ID: MRFR/CnM/1862-HCR | 135 Pages | Author: Chitranshi Jaiswal | March 2024
Bleaching chemicals market is expected to grow CAGR 6.30% during the forecast period. Bleaching Chemicals are generally known as those chemicals that are commonly utilized in chemical reactions associated with eliminating color from the base material, to which they are used or applied. They are essentially the oxidizing agents utilized to terminate the color and the chemical properties and physical attributes of the substrate, and they will make them light and colorless. Additionally, bleaching chemicals found application hugely in the paper & pulp industry, household cleaning, textile industry & water treatment, and to a further extent even in the field of cosmetics.
Bleaching chemicals could be widely classified into three groups those are chlorine-based, miscellaneous bleaching chemicals, and peroxide-based. Chlorine-based bleaches are present in many applications of household cleaners. They are usually used as detergents, soap disinfectants in water, especially to make hard water into drinking water, and are popularly used in large swimming pools. Hence, increasing demand and gradual growth in the industries of water treatment are anticipated to raise the growth in the market of bleaching chemicals. The rising need in the textile industry is also expected to drive the demand for bleaching chemicals.
Key Players
Key players of the Global Bleaching Chemicals are Akzo Nobel Eka(Netherlands), Neutron Industries (U.S.), Aditya Birla Chemicals(India), Hansol Chemicals(Korea), Kemira Oyj(Europe), State Industrial Products Corporation (U.S.),Hercules and Hercules Inc(U.S.), 3M Company (U.S.), Arrow-Magnolia International, Inc. (U.S.), Ecolab G.K. (Japan), and others.
Regional Analysis
Geographically, Asia-Pacific region leads the global bleaching chemicals market. China being largest consumer of bleaching chemicals. Growing demand in Cosmetic & personal care, textile industry, household industry, food additive, pulp bleaching, water treatment, Epidemic control, Aquaculture has boosted the bleaching chemicals market demand in China, India, Malaysia and Thailand. North America & Europe have witnessed stagnant growth owing to strict regulations for producing bleaching chemicals.Recent Development
In recent times, One1Star Solutions introduce its highly advanced & modern technical and excessive-performance Tetraacetylethylenediamine, a reliable and sophisticated solution used to disinfect and clean in various industries.
One1Star Solutions is a registered firm that got a patent for Tetraacetylethylenediamine, with the ingredient used for common applications such as bleach activators, particularly in the detergent sector.
In the year 2022, Dark and Lovely, a distinguished hair coloring brand for women especially for the primary audience, the firm likely to launch a new product called Uplift Bleach Kit. This product is developed exclusively for the brightest shades of blonde & boldest and offers a next-generation with an advanced formula created with a unique technique that creates fashioned hair, devoid the damage.Geographic Analysis
The report covers brief analysis of geographical region such as:
North America
Europe
APAC
RoW
Study Objectives of Bleaching Chemicals Market:
Intended Audience
Report Attribute/Metric | Details |
---|---|
Market Size | 2030: Significant Value |
CAGR | 6.30% |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Historical Data | 2019 & 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, Application and End-Use |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Akzo Nobel Eka(Netherlands), Neutron Industries (U.S.), Aditya Birla Chemicals(India), Hansol Chemicals(Korea), Kemira Oyj(Europe), State Industrial Products Corporation (U.S.),Hercules and Hercules Inc(U.S.), 3M Company (U.S.), Arrow-Magnolia International, Inc. (U.S.), Ecolab G.K. (Japan) |
Key Market Opportunities | The bleaching reactions usually involve oxidation or reduction processes that reduce color systems. |
Key Market Drivers | Growth in Water Treatment IndustriesGrowth in Textile Industry |
Bleaching chemicals have an extensive range of applications including aquaculture, epidemic control, carpet industries, pulp bleaching, water treatment, food additive, household industry, textile industry, and cosmetic & personal care.
APAC region is predicted to have maximum share in the bleaching chemicals market during the forecast period.
The different types of bleaching chemicals include sodium dichloroisocyanurate, calcium hypochlorite, sodium hypochlorite, chlorine dioxide, and chlorine.
The paper and pulp industry is the largest user of bleaching chemicals.
Heath issues such as damage to eyes and skin may hamper the bleaching chemicals market growth during the forecast period.
Key Questions Answered
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