MarketResearch.biz announces publication of its most recently generated research report titled, “Global Calcium Hypochlorite Industry Market by Production Process (Calcium Process & Sodium Process), By Application (Water Treatment, Bleaching & Others), and Region – Global Forecast to 2028.”, which offers a holistic view of the global calcium hypochlorite industry market through systematic segmentation that covers every aspect of the target market. The first five-year cumulative revenue (2020–2024) is projected to be over US$ 3.2 Bn, which is estimated to increase moderately over the latter part of the five-year forecast period.
Calcium hypochlorite is an inorganic compound with the molecular formula Ca(ClO)₂. The chemical is mainly used for water sanitation, as well as disinfectant and bleach. Hygiene is very important to prevent water-borne diseases such as typhoid fever and cholera. It is a white solid, added to the swimming pool in the form of granules or tablets for disinfection. In addition to water treatment, the calcium hypochlorite is used in kitchen to disinfect surfaces and equipment. Other common uses include bathroom cleaners, household disinfectant sprays, algaecides, herbicides, and laundry detergents.
Global Calcium Hypochlorite Industry Market: Market Dynamics
The increasing consumption of calcium hypochlorite in disinfection of water & wastewater treatment plants and sewage to provide the public with clean drinking water is a major factor driving growth of the global calcium hypochlorite market. In order to prevent the spread of water-borne diseases such as cholera and typhoid fever among the population, the demand for disinfection and disinfection of public swimming pools is increasing, which is expected to be among some of the other factors that promotes growth of the target market. The advantages of calcium hypochlorite over its alternatives (such as sodium hypochlorite) and other disinfectants (such as higher chlorine content and relatively high stability) is another factor expected to proliferate the global calcium hypochlorite market growth.
High cost of product and availability of substitutes are factors expected to restrain growth of the target market. Excessive exposure to calcium hypochlorite can cause various health issues, including irritation in the eyes, lungs, and skin. It may also cause medical emergencies, such as pulmonary edema, which is expected to hinder the global calcium hypochlorite market growth to some extent.
Due to the government’s active measures for the development of manufacturing coupled with, the rapid industrialization in various economies, especially developing economies such as India, China, Brazil, etc. is expected to offer potential market opportunities for prominent calcium hypochlorite manufacturers.
Global Calcium Hypochlorite Industry Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global calcium hypochlorite industry market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global calcium hypochlorite industry market is estimated to expand at a moderate CAGR of 1.8% during the forecast period.
Global Calcium Hypochlorite Industry Market: Segmental Snapshot
The market report has been segmented on the basis of production process, application, and region. The production process segment includes calcium process & sodium process. The application segment includes water treatment, bleaching, and others. The region covered in the analysis are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By production process: The sodium process segment is expected to register a CAGR of over 2.0%, thereby accounting for highest revenue share among the production process segments.
By application: The water treatment segment is expected to register a CAGR of over 2.1% over the forecast period, thereby accounting for highest revenue share among the application segments.
By region: The market in APAC accounted for highest revenue share in the global calcium hypochlorite industry market in 2020, and is estimated to register a CAGR of over 2.5% between 2019 and 2028.
Global Calcium Hypochlorite Industry Market: Competitive Analysis
The research report on the global calcium hypochlorite industry market includes profiles of major companies such as Sinopec (China Petrochemical Corporation), Tosoh Corporation, Nippon Soda Co., Ltd, Westlake Chemical Corporation, Sree Rayalaseema Hi-Strength Hypo Limited, Tianjin Kaifeng Chemical Co., Ltd, Grasim Industries Limited (Aditya Birla), Organic Industries Private Limited, Solvay SA (Solvay Chemicals).
The Global Calcium Hypochlorite Industry Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2019–2028 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global Calcium Hypochlorite Industry Market for 2019–2028.
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