Press release
Bleaching Agents Market to Exceed USD 1330 million, Potential Growth, Recent Trends, Demands, Key Player Strategies, Opportunities and Forecast to 2028
Bleaching Agents Market Overview:A bleaching agent is a chemical product that is used industrially or domestically to whiten or remove the color from different materials and products. It is typically used in households to whiten clothes and remove stains or as a disinfectant in laundry detergents and surface cleaners. It is primarily available in the liquid form as a dilute solution of sodium hypochlorite and in the powdered form containing the formulation of calcium hypochlorite
The global Bleaching Agents Market is estimated at USD 780 million in 2019 and is projected to reach USD 1330 million by 2028, growing at a CAGR 6.1% during the forecast period 2022-2028.
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Increasing demand for water purification, rising application in manufacturing pulp & paper along with stringent environmental regulations imposed to promote eco-friendly products to limit contaminants in the ecosystem will boost the growth of the market for bleaching agents. Moreover, increasing the consumption of bread and related bakery products also contribute to driving the market.
Bleaching Agents Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are BASF (US), Aditya Birla Chemicals (Grasim) (India), Evoniik Industries (Germany), Hawkins. Inc (US), Siemer Milling Company (US), Gujarat Alkalies and Chemicals (India), PeroxyChem (US), Solvay (Belgium), Supraveni Chemicals (India), Spectrum Chemicals Man and Others
Recent Development
In August 2021, Clariant, a renowned specialty chemicals company based in Switzerland, acquired Beraca, a beauty products supplier headquartered in Brazil. The company aims to gain access to the latter's natural materials which are based on the biodiversity of the Brazilian rainforest. It would also enable Clariant to expand its presence in the Care Chemicals business.
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Bleaching Agents Market Segmentation:
Bleaching Agents Market by Product Type, 2019-2028, (In USD Million)
Azodicarbonamide
Hydrogen Peroxide
Ascorbic Acid
Acetone Peroxide
Chlorine Dioxide
Others
Bleaching Agents Market by Form, 2019-2028, (In USD Million)
Powder
Liquid
Bleaching Agents Market by Application, 2019-2028, (In USD Million)
Bakery Products
Flour
Cheese
Others
Growth Factors:
Increasing demand from the Bleaching Agents industries
The growing use of Bleaching Agents in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Bleaching Agents Market
Bleaching Agents Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2028, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Bleaching Agents Market Trends
- The report identifies, determines, and forecasts the Global Bleaching Agents Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Bleaching Agents Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Bleaching Agents Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Bleaching Agents Market.
Frequently Asked Questions (FAQ):
Which region will dominate the bleaching agents' market?
Which application segment will lead the bleaching agents' market?
What are the key factors driving the bleaching agents' market?
Which type segment will have the largest share in the bleaching agents' market?
Name the notable players profiled in the bleaching agents' market.
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