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Bleaching Chemicals Market Growth Opportunities and Competitive Scenario 2030

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MRFR Research
Bleaching Chemicals Market  Growth Opportunities and Competitive Scenario 2030

Bleaching chemicals are characterized by their particle bleaching property, reactivity, selectivity, efficiency, and weight. Prominent chemicals include sodium hydroxide, sodium hypochlorite, hydrogen peroxide, chlorine, chlorine dioxide, and others. The global bleaching chemicals market report contains an enumerative list of drivers, trends, challenges, and opportunities for the period of 2015 to 2022 (forecast period).

Market Scope

The strong market growth of the Bleaching Chemicals Market is studied and profiled in the latest research report from Market Research Future (MRFR). The global bleaching chemicals market is studied in detail in the report, which presents a detailed picture of the global market using a comprehensive analysis of the market’s past growth trajectory. The market’s past growth figures are analyzed in the report, which also contains an analysis of the market’s leading drivers and restraints and key players.

Bleaching Chemicals Market are widely used for personal care and cosmetic applications, bleaching textiles and fibers, and bleaching wood pulp for paper manufacturing. The growing demand for bleaching chemicals from personal care and cosmetic applications has been a major driver for the global bleaching chemicals market over the forecast period. With the growing disposable income of consumers in developing parts of the world has come a growing demand for skin whitening fairness creams and lotions. This field of the cosmetics industry has sprouted up at a strong growth rate over the last few years, as customers have become keener on bleaching creams and lotions in order to maintain a lighter skin tone, which is often perceived as being more beautiful. Manufacturers of personal care creams and skin lightening lotions have caught on to this trend, and have made efforts to make the most of the FMCG product boom in Southeast Asia, Africa, the Middle East, and other developing regions. This is likely to remain a major driver for the global bleaching chemicals market over the forecast period.

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The growing demand for bleaching chemicals in the paper and wood pulp industry has also grown in the last few years due to the growing demand for premium quality paper with a high degree of bleaching. This has been a prominent factor for the paper industry due to the growing number of high-class establishments desiring to acquire properties and accessories that showcase their status. This is also likely to be a major driver for the global bleaching chemicals market over the forecast period. The textiles industry is also likely to be a key end user for the bleaching chemicals market over the forecast period.

Competition Outlook

Aditya Birla Chemicals

Kemira Oyj

Arrow-Magnolia International

Inc.

Ecolab G.K.

Akzo Nobel Eka

State Industrial Products Corporation

Neutron Industries

3M Company

Hansol Chemicals

and Hercules and Hercules Inc

Segmentation

The global bleaching chemicals market is segmented by type and application.

By type, the market is segmented into sodium dichloroisocyanurate, sodium hypochlorite, chlorine, chlorine dioxide, calcium hypochlorite, and others. Sodium hypochlorite and calcium hypochlorite have captured major market shares in 2014. Water treatment procedures done by major corporations for ensuring the safety of water is likely to induce heavy demand in the market.

Major applications include textile industry, cosmetic & personal care, household industry, food additive, pulp bleaching, and others. The household industry is likely to be the biggest application of the global market owing to its use as a cleaning agent. In addition, the food additive application can bode well for the global bleaching chemicals market growth owing to the use in bread and flour-based items. Demand for bread amid the growing global population can positively impact the segment growth. Hydrogen peroxide is one of the biggest agents used in flour, starches, bakery foods, gums, natural sugars, natural oils, and waxes.

Regional Analysis

The global bleaching chemicals market has been studied in four regions—North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

Europe is expected to lead the global market owing to investments in water treatment facilities. The scarcity of water amid its larger use among industries can drive the market demand in the region. While the APAC region can account for a larger share of the market owing to India, China, and Japan.

 

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