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Hypochlorous Acid Market to Record 7.9% CAGR Growth Through 2029 | Global Analysis Report
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.Hypochlorous Acid Market Outlook: How is the Market Expected to Grow by 2025?
The market for hypochlorous acid has experienced a robust growth in the past few years. Its size is expected to increase from $5.4 billion in 2024 to $5.8 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.4%. This growth during the past years can be credited to a number of factors such as the rise in usage in veterinary practices, expansion in food sector, progression of the e-commerce industry, heightened sales of portable sanitizers, and an increase in awareness about health risks.
Hypochlorous Acid Market Forecast: What Size Will It Reach By 2029?
Expectations are high for a significant expansion in the hypochlorous acid market size in the coming years. By 2029, predictions are for this market to have grown to $7.86 billion with a compound annual growth rate (CAGR) of 7.9%. Contributing factors to the projected growth during the forecast period are improved infection control methods, the focus on cost-efficiency, eco-friendly and sustainable chemicals, growth in the cosmetics industry, and an increase in veterinary healthcare services. Key trends to watch during this period include portable devices, development of intelligent systems, progressive achievements in electrolyzed water production, a biodegradable characteristic, and the availability of ready-to-use hypochlorous acid solutions.
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Which Key Market Drivers Will Shape Hypochlorous Acid Industry Trends in 2025-2029?
The increasing emphasis on food safety and sanitation is projected to fuel the expansion of the hypochlorous acid market in the future. These safety measures and regulations are designed to ensure that food is safe for consumption and does not contain any harmful contaminants, effectively protecting public health. The amplified emphasis on food safety and cleanliness can be traced back to a variety of factors, such as the concern for public health, increased consumer awareness, and a priority on sustainability. Hypochlorous acid, known for its potent antimicrobial qualities, is especially useful for disinfecting surfaces, apparatus, and food products, thereby reducing the risk of foodborne diseases. For example, in December 2022, according to the Eurobarometer, a public opinion survey by the European Commission based in Belgium, almost half of Europeans (46%) showcased equal concern for food safety and sustaining a nutritious diet. In contrast, about 31% emphasized a healthy diet over food safety, and a mere 21% were more concerned about food-related hazards. Hence, the rising significance of food safety and sanitation is stimulating the growth of the hypochlorous acid market.
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What Are the High-Growth Segments in the Hypochlorous Acid Market?
The hypochlorous acid market covered in this report is segmented -
1) By Type: Sodium Hypochlorite, Calcium Hypochlorite, Other Types
2) By Application: Sanitizing Agent, Disinfecting Agent, Oxidizing Agent, Other Applications
3) By End Use: Personal Care, Wound Management, Food And Agriculture, Oil And Gas, Water Treatment, Other End Uses
Subsegments:
1) By Sodium Hypochlorite: Liquid Sodium Hypochlorite, Solid Sodium Hypochlorite, Sodium Hypochlorite Solution For Industrial Use, Sodium Hypochlorite Solution For Household Use
2) By Calcium Hypochlorite: Granular Calcium Hypochlorite, Tablets of Calcium Hypochlorite, Calcium Hypochlorite For Water Treatment, Calcium Hypochlorite For Pool Maintenance, Other Types
3) By Other Types: Potassium Hypochlorite, Magnesium Hypochlorite, Hypochlorous Acid Solutions
Which Global Trends Are Driving Hypochlorous Acid Market Expansion?
Key players in the hypochlorous acid market are advancing their product range and efficacy by introducing innovative products like mist sprays. A mist spray is a light, fine spray of fluid used for moisturizing, refreshing, or uniformly applying skincare products to the skin. A case in point is Sonoma Pharmaceuticals Inc., a pharmaceutical enterprise based in the USA, which unveiled Lumacyn Clarifying Mist in January 2024. This is a completely natural, pH-balanced toner containing stabilized hypochlorous acid to alleviate redness, irritation, and skin blemishes. Being devoid of fragrances and additives makes it compatible with all skin types and suitable for people of all ages. This product is offered directly to consumers and is accessible over the counter in the United States. It's wholly natural, pH-neutral, and free from additives and fragrances, making it safe for users of all ages and skin varieties.
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Who Are the Fastest-Growing Companies in the Hypochlorous Acid Industry?
Major companies operating in the hypochlorous acid market are BASF SE, AGC Inc., Olin Corporation, Tosoh Corporation, The Clorox Company, Nipro Corporation, WCS Environmental Ltd, Hawkins Inc., RX Marine International, Kuehne Company, Aditya Birla Chemicals Ltd, Surpass Chemical Co Inc., Sonoma Pharmaceuticals Inc., Innova Corporate, EcoloxTech, Aqualution Systems Ltd., Acuro Organics Limited, Lenntech B.V., Junsei Chemical Co. Ltd., Sterasure Inc., Ultrapure HOCL, Tianjin Ruifuxin Chemical Co. Ltd
What Is the Regional Outlook for the Hypochlorous Acid Market by 2029?
North America was the largest region in the hypochlorous acid market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hypochlorous acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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