Technavio, a leading provider of market research reports, has released its latest study on Bleach Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges. The global bleach market has experienced significant growth due to the increased demand for surface disinfectants in the healthcare sector and food industry following the COVID-19 pandemic. In response to the pandemic, the World Health Organization (WHO) issued guidelines on enhanced hygiene standards for healthcare facilities, emphasizing the importance of reducing the transmission of pathogens to healthcare workers and patients. These guidelines have targeted hospital administrators, public healthcare officials, healthcare workers, and patients, leading to heightened awareness and a substantial need for bleaches as effective disinfectants. As a result, the forecast period is expected to witness increased consumption of hypochlorite bleaches, contributing significantly to the expansion of the global bleach market.
The global bleach market size is estimated to grow by USD 392.9 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.36% during the forecast period. Increasing demand for bleaches for water treatment is driving market growth, with a trend towards rising demand of bleaches for surface disinfectants However, biodegradation and biohazard risks poses a challenge.Key market players include Aditya Birla Management Corp. Pvt. Ltd., Arkema SA, Ashland Inc., BASF SE, Clariant AG, Ecolab Inc., EnviroChem International Pty Ltd., Evonik Industries AG, Gujarat Alkalies and Chemicals Ltd., Hawkins Inc., Hill Brothers Chemical Co., Kemira Oyj, Mitsubishi Gas Chemical Co. Inc., Nouryon, Solvay SA, Sree Rayalaseema Hi Strength Hypo Ltd., Stearns Packaging Corp., Swastik Chemicals, and The Clorox Co..
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The global specialty chemicals market encompasses businesses specializing in the production of high-value-added chemicals utilized in the manufacturing sector. This market includes entities engaged in the production of fine chemicals, advanced additives, polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio, the market size is determined by the consolidated revenue generated by these manufacturers. Key growth drivers for the specialty chemicals market include the increasing demand for specialty adhesives and sealants, which are expected to significantly contribute to market expansion throughout the forecast period.
The Bleach Market is experiencing significant growth, fueled by the Increasing demand for bleaches for water treatment. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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The Bleach Market encompasses a wide range of chlorine compounds used as bleaching agents for various applications. These agents, including chlorine-based bleaches like calcium hypochlorite and sodium hypochlorite, are essential in industries like textile, printing, and dyeing for color removal and whitening properties. In the textile sector, they decolorize and purify fibers, ensuring high quality and purity in the final product. Hydrogen peroxide is another common bleaching agent with whitening properties, used in both industrial processes and household cleaning. It offers low toxicity and biodegradability, making it an eco-friendly alternative to chlorine-based agents. Bleaching agents are also used as disinfectants and antimicrobial agents due to their ability to kill bacteria and viruses. In water treatment, they remove impurities and improve water quality. In laundry, they effectively remove dirt and stains, making them indispensable in household cleaning. The global bleaching agent market is expected to grow due to increasing demand from various industries and the versatility of these agents. However, concerns over the environmental impact of chlorine-based bleaches may drive the market towards more eco-friendly alternatives like hydrogen peroxide.
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