This research analyses niche markets, potential threats, and competitive strategy in various segments based on the Chlorine Dioxide Market competitive landscape and development model in various parts of the world. This research throws light on the business strategies of the key players that might help in the growth of other companies during the pandemic era.
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Impact of COVID-19 on Chlorine Dioxide Market
As the world grapples with one of its greatest health pandemic, the economic and social disruption has affected millions of enterprises. The revenues have gone down in the year 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition. Stratview Research throws light on in-depth insights related to rapid alterations in the key players in each industry, growth and decline due to COVID-19, etc. The researchers at Stratview Research are regularly connecting with the clients and other key players of almost all the industries, regarding the impact of COVID-19 on their businesses.
Key Players involve in this research are:
Accepta Water Treatment
Bio-Cide International, Inc.
Evoqua Water Technologies LLC
Grundfos Holding A/S
The Sabre Companies LLC.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Chlorine Dioxide Market value and growth drivers over the trend period of 2021-26. According to the report –
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.
Based on Application Type:
Based on the application type, the market is segmented into food & beverages, medical, pulp & paper processing, oil & gas, industrial water treatment, and others. Among these applications, the industrial water treatment category is expected to gain the maximum traction in the market over the forecast period. As a result of urbanization and industrialization trends over the years, there has been a significant contribution of water pollution, which has simultaneously increased the need for water treatment. In addition, chlorine dioxide is broadly used for disinfection of drinking water along with acting as an efficient biocide for food processing, industrial activity, and medical purpose, among others. Due to ever-growing water pollution, the industrial water treatment market segment is anticipated to be the dominant application of chlorine dioxide, throughout the forecast period.
Based on Region:
In terms of regions, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the world. Among these regions, Asia-Pacific is expected to account for the largest share throughout the forecast period. In the recent years, a number of industries and factories (medical, manufacturing, food processing, oil & gas, etc.) have setup their locations in the Asian region, primarily due to availability of cheap labor and low prices of raw materials. This has simultaneously resulted in increasing water pollution in the region. This is the major reason for the dominance of the Asia-Pacific region in the overall market.
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Competitive Analysis: Understanding your rivalry is critical to your success. This section includes an analysis of your key competitors, their products/services, their differentiators, and market shares, etc.
Target Market and Audience: Identifying and prioritizing specific target markets is another key part of any industry, where research is crucial. Stratview Research’s report will help you find more about the demographics and buying behaviours of your potential customers.
Key Considerations for Market Forecast:
- Impact of lockdown, supply chain disruptions.
- Pre and post-COVID-19 market estimates
- Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
Impact of COVID-19 on the Global Market
The Chlorine Dioxide report compiled by Stratview Research offers in-depth study of market opportunities and market impact that are stirred due to the COVID-19 pandemic. The detailed research report focuses upon the direct and indirect impact of COVID-19 with new product launches, M&As, supply chain overview, government regulations, strategies adopted by related market, etc.
Sneak peek into the Report:
The report provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market forecast analysis
- Competitive landscape and dynamics: Market share, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends & Key success factors
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