Press release
Hypochlorite bleaches market to expand US$340 million by 2025 | Arkema, Nouryon, TOSOH, Inoyn, VYONVA, American Elements
Hypochlorite Bleaches Market
Dearth of fresh water has further accentuated the need to recycle the used water, with traction for household bleaches growing in the midst of rampant infectious diseases. Lately, major players have exhibited inclination for hypochlorite bleaches to sanitize food preparation equipment, expand penetration in poultry production; fruit and vegetable processing; and fish processing. Global Market Insights, Inc., has projected hypochlorite bleaches market size to expand US$340 million by 2025.
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Some of the downsides such as corrosive substance leading to potential health concerns are expected to mar hypochlorite bleaches market outlook.
Current industry dynamics allude bullish growth for the bleaches market as end-users will continue to show traction in water treatment, disinfection and textiles. Notably, sodium hypochlorite will be one of the major revenue-generating sources in the landscape.
Growing consumer awareness and increasing focus on sustainable practices such as conserving and reusing water may fuel product demand. Rising awareness regarding safe drinking water has resulted in wide adoption of water treatment solutions. Moreover, strict government regulations in line with consumer health protection measures will further boost the demand for hypochlorite bleaches market in the coming years.
Driven by positive application in various industries including textiles, paper & pulp, laundry and municipal water treatment, hypochlorite bleaches market is likely to gain remarkable traction over 2019-2025. Hypochlorite bleaches are solid white powders containing several compounds such as calcium hypochlorite and sodium hydroxide. The product as widely utilized as a sanitizer owing to antimicrobial property, instant bactericidal action as well as reasonable persistence in treated water.
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Asia Pacific hypochlorite market size is forecast to witness highest revenue growth at a notable rate of 8.5% over the coming years owing to robust growth rate of pulp & paper manufacturing industry across the region. Hypochlorite bleaches industry share is fragmented with the presence of key market players worldwide, including Nouryon, Aditya Birla Chemicals, INOVYN, Ansa McAL Chemicals Ltd. and Vyonva.
These companies are involved in various organic and inorganic strategies including joint ventures and collaborations to develop new products accompanied by strong research and development spending. These strategies will further aid these manufacturers the to build advanced product profiles and to gain a competitive advantage over the other industry players.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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