Sales Of Bleach Precursor Are Projected To Increase At A CAGR Of Over ~2.1% During 2022 - 2032

The global bleach precursor market is estimated at USD 407 Billion in 2022 and is forecast to reach USD 483 Billion by 2032, growing at a CAGR of 9.2% during 2022-2032.

Textile and paper & pulp industries are also driving end uses of the bleaching activators and ensuring the future demand. Important utilization in recovered paper has also opened new venture for the bleach activators application. With the vast penetration in myriad of industries, demand of bleaching activators is projected remain higher in near future.

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The industry research performed by Fact.MR delves on key insights such as current and speculative production capacity, capacity utilization rates of each producer, current and speculative pricing, and price optimization strategy across value chain, techno-economic analysis of chlorinated polyolefin production and many more.

Below points summarize the bleach precursor market over the long-run forecast period
• Peroxide-based bleaching activators such as Tetraacetylethylenediamine, had become most popular as bleach booster for household care industry since 2017.
• Textile and paper & pulp industries has driven the consumption of bleaching precursors and ensuring the future demand.
• Growing utilization in paper recycling has also opened new venture across global bleach precursor market. It has been analysed that the rate of consumption of bleach precursor in paper recycling has increased by 3.5% in last three years.
• Latin America accounts for about 10% share in the global bleach precursor market in 2021 and expected to grow by a rate of 145 BPS, to hold 12.5% market share by the end of 2032.
• Among the forms of bleach precursors, the granular bleach precursor segment has a relatively higher market share than the powder bleach precursors segment.

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Competitive Landscape
The market is moderately competitive in nature with leading manufacturers of bleach precursor such as DowDuPont, FutureFuel Corp, The Lubrizol Corporation (Warwick International Group Limited), WeylChem Wiesbaden GmbH, Delamine B.V., idCHEM Co.,Ltd., Zhejiang Jinke Culture Industry Co., Ltd, Nease Performance Chemicals, AK ChemTek Co. Ltd and Chemsfield Co. Ltd.

Also, new strategic approaches have been adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of high demand for bleach precursor.

Bleach Precursor Market Key Segments
• By Product Type :
o Tetraacetylethylenediamine
o Sodium Nonanoyloxybenzenesulfonate

• By End-use Industry :
o Laundry Detergent
o Household Cleaners
o Dishwashing
o Paper & Pulp
o Textile

• By Form :
o Granular
o Powder

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What insights does the Bleach Precursors Market report provide for readers?
• Fragmentation of bleach precursors by product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand and current market environment.
• Collaboration, R&D projects, acquisitions and product launches of each Bleach precursor player.
• It details the various regulations imposed by the government on the consumption of Bleach precursors.
• The impact of modern technologies such as big data and analytics, artificial intelligence, and social media platforms on the global Bleach precursors.

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This release was published on openPR.