Q. What will be the growth of chlorine dioxide market in the foreseeable future?
What will be the growth of chlorine dioxide market in the foreseeable future?
Chlorine Dioxide Market is likely to witness a robust CAGR of more than 5.0% during the forecast period, due to its increasing application in the treatment of industrial wastewater. Over the years, chlorine dioxide has been broadly used for a wide range of antimicrobial roles, such as drinking water disinfection. Of late, the market for chlorine dioxide has grown exponentially due its rising demand in the oil & gas domain. In the recent years, chlorine dioxide has become largely used chlorine alternative primarily for water treatment solutions. It has a number of benefits, including proper efficiency at high pH, resistance to effect by ammonia, and majorly supportive as compared to chlorine w.r.t the systems that are very vulnerable to a high level of organic contamination. As chlorine dioxide is a selective oxidizer, it has a capability to control the micro-organisms in water, even at very low dosages, which makes it a cost-effective solution. Therefore, there is a high demand for chlorine dioxide in the global market.