Specialty Oxidants Market – Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2023
Global Specialty Oxidants Market – By Type (Sodium Chlorate, Hydrogen Peroxide, and others), By Application (Defoliant, Bleaching, Propulsion), By End Use Industries and By Region- Forecast Till 2023
Pune, India – September 20, 2017 /MarketersMedia/ —
Market Highlight
Specialty Oxidants such as sodium chlorate and hydrogen peroxide are strong oxidizing agents, and are employed predominantly to oxidize organic and inorganic compounds. Specialty oxidants are used for an array of application across a broad spectrum of industries including textiles, paper & pulp, health care & personal care. Sodium chlorate is also used as an oxidant in chemical synthesis; in the mining industry for the extraction of vanadium and uranium. Additionally, hydrogen peroxide is used as a raw material for the production of propylene oxide and is widely acceptable in hydrogen propylene oxide (HPPO) process.
Increasing awareness regarding HPPO process is expected to drive the global specialty oxidant market in the next few years. Rising demand from end use industry such as paper & pulp for specialty oxidant, where hydrogen peroxide find usage in de-inking and bleaching of the paper and pulp, is expected to boost the market growth.
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Key Players
• Akzo Nobel N.V (the Netherlands),
• Aditya Birla Chemicals (India),
• Gujarat Alkalies and Chemicals Ltd (India),
• Evonik (Germany),
• Arkema Group (France),
• MITSUBISHI GAS CHEMICAL COMPANY, INC (Japan),
• Solvay (Belgium)
• others.
Segmentation
The global specialty oxidants market is segmented on the basis of type, application, end use industries, and regions.
On the basis of type, the market is segmented into sodium chlorate, hydrogen peroxide, and others. Based on the application, the market is segmented into defoliant, bleaching, propulsion, cleaning & extraction, and others. Bleaching based segment is the largest segment as compared to other applications.
On the basis of end use industries, the market is categorized into healthcare & personal care, wastewater & water treatment, food processing, pulp & paper, textile, and others.
On the basis of regions, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Specialty Oxidants Market Research Report- Forecast till 2023”
Specialty Oxidants such as sodium chlorate and hydrogen peroxide are strong oxidizing agents, and are employed predominantly to oxidize organic and inorganic compounds. Specialty oxidants are used for an array of application across a broad spectrum of industries including textiles, paper & pulp, health care & personal care. Sodium chlorate is also used as an oxidant in chemical synthesis; in the mining industry for the extraction of vanadium and uranium. Additionally, hydrogen peroxide is used as a raw material for the production of propylene oxide and is widely acceptable in hydrogen propylene oxide (HPPO) process.
Increasing awareness regarding HPPO process is expected to drive the global specialty oxidant market in the next few years. Rising demand from end use industry such as paper & pulp for specialty oxidant, where hydrogen peroxide find usage in de-inking and bleaching of the paper and pulp, is expected to boost the market growth. This growth will be supported by increasing demand for paper and paper products across the institutional sector coupled with growing demand of flexible packaging material in the packaging industry. However, growth of electronic media and digitalization of information in the recent years might hinder the paper & pulp market to an extent, which in turn may affect the specialty oxidant market growth.
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