Global Sodium Hypochlorite Market was valued at US$ XXX Mn in 2017, and is expected to reach US$ XXX Mn by 2026, at XXX % CAGR. Sodium hypochlorite is a principally used in household and cleaning applications. It’s use in household has increased over last few years over the concerns of infectious deceases. Household and laundry use contribute to the about 60% of the total market. Global demand for household applications of sodium hypochlorite is expected to grow at XX% during forecast period. Industrial and municipal water treatment application are expected to drive the demand of Sodium hypochlorite market and are expected to keep the growth of XX% and XX% respectively. APAC region will be the largest contributor to the growth. According to the World Bank estimate XXX million people globally have a lack of access to safe drinking water. 3 billion people are lacking of adequate sanitation. Waterborne deceases will be the key challenge before the world in next ten years.
This Water issue is creating tremendous opportunities for the sodium hypochlorite market to grow like never before. The water treatment industry is anticipated to continue its dominance during the forecast period, owing to the increasing population that leads to higher need for purified water. Furthermore, increasing adoption of sodium hypochlorite for medical and household applications is another factor leading to further fuel the growth of this market over the forecast period. Rising use of sodium hypochlorite as an oxidizing agent in chemical industry is also expected to grow in near future.
Following Report has studied all the driving factors by each region to make the decision makers understand the market dynamics. Geographically, Asia Pacific dominates the sodium hypochlorite market and it is likely to continue sodium hypochlorite market dominance during the forecast period. The market in North America and Europe is also expected to record significant growth over the forecast period, owing to rising demand for sodium hypochlorite from various industries such as pharmaceutical and healthcare. The market in South America and Middle East & Africa is expected to register moderate growth during the forecast period.
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Scope of Global Sodium Hypochlorite Market:
Global Ethanol Market, by Feedstock Type
• Bleaching • Oxidizing • Disinfection • Deodorizing • Others (Endodontics, Nerve agent neutralization)
Global Sodium Hypochlorite Market, by End User
• Water Treatment • Agriculture • Chemical • Paint • Others (Pharmaceutical, Textiles, Healthcare and Domestic)
Key Players Operating In Sodium Hypochlorite Market:
• Odyssey Manufacturing Co. • AGC group • Sunbelt Chemical Corporations • Orica Watercare • Shanghai Polymet Commodities Ltd. • Solvay Chem • Akzo Nobel • BASF Chemicals • Olin Chlor Alkali • Arkema Group • Surpress Chem • Ineos • Sumitomo Chemical • Aditya Birla
Report Is Submitted By : Maximize Market Research Company
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