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Calcium Hypochlorite Market Outlook, Critical Insights, Trends Analysis, Key Players And Forecast To 2033
Calcium Hypochlorite Market
As per the report, the calcium hypochlorite market size has grown strongly in recent years. It will grow from $5.71 billion in 2023 to $6.06 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The calcium hypochlorite market size is expected to see strong growth in the next few years. It will grow to $7.73 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%.
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Clean Water Demand Fueling Growth Of The Calcium Hypochlorite Industry
The increasing demand for clean water is expected to propel the growth of the calcium hypochlorite market going forward. Clean water is defined as water that is safe for human consumption and free from harmful contaminants and pathogens. There is a demand for clean water due to several factors, such as population growth, economic development, changing consumption patterns, and declining water resources due to climate change and inefficient use. Calcium hypochlorite is utilized in clean water treatment as a potent disinfectant, effectively eliminating harmful microorganisms and ensuring water safety. For instance, in February 2024, according to the United Nations Educational, Scientific, and Cultural Organization (UNESCO), a France-based specialized agency, there were 2.2 billion people without access to safely managed drinking water until 2022, and the global demand for freshwater has been increasing by just under 1% per year. Additionally, four out of five people lacking at least basic drinking water services in 2022 lived in rural areas. Therefore, the increasing demand for clean water is driving the growth of the calcium hypochlorite market.
New Product To Provide Enhanced Disinfection Applications
Major companies operating in the calcium hypochlorite market focus on developing dry-block calcium hypochlorite to serve customers better and gain a competitive edge. Dry-block calcium hypochlorite is a type of calcium hypochlorite available in a solid, granular form. For instance, in April 2024, SDS Limited., a UK-based water reuse technology specialist, launched their All-in-one grey water recycling system to make it simpler and more cost-effective for developments. A gray water treatment system is a process that removes contaminants from wastewater generated in households or office buildings from streams without fecal contamination, such as water from sinks, showers, baths, washing machines, and dishwashers. SDS's smaller-scale grey water recycling (GWR) system is a fully automated, on-demand, rapid treatment system especially suitable for buildings with lower usage, for example, hotels with between 50 and 150 bedrooms. The system has been developed to use intelligent chlorine dosing using dry block calcium hypochlorite, allowing for easier servicing and storage than liquid chlorine dosing systems that require more demanding health and safety handling regimes.
The calcium hypochlorite market covered in this report is segmented -
1) By Form: Powder, Granular, Pellets
2) By Production Process: Calcium Process, Sodium Process
3) By Application: Detergent, Agrochemicals, House Cleaners, Water Treatment, Pulp And Paper, Food And Beverages, Textile, Pools And Spas, Other Applications
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Major companies operating in the calcium hypochlorite market are China Petroleum and Chemical Corporation, Westlake Chemical Corporation, Olin Corporation, Tosoh Corporation, Lonza Group Ltd, Nippon Soda Company Pvt Ltd, Hawkins Inc., Sigura, Aditya Birla Chemicals Ltd., Barchemicals, American Elements, Innova Corporate, Nankai Chemical Co Ltd, Angel Chemicals Private Limited., Nikunj Chemical Ltd, Organic Industries Pvt Ltd., Tianjin Ruifuxin Chemical Co. Ltd, Henan Yuzhou Weilite Chemical Co. Ltd., Tianjin Kaifeng Chemical Co. Ltd., Axiall Corp.
Contents of the report:
1. Executive Summary
2. Calcium Hypochlorite Market Report Structure
3. Calcium Hypochlorite Market Trends And Strategies
4. Calcium Hypochlorite Market - Macro Economic Scenario
5. Calcium Hypochlorite Market Size And Growth
…..
27. Calcium Hypochlorite Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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