Calcium Hypochlorite Market Size, Insights, Outlook, Overview And Market Research Report 2024-2033

"The Business Research Company recently released a comprehensive report on the Global Calcium Hypochlorite 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.

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According to The Business Research Company's, 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 growth in the historic period can be attributed to the growth of industries and urbanization, the introduction of health regulations, the growth of the bottled water industry, increased international trade, and growing environmental concerns and awareness of water pollution problems.

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%. The growth in the forecast period can be attributed to increased demand for clean water, expansion of healthcare facilities, need for clean water in agricultural activities, increased construction of hotels, resorts, and recreational facilities and government initiatives to improve public health. Major trends in the forecast period include development of municipal water systems, advancements in swimming pool technologies, improvements in the production and packaging, ongoing research into waterborne pathogens and innovations in production processes.

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Market Drivers and Trends:

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.

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.

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Major Key Players of the Market:

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.

Calcium Hypochlorite Market 2024 Key Insights:

• 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%.
• Clean Water Demand Fueling Growth Of The Calcium Hypochlorite Industry
• New Product To Provide Enhanced Disinfection Applications
• Asia-Pacific was the largest region in the calcium hypochlorite market in 2023

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The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
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Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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