Bleaching Agent Market

Bleaching Agent Market was valued US$ 60.89 Bn in 2017 and is forecasted to reach US$ 92.64 Bn by 2026 at a CAGR of 5.39 %.

Increasing bleaching activities in various sectors such as pulp & paper, textile, construction, etc. and rapidly rising water purification practice is expected to drive the bleaching agent’s market. Bleaching agents are extensively used in removing stains from clothes or makes them color-less. Health issues related to the bleaching agents such as damage to skin, eye, lung and stringent government regulations related to product usage in various countries may restrict the global bleaching market. Increasing market shift toward soft bleaching agent, significant research on bio degradable bleaching agents and rising applications in oil and gas industry offers a promising opportunity to market.

Global Bleaching Agent Market

Chlorine segment held the major market share due to its large scale use to produce calcium and sodium hypochlorite which is used largely as a disinfectant in wastewater treatment, especially in drinking water and in swimming pool. Peroxide based is the second largest product segment in bleaching agent market. Peroxide based bleaching agents find its major application in pulp and paper, textile, waste water treatment, food industry, mining industry, pharmaceuticals & cosmetics and electronics industry.

Water purification is a major application segment in bleaching agent market. Bleaching agents like sodium and calcium hypochlorite, is utilized for purification of water will exhibit healthy growth rate with the rising health consciousness and the increasing awareness of the importance of safe drinking water. Paper & pulp is the second largest application segment of bleaching agents market. Bleaching agent is used chemical processing of wood pulp to lighten pulp color and whiten the pulp.

North America region gives a significant contribution in a revenue share for bleaching agents industry owing to high chlorine based bleaching agent consumption. Moreover, rising government investments in waste water treatment plants will also drive the industry in the forecast. Furthermore, rising water contamination from the industrial activities mainly in China and India has propelled bleaching agents demand for waste water treatment, which will have positive impact on the bleaching agent’s market size during the forecast period.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding bleaching agents market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on a competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in bleaching agents market.

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Scope of the Global Bleaching Agent Market

Global Bleaching Agent Market, by Product:

  • Chlorine Based
  • Peroxide Based
  • Reducing Agent
  • Other

Global Bleaching Agent Market, by Application:

  • Pulp & Paper
  • Textile
  • Construction
  • Electrical & Electronics
  • Homecare
  • Healthcare
  • Other

Global Bleaching Agent Market, by Region:

  • North America
  • South America
  • Asia Pacific
  • Europe
  • Middle East & Africa

Key Player analyzed in Global Bleaching Agent Market:

  • Aditya Birla Chemicals
  • AkzoNobel
  • Arkema
  • Ashland
  • BASF
  • Christeyns
  • Clariant
  • Colgate-Palmolive Company
  • Dow Chemicals
  • DuPont
  • Evonik
  • Hawkins, Inc
  • Kemira
  • Merck
  • Mitsubishi Gas Chemical Company
  • Novozymes
  • Shandong Huatai Interox Chemical
  • Solvay
  • Spartan Chemical Company
  • The Clorox Company
  • The Procter & Gamble Company

This Report Is Submitted By @ Maximize Market Research Company

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