Sodium Hypochlorite Market - Forecast(2021 - 2026)

 

Sodium Hypochlorite Market Overview

Sodium Hypochlorite Market is forecast to reach $151.8 Million by 2025, after growing at a CAGR of 4.82% during 2020-2025. Sodium hypochlorite market demand is expected to drive global demand for household applications as well as for industrial municipal water treatment applications.The report covers Sodium Hypochlorite Market size by type. Sodium Hypochlorite Market share by top 5 companies and also the market share by start-ups during the forecast period.

Report Coverage

The report: “Sodium Hypochlorite Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Sodium Hypochlorite Market.



Key Takeaways

  • In the next ten years, waterborne diseases will be the world's main problem. This water issue provides the demand for sodium hypochlorite with immense opportunities to grow.
  • Due to the growing population that results in greater needs for clean water, market demand will rise.
  • Sodium hypochlorite is also expected to grow as an oxidizing agent in the chemical industry in the near future.
  • Increasing the adoption of sodium hypochlorite for medical and household applications is another factor leading to further fuel the growth of this market over the forecast period.

Type - Segment Analysis

Food grade segment held the largest share in the Sodium Hypochlorite Market in 2018. It acts as a neutralizing chemical agent for nerve gas disposal and also biocide and pulp digestion chemical in endodontic applications by dentists.

Feedstock Type - Segment Analysis

The bleaching agent segment held the largest share in the Sodium Hypochlorite Market in 2018. In detergents, textiles and paper, and pulp industries bleaching agent it is used. Due to its strong oxidation. It is used in both surface and clothing cleaner formulations.

End-use Industry - Segment Analysis

Wastewater treatment sector has been the primary market for Sodium Hypochlorite for many years with a CAGR of 4.1%. Sodium hypochlorite, due to it's anti-microbial properties and the chlorinating agent is widely used in water treatments as a biocide. It is also used in treating cyanide contamination of industrial wastewater. The water treatment chemical industry is seeing a rapid increase in demand as a result of regulatory pressure to properly manage wastewater released into water bodies from industrial and municipal wastewater. In addition, this has helped the growth of chemicals like sodium hypochlorite for treating wastewater.

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Location: United States

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