The global trichloroisocyanuric acid market size is estimated to reach USD 2,141.1 million in 2024 and is projected to reach USD 3,622.8 million by 2034. The market is anticipated to record a CAGR of 5.4% in the projected period.
The uses of trichloroisocyanuric acid (TCCA) in aquaculture, agriculture, and water treatment are anticipated to propel the demand for TCCA to substantial expansion. With new residential and commercial projects, TCCA's application in bactericides, algaecide, and swimming pools is envisioned to develop.
In addition, it is well known to function as a bleaching agent, disinfectant for industrial use, and a reagent. Sales are likely to grow owing to necessity for effective disinfection and sanitization practices, cognizance of diseases transmitted by water, and in order to satisfy the high demand for clean and safe water in many sectors.
The growth of cities and industries will enhance concerns related to pollution of water and the introduction of TCCA based sanitizing agents into the market will therefore be inevitable. However, growing disposable income along with that of TCCA based sanitizers will also be due to an expansion in the swimming pool and spa industry. Sales are boosted by TCCA's stability and extended shelf life, which make it a dependable option for long-term storage and use.
Whereas in the anticipated period of 2024 to 2034, the proliferation of regulations and the accessibility of product replacements would probably serve as market barriers to the TCCA market's expansion. The main obstacles to the market's expansion will be lower product consumption and restricted native policy.
Because of its increased applications in aquaculture, agriculture, and water management, the TCCA market is anticipated to register considerable growth. Advancements in technology in manufacturing industries have enhanced the ability of manufacturers to increase the quality and quantity of goods produced as well as reduce their costs and adverse impacts on the environment.
| Attributes | Description |
|---|---|
| Estimated Global Market Size (2024E) | USD 2,141.1 million |
| Projected Global Market Value (2034F) | USD 3,622.8 million |
| Value-based CAGR (2024 to 2034) | 5.4% |
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The table provided shows the growth of the sector for each half-year between 2023 and 2024. The market was projected to grow at a CAGR of 4.9% in the first half (H1) of 2023. However, in the second half (H2), there is a noticeable increase in the growth rate.
| Particular | Value CAGR |
|---|---|
| H1 | 4.9% (2023 to 2033) |
| H2 | 5.4% (2023 to 2033) |
| H1 | 5.1% (2024 to 2034) |
| H2 | 5.6% (2024 to 2034) |
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected as 5.1% in the first half and grow to 5.6% in the second half. In the first half (H1) and second half (H2), the market witnessed an increase of 20 BPS each.
Agriculture Industry Cultivates the Demand for TCCA
In recent years, the trichloroisocyanuric acid (TCCA) market has been witnessing a remarkable return owing to the increasing popularity of organic farming. For instance, TCCA finds use in seed and soil treatment, plant protection, and pest control, and is a suitable substitute for chemical disinfectants.
As TCCA finds application in treating seeds and soil, it helps in combating soil-borne diseases and pests which in turn is important for the growth of crops. Consequently, there is an increase in the production of crops, which leads to minimal crop damage, making it a necessary implement for farmers. TCCA is also effective in treating many other forms of plant infections such as mildew, rot, or wilt, proving to be more advantageous in agriculture.
Irrigation system disinfection is performed with TCCA allowing controlling of microorganisms and infection dissemination thus enhancing the crop productivity. The sales of TCCA-based chemicals are increasing due to their growing significance in sustainable agriculture, with the market's growth rate anticipated to continue rising as more farmers adopt organic methods.
Development of Water Treatment Industry
The trichloroisocyanuric acid (TCCA) market continues to develop increasingly owing to the quest for a clean and safe water supply. TCCA is a powerful water treatment disinfectant that works by destroying bacteria, viruses, and algae in water. As society becomes more aware of the importance of clean water, the popularity of TCCA is increasing among local water suppliers who must provide treated water without impurities.
Countries are developing rapidly and population levels are high, which is putting pressure on the existing water resources, thereby calling for new and improved water treatment approaches that are cost and time-effective. For this reason, TCCA is considered a cheaper than any other alternative when it comes to the treatment of water in large-scale water treatment plants.
The sales of TCCA-containing water treatment chemical compounds are increasing within the global water treatments market illustrating their significance in protecting the water from pollution and keeping the quality of water. Given the growth of urban populations and the increasing need for effective treatment, the TCCA market is likely to grow even more, affirming its significance globally.
