Press release
Global Bleaching Agents Market to cross $91bn by 2025 | Top Key Players Sigma-Aldrich, The Clorox Company, DowDuPont, AkzoNobel, Evonik, Clariant, Ashland, Arkema, Kemira, Solvay, BASF
Global Market Insights
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Considering that the Confederation of Indian Textile Industry is actively working to maintain such export revenues, it is rather overt that the Indian textile industry will receive a prominent boost from such endeavors and the bleaching agents market will in turn reap the benefits of such developments over 2018-2025.
It should be noted that Asia Pacific bleaching agents market generated quite some appreciable returns in 2017 that can be largely attributed to not only the textile industry of India but also the textile industry of China, which is incidentally the largest textile producer and exporter in the world. The rapidly growing Chinese textile industry has become one of the pillars in the country’s economic development with China’s textile exports being valued at approximately $10 billion in 2017, which is estimated to be 37.2% of the global market share. A massive and low-cost labor force as well as material supply availability has lent a competitive edge to China in the textile industry landscape. As a result, the country has come to occupy a leading position in the bleaching agents market as well as bleaching agents are one of the most essential chemicals involved in the textile industry.
A part of the Asia Pacific bleaching agents market revenue in 2017 can also be attributed to the use of bleaching agents in the paper & pulp and chemical industries in countries like China and India. Bleaching agents like hydrogen peroxide find extensive application in digital printing and flex printing as well as in manufacturing of packaging materials. Other Asian countries like Indonesia have come to realize the potential in the paper & pulp industry and are increasing investments not only to bring in the latest technology to support the growth of the industry but also to increase competitiveness of its products in the global market.
Indonesia apparently has the raw materials and favorable subtropical climate that makes it a major competitor in the paper & pulp industry. With national industrial policies being aligned to prioritize the paper & pulp industry in Indonesia as it provides a significant contribution to the national economy, the bleaching agents industry in the country is also expected to receive a significant boost over 2018-2025.
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Company profiled
FIG. 10. SWOT analysis, BASF
FIG. 11. SWOT analysis, Solvay
FIG. 12. SWOT analysis, Kemira Oyj
FIG. 13. SWOT analysis, Arkema
FIG. 14. SWOT analysis, Ashland
FIG. 15. SWOT analysis, Clariant Evonik
FIG. 16. SWOT analysis, AkzoNobel
FIG. 17. SWOT analysis, DowDuPont
FIG. 18. SWOT analysis, Sigma-Aldrich Co.
FIG. 19. SWOT analysis, Mitsubishi Inc.
FIG. 20. SWOT analysis, Aditya Birla Inc.
FIG. 21. SWOT analysis, PPG Industries, Inc.
FIG. 22. SWOT analysis, PeroxyChem
FIG. 23. SWOT analysis, Hawkins Inc.
FIG. 24. SWOT analysis, Gujarat Alkalies and Chemicals
FIG. 25. SWOT analysis, Supraveni Chemicals
FIG. 26. SWOT analysis, Spectrum Chemicals Manufacturing Corporation
FIG. 27. SWOT analysis, Engrain
FIG. 28. SWOT analysis, Spartan Chemical Company
FIG. 29. SWOT analysis, The Clorox Company
Browse key industry insights spread across 223 pages with 298 market data tables & 29 figures & charts from the report, “Bleaching Agent Market” in detail along with the table of contents:
https://www.gminsights.com/pressrelease/bleaching-agent-market
It should be mentioned that in world increasingly concerned about the ecological effects of harsh bleaching agents, the bleaching agents market has faced some major challenges when it came to expanding operations. However, active research and development in the bleaching agents industry and innovative new agents have effectively by-passed such hurdles that stood in the way of the industry’s growth.
For instance, the pulp and paper industry has made efforts to reduce the chloro-organic and chloride discharges by substituting harmful chlorine-based chemicals with oxygen, hydrogen peroxide and ozone. Modifications at the pulping and bleaching stages in the manufacturing process have been made to reduce the toxic effect of bleaching waste water in order to adhere to stringent emission standards and environmental concerns.
The utilization of industrial waste water to manufacture products like enzymes and the utilization of enzymes in bleaching to minimize the chemical consumption of chlorine-based bleaching agents offer innovative and environmentally sensible technologies that can significantly reduce the environmental impact of the bleaching agents industry. With innovations paving the way for a profitable bleaching agents industry, it is estimated that the bleaching agents market will record a commendable growth rate in the years ahead.
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