December 26, 2019
According to the research report titled ‘Hypochlorite Bleaches Market Size By Product (Sodium Hypochlorite, Calcium Hypochlorite, Potassium Hypochlorite, Lithium Hypochlorite), By Application (Water Treatment, Textiles, Residential Pool Treatment, Laundry Bleaching, Disinfectants, Paper & Pulp), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report LLC, the global hypochlorite bleaches market is projected to surpass USD 340 million by the year 2025.
Growing need for potable water, coupled with rising awareness regarding safe drinking water among consumers are major factors driving the hypochlorite bleaches market growth. Strict government policies to maintain consumer health and surging need for sustainable techniques for reusing water are also aiding the market expansion. Scarcity of water and rising costs of water are compelling the population to adopt reusing and recycling methods. This factor, in consort with favorable federal reforms which encourage wastewater treatment are stimulating the popularity of hypochlorite bleaches across the globe.
As per product type, calcium hypochlorite bleach market is expected to register considerable growth in the upcoming years, owing to rising adoption of such products for wastewater treatment methods for removing harmful compounds and microbial contaminants from the water. Rising environmental concerns and increasing consumption of water are augmenting the demand for calcium hypochlorite, thus fueling the growth of the segment.
Based on application spectrum, the report cites that hypochlorite bleaches market from water treatment segment will grow substantially during the forecast period. Growing occurrence of water borne diseases is giving rise to the need for potable drinking water across various industries, hence fueling the demand for wastewater treatment chemicals.
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Considering regional landscape, Asia-Pacific hypochlorite bleaches market is estimated to grow by 8.5% through the year 2025, owing to robust expansion of pulp & paper industry in the region. The pulp used for manufacturing of writing and printing papers undergoes bleaching process where it is brightened by oxidizing and dissolving residual lignin using hypochlorite bleaches.
The prominent companies operating in hypochlorite bleaches market are ANSA McAL Chemical Ltd., Groupe Somavrac, Mabuhay Vinyl Corp., Carcus Corp., American Elements, Acuro Organics Limited, Organic Industries Ltd., Shijiazhuang Xinlongwei Chemical Co. Ltd., Electrolytic Technologies, Tianjin Yufeng Chemical Co. Ltd., Inoyn, TOSOH Corp., H. Krevit & Co., Nouryon, AG Chemi Group, Odssey Manufacturing Co., Arkema, and Aditya Birla Chemicals.
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