The Europe Chlorine Dioxide Market would witness market growth of 4.5% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 511.2 hundred tonnes, showcasing a growth of 3.7% (2019-2022).
The oil and gas industry, with its diverse water treatment needs, has also recognized the value of ClO2. It is employed in various processes, including the treatment of produced water, cooling water, and processed water. The ability of ClO2 to control sulphide compounds and mitigate microbial growth in water systems contributes to the efficiency and sustainability of operations in this sector. The oil and gas industry are expected to increasingly depend on efficient water treatment solutions, such as ClO2, in response to the rising demand for energy.
Additionally, the focus on asustainable practices extends to water management, influencing the choices made in water treatment technologies. ClO2, with its potential for reducing harmful disinfection by-products compared to traditional chlorine, aligns with the sustainability goals of industries and municipalities. The market trends reflect a growing demand for water treatment solutions that ensure water safety and minimize environmental impact, positioning ClO2 as a contender in pursuing sustainable water management practices.
Europe has stringent environmental regulations, and the pulp and paper industry is constantly pressured to adopt cleaner and more sustainable practices. ClO2 is favored over chlorine in bleaching processes because it produces fewer harmful by-products. European pulp and paper mills have been transitioning from conventional chlorine-based bleaching methods to ECF and TCF processes, where ClO2 is crucial. Consumer demand for sustainable and environmentally favorable paper products is increasing. European pulp and paper manufacturers are likely to invest in technologies and chemicals, such as ClO2, that contribute to producing environmentally friendly paper. Therefore, the growing food and beverage and pulp and paper sectors in Europe will help increase the demand for ClO2 in the region.
The Germany market dominated the Europe Chlorine Dioxide Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $75.2 million by 2030. The UK market is exhibiting a CAGR of 3.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.2% during (2023 - 2030).
Free Valuable Insights: The Global Chlorine Dioxide Market will Hit $1.4 Billion by 2030, at a CAGR of 4.7%
Based on Application, the market is segmented into Industrial Water Treatment, Pulp & Paper Processing, Oil & Gas, Medical, Food & Beverages, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Application (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)
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