According to a new report, published by KBV research, The Global Chlorine Dioxide Market size is expected to reach $1.4 billion by 2030, rising at a market growth of 4.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,517.6 hundred tonnes, experiencing a growth of 3.9% (2019-2022).
The Pulp & Paper Processing segment is experiencing a CAGR of 4.4% during (2023 - 2030). Chlorine dioxide is widely used in pulp bleaching to achieve high brightness and whiteness in paper products. The demand for high-quality paper with minimal environmental impact will likely drive chlorine dioxide use. The pulp and paper industry has moved from elemental chlorine bleaching to ECF and TCF processes. Chlorine dioxide is a key component in these processes, contributing to their growth. As a result, the segment will expand rapidly in the upcoming years.
Full Report: https://www.kbvresearch.com/chlorine-dioxide-market/
The Asia Pacific region dominated the Global Chlorine Dioxide Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $556.9 million by 2030. The North America region is poised to grow a CAGR of 4.1% during (2023 - 2030). Additionally, The Europe region would register a CAGR of 4.5% during (2023 - 2030).
By Application (Volume, Hundred Tonnes, USD Billion, 2019-2030)
By Geography (Volume, Hundred Tonnes, USD Billion, 2019-2030)
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