Synopsis of Bleaching Chemicals Market:
Global Bleaching Chemicals Market is expected to witness a significant growth and bench mark in millions by 2022 with fastest growing CAGR of between 2016 to 2022.
The bleaching reactions usually involve oxidation or reduction processes that reduce color systems. While oxidation bleach release oxygen molecules which break up the chemical bonds of chromophores. Chromophores cause colors by reflecting a certain portion of the visible spectrum of light. The changed chromophore molecules either reflect no color or a color outside the visible spectrum. This absence of color is seen by our eyes as white. Bleaching chemicals are oxidizing & reducing agents used for numerous applications cosmetic & personal care, textile industry, household industry, food additive, pulp bleaching, water treatment, carpet industries, Epidemic control, Aquaculture etc.
Sodium hypochlorite is most widely used in chlorine bleach after that hydrogen peroxide used in oxidation is most popular. Calcium hypochlorite bleach which is used in sanitizing has large market share in U.S.
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Key Players:
Key players of the Global Bleaching Chemicals are Akzo Nobel Eka(Netherlands), Neutron Industries (U.S.), Aditya Birla Chemicals(India), Hansol Chemicals(Korea), Kemira Oyj(Europe), State Industrial Products Corporation (U.S.),Hercules and Hercules Inc(U.S.), 3M Company (U.S.), Arrow-Magnolia International, Inc. (U.S.), Ecolab G.K. (Japan), and others.
Market Segmentation:
The Global Bleaching Chemicals Market is segmented on the basis of Type and Applications.
Based on Type, the market is segmented into chlorine, chlorine dioxide, sodium hypochlorite, calcium hypochlorite, sodium dichloroisocyanurate, and others. Chlorine dioxide is used in various applications such as wastewater treatment, food and beverage processing, algae control, oil well treatment, and cotton bleaching. Sodium hypochlorite is used extensively as a bleaching agent in the textile, detergents, and paper and pulp industries.
Based on Applications, the market is segmented into cosmetic and personal care, textile industry, household industry, food additive, pulp bleaching, and many others. Increasing demand for cosmetic and skincare products such as skin whitening products and anti-aging products fuel the growth of this market globally. The textile industry consumes bleaching chemicals for enhancing properties of fabrics such as fiber strength, luster, and dye affinity.
Regional Analysis:
Geographically, Asia-Pacific region leads the Global Bleaching Chemicals Market. China being largest consumer of bleaching chemicals. Growing demand in Cosmetic & personal care, textile industry, household industry, food additive, pulp bleaching, water treatment, Epidemic control, Aquaculture has boosted the Bleaching Chemicals Market demand in China, India, Malaysia and Thailand. North America & Europe have witnessed stagnant growth owing to strict regulations for producing bleaching chemicals.
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