The hypochlorite bleaches market size is estimated to register a significant CAGR of over 3% during the forecast period, 2021–2028. The growth of the market is attributed to expanding healthcare industry and increased risk of pathogen contamination.
Hypochlorite bleaches are the sodium salt of hypochlorous acid dissolved in water, which contains the chlorine and oxygen molecule ions. These bleaches are utilized in a variety of sectors, including textiles, paper & pulp, municipal water treatment, and laundry, since they provide odor reduction, water disinfection, and surface cleaning. These products are also known as Clorox bleach because they include sodium hypochlorite, which is an active component in domestic laundry bleach with a total chlorine concentration of 5.25 percent to 6%.
Hypochlorite bleaches are solid white powders comprising sodium hydroxide and calcium hypochlorite. Because of its antibacterial activity, fast bactericidal effect, and acceptable persistence in treated drinking water, it is used as a sanitizer.
Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for clean water in various applications is estimated to fuel the market during the forecast period.
- Government implemented strict restrictions on the use of industrial water is major factor propelling the market in coming years.
- The inclination for hydrogen peroxide bleaching is expected to hinder the market growth.
- Lack of awareness act as major challenge that can restrict the market during the forecast period.
- Rising demand from the aquaculture is projected to create significant opportunities for the market players.
Scope of the Report
The report on the hypochlorite bleaches market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Hypochlorite Bleaches Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Product (Sodium Hypochlorite, Calcium Hypochlorite, Lithium Hypochlorite, and Potassium Hypochlorite) and Application (Pulp & Paper, Disinfectants, Textiles, Laundry, Bleach, Aquaculture, and Others)
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
Tosoh Corporation, Aditya Birla Chemicals, Nouryon, Inovyn, and Arkema.
Market Segment Insights
The potassium hypochlorite segment is projected to hold a large market share
On the basis of product, the hypochlorite bleaches market is segmented into sodium hypochlorite, calcium hypochlorite, lithium hypochlorite, and potassium hypochlorite. The potassium hypochlorite segment is expected to represent a key share of the market during forecast period. The potassium salt of hypochlorous acid is potassium hypochlorite. It's utilized in a variety of concentrations, and is frequently diluted in a water solution. It can be used to sterilize surfaces. To address the growing demand for bleaching agents in laundry, agriculture, and industrial applications, several producers are producing potassium hypochlorite bleaches. Crop productivity and production are improved when agricultural water is used safely and properly. In agricultural land, potassium hypochlorite bleaching solutions are utilized because they provide important plant nutrients and dissolve quickly in water.
The pulp & paper segment is expected to grow at a rapid pace
On the basis of application, the hypochlorite bleaches market is divided into pulp & paper, disinfectants, textiles, laundry, bleach, aquaculture, and others. The pulp & paper segment is anticipated to represent a key share of the market during the forecast period. The use of calcium hypochlorite is designed to remove any biofouling and pollution, as well as spot reduction in paper films. In pulp and paper mills, chlorine has traditionally been employed as a bleaching agent. However, safety concerns about the usage of chlorine gas in the sector have recently surfaced. Containerboard and carton board/boxboards are two common applications for paper board. The growing need for superior packaging throughout the world, particularly in countries like China and the US, is projected to drive the market for hypochlorite.
China is expected to dominate the market
On the basis of geography, the hypochlorite bleaches market is classified as Asia Pacific, North America, Europe, and Middle East & Africa. China is anticipated to dominate the market during the forecast period. China is one of the world's major paper-producing nations. Utilized paper, such as old corrugated containers (OCC), old newspapers and magazines, and mixed paper grades, are widely used as feedstock in the paper and board industry. Furthermore, the country's disinfectants business has been increasing at a rapid pace from the previous two years which is estimated to drive the market.
Segments Covered in the Report
The hypochlorite bleaches market has been segmented on the basis of
- Sodium Hypochlorite
- Calcium Hypochlorite
- Lithium Hypochlorite
- Potassium Hypochlorite
- Pulp& Paper
- Asia Pacific
- North America
- Latin America
- Middle East & Africa
- Tosoh Corporation
- Aditya Birla Chemicals
Key players competing in the hypochlorite bleaches market include Tosoh Corporation, Aditya Birla Chemicals, Nouryon, Inovyn, and Arkema.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.