Press release
Sodium Percarbonate Market is expected to grow at a CAGR of 8.24%
Segment Analysis:The Global Sodium Pearbonate Market is segmented into type, application, end use, and region. On the basis of type, the global market has been segmented into coated, uncoated and tablet. Among these, coated type of Sodium Percarbonate dominate the segment and accounted for around 60% market share among others. On the basis of application, the market is divided into detergent agent, cleaning agent, bleaching agent, water treatment, and others. Among these, detergent agent segment has accounted for around 48% market share in 2016, with a market value of USD 551.2 million and is predicted to grow with the highest CAGR of 11.09% during the forecast period. End use segment comprised of household cleaning, laundry, industrial cleaning, textile industry, papermaking industry, chemical industry, food industry, others. Household segment is expected to be the largest segment and exhibit 53% of market share in 2016, with a market value of USD 607.4 million and is predicted to grow with a healthy CAGR owing to rising urbanization and growing purchasing power.
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Laundry holds the second largest segment and is expected to grow with the highest CAGR of 8.29% during the assessment period. Increasing population and rising tourism activities are the key driving factors for the growth of laundry segment in the upcoming years.
Regional Analysis:
Regionally, Sodium Percarbonate Market is segmented into five regions namely North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among all the regions, Europe dominates the market and accounted for around 41% of the overall market share in 2016, and predicted to reach USD 816 million during the review period. Asia Pacific is expected to grow with the highest CAGR of around 8.25% during the assessment period. China and India are expected to be the key dominating market due to strong growth in industrial sector. In 2016, European market is trailed by Asia Pacific, which is followed by North America. Developed regions such as Latin America and North America are predicted to witness a significant growth owing to stringent regulatory framework along with the high technology advancement.
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Key Points from Table of Contents:
11 Company Profile
11.1 Solvay AG
11.1.1 Company Overview
11.1.2 Product/Business Segment Overview
11.1.3 Financials
11.1.4 Key developments
11.2 Evonik Industries AG
11.2.1 Company Overview
11.2.2 Product/Business Segment Overview
11.2.3 Financials
11.2.4 Key Developments (remaining)
11.3 OCI Peroxygens LLC.
11.3.1 Company Overview
11.3.2 Product/Business Segment Overview
11.3.3 Financials
11.3.4 Key Developments
11.4 Kemira
11.4.1 Company Overview
11.4.2 Business/Product Segment
11.4.3 Financials
11.4.4 Key Developments
11.5 Khimprom
11.5.1 Company Profile
11.5.2 Product/Business Segment Overview
11.5.3 Financials
11.5.4 Key Developments
11.6 Hogye Holding Group Corporation Limited
11.6.1 Company Overview
11.6.2 Product/Business Segment Overview
11.6.3 Financials
11.6.4 Key developments
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