Bleaching Agent Market worth US$ 1283.0 Million 2029 with a CAGR of 5.3 %

Bleaching agents, an integral component in various industries, exemplify the transformative power of chemical processes. These agents are meticulously designed to alter or remove color, stains, or undesired pigments from materials, ranging from textiles and paper to food products. In essence, bleaching agents play a critical role in enhancing the aesthetics, cleanliness, and functionality of diverse materials, contributing to the quality and visual appeal of end products. From the brightening of fabrics in the textile industry to the purification of food and the production of pristine paper products, bleaching agents are fundamental to numerous manufacturing processes, embodying the intersection of chemistry and industry. This introduction encapsulates the significance of bleaching agents in the realm of chemical processes, where their transformative properties elevate the quality and appearance of a wide array of everyday products.

𝗧𝗼 𝗮𝗰𝗰𝗲𝘀𝘀 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗿𝗲𝗽𝗼𝗿𝘁, 𝗰𝗹𝗶𝗰𝗸 𝗵𝗲𝗿𝗲:
https://www.prophecymarketinsights.com/market_insight/Global-Bleaching-Agent-Market-By-507

Key Market Insights from the report:

The global bleaching agent market accounted for US$ 805.3 million in 2020 and is projected to register a moderate CAGR of 5.3% over the forecast period. The market report has been segmented on the basis of product type, application, and region.

By product type, the chlorine based segment accounted for major revenue share in 2018, owing to its used on a large scale to produce calcium and sodium hypochlorite which are major chemical used as a disinfectant in wastewater treatment plants.
By application, the healthcare segment is accounted for major revenue share in 2018 due to high demand for bleaching agents for disinfectant in the healthcare industry.
By region, Asia Pacific bleaching agent market accounted for major revenue share of the global bleaching agent market and is further anticipated to maintain its dominance over the forecast period. This is owing to the growth in various industries including household cleaner manufacturers, pulp and paper industry, textile, etc. in the countries in the regions. Growing adoption of bleaching agents in the water treatment plant, especially in countries such as India and China is major factor expected to support growth of the Asia Pacific bleaching agent market over the forecast period. The market in North America is expected to account for second-highest revenue share in 2019.

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The prominent player operating in the global bleaching agent market includes Akzo Nobel N.V., Clariant AG, BASF SE, Colgate-Palmolive Company, I. du Pont de Nemours and Company, The Dow Chemical Company, Evonik Industries AG, Novozymes A/S, Merck & Co., Inc., and S. C. Johnson & Son, Inc.

Regional scope:

North America - U.S., Canada
Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe
Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
Latin America - Brazil, Mexico, Argentina, Rest of Latin America
Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Driving the demand for bleaching agents Market:

Pulp and Paper Industry:
Bleaching agents are extensively used in the pulp and paper industry to remove color and impurities from wood pulp, ensuring the production of high-quality and bright paper products. The growing demand for paper in packaging, printing, and hygiene products contributes to the demand for effective bleaching agents.

Textile Industry:
In the textile industry, bleaching agents are essential for achieving desired shades and brightness in fabrics. With the textile sector continuously evolving to meet fashion and consumer preferences, the demand for effective and eco-friendly bleaching agents remains significant.

Food and Beverage Industry:
Bleaching agents are employed in the food and beverage industry for various purposes, including the whitening of flour, sugar, and edible oils. The demand for processed and visually appealing food products contributes to the need for safe and approved bleaching agents.

Water Treatment:
In water treatment processes, bleaching agents play a role in disinfection and the removal of color and impurities. Municipalities and industries with water treatment facilities contribute to the demand for effective bleaching agents to ensure water safety.

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