Sodium Hypochlorite is slightly yellowish solution with a characteristic odor. It is also known as liquid bleach and is highly used for water purification, surface purification, odor removal, bleaching, and water disinfection. Sodium hypochlorite facilitates stain removal and hence it is also used as a bleaching agent for cotton. Moreover, at stronger concentrations, sodium hypochlorite is used as bleaching agents for the manufacturing of pulp, paper and textiles.
MARKET DYNAMICS
Increasing need for wastewater treatment is majorly propelling the growth of the global sodium hypochlorite market. Owing to its anti-microbial properties, sodium hypochlorite is widely used as a biocide in water treatments. The rising industrialization and urbanization is resulting an increase in the industrial waste water production. The population in urban areas is increasing tremendously for the past few years. According to United Nations, it is projected that 68% of the global population will live in urban areas by 2050. This will increase the waste water production, further leading to the increased demand for sodium hypochlorite market. Furthermore, the recent outbreak of COVID-19 also impacted the growth of the market. In order to reduce the virus spread, various governments are conducting sanitization of public spaces, disinfecting streets with sodium hypochlorite. In addition to this, Ministry of Health and Family Welfare of countries such as India, Japan and others also mandated that public toilets, office spaces, residential complexes, and outdoor areas should be disinfected by sodium hypochlorite products. This is also envisaged to create huge market opportunities in the coming years.
MARKET SCOPE
The "Global Sodium Hypochlorite Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Sodium Hypochlorite market with detailed market segmentation by application, end use and geography. The global Sodium Hypochlorite market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Sodium Hypochlorite market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Sodium Hypochlorite market is segmented on the basis of application and end use. On the basis of application, the global Sodium Hypochlorite market is segmented into cleaning & disinfection, bleaching, and chemical manufacturing. By end use, the Sodium Hypochlorite market is classified into household and industrial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Sodium Hypochlorite market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Sodium Hypochlorite market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Sodium Hypochlorite market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Sodium Hypochlorite market in these regions.
MARKET PLAYERS
The reports cover key developments in the Sodium Hypochlorite market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Sodium Hypochlorite market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the Sodium Hypochlorite market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Sodium Hypochlorite market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aditya Birla Chemicals
- AGC Chemicals
- Arkema Group
- BASF Chemicals
- Odyssey Manufacturing Co.
- Olin Chlor Alkali
- OxyChem
- Tessenderlo Group
- Unilever
- Vynova
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.