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Chloramine B Market - Size, Share, Trends, Outlook, and Opportunity Analysis, 2018-2025

09-03-2018 02:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Chloramine B Market - Size, Share, Trends, Outlook,

Chloramine B (C6H5ClNNaO2S) is an unstable colorless liquid used in water treatment and as an antiseptic in the medical industry. Chloramine B is primarily used in water treatment applications as a disinfectant where it improves the odor and flavor of water. There are four types of Chloramines such as Monochloramine (NH2Cl), Dichloramine (NHCl2), trichloramine (NCl3), and organic chloramines (RNHCL). Chloramine B is also used as a disinfectant, bleach, and oxidizing agent.

Market Dynamics

Increasing demand for disinfectants for applications in water treatment and aquaculture across the globe is projected to fuel growth of the global chloramine B market over the forecast period (2018-2025). This is owing to characteristics of chloramine B such as antibacterial property and high stability for long time as compared to pure chlorine. Furthermore, Chloramine B is a disinfectant used to inhibit the growth of micro-organisms such as bacteria, viruses, and e.coli in water treatment and swimming pools. Therefore, key manufacturers are focusing on acquisitions strategy to expand their product offerings in chloramine B for application in water treatment. For instance, Bodal Chemicals Ltd. acquired Trion Chemicals Pvt. Ltd. in 2017, to focus on specialty chemicals for water treatment and swimming pools in India.

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A major restraining factor for growth of the market is availability of alternatives such as ozone and chlorine dioxide, which is expected to negatively affecting growth of the global chloramine B market. Furthermore, chloramine B has negative impact on patient who has dialysis. Chloramine B can be harmful if it’s present in the water during the dialysis process. This is result of water coming into contact with patients’ bloodstream during the dialysis.

Market Outlook

On the basis of product type, disinfectants segment accounted for the largest market share in chloramine B market in 2017 and is expected to show steady growth over the forecast period. This is owing to increasing demand for this product for water treatment, as water purity plays a major role in spreading of diseases such as typhoid, diarrhea, and cholera. Thus, disinfection is responsible for preventing wide spread of such diseases. Furthermore, governments of various countries are supporting use of chloramine in waste water treatment, which is expected to aid in growth of the segment over the forecast period. For instance, The Environmental Protection Agency (EPA) regulates the safe use of chloramines in drinking water for safety purpose in the U.S. EPA's Integrated Risk Information System (IRIS) Program supports this mission by identifying and characterizing the health hazards of chemicals found in the environment and water treatment.

On the basis of application, water treatment sector exhibited relatively high growth in the chloramine B market in 2017 and is expected to witness the same trend during the forecast period. Chloramine concentrations found in drinking water lies in the range of 0.2-2 mg/L where mono chloramine has been used as a primary disinfectant in waste water treatment. The World Health Organization (WHO) recommended a maximum acceptable concentration of chloramines in drinking water of 3 mg/L.

Asia Pacific is projected to be the fastest-growing region in the chloramine B market over the forecast period. Increasing incidence of water-borne illnesses such as typhoid, cholera, and diarrhea has resulted in installation of home water treatment by consumers and thus, increasing demand for chloramine B. For instance, in 2016, around 1, 32,121 cases of cholera and over 2420 deaths were reported by the World Health Organization (WHO) globally. Therefore, the market is expected to exhibit high growth over the forecast period.

Key players

Major players operating in the chloramine B market include Merck & Co., Inc., Anhui BBCA Pharmaceuticals Co., Ltd., Tokyo Chemical Industry Co., Ltd., Santa Cruz Biotechnology, Inc., Biosynth, Hangzhou Yuhao Chemical Technology Co., Ltd., and others.

Key players are focusing chloramine B application in water treatment to expand their business. For instance, in 2017, Brackenridge (Australia) switched to chloramines for drinking water treatment over chlorines due to its high stability for long time. As Chloramines can be more corrosive than chlorine. Chloramines B is disinfect drinking water and produce fewer trihalomethanes.

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services and competitive analysis through various recommendations related to emerging market trends, technologies and potential absolute dollar opportunity.

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