Bleaching Chemicals Market

Bleaching Chemicals Market is projected to be worth USD 20350.23 million by 2030, registering a CAGR of 6.30% during the forecast period (2022–2030).

Market Scope

The bleaching chemicals market is expected to thrive at an exemplary growth rate during the forecast period. Applications of these chemicals in pulp bleaching, cosmetic & personal care, household industry, textile industry, epidemic control, aqua treatment, and carpet industries. The textile industry is expected to drive the majority of the market owing to the large population and penchant for apparel. The paper & pulp industry can also contribute to the global bleaching chemicals market owing to the use of these agents in the elimination of dark lignin impurities.

Stringent environmental regulations for advocating the use of eco-friendly chemicals can drive the market demand significantly. The use of bleaching chemicals for the removal of stains in the APAC region can highlight the large potential of the market. Rise of water contamination amid rapid industrialization in China and India can drive the use of these agents for filtering out pollutants. Green alternatives to chlorine bleaching agents can help sustain the market growth of bleaching chemicals.

But the toxic effects of bleaching chemicals can negatively hamper the market growth.

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Competition Outlook

Aditya Birla Chemicals, Kemira Oyj, Arrow-Magnolia International, Inc., Ecolab G.K., Akzo Nobel Eka, State Industrial Products Corporation, Neutron Industries, 3M Company, Hansol Chemicals, and Hercules and Hercules Inc are notable players of the global bleaching chemicals market.

Segmentation

The global bleaching chemicals market is segmented by type and application.

By type, the market is segmented into sodium dichloro isocyanurate, sodium hypochlorite, chlorine, chlorine dioxide, calcium hypochlorite, and others. Sodium hypochlorite and calcium hypochlorite have captured major market shares in 2014. Water treatment procedures done by major corporations for ensuring the safety of water is likely to induce heavy demand in the market.

Major applications include textile industry, cosmetic & personal care, household industry, food additive, pulp bleaching, and others. The household industry is likely to be the biggest application of the global market owing to its use as a cleaning agent. In addition, the food additive application can bode well for the global bleaching chemicals market growth owing to the use in bread and flour-based items. Demand for bread amid the growing global population can positively impact the segment growth. Hydrogen peroxide is one of the biggest agents used in flour, starches, bakery foods, gums, natural sugars, natural oils, and waxes.

Regional Analysis

The global bleaching chemicals Industry Analysis has been studied in four regions — North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

Europe is expected to lead the global market owing to investments in water treatment facilities. The scarcity of water amid its larger use among industries can drive the market demand in the region. While the APAC region can account for a larger share of the market owing to India, China, and Japan.

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