Press release
Sodium Hypochlorite Market is Forecasted to Reach US$ 322.12 Million in 2028, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm has launched a report on the global sodium hypochlorite market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://stratviewresearch.com/Request-Sample/1452/sodium-hypochlorite-market.html#form
Report Highlights:
Market Size in 2028: US$ 322.12 million
Growth (CAGR): 5.36% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Sodium Hypochlorite Market:
The global sodium hypochlorite market is segmented based on function type, application type, and region.
Based on function type - The market is segmented as oxidizing, bleaching, odor removal, disinfection, and others. The disinfection segment is estimated to account for the major share of the market during the forecast period. Factors such as the growing surface disinfectant market, the rising need for enhanced healthcare services, and the increasing spending power of consumers on personal hygiene are further expected to fuel the industry's growth during the forecast period.
Based on application type - The market is segmented as agriculture, chemical, water treatment, textile, household, and others. Water treatment is estimated to be the largest application type in the market during the forecast period. Many countries are facing the issue of water scarcity due to which governments are taking various initiatives to reuse the wastewater from municipalities as well as industry. This factor is also helping to maintain an ecological balance, fueling the overall industry growth during the forecast period.
To know the most attractive segments, click here:
https://stratviewresearch.com/1452/sodium-hypochlorite-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is estimated to be the leading region in the market during the forecast period. This growth outlook is majorly attributed to the following-
• Owing to the increasing consumer awareness regarding health and hygiene and growing demand for wastewater treatment in the region.
• India, China, Japan, and South Korea are the major contributors to fueling the growth of the regional market.
• North America and Europe are also expected to offer substantial growth opportunities over the forecast period.
Sodium Hypochlorite Market Drivers:
Some of the key drivers listed in the report are given below.
• The increase in consumption of sanitization products.
• The growing water treatment chemical market.
Top Companies in the Sodium Hypochlorite Market:
Stratview Research has identified the following companies as the top market players.
• AGC Chemicals
• AkzoNobel
• Arkema
• BASF SE
• Hawkins, Inc.
• INEOS
• Olin Corporation
• Solvay
• Sumitomo Chemical Co., Ltd.
• Sunbelt Chemical Corporations.
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Sodium Hypochlorite Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Chlorine Dioxide Market: https://stratviewresearch.com/1587/chlorine-dioxide-market.html
• Industrial Wastewater Treatment Market: https://stratviewresearch.com/1144/industrial-wastewater-treatment-market.html
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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