TCCA-90 Market Expected to Witness a Sustainable Growth over 2030 – Shikoku Chemicals, Occidental Chemical

The Global TCCA-90 Market size is estimated to be USD 4.76 billion in 2019 and is predicted to reach USD 8.40 billion by 2030 with a CAGR of 5.3% from 2020-2030.

TCCA-90 is also known as Trichloroisocyanuric Acid which is used as disinfecting agents in pools and fountains to attain crystal clear water as it keeps the swimming pool free from bacteria and algae for long time. It is white in color with sandy texture and possess the odor of chlorine which is also used in water treatment and bleaching agent in textile with other applications in few other industries.

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Top Companies: Bayer AG, Olin, FMC, Shikoku Chemicals, Occidental Chemical, Nissan Chemical, ICL Industrial Products, Jiheng Chemical, Pat Impex, Nankai Chemical, Ercros S.A., Heze Huayi, Nippon Soda, Nanning Chemical, Zeel Product and others.

Market Dynamics and Trends

There is a development in the lifestyle of the people coupled with fast developing infrastructure over the period of time. Furthermore, increased in water sports coupled with increased use of pool on commercial and residential level is expected to enhance the growth of TCCA-90 market.

The other factors include increase in water treatment plants coupled with increase in textile industry with increased chances to getting infections from the pool has also increased the demand of TCCA-90 chemical. However, lack of awareness among people and presence of alternatives in the market are expected to hamper the growth of TCCA-90 market. On the other hand, increasing applications with no side effects and cost effective in terms of other chemicals are expected to create ample opportunities in the TCCA-90 market over the forecast period.

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Market Segmentations and Scope of the Study:

The global TCCA-90 market share is analyzed on the basis of type, application and geography. On the basis of type, the market is segmented into powder, granular and tablet. On the basis of application, the market is divided into Water Treatment, Sericulture & Aquaculture, Daily Disinfection, and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to hold the major market share over the forecast period owing to the increased adoption of TCCA-90 as disinfectant. Furthermore, increased construction of pools on residential and commercial level and increase in water sports activities are also expected to fuel the growth of TCCA-90 market.

Asia Pacific is expected to show rapid growth owing to the developing infrastructure coupled with changing lifestyle. Furthermore, increase in disposable income and wide applications are expected to promote the market growth in the near future.

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This release was published on openPR.