Bleaching Agent Market

Bleaching Agent Market by Product Types (Chlorine, Sodium, Calcium, Peroxide, and Other Product Types), End-users (Pulp & Paper, Textile, Construction, Electrical & Electronics, Water Treatment, Healthcare, and Other End-users), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-2210
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 216
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The global bleaching agent market size is estimated to expand at a healthy CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the extensive applications of bleaching agents in various industries.


Bleaching Agent Market

Bleaching agent is a chemical compound that whitens the fabric or fiber through chemical reactions. It is generally used as an oxidizing dying agent. Bleaching agents are used in a variety of applications, including color, material or water change, textile disinfection, sewage control, stain removal, and deodorization of substrates. It is relatively volatile chemical, therefore, when inhaled it causes irritation in the nose. This agent is also used in the food and beverage industry as it acts as microbiological controller for washing and cleaning fruits & vegetables and brewing & bottling.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing number of applications for chlorine-based bleaching agent is expected to propel the growth of the market.
  • Rising demand for clean water, driven by quick urbanization and industrial development, can boost the market growth.
  • Growing adoption of bleaching agent in the food & beverage industry is estimated to boost the market growth.
  • Stringent government regulations can potentially hamper the revenue of the market growth.
  • The COVID-19 outbreak hampered the production of bleaching agent across the globe. However, the relaxation in trade activities is expected to help the market recover soon.
  • Ongoing research & development (R&D) of bleaching agent for soil cultivation is expected to positively influence the growth of the market.

Scope of the Report

The report on the bleaching agent market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Bleaching Agent Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Product Types (Chlorine, Sodium, Calcium, Peroxide, and Other Product Types), End-users (Pulp & Paper, Textile, Construction, Electrical & Electronics, Water Treatment, Healthcare, and Other End-users)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Arkema; Dow Chemical; Evonik Industries AG; Kemira; and Clariant

Bleaching Agent Market Segment Insights

Chlorine segment is expected to grow at a robust rate

Based on product types, the bleaching agent market is divided into chlorine, sodium, calcium, peroxide, and other product types. The chlorine segment is expected to grow at a robust rate during the forecast period owing to increasing demand for chlorine in swimming pools and water park themes. Additionally, after the outbreak of COVID-19, major water parks are re-opening with 50% capacity, thus, the market of bleaching agent is anticipated to spur the market segment growth. However, the calcium segment is anticipated to hold a large share of the market in the coming years due to rising use of calcium in bakery applications to improve its structure and increase the elasticity.


Bleaching Agent Market

Textile segment is projected to expand at a healthy CAGR

On the basis of end-users, the market is segregated into pulp & paper, textile, construction, electrical & electronics, water treatment, healthcare, and other end-users. The textile segment is projected to expand at a healthy CAGR during the forecast period owing to increasing use of bleaching agent in laundry services as part of bleaching process. On the other hand, the water treatment segment is anticipated to account for a major market share during the forecast period owing to increasing government investment in wastewater treatment.


Bleaching Agent Market

Asia Pacific is anticipated to hold a large market share

In terms of regions, the bleaching agent market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to constitute a key share of the market during the projected period owing to rapid growth of the industrialization. However, the market in Middle East & Africa is anticipated to expand at a steady rate due to increasing number of construction industries.


Bleaching Agent Market

Segments

Segments Covered in the Report

The global bleaching agent market has been segmented on the basis of

Product Types

  • Chlorine
  • Sodium
  • Calcium
  • Peroxide,
  • Other Product Types

End-users

  • Pulp & Paper
  • Textile
  • Construction
  • Electrical & Electronics
  • Water Treatment
  • Healthcare
  • Other End-users

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Arkema
  • Dow Chemical
  • Evonik Industries AG
  • Kemira
  • Clariant

Competitive Landscape

Key players competing in the bleaching agent market are Arkema; Dow Chemical; Evonik Industries AG; Kemira; and Clariant.

Industry players are engaging in R&D activities to create a competitive advantage in the market.

In August 2021, Evonik Industries AG announced that it is upgrading its Shanghai site for expanding its R&D activities in China.

In May 2020, Kemira announced a long-term extension of its bleaching chemicals supply contract with UPM-Kymmene Oyj, a Finland-based forest industry, in Uruguay.

Bleaching Agent Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bleaching Agent Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Bleaching Agent Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Bleaching Agent Market - Supply Chain
  4.5. Global Bleaching Agent Market Forecast
     4.5.1. Bleaching Agent Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Bleaching Agent Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Bleaching Agent Market Absolute $ Opportunity
5. Global Bleaching Agent Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Bleaching Agent Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Bleaching Agent Demand Share Forecast, 2019-2026
6. North America Bleaching Agent Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Bleaching Agent Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Bleaching Agent Demand Share Forecast, 2019-2026
7. Latin America Bleaching Agent Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Bleaching Agent Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Bleaching Agent Demand Share Forecast, 2019-2026
8. Europe Bleaching Agent Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Bleaching Agent Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Bleaching Agent Demand Share Forecast, 2019-2026
9. Asia Pacific Bleaching Agent Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Bleaching Agent Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Bleaching Agent Demand Share Forecast, 2019-2026
10. Middle East & Africa Bleaching Agent Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Bleaching Agent Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Bleaching Agent Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Bleaching Agent Market: Market Share Analysis
  11.2. Bleaching Agent Distributors and Customers
  11.3. Bleaching Agent Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Arkema Dow Chemical Evonik Industries AG Kemira Clariant

Segments Covered in the Report

The global bleaching agent market has been segmented on the basis of

Product Types

  • Chlorine
  • Sodium
  • Calcium
  • Peroxide,
  • Other Product Types

End-users

  • Pulp & Paper
  • Textile
  • Construction
  • Electrical & Electronics
  • Water Treatment
  • Healthcare
  • Other End-users

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Arkema
  • Dow Chemical
  • Evonik Industries AG
  • Kemira
  • Clariant

Key players competing in the bleaching agent market are Arkema; Dow Chemical; Evonik Industries AG; Kemira; and Clariant.

Industry players are engaging in R&D activities to create a competitive advantage in the market.

In August 2021, Evonik Industries AG announced that it is upgrading its Shanghai site for expanding its R&D activities in China.

In May 2020, Kemira announced a long-term extension of its bleaching chemicals supply contract with UPM-Kymmene Oyj, a Finland-based forest industry, in Uruguay.

Bleaching Agent Market

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