Emergence of Alternative Water Treatment Methods Limits the Market
The industry is facing competition from alternative water treatment methods like UV disinfection, ozonation, and electrolysis, which are gaining popularity due to their eco-friendliness and reduced reliance on chemicals. This could impact the demand for TCCA in certain applications and potentially hinder growth.
TCCA's corrosive and potentially hazardous nature necessitates proper safety precautions, leading to increased scrutiny and regulations. Chlorine and NCl3 emissions, caused by trichlor production, have caused severe fire accidents and explosions. Such aspects could influence growth by influencing the adoption of alternative disinfection methods or necessitating additional safety measures.
Principal Consultant
The global trichloroisocyanuric acid industry was valued at USD 1,889.9 million in 2019. Market is estimated to exhibit a CAGR of 2.1% from 2019 to 2023. Industry attained a value of USD 2,052.7 million in 2023.
Production and distribution of trichloroisocyanuric acid (TCCA) have fluctuated due to the global pandemic. At first, delays in the production process and supply chain led to a slowdown. Nonetheless, the pandemic caused a spike in demand for sanitizers and disinfectants, which briefly boosted the TCCA market.
The demand for TCCA-based goods in sectors including healthcare, hospitality, and municipal water treatment surged because of the pandemic's enhanced awareness of sanitation and hygiene.
The industry is projected to reach USD 2,141.1 million by 2024 and is anticipated to report a CAGR of 5.4% during the assessment period. It is predicted to reach USD 3,622.8 million by 2034.
The chemical industry has been damaged by the Russian invasion of Ukraine in 2023 and the ongoing conflict between Russia and Ukraine, especially the demand for trichloroisocyanuric acid (TCCA). Global energy prices fluctuated because of the conflict, which had an impact on the cost of production and logistics.
Plans for investment and development may be impacted by the conflict's uncertainty, which might hinder the TCCA market's growth. The dynamics of global commerce may have changed because of companies' increased caution in their operations and attempts to reduce risks by diversifying their supply chains and looking for suppliers outside of crisis zones.
Tier 1 firms are market leaders are distinguished by their extensive product portfolio and high manufacturing capability. With a product revenue from the global market above USD 20 million, Tier 1 manufacturers make up 30 to 35% of the industry. The industry titans stand out for having a wide geographic reach, a strong customer base, and substantial experience in delivering diverse range of products.
Prominent companies within tier 1 include Ercros SA, Occidental Petroleum Corp., Hebei Jiheng Chemical Co., Ltd., China Petroleum & Chemical Corp (Sinopec Corporation), and Solenis.
Tier 2 companies are mid-size players with a revenue under USD 20 million. They have good services and regulatory compliance, but may not have progressive technology or a wide global reach.
Tier-2 and others manufacturers such as, Zhengzhou Mahaco Industrial Co., Ltd. (M.H.C), Zhucheng Taisheng Chemical Co., Ltd., Tokyo Chemical Industry Co. Ltd., Heze Huayi Chemical Co., Ltd., Taian Huatian Chemical Co., Ltd., Juancheng Kangtai Chemical Co., Ltd., Zeel Product and other players are projected to account for 65 to 70% of the market.
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The section provides a comprehensive industry overview, examining emerging trends and opportunities on a country-by-country basis, aiming to help organizations comprehend the intricate nature of the business.
| Countries | CAGR 2024 to 2034 |
|---|---|
| India | 8% |
| China | 7% |
| ASEAN | 6.6% |
| Italy | 5.6% |
| Japan | 5.2% |
India's increasing need for clean water to fight illnesses from contaminated sources is driving the country's rise to prominence in the TCCA industry. The use of TCCA for water treatment has significantly increased because of the nation's emphasis on raising public health standards.
Leading such industrial development are well-known Indian businesses like Aditya Birla Chemicals, Gujarat Alkalies and Chemicals Limited, and AquaChem Industries, which are developing to satisfy the rising need for effective water treatment solutions.
The demand for TCCA in India is projected to record a CAGR of 8%, reflecting the country’s commitment to enhancing water safety and public health. Due to rising urbanization and industrial activity, which need for dependable and affordable water treatment techniques, as well as the efforts of top local businesses to offer high-quality solutions, the demand for TCCA in India is anticipated to rise in the forthcoming period.
China is anticipated to lead the global TCCA industry with an anticipated CAGR of 7% by 2034. The surge can be attributed to the upsurge in the volume of clean and processed water sought by the people of China to avoid waterborne diseases.
