Global hypochlorite bleaches market demand is anticipated to be valued at USD 305.03 million in 2023, forecast a CAGR of 5.4% to be valued at USD 516.11 million from 2023 to 2033.
Growth is attributed to the increasing demand for paper and paperboard in emerging economies. From 2018 to 2022 a CAGR of 4.6% was registered for the hypochlorite bleaches market. Hypochlorite bleaches are mostly the sodium salt of hypochlorous acid dissolved in water. It is also known as liquid bleach or bleach.
Hypochlorite bleaches are used as a bleaching agent and a disinfectant. Hypochlorite bleaches are solid white powders containing several compounds such as sodium hydroxide and calcium hypochlorite. It is used as a sanitizer owing to its antimicrobial activity, rapid bactericidal action and reasonable persistence in treated potable water.
The global hypochlorite bleaches market is expected to have a substantially high growth rate, attributed to the growing healthcare industry across the globe and increasing chances of contamination by pathogens. North America accounts for a significantly high revenue share in the global market, attributed to robust marketing and research in the region.
| Attribute | Details |
|---|---|
| Hypochlorite Bleaches Market CAGR (2023 to 2033) | 5.4% |
| Hypochlorite Bleaches Market Size (2023) | USD 305.03 million |
| Hypochlorite Bleaches Market Size (2033) | USD 516.11 million |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The growth of the global hypochlorite bleaches sector is driven by the growing pharmaceutical and laundry industry. The macroeconomic factor responsible for the growth of the global market is rising disposable income, the rapid rate of urbanization, and changing lifestyle. The key factor restraining the global market is the corrosive property of hypochlorite bleaches if not handled properly.
Increasing demand from the water treatment industry is the main factor propelling the growth of the global hypochlorite bleaches sector. In addition, increasing adoption of sodium hypochlorite for medical and household purposes is another factor expected to further fuel the growth of the market in near future. Also rising use of sodium hypochlorite as an oxidizing agent in the chemical industry is further expected to support the target market in near future.
Overall, the outlook for the global hypochlorite bleaches industry is likely to have a positive growth over the forecast period, owing to the increasing demand for the disinfectant as an anti-counterfeiting measure.
Although the hypochlorite bleaches sector has numerous end-uses, there are numerous obstacles that likely pose a challenge to market growth. Stringent government regulation on the use of sodium hypochlorite is the key factor hampering the growth of the market to some extent over the forecast period. Also, increasing Preference for hydrogen peroxide bleaching is expected to significantly hinder the growth of the market during the forecasting period.
Principal Consultant
North America dominated the global hypochlorite bleaches sector in 2022. North America accounts for a market share of 23.1% in the global market.
North America accounts for a significant share of the global market, owing to a relatively high-value share of the region in the global healthcare market.
Rising industrial activities and growing contamination have propagated the need for water treatment activities in the region. Demand for safe and potable water in the region owing to growing consumer consciousness for healthy living is likely to upsurge the hypochlorite bleaches sector in North America.
Europe dominated the worldwide market and it is also predicted to be a significant market because of the increased demand and consumption of bleaches, the key producers are expanding their production capacity in Europe through expansion techniques.
For instance, Sanosil AG is a Swiss industrial chemical supplier specialized in international production, worldwide distribution and wholesale of Sanosil disinfectant products. Due to devoted research and development of solutions, it can be used in various industries like water industry, public health, facility management, food and beverage industry etc.
Eastern Europe accounts for a significant value share in the global hypochlorite bleaches sector as this region has significant growth in the disinfectant market. The growing textile industry in the region is fueled by a sharp increase in the production of garments, home textiles, and chemical fiber. Hence, with such growth in the textile industry, the demand for hypochlorite bleaches increased in Europe, and accumulated a market share of 27.3% in 2022.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The Asia-Pacific accounts for a significantly high volume share in the global hypochlorite bleach market, owing to the substantial growth in the pharmaceutical industry in the region.
With rapid urbanization and industrialization particularly in the countries like China and India demand for the water chemical treatment industry increases which contributes to the growth of the hypochlorite bleaches business.
Asia Pacific is the leading customer of sodium hypochlorite riding on high sales of household bleaching products to its large population. Key industrial economies including India, Japan, South Korea and China are the key consumers of sodium hypochlorite for application in wastewater treatment, and as a sterilizer in equipment of food processing. This boosts the growth of the hypochlorite bleaches sector in Asia Pacific.
To stay competitive, start-up companies are focused on research and development and launching new goods on a regular basis. Manufacturers in the sector have formed alliances with milk suppliers to assure continuous raw material supply and efficient logistics networks.
Furthermore, the acquisition has emerged as a crucial business strategy in the industry for expanding regional footprint and product portfolio. Acuro Organics Limited, Destiny Chemicals, Auxogene Aqua Private Limited, Sai Chem Corporation.
The market for hypochlorite bleaches is fragmented; nevertheless, key companies in the segment maintain a large share due to a robust distribution channel and a tangible presence in global hot spots. Various initiatives taken by industry players are aiding the sector's growth, and one notable initiative is that of new product introductions.
Recent Developments:
The global hypochlorite bleaches market is valued at USD 305.03 million in 2023.
The hypochlorite bleaches market is projected to witness a CAGR of 5.4% through 2033.
North America holds the leading share in the global hypochlorite bleaches market.
The Asia Pacific holds a substantial share of the global hypochlorite bleaches market, driven by robust pharmaceutical industry growth in the region.
Innovation in applications and eco-friendly solutions are primary drivers behind hypochlorite bleaches market expansion.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Sodium Hypochlorite 5.2. Bleaching 5.3. Surface Purification 5.4. Odor Removal 5.5. Water Disinfection 5.6. Calcium Hypochlorite 5.7. Potassium Hypochlorite 5.8. Lithium Hypochlorite 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 6.1. Healthcare 6.2. Domestic Uses 6.3. Laundry 6.4. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Lion Apparel, Inc. 17.2. Shijiazhuang Xinlongwei Chemical Co. Ltd. 17.3. Shouguang Tianwei Chemical Co. Ltd. 17.4. Ecoviz Ktf 17.5. JSC AVANGARD 17.6. SAI CHEM CORPORATION 17.7. Tianjin Yufeng Chemical Co. Ltd. 17.8. Union Overseas Enterprise Ltd. 17.9. Value (USD Million) & Volume (Litre)ed Chloro Paraffin Pvt. Ltd. 17.10. Mabuhay Vinyl Corporation 18. Assumptions & Acronyms Used 19. Research Methodology
Explore Chemicals & Materials Insights
View Reports
Hypochlorite Bleaches Market
