Global Sodium Hypochlorite Market Trends, Applications, Analysis, Growth, and Forecast to 2027
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MarketResearch.biz delivers in-depth insights on the global sodium hypochlorite market in its upcoming report titled, “Global Sodium Hypochlorite Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global sodium hypochlorite market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017 to 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 sodium hypochlorite market has been segmented on the basis of function, end user, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Sodium hypochlorite (NaOCl), also known as bleach is a pale greenish-yellow color diluted solution. Sodium hypochlorite (NaOCl) is an unstable, and highly corrosive solution with a pungent odor. It is used as an oxidizer, bleaching agent or as a disinfectant. It is mainly used in water treatment industry, for removal of fouling smell from water, and also as water disinfectant and surface purifier.
Increasing demand for sodium hypochlorite from water treatment industry is a major factor propelling growth of the global sodium hypochlorite market. In addition, increasing adoption of sodium hypochlorite for medical and household purposes is another factor expected to further fuel growth of the target market in the near future. Furthermore, rising use of sodium hypochlorite as an oxidizing agent in chemical industry is further expected to support growth of the target market in the near future.
However, stringent government regulations on use of sodium hypochlorite is a major factor hampering growth of the global sodium hypochlorite market to a certain extent over the forecast period.
Currently, the market in Asia Pacific accounts for highest market share in the global sodium hypochlorite market in terms of revenue and is expected to witness highest growth in terms of revenue over the forecast period. This growth can be attributed to rising demand for sodium hypochlorite in water treatment plants and in agricultural sector in countries in the region. The market in North America and Europe is also expected to register significant growth over the forecast period, owing to rising demand for sodium hypochlorite from various industries such as pharmaceutical and healthcare. The market in Latin America and Middle East & Africa is expected to register moderate growth during the forecast period.
Global Sodium Hypochlorite Market Segmentation:
Segmentation on the basis of function:
- Odor removal
- Water disinfection
Segmentation on the basis of end user:
- Water Treatment
- Others (pharmaceutical, textiles, healthcare and domestic)
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Odyssey Manufacturing Co.
- AGC Inc.
- Sunbelt Chemical Corp
- Orica Watercare
- Shanghai Polymet Commodities Ltd.
- Solvay Chemicals, Inc.
- Akzo Nobel N.V.
- BASF SE
- Olin Corporation
- Arkema Inc.
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