Chlorine Compressors Market Report

Chlorine Compressors Market Analysis By Product (Liquid Ring Compressors, Centrifugal Compressors), By Region (North America, Europe, Asia Pacific, CSA, MEA), And Segment Forecasts, 2014 - 2025

Published: October 2017  |  69 Pages  |  Format: PDF  |  Report ID: GVR-1-68038-652-3

Industry Insights

The global chlorine compressor market size was valued at USD 70.0 million in 2016. The compressors are among the essential components in chlorine (Cl) production plants as well as for further processing of chlorine in the industries. These compressors regulate the chlorine pressure and ensure controlled flow rate in industries. The chemical production is expected to witness proportional growth over the forecast period owing to the growing demand for PVC.

The extensive use of Cl both as a raw material and an essential ingredient in the production of organic & inorganic chemicals and paper & pulp is most likely to cement the market growth over the forecast period. The water treatment projects mainly in North America, Europe, and Asia are further likely to trigger the steady growth over the forecast period.

U.S. chlorine compressors market revenue by product, 2014 - 2025 (USD Million)

U.S. chlorine compressors market

The global chemical industry is witnessing progress in terms of sales and revenue. In addition, the global chemicals are displaying omnipresence across all end-user material front. Chlorine plays an integral role in the chemical industry. It is an important inorganic chemical along with fluorine and bromine. As per the United Nations Environment Program (UNEP), China was the biggest producer as well as consumer and accounted for around 65% of the chemical production across the globe as of 2016. 

The North American industry is mature in nature. The demand for chlorine in the region is expected to recover in the next few years, but is unlikely to go above the levels that were recorded before the 2008 economic recession. The production of chlorine in the U.S. is majorly done via diaphragm cell despite mercury and membrane cells dominating the market in Europe.

The supply-demand scenario is directly related to the requirement of Cl in various end-use applications across the globe. During the forecast period, the production is expected to be slow owing to environmental regulations related to chlorine, especially in the Europe. The European industry has already made a voluntary agreement to phase out mercury-based technology, which accounts for around 20% of the capacity. This technological shift is likely to affect the product growth.

Major industry participants, such as Gardner Denver Nash LLC. and Mikuni Kikai Kogyo Co., Ltd., have established themselves as manufacturers and suppliers. Small enterprises enter the market space by establishing themselves as dealers. These dealers facilitate key manufacturers to display their products, thus saving on facility costs.

Product Insights

Liquid ring compressors have a higher demand than centrifugal compressors owing to their ability to handle chlorine in liquid state. Revenue generated for liquid ring type is substantially higher than centrifugal compressors. Non-corrosive materials in the form of coatings and electrical wiring of liquid ring type are more capital intensive than centrifugal type.

Chlorine compressors market revenue by product, 2016 (%)

Chlorine compressors market

The consumption of liquid ring and centrifugal compressors is essentially dependent on the plant size & capacity and also on the grade of Cl manufactured. The demand is dependent on the complexity of Cl plant and the discharge pressure desired to be achieved.

Regional Insights

The margins for PVC producers in North America are anticipated to be ranged from USD 200 to USD 300 per ton over the forecast period. North America is likely to gain advantage owing to factors such as the availability of ethylene and low electricity prices, which is half as compared to the prices in Europe.

Furthermore, the economic recovery is likely to boost the domestic consumption, and construction spending is slated to strengthen PVC demand in North America. The availability of a mature chlorine production infrastructure coupled with the proposed capacity addition for catering to the PVC industry demand in Asia Pacific is expected to positively influence the requirements for these compressors in the coming years.

The European market growth is expected to remain low as major chlorine producing companies are expected to shut down in the region owing to phasing out of membrane technology. The region is expected to be heavily dependent on imports from Asia Pacific. Capacity utilization is expected to stable from the beginning of 2018. Currently, spot prices for Cl in the region are substantially high as major producers in North America and Europe have shut down operations in order to upgrade plant infrastructure, thus promoting a disparity in the regional demand and supply.

Competitive Insights

The industry is fragmented in nature. Key players invest significantly in research and development activities to develop compressors with different capacity. This helps them in product line extensions. The drive to enhance product features and performance drives the industry participants to remain competitive. The industry is anticipated to be competitive owing to rising need for chlorine in various end-use applications.

The supplier power is expected to be moderate. Availability of raw materials and their fluctuating prices owing to macroeconomic factors are anticipated to play a crucial role in business profitability. Key players sign contracts with suppliers in order to enter new regions for their products without establishing new production facilities.

The threat of substitutes is expected to be low in the market. Companies providing packages for both filtration equipment and compressors are anticipated to achieve a competitive edge. Good after sales service and maintenance is likely to play a key role.

Report Scope

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2014 & 2015

Forecast period

2017 - 2025

Market representation                                                 

Volume in units, revenue in USD Million, and CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Country scope

U.S., Germany, France, UK, China, India, Japan

Report coverage             

Volume & revenue forecast, competitive landscape, growth factors, and trends

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Segments covered in the report

This report forecasts volume & revenue growth and provides an analysis on the latest trends in each of the sub-segments from 2014 to 2025. For the purpose of this report, Grand View Research has segmented chlorine compressors market on the basis of product and region:

  • Product Outlook (Volume, Units; Revenue, USD Million; 2014 - 2025)

    • Liquid Ring Compressors

    • Centrifugal Compressors

  • Regional Outlook (Volume, Units; Revenue, USD Million; 2014 - 2025)

    • North America

      • U.S.

    • Europe

      • Germany

      • UK

      • France

    • Asia Pacific

      • China

      • India

      • Japan

    • Middle East & Africa

    • Central & South America

Key questions answered by the report
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