The latest report by IMARC Group, titled “Bleaching Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global bleaching agents market reached a value of US$ 801.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1031.4 Million by 2027, exhibiting at a CAGR of 4.1% during 2022-2027.
Bleaching Agents Market Overview:
Bleaching agents are chemical products used domestically or industrially to remove the color from various materials. They are of numerous kinds, including hydrogen peroxide, chlorine dioxide, ascorbic acid, acetone peroxide, azodicarbonamide, etc. Bleaching agents are mainly available in the liquid form as sodium hypochlorite and the powdered form as calcium hypochlorite. They are commonly utilized in households to remove stains and whiten clothes or as disinfectants in surface cleaners and laundry detergents. As a result, bleaching agents find widespread applications across several sectors, such as construction, paper, electrical, healthcare, water treatment, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The escalating product utilization in the textile and paper industries is primarily driving the bleaching agents market. Besides this, the elevating requirement for these agents in the food and beverage (F&B) sector for the preparation, structuring, and elasticity of bakery dough and as additives to decolor the yellowish appearance of the raw mill flour is further augmenting the market growth.
Apart from this, the growing demand for bleaching agents in sanitizing swimming pools and in purifying water to make it suitable for drinking is also catalyzing the global market. Moreover, the introduction of chlorine-free or green product variants with low chemical residues and reduced emission levels is acting as another significant growth-inducing factor. Furthermore, the rising popularity of these agents across the beauty and cosmetics sector in teeth whitening products and hair dyes is expected to propel the bleaching agents market in the coming years.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Aditya Birla Chemicals
- Hawkins, Inc.
- Siemer Milling
- Supraveni Chemicals
- Spectrum Chemicals
- Gujarat Alkalies and Chemicals
- The Procter & Gamble Company
- The Clorox Company
Key Market Segmentation Breakup by:
- Hydrogen Peroxide
- Ascorbic Acid
- Acetone Peroxide
- Chlorine Dioxide
- Pulp and Paper
- Electrical and Electronics
- Water Treatment
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Scope and Methodology
- Executive Summary
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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