Global Bleaching Agent Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global bleaching agent market in its upcoming report titled, “Global Bleaching Agent Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global bleaching agent market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bleaching agent market report has been segmented on the basis of product type, application, and region.

Bleaching agents are compounds used for blanching, whitening or make a substance colorless mainly in the textile industry through chemical reaction. The bleaching reaction usually involves oxidative or reductive processes that degrade color system. Bleaching agents are also effective disinfectants, and often used for water disinfection. Hydrogen peroxide is most common bleaching agent used in healthcare sector. There are two kinds of bleaching agent, namely, oxygen-based bleaching agents and chlorine-based bleaching agents.

Increasing adoption of bleaching agents by textile industry is a major factor driving growth of the global bleaching agent market. In addition, demand for bleaching agents from various other sectors such as healthcare, water treatment, pulp & paper, etc., is expected to further drive growth of the global bleaching agent market.

However, stringent government regulations related to use of bleaching due to side effects on health such as permanent skin bleaching, thinning of skin, uneven color loss, etc. is expected to restrain growth of the global belching agent market.

Use of an alternative such as Kydia Calycina Fibre extracts to produce eco-friendly bleaching agent instead of Hydrogen Peroxide for whitening purpose is expected to create opportunities for manufacturers operating in the global bleaching agent market in the next 5 years.

The market in Asia Pacific is expected to witness highest share in terms of revenue, owing to increasing use of bleaching agent in pulp industry, and textile industry. Countries such as India, China, Japan, Indonesia, Russia are expected to contribute major market share to global bleaching agent market in terms of volume consumption. This can be attributed to use of bleaching agent in water treatment plant, use of hydrogen peroxide in healthcare sector, and presence of small and medium size manufacturer in this region. Markets in North America and Europe are expected to witness steady growth, owing to introduction of various regulations on use of bleaching agent in manufacturing of various products.

Global Bleaching Agent Market Segmentation:

By Product Type:

• Chlorine Based
• Peroxide Based
• Others

By Application:

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

By Region:

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