Sodium hypochlorite is an inorganic chemical compound comprising a sodium cation and a hypochlorite anion. It appears in pale greenish-yellow dilute solution referred to as liquid bleach, which is a household chemical widely used as a disinfectant or a bleaching agent. Sodium hypochlorite is also known as liquid bleach. It is highly reactive, volatile, pale-greenish yellow aqueous solution, and is used as a household chemical since a prolonged time. Sodium hypochlorite is a highly effective bleaching agent, sterilizer, germicide, oxidant, and disinfectant. It is widely used as an active ingredient in water treatment and cleaning solution. It is an important component of cleaning solutions widely used in food processing and veterinary industries.
Market Dynamics
- The waste water treatment segment held the dominant position in the global sodium hypochlorite market in 2021 and is also expected to retain its dominance during the forecast period. This can be attributed to the rapidly growing population and urbanization in emerging economies, which, in turn, will increase the demand for purified drinking water. This trend is further expected to foster the demand for sodium hypochlorite during the forecast period.
- Among regions, Asia Pacific is expected to account for a significant market share during the forecast period (2023-2030), owing to the increasing usage of household bleaching products in emerging economies such as China, Japan, India, and South Korea. Sodium hypochlorite is primarily used in end-use industries such as chemical, manufacturing, and wastewater treatment. India is the second most populated country in the world, and the rapidly increasing disposable income among the population has increased the demand for household products. Such trends in Asia Pacific are expected to boost the demand for sodium hypochlorite in this region during the forecast period.
Key features of the study:
- This report provides an in-depth analysis of the global sodium hypochlorite market, and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global sodium hypochlorite market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- The key companies covered as a part of this study include BASF Chemicals, Odyssey Manufacturing Co., Aditya Birla, AGC group, Orica Watercare, Akzo Nobel, Shanghai Polymet Commodities Ltd., Sumitomo Chemicals, Solvay Chem, Sunbelt Chemical Corporations, Arkema Group, Surpress Chem, and Ineos
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgrade, market expansion, and marketing tactics
- The global sodium hypochlorite market report caters to various stakeholders in this industry including investors, suppliers, sodium hypochlorite manufacturers, distributors, new entrants, and financial analysts
- Stakeholde would have ease in decision-making through various strategy matrices used in analyzing the global sodium hypochlorite market
Detailed Segmentation:
- Global Sodium Hypochlorite Market, By Application:
- Cleaning & Disinfection
- Bleaching
- Chemical Manufacturing
- Global Sodium Hypochlorite Market, By End-use Industry:
- Global Sodium Hypochlorite Market, By Region:
- North America
- Europe
- U.K.
- Italy
- France
- Germany
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East and Africa
- Company Profiles
- BASF Chemicals
- Odyssey Manufacturing Co.
- Aditya Birla
- AGC group
- Orica Watercare
- Akzo Nobel
- Shanghai Polymet Commodities Ltd.
- Sumitomo Chemicals
- Solvay Chem
- Sunbelt Chemical Corporations
- Arkema Group
- Surpress Chem
- Ineos
