Bleaching Agent Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Form (Powder, Liquid), By Type (Chlorine Bleach, Sodium Hypochlorite, Bleaching powder, Chlorine dioxide, Chlorine gas, Oxygen Bleach, Hydrogen Peroxide, Sodium Perborate, Others), By End-User Industry (Industrial Water Treatment, Textile, Chemical, Pulp and Paper, Electronics, Others) And Geography - Forecasts From 2019 To 2024
- Published : Jul 2021
- Report Code : KSI061612076
- Pages : 115
The bleaching agent market is projected to grow at a CAGR of 5.01% to reach US$1,023.627 million by 2024, from US$763.628 million in 2018.
The bleaching agent is a material that lightens or whitens a substrate through a chemical reaction. In industrial bleaching, either liquid or dry chlorine bleaches are used because of their effectiveness, low cost, and germicidal properties. They are widely used in textiles, water treatment, and the pulp and paper industries as they are cost-effective. The increasing population is leading to an increased demand for clean water. As a result of which, the number of water treatment plants is rising across the globe which is positively influencing the bleaching agent market growth.
This research study examines the current market trends related to demand, supply, and sales, in addition to recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the bleaching agent value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and more efficient understanding of the bleaching agent market.
Major industry players profiled as part of the report are Nouryon, Arkema Group, Hawkins, Inc., Evonik Industries AG, Clariant, BASF SE, and Solvay.
Bleaching Agent Market Scope:
Report Metric | Details |
Market size value in 2018 | US$763.628 million |
Market size value in 2024 | US$1,023.627 million |
Growth Rate | CAGR of 5.01% from 2018 to 2024 |
Base year | 2018 |
Forecast period | 2019–2024 |
Forecast Unit (Value) | USD Million |
Segments covered | Form, Type, End-User Industry, And Geography |
Regions covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies covered | Nouryon, Arkema Group, Hawkins, Inc, Evonik Industries AG, Clariant, Solvay, BASF SE |
Customization scope | Free report customization with purchase |
Segmentation
The bleaching agent market has been analyzed through the following segments:
By Form
Powder
Liquid
By Type
Chlorine Bleach
Sodium Hypochlorite
Bleaching powder
Chlorine dioxide
Chlorine gas
Oxygen Bleach
Hydrogen Peroxide
Sodium Perborate
Others
Others
By End-User Industry
Industrial Water Treatment
Textile
Chemical
Pulp and Paper
Electronics
Others
By Geography
North America
USA
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
India
Others
Frequently Asked Questions (FAQs)
The bleaching agent market is projected to reach a market size of US$1,023.627 million in 2024.
The global bleaching agent market is projected to grow at a CAGR of 5.01% during the forecast period.
Bleaching Agent Market was valued at US$763.628 million in 2018.
The number of water treatment plants is rising across the globe which is positively influencing the bleaching agent market growth.
Major industry players profiled as part of the bleaching agent market report are Nouryon, Arkema Group, Hawkins, Inc., Evonik Industries AG, Clariant, BASF SE, and Solvay.
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