Global Sodium Hypochlorite Market – Invention Analysis, Size, Share, Evolution, Styles & Prediction 2025
Sodium Hypochlorite Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of sodium hypochlorite market by application (bleaching, oxidizing, disinfection, deodorizing, and others), end user (water treatment, agriculture, chemical, paint, and others) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the sodium hypochlorite market it includes the five years Industry analysis and the 6 years annual forecast from to 2025. Some of the prominent participants in the global sodium hypochlorite market are Odyssey Manufacturing Co., AGC group, Sunbelt Chemical Corporations, Orica Watercare, Shanghai Polymet Commodities Ltd, Solvay Chem, Akzo Nobel, BASF Chemicals, Olin Chlor Alkali, and Arkema Group. The global sodium hypochlorite market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
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Sodium Hypochlorite Market: Drivers, Restrain and Opportunities
Sodium hypochlorite is used on a large scale in different industries, for instance, it is a compound that effectively used for water purification. It is used for odor removal, surface bleaching, purification, and water disinfection. The water treatment industry is growing rapidly owing to the increasing population that leads to a higher need for safe drinking water. This provides a growing demand for the sodium hypochlorite market. Furthermore, the textile industry continues its dominance during the forecast period owing to the government initiatives to support the domestic industry by increasing import duty on several textile items. The sodium hypochlorite is used to bleach textiles. It is used extensively as a bleaching agent in the detergents, textile and paper, and pulp industries.
Besides this, it is also used in agriculture, paint- and lime, food, glass, pharmaceutical, and synthetics industries. Hence the rapid growth of these end-use industries driving the sodium hypochlorite market. However, exposure to sodium hypochlorite effects on health. People exposed to sodium hypochlorite by inhalation of aerosols. This causes coughing and sore throat. The swallowing of sodium hypochlorite effects is a burning sensation, sore throat, coughing, diarrhea, stomach ache, and vomiting. Further, its effect on skin or eyes causes redness and pain. These factors are restraining the growth of the market. Moreover, growing awareness of sodium hypochlorite in irrigation systems and root canal therapy provides a growth opportunity for the sodium hypochlorite market.
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Asia Pacific Region Holds the Largest Share of Sodium Hypochlorite Market
Asia Pacific region holds the largest share of sodium hypochlorite market owing to the rapid growth of end-user industries such as water treatment and textile. Further, the rapidly growing industrialization provides a demand for water treatment in the industrial sector. This leads to the discharge of industrial waste in water domestic usage and commercial.
Additionally, the presence of a major manufacturer of paints and chemicals in this region contributes to the growth of the sodium hypochlorite market in this region. North America is the second-largest revenue-making region for the sodium hypochlorite market owing to growing consumer awareness for sodium hypochlorite especially in dental care and wastewater treatment applications.
Sodium Hypochlorite Market: Segmentation
The report on the global sodium hypochlorite market covers segments such as application, and end user. On the basis of application, the sub-markets include bleaching, oxidizing, disinfection, deodorizing, and others. On the basis of end user, the sub-markets include water treatment, agriculture, chemical, paint, and others.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the sodium hypochlorite.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.