Bleaching chemicals are characterized by their particle bleaching property, reactivity, selectivity, efficiency, and weight. Prominent chemicals include sodium hydroxide, sodium hypochlorite, hydrogen peroxide, chlorine, chlorine dioxide, and others. The global bleaching chemicals market report contains an enumerative list of drivers, trends, challenges, and opportunities for the period of 2015 to 2022 (forecast period).

Market Research Future (MRFR) asserts that the global bleaching chemicals market share is projected to grow at a sturdy CAGR during the forecast period (2022 to 2030). Bleaching chemicals are oxidizing and reducing agents used in various applications such as cosmetic personal care, textile industry, household industry, food additive, pulp bleaching, water treatment, carpet industries, epidemic control, and aquaculture. This is exemplified by sodium hypochlorite, a chemical compound most widely used in chlorine bleach. The pulp and paper industry is one of the largest users of bleaching agents, using it to remove the color of the pulp. Adoption of bleaching agents for cosmetic and medical purposes can further boost the growth of the global bleaching chemicals market. Increasing demand for bleaching agents for water treatment solutions supports the growth of the market globally. Growing demand for water treatment also propels the market growth worldwide. In the healthcare sector, hydrogen peroxide is the most common bleaching agent.

However, health issues related to bleaching agents such as damage to skin, and eyes can potentially restrain the growth of the market. But on the other hand, stiff competition between the organized and unorganized sector can lead to greater innovation in the bleaching chemicals market.

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Competition Outlook

Aditya Birla Chemicals
Kemira Oyj
Arrow-Magnolia International
Inc.
Ecolab G.K.
Akzo Nobel Eka
State Industrial Products Corporation
Neutron Industries
3M Company
Hansol Chemicals
and Hercules and Hercules Inc

Segmentation

The global bleaching chemicals market is segmented by type and application.

By type, the market is segmented into sodium dichloroisocyanurate, sodium hypochlorite, chlorine, chlorine dioxide, calcium hypochlorite, and others. Sodium hypochlorite and calcium hypochlorite have captured major market shares in 2014. Water treatment procedures done by major corporations for ensuring the safety of water is likely to induce heavy demand in the market.

Major applications include textile industry, cosmetic personal care, household industry, food additive, pulp bleaching, and others. The household industry is likely to be the biggest application of the global market owing to its use as a cleaning agent. In addition, the food additive application can bode well for the global bleaching chemicals market growth owing to the use in bread and flour-based items. Demand for bread amid the growing global population can positively impact the segment growth. Hydrogen peroxide is one of the biggest agents used in flour, starches, bakery foods, gums, natural sugars, natural oils, and waxes.

Regional Analysis

Geographically, the bleaching chemicals market share is segmented into Asia Pacific, North America, Europe, and Rest-of-the-World.

Among all regions, Asia-Pacific dominates the global bleaching chemicals market. In this region, China is the largest consumer of bleaching chemicals. China, India, Malaysia, and Thailand are expected to witness immense market growth due to growing demand in cosmetic  personal care, textile industry, household industry, food additive, pulp bleaching, water treatment, and other applications. In addition, high incidence of water source contamination can induce growing demand for wastewater treatment solutions, thus leading to growing demand for bleaching chemicals. In addition, bleaching chemicals demand in pulp paper industry in this region is increasing steadily, positively impacting the market.

North America and Europe are expected to experience sluggish growth due to strict regulations on production of bleaching chemicals. Rising environmental awareness and competition from multi-purpose cleaners hampers the bleaching chemicals market growth in these regions. Regions such as Africa and the Middle East have banned cosmetic products containing bleaching chemicals. Government restrictions on bleaching chemicals can pose a threat to the market.

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