Bleaching agents are widely used in both domestic and industrial settings for various purposes, such as whitening and removing stains from different products and materials. Sodium hypochlorite in liquid form and calcium hypochlorite in powdered form are standard formulations of bleaching agents. The market for bleaching agents is driven by the demand for stain removal and whitening in households, particularly for laundry purposes. The market also caters to industrial applications where bleaching agents are utilized in textile manufacturing, pulp and paper production, and water treatment.
According to Data Bridge Market Research, the Bleaching Agents Market accounted for market growth at a rate of 9.50% in the forecast period of 2022 to 2029.
“Growing demand for water treatment worldwide”
The growing demand for water treatment worldwide is a significant driver behind expanding the bleaching agents market. As water scarcity and pollution concerns intensify, there is a pressing need for effective water treatment solutions. Bleaching agents play a crucial role in various water treatment processes, such as disinfection and purification, by eliminating harmful microorganisms and contaminants. This increased demand for water treatment, driven by factors like population growth and industrial development, fuels the growth of the bleaching agents market as they are essential components in achieving clean and safe water supplies.
What restraints the growth of the bleaching agents market?
“Imposition of bans on specific flour bleaching agents in several countries”
The bleaching agents market encounters a significant restraint with the imposition of bans on specific flour bleaching agents in several countries. These bans are implemented as a response to health concerns linked to certain chemicals in flour bleaching. Consequently, manufacturers and suppliers in these countries face restrictions on the utilization of such agents, directly impacting the demand and sales of bleaching agents. This limitation poses challenges for the market, especially in regions where these bans are enforced, as alternative methods or ingredients need to be explored to meet the requirements of flour bleaching.
Segmentation: Bleaching Agents Market
The bleaching agents market is segmented on the basis of type, form, and application.
- On the basis of type, the bleaching agents market is segmented into azodicarbonamide, Hydrogen Peroxide, Ascorbic Acid, acetone peroxide, chlorine dioxide, and others.
- On the basis of form, the bleaching agents market is segmented into powder and liquid.
- On the basis of application, the bleaching agents market is segmented into bakery products, flour, Cheese, and other
Regional Insights: Asia-Pacific Dominates the Bleaching Agents Market
In the Asia-Pacific region, the dominance of the bleaching agents market can be attributed to the increasing demand for hydrogen peroxide from the pulp, paper, and chemical industries. These industries in APAC drive the demand for bleaching agents, particularly hydrogen peroxide, contributing to the region's market leadership.
North America is projected to experience significant growth in the bleaching agents market. The high consumption of chlorine-based bleaching agents in the region primarily drives this growth. The presence of various industries, such as pulp and paper, textiles, and water treatment, fuels the demand for chlorine-based bleaching agents, positioning North America as the fastest-growing market during the forecast period of 2022 to 2029.
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The Prominent Key Players Operating in the Bleaching Agents Market Include:
- Hawkins, Inc. (U.S.)
- Siemer Milling (U.S.)
- PeroxyChem (U.S.)
- Supraveni Chemicals (India)
- Spectrum Chemicals (U.S.)
- Engrain (U.S.)
- Gujarat Alkalies and Chemical Limited (India)
- Ashland (U.S.)
- Arkema (France)
- Christeyns (Belgium)
- Aditya Birla Chemicals (India)
- Unilever (U.K./Netherlands)
- Procter & Gamble (U.S.)
- The Clorox Company (U.S.)
- Spartan Chemical Company (U.S.)
- Shandong Huatai Interox Chemical (China)
- S.C. Johnson & Son (U.S.)
- Novozymes (Denmark)
- Merck (Germany)
- Evonik (Germany)
- DuPont (U.S.)
- Dow Chemicals (U.S.)
- Colgate-Palmolive Company (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of bleaching agents market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Bleaching Agents Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
