Bleaching Chemical Market is expected to grow at faster pace during 2016-2022
Global Bleaching chemicals Market information- By Type (Chlorine, Chlorine dioxide, Sodium Hypochlorite, Calcium Hypochlorite,Sodium Dichloroisocyanurate and others), By Application (Cosmetic & Personal Care, Textile Industry, Household industry, Food Additive, Pulp Bleaching and others) and Region – Forecast to 2022
Pune, India – October 2, 2017 /MarketersMedia/ —
Synopsis of Bleaching Chemicals Market:
Global Bleaching Chemicals Market is expected to witness a significant growth and bench mark in millions by 2022 with fastest growing CAGR of between 2016 to 2022.
The Bleaching reactions usually involve oxidation or reduction processes that reduce color systems. While oxidation bleach release oxygen molecules which break up the chemical bonds of chromophores. Chromophores cause colors by reflecting a certain portion of the visible spectrum of light. The changed chromophore molecules either reflect no color or a color outside the visible spectrum. This absence of color is seen by our eyes as white. Bleaching Chemicals are oxidizing & reducing agents used for numerous applications cosmetic & personal care, textile industry, household industry, food additive, pulp bleaching, water treatment, carpet industries, Epidemic control, Aquaculture etc.
Sodium Hypochlorite is most widely used in chlorine bleach after that hydrogen peroxide used in oxidation is most popular. Calcium Hypochlorite bleach which is used in sanitizing has large market share in U.S.
Bleaching Chemicals are oxidizing and reducing agents which used for various application such as cosmetic & personal care, textile industry, household industry, food additive, pulp bleaching, water treatment, Epidemic control, and Aquaculture. Chlorine is the basis of all bleaches like sodium hypochlorite, calcium hypochlorite used in form of chlorine. The oxidizing bleaches in common use today are chlorine, chlorine dioxide, hypochlorites, hydrogen peroxide, and sunlight and artificial light.
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Regional Insights:
The Bleaching Chemicals Market in Asia-Pacific is expected witness the biggest market in future. APAC countries like China, India, Malaysia and Thailand are likely to be the high-potential untapped markets due to growth of various application of Bleaching Chemicals. Additionally, continuous economic advancement coupled with constantly increasing manufacturing sector output promises a big market for bleaching chemicals in the APAC region followed by North America and Europe.
China is leading the global textile industry, cosmetic industry and pulp and Bleaching Industry for the past decades and became the largest producer and consumption of textiles industry, cosmetic industry and pulp and bleaching industry. Moreover, with increasing land and labour costs across major developing markets such as China and India, the global textile and garment industry is expected to undergo a swing to South East Asia. Asia is a major exporter of textile and clothing to developed markets, of which emerging Asia accounts for significant contribution. Big business houses that can afford such a strategy retain a production base in China and open another unit in a low cost Asian country. Growth in Cosmetic & personal care, textile industry, household industry, food additive, pulp bleaching, water treatment, Epidemic control, Aquaculture along with other prominent end use industries for Bleaching Chemicals will grow positive demand for bleaching chemicals in the APAC region.
Market Highlights:
Bleaching Chemicals are used in chemical reactions to remove color from the base material on which they are applied or used. The Bleaching Chemicals are oxidizing agents that make the object bright and colorless. The Global Bleaching Chemicals Market is expected to leverage from the demand for bleaching chemicals across various industries such as Cosmetic & personal care, textile industry, household industry, food additive, pulp bleaching, water treatment, Epidemic control, Aquaculture and others.
The Bleaching Chemicals are basically chlorine based & peroxide based. Most widely used bleaching chemicals are chlorine, chlorine dioxide, sodium hypochlorite, calcium hypochlorite, sodium dichloroisocyanurate, hydrogen peroxide, sodium perborate, sulfur dioxide, sodium sulfite, sodium bisulfite, sodium dithionite and sodium borohydride.
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Chlorine, hydrogen peroxide and Sodium dithionite bleaches use in pulp and paper and textile industry. Chlorine also used to keep the water in swimming pools clean and for drinking water disinfection in the water treatment industry. Also hydrogen peroxide used in the cosmetic industry in various places such as hair colouring, face bleaching etc. sodium hypochlorite, calcium hypochlorite, sodium dichloroisocyanurate used in household, sanitizing and dishwashing agents. Sulfur dioxide used as food preservation. Bleaching agents makes the pulp free of impurities and appropriate for paper production. Moreover, bleaching chemicals are used in the textile industry for textile treatment. Hence, growth of the pulp and paper and textile industries is expected to drive the demand for Bleaching Chemicals.
Regional Analysis:
Asia-Pacific is the leading region in world in bleaching chemical market due to increase in demand of textile industry, cosmetic & personal care industry, pulp bleaching in China followed by India and Indonesia. Among all Asia pacific is the leading country among the all countries so as followed by North America & Europe. In Asia-Pacific China, India, Bangladesh and Thailand have high potential markets demands due to extensive growth of end-user industries.
In terms of revenue, Europe and North America were the highest with one third share of the market followed by Asia pacific due to the highest population in this region. The drivers of the market are the consumer’s preferences in-addition bleaching chemicals can be utilized in various application on the other hand the growing industries such as cosmetic & personal care, textile industry, household industry will drive the market in the developing economies.
Geographically, Asia-Pacific region leads the global bleaching chemicals market. China being largest consumer of bleaching chemicals. Growing demand in Cosmetic & personal care, textile industry, household industry, food additive, pulp bleaching, water treatment, Epidemic control, Aquaculture has boosted the bleaching chemicals market demand in China, India, Malaysia and Thailand. North America & Europe have witnessed stagnant growth owing to strict regulations for producing bleaching chemicals.
Key Players:
Key players of the Global Bleaching Chemicals are Akzo Nobel Eka(Netherlands), Neutron Industries (U.S.), Aditya Birla Chemicals(India), Hansol Chemicals(Korea), Kemira Oyj(Europe), State Industrial Products Corporation (U.S.),Hercules and Hercules Inc(U.S.), 3M Company (U.S.), Arrow-Magnolia International, Inc. (U.S.), Ecolab G.K. (Japan), and others.
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