Chlorine Compressors Market: Trends, Demands, and Forecast 2023-2030
August 2, 2023 ⚊ 1 Min read ⚊ Views 79 ⚊ BUSINESSThe Chlorine Compressors market has witnessed steady growth in recent years, and the outlook remains optimistic for the forecast period. According to the latest data, the market size for Chlorine Compressors was USD 54.2 million in 2021, with a projected CAGR of 7.5 percent during the forecast period. The extensive use of chlorine compressors in chlorine manufacturing plants and the rising demand for chlorine in various end-use industries, including chemicals, water & wastewater treatment, oil & gas, and petrochemicals, are major drivers contributing to the consistent revenue growth in the market. Moreover, the increasing use of chlorine as a raw material in different organic and inorganic chemicals is fueling the market’s expansion.
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