The awareness of the health implications of drinking unsafe water has led to a growing need for efficient water treatment systems. Some of the leading regional companies, including Zeel Product, ICL Industrial Products, and Ercros S.A., are working hard to develop new products and technologies to comply with Environmental Protection Agency regulations on effluent treatment and water quality.
Local brands like Liaocheng City Zhonglian and China Salt Changzhou Chemical are also contributing to the market's growth by providing cost-effective and efficient TCCA formulations. This trend highlights the pivotal role of TCCA in safeguarding public health and the market's robust growth trajectory.
According to forecasts, the TCCA sector in Japan is envisioned to generate a CAGR of 5.2% from 2024 to 2034 on account of the need for more efficient water treatment solutions and the health concerns of the people.
Prominent Japanese manufacturers such as Nippon Soda, Tosoh, and Mitsubishi Chemical have focused on creating stable and efficient TCCA formulations showing the demand for water treatment methods developed due to urbanization and industrialization.
TCCA is essential in ensuring water safety because of its ability to eradicate bacteria, viruses, and algae. The booming TCCA sector in Japan is a clear reflection of the importance of TCCA in maintaining the health of the general population.
The section explains the growth trajectories of the two leading segments. In terms of form, the granular form will likely dominate and generate a share of around 43.8% in 2024. Additionally, based on the end user industry, around 51.1% of the TCCA used for water and wastewater treatment.
| Segment | Granular (Form) |
|---|---|
| Value Share (2024) | 43.8% |
With a predicted 43.8% market share, the granular category is likely to impact the trichloroisocyanuric acid industry in 2024. TCCA granular provides a controlled dosage of chlorine-based disinfectant, ensuring consistent and sustained disinfection in water treatment applications. They dissolve slowly, releasing chlorine gradually over time, making it easier to maintain desired levels.
These granular are compact and easy to handle, available in standardized sizes, and can be transported, stored, and distributed easily. They can be used in various water treatment applications, such as swimming pools, spas, and specialized feeders or dispensers.
Their versatility allows for efficient and precise application in different settings, ensuring effective disinfection and sanitization. TCCA granular offer a versatile solution for water treatment applications.
| Segment | Water and Wastewater Treatment (End Use Industry) |
|---|---|
| Value Share (2024) | 51.1% |
The trend influencing the growth of TCCA in water and wastewater treatment is envisioned to attain a share of 51.1% in 2024. Trichloroisocyanuric acid is a common water disinfecting agent and sanitizer that is used in many places including municipal wastewater treatment.
It has the property of slow dissolution which ensures a consistent release of Chlorine assuring disinfection and quality of water. TCCA is incorporated into the wastewater treatment operations to treat the water for discharge into the environment.
Recent years have seen a rise in the number of swimming pools being built, hence a growing need for TCCA because of its use in controlling disease-causing pathogens including bacteria, viruses, and algae. Available in tablets, granules, or powder, trichlor is a chemical that is an essential part of free chlorine and pool stabilizers due to its chemical nature and reactions in water.
A small number of prominent companies control a sizable portion of the fragmented worldwide market for trichloroisocyanuric acid. To keep up with the growing demand, medium- and small-scale Chinese companies are proactively augmenting their manufacturing capabilities.
To increase product options and efficiency, they are spending money on research and development. Their position in the market is strengthened by this strategic approach.
In order to get a competitive edge over competing products, key businesses concentrate on creating customized solutions that satisfy the particular needs of top-end consumers. By funding these initiatives, they want to satisfy the market's increasing needs and hold onto their market share.
Industry Updates
In terms of form, the industry is divided into, powder, granular, and tablet form.
On the basis of application, the industry is categorized into bleaching agent, disinfectant, algaecide and bactericide, sericulture and aquaculture, and others.
The industry is distributed into water & waste water treatment, food, sports & recreation, textile, dye industry, agriculture, and others, based on the end users.
The industry is spread across North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, the Middle East and Africa.
The market is predicted to reach USD 2,141.1 million in 2024.
It is estimated to reach USD 3,622.8 million by 2034.
TCCA is a flammable, toxic substance used in pools, disinfectants, bleach, wool treatment, and more.
Ercros SA, Occidental Petroleum Corp., Hebei Jiheng Chemical Co., Ltd., China Petroleum & Chemical Corp (Sinopec Corporation), Solenis are a few players.
It will likely rise at a CAGR of 5.4% from 2024 to 2034.
India is anticipated to dominate with a CAGR of 8% during the forecast period.
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Trichloroisocyanuric Acid Market
