Press release
Sodium Hypochlorite Market to hit $422.5 million by 2030 | Global CAGR: 4.7%
Sodium Hypochlorite Market
Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/14809
As per the report of Sodium Hypochlorite Market, Based on region, Asia-Pacific, followed by North America, is expected to witness the highest CAGR of 5.1% during the forecast period, due to increased demand from the pharmaceutical industry and rise in demand for treated water from different industries such as municipal and industrial. However, Europe accounted for the highest market share in 2020, contributing to more than half of the global sodium hypochlorite market, and is expected to maintain its dominant share in terms of revenue by 2030. This is attributed to increased demand from industries such as chemical manufacturing and pharmaceutical along with surge in awareness about environmental pollution.
Based on application, the disinfection & cleaning segment contributed to the highest share in 2020, accounting for more than half of the global sodium hypochlorite market, and is expected to maintain its leadership status during the forecast period. Moreover, this segment is projected to manifest the largest CAGR of 5.0% from 2021 to 2030. This is due to increased demand for disinfectants from various industries along with rise in awareness and importance of disinfection during the Covid-19 pandemic. The research also analyzes the segments including bleaching, oxidizing, and others.
The report offers key drivers that propel the growth in the global sodium hypochlorite market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.
Interested in Procuring This Report? Visit Here:
https://www.alliedmarketresearch.com/sodium-hypochlorite-market/purchase-options
Rise in demand for water treatment chemicals and rapid increase in demand from various industries such as textiles and pulp & paper industries drive the growth of the global sodium hypochlorite market. However, hazardous effects associated with the use of sodium hypochlorite hinder the market growth. On the other hand, surge in demand from the healthcare industry creates new opportunities in the coming years.
By Application:
Disinfection & Cleaning
Bleaching
Oxidizing
Others
Browse Full Report Summary: https://www.alliedmarketresearch.com/sodium-hypochlorite-market-A14440
Covid-19 Scenario
The demand from application industries such as paper and textiles decreased due to closure of manufacturing plants due to lockdown measures, lack of workforce, and disrupted supply chain.
The demand for sodium hypochlorite for disinfection purposes increased significantly as disinfection became the major step in commercial and residential spaces in curbing the spread of Covid-19. Moreover, manufacturing and supply chain hindrances created the supply-demand gap.
The disinfection & cleaning segment to maintain its leadership status during the forecast period.
Similar Report:
Sodium Nitrate Market
https://www.alliedmarketresearch.com/sodium-nitrate-market-A15618
Sodium Metabisulphite Market
https://www.alliedmarketresearch.com/sodium-metabisulphite-market
Sodium Hydroxide Market
https://www.alliedmarketresearch.com/sodium-hydroxide-market-A14475
Pharmaceutical Grade Sodium Chloride Market
https://www.alliedmarketresearch.com/pharmaceutical-grade-sodium-chloride-market
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sodium Hypochlorite Market to hit $422.5 million by 2030 | Global CAGR: 4.7% here
News-ID: 2996414 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Sodium
Global Sodium Sulbactam And Sodium Ampicillin API Market Size by Application, Ty …
According to Market Research Intellect, the global Sodium Sulbactam And Sodium Ampicillin API market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The market for sodium sulbactam and sodium ampicillin API is steadily expanding because to…
Global Sodium Acetate Trihydrate And Sodium Acetate Anhydrous Market Size by App …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to Market Research Intellect, the global Sodium Acetate Trihydrate And Sodium Acetate Anhydrous market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The sodium acetate trihydrate and sodium acetate anhydrous market is experiencing steady growth, driven by their wide-ranging applications in industries…
Sodium Percarbonate Market Report 2024 - Sodium Percarbonate Market Trends And D …
"The Business Research Company recently released a comprehensive report on the Global Sodium Percarbonate Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Sodium Formate Market
Introduction
Sodium formate, a chemical compound with the formula HCOONa, plays a significant role in various industries. It is a white, water-soluble solid that is primarily used in leather tanning, de-icing, and as a buffering agent in various chemical processes. The versatility of sodium formate has made it an essential component in many industrial applications. Over the years, its demand has grown steadily, driven by its effectiveness and cost-efficiency. This post…
Sodium Diacetate (Sodium Hydrogen Diacetate) Market to see Rapid Growth by 2029|
-The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Sodium Diacetate (Sodium Hydrogen Diacetate) market. It includes Porter's Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Sodium Diacetate (Sodium Hydrogen Diacetate) Market. We have provided deep analysis of the…
Global Sodium Metasilicate Pentahydrate Market, Global Sodium Metasilicate Penta …
The Sodium Metasilicate Pentahydrate market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Sodium Metasilicate Pentahydrate Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Sodium Metasilicate Pentahydrate market. The report focuses on well-known providers…
