Press release
Sodium Percarbonate Market is fragmented on the basis of Type, Application, End Use and Region
Based on geography, the Global Sodium Percarbonate Market is divided into five regions namely—North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Among the aforementioned regions, Europe holds the largest market share and accounted for around 41% market share in 2016.Europe Sodium Percarbonate Market is divided into Germany, UK, Russia, France, Spain, Italy, and Rest of Europe. Comparatively, Germany dominated the Sodium Percarbonate Market over other countries in the region and accounted for approximate market value of USD 159.8 million and is expected to reach USD 280.3 million over the forecast period. Some of the prominent factors attributed to the growth are, increasing laundry business, improved overall living standard, improving healthcare business, and increasing usage in textile industry. North America Sodium Percarbonate Market is divided into U.S. and Canada. U.S. accounted for the largest market share and is predicted to grow with a moderate CAGR owing to rising demand from water treatment sector.
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Asia Pacific is estimated to be the second largest market for Sodium Percarbonate, owing to rising consumption of bleaching and cleaning agent in various end use industries such as household, textile, laundry, and water treatment among others. Asia Pacific region accounted for around 31% of the overall global market share in 2016 and is estimated to witness a healthy growth with a CAGR of around 8.25% over the forecast period. Asia Pacific region is segmented into China, Japan, India, and Rest of Asia Pacific. China dominates the market followed by India and Japan. China accounted for around 49% market share in 2016, with a market value of USD 168.5 million and is projected to grow with the highest CAGR over the forecast period. The growth is attributed to the rising standard of living of masses which has resulted in increasing demand for quality drinking water. Furthermore, numerous government initiatives to attract foreign investments is predicted to boost the growth of the Asia Pacific Sodium Percarbonate Market over the forecast period. Moreover, growth of household detergent and bleaching agent market and growing industrial investments in developing market such as China and India are expected to boost the growth of the market over the forecast period.
The Middle East & Africa Sodium Percarbonate Market is expected to witness a moderate growth rate, increasing with a CAGR of around 7.94% over the assessment period. In Middle East & Africa, the United Arab Emirates (UAE) accounted for the largest market share with a value of USD 17.2 million in 2016 and is estimated to continue its dominance during the review period. Growing number of desalination plants to meet the demand for fresh water require reliable disinfection technology which in turn is expected to fuel the market growth in Kuwait, Saudi Arabia, UAE, and other gulf countries. Latin American countries such as Brazil and Argentina are expected to dominate the regional market growth. Brazil accounted for the largest market share in 2016, with a market value of USD 32.3 million and is expected to grow with the highest CAGR during the forecast period in Latin America. Increasing number of public laundry and growing purchasing power is estimated to drive market growth over the forecast period.
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The major players profiled in the Global Sodium Percarbonate Market includes: Solvay AG, Evonik Industries AG, OCI Peroxygens LLC, Kemira, Khimprom, HOGYE HOLDING GROUP CORPORATION LIMITED, JINKE Company Limited., Jiangxi Boholy Chemical Co.,Ltd, Wuxi wanma chemical co.,ltd,, Hodogaya Chemical Co., Ltd.
Key Points from Table of Contents:
1 Report Prolouge
2 Market Definition
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Sodium Percarbonate Market, By Type
7 Global Sodium Percarbonate Market, By Application
8 Global Sodium Percarbonate Market, By End Use
9 Global Sodium Percarbonate Market by Geography
10 Competitive Landscape
11 Company Profile
11.1 Solvay AG 149
11.1.1 Company Overview 149
11.1.2 Product/Business Segment Overview 149
11.1.3 Financials 150
11.1.4 Key Developments 150
11.2 Evonik Industries AG 151
11.2.1 Company Overview 151
11.2.2 Product/Business Segment Overview 151
11.2.3 Financials 151
11.2.4 Key Developments(Remaining) 152
11.3 OCI Peroxygens LLC. 153
11.3.1 Company Overview 153
11.3.2 Product/Business Segment Overview 153
11.3.3 Financials 153
11.3.4 Key Developments 154
11.4 Kemira 155
11.4.1 Company Overview 155
11.4.2 Business/Product Segment 155
11.4.3 Financials 155
11.4.4 Key Developments 156
11.5 Khimprom 157
11.5.1 Company Profile 157
11.5.2 Product/Business Segment Overview 157
11.5.3 Financials 157
11.5.4 Key Developments 157
11.6 Hogye Holding Group Corporation Limited 158
11.6.1 Company Overview 158
11.6.2 Product/Business Segment Overview 158
11.6.3 Financials 158
11.6.4 Key Developments 158
12 Conclusion
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