The chlorine dioxide market was estimated at USD 998.44 million in 2022 and is likely to grow at a CAGR of 6.31% during 2023-2028 to reach USD 1448.66 million in 2028.
Chlorine dioxide is a volatile, strong, and small chemical compound (molecule), which consists of two oxygen atoms and one chlorine atom, in its composition. It is abbreviated as ClO2 and is widely used for bleaching and water treatment. In addition, it is also used in end-use industries such as oil & gas and food & beverages for various anti-microbial activities.