According to the latest market survey conducted by Future Market Insights, the global Sodium dichloroisocyanurate market is relishing a market valuation of US$ 723.6 Million in 2023, and all are set to expand with a CAGR of 7.2% during the 2023 to 2033 period.
Attributes | Details |
---|---|
Market Size 2022 | US$ 688.5 Million |
Market Size 2033 | US$ 1,450.3 Million |
Value CAGR (2023 to 2033) | 7.2% |
Collective Value Share: Top 3 Countries (2023E) | 35% to 40% |
Sodium dichloroisocyanurate (NaDCC) is a chemical compound used as a disinfectant and a sanitizer in water treatment, pool and spa maintenance, and hygiene. It is commonly available in tablet or powder form, and it releases hypochlorous acid and chlorine in water, which kills bacteria, viruses, and other microorganisms.
The chemical is utilized as a bleaching agent in the textile industry because it contains oxidizing agents that aid in the breakdown of chromophoric groups, such as chlorine, and peroxide derivatives. Applications for sodium dichloroisocyanurate include environmental sterilization, found to be effective against cases of the food poisoning bug Clostridium difficile, animal raising (the compound stops wool from shrinking), and the disinfection of bacteria and other organic debris in fish, poultry, and silkworm rearing.
The demand for Dichloroisocyanuric acid sodium salt is rising due to its many industrial uses and lower price, which are anticipated to significantly contribute to the market's revenue growth from 2023 to 2033.
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Over the historical period of the study 2018 to 2022, the market for Sodium dichloroisocyanurate was recorded to grow at a phenomenal CAGR of 5.1%, owing to the increasing demand for sanitizers, detergents, and soaps during a pandemic.
Whereas, the market is expected to progress at a CAGR of 7.2% between 2023 and 2033 owing to the increasing need to produce safe, high-quality products at lower costs. Foods like proteins, milk, and grains—which are essential for a child's development—can be produced by farmers at a lesser cost due to DICHLOROSAN.
Increasing awareness of water purification and personal hygiene
Sodium dichloroisocyanurate (NaDCC) is commonly used in water purification as a fast-dissolving and effective sanitizer. When added to water, it releases hypochlorous acid and chlorine, which kill bacteria, viruses, and other harmful microorganisms. NaDCC is effective in purifying both clear and cloudy water, making it suitable for use in a variety of water treatment applications. It is often used in developing countries for household water treatment, as well as in emergency situations, where a reliable and portable water purification solution is needed.
According to statistics from the Centers for Disease Control and Prevention (CDC), around 110 cases of botulism are reported per year in the United States, whereas estimates from the World Health Organization (WHO) imply that there are between 1.3 and 4 million cases of cholera worldwide. This emphasizes how important clean water is for drinking and other leisure activities.
The need for chemicals has increased as a result of the timely cleaning and disinfection of water tanks using Sodium dichloro-s-triazinetrione, which is projected to present several opportunities for market expansion.
Sodium dichloroisocyanurate (NaDCC) in tablet form is a compact, convenient and easy-to-use water purification solution, sterilization, and general disinfection on nearly all objects. The advantage of using NaDCC in tablet form is that it eliminates the need to measure and handle loose powder, making it a safe and effective solution for water purification. Tablets have a long shelf life, making them a suitable option for long-term storage and use.
These tablets function as broad-spectrum, fast-acting sanitizers and water sterilizers, and they are effective and efficient against a wide range of bacteria, viruses, fungi, and protozoa. These pills are helpful for water disinfection and sterilization in a variety of sectors. Sodium Dichloroisocyanurate (NaDCC) maintains a prolonged and consistent supply of Chlorine, which combines with organic matter and the different pathogens present in the water and kills them.
As a result, the demand for Sodium dichloro-s-triazinetrione as a disinfectant and biocide is anticipated to spur market expansion.
North America is the leading Sodium dichloroisocyanurate consumer, holding shares of approximately 40-45% in global revenue in 2023 owing to increasing demand for water treatment chemicals, wool anti-shrinking agents, and fabric bleaching agents. According to the Environmental Protection Agency (EPA), World Health Organisation (WHO), and The United Nations Children’s Fund (UNICEF) NaDCC is safe for usage. The United States and many other countries have listed NaDCC to be used in emergencies for the purpose of drinking water disinfection
Increasing demand from bleaching textiles and agriculture and hospital in the united states and Canada are expected to boost the market during the forecast period.
The Sodium dichloro-s-triazinetrione market was dominated by Asia Pacific with a share of 50-55%, followed by North America and Europe. The market in Asia Pacific is anticipated to grow over the course of the forecast period due to the presence of organic compound manufacturers within this region.
The market for biocides and pesticides in china is expanding as a result of a surge in agriculture as well as water treatment chemicals of high-efficiency special disinfectants for swimming pool and sauna water treatment. Development in the medical infrastructure, and agriculture in Asia-pacific countries increasing the rate of nontoxic disinfectors which positively affects the Sodium dichloroisocyanurate market in China
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To extend regional and global roots, manufacturers have invested in increasing the production capacity of disinfectants and biocides at low prices. The various industrialized applications that Sodium dichloroisocyanurate provides on large scale have pushed market participants to diversify their product offerings.
All such similar development has been tracked by Future Market Insights in its latest market study.
Attribute | Details |
---|---|
Growth Rate | CAGR of 7.2% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US$ Million, Volume in Tons, and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Form, Application, Region |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Central Asia; Russia and Belarus; Balkan and Baltic Countries; Middle East and Africa |
Key Countries Covered | United States, Canada, Brazil, Mexico, Argentina, Rest of Latin America, South Korea, China, Japan, India, Association of South East Asian Countries, Australia and New Zealand, Rest of South Asia and the Pacific, Germany, France, Spain, Italy, BENELUX, Nordics, United Kingdom, Rest of Western Europe, Poland, Hungary, Romania, Czech Republic, Rest of Eastern Europe, Kingdom of Saudi Arabia, Türkiye, Northern Africa, South Africa, Israel, Rest of the Middle East and Africa |
Key Companies Profiled | Ronas Chemical; Occidental Petroleum Corporation; Ouya Chemical; NCBI; Huayi-Chem; Jiheng Chem; Henan GP; Jingwei Disinfection Products; Zeel Products; Innova Corporate; Haihang Industry; Taian Huatian Chemical Co., Ltd.; Filtron Envirotech; Capot Chemical; Acuro Organics Limited |
Customization and Pricing | Available upon Request |
The global market has reported a valuation of US$ 688.5 Million in 2022.
The global market is estimated to reach a valuation of US$ 723.6 Million in 2023.
The global market is estimated to reach a valuation of US$ 1,450.3 Million in 2033.
The global market has exhibited a value CAGR of 5.1% over the last four Years
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