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Hypochlorous Acid Market Size, Share & Industry Analysis, By Application (Hypoclorite Manufacturing, Sanitizing Agent, Disinfectants, Others), By End Use (Personal Care, Wound Management, Food & Agriculture, Oil & Gas, Water Treatment, Others) And Regional Forecast 2022-2029

Region : Global | Report ID: FBI104312 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Hypochlorous acid (HOCl), a major inorganic bactericidal compound, which is effective against a broad range of microorganisms. It is a weak acid produced by disintegrating chlorine in water. It exhibits good oxidising and microbial features. It is used as a disinfectant agent in medicine, water treatment, and food additives. Sodium and calcium hypochlorite are common derivatives of hypochlorous acid that are most commonly consume. It is easy to store and is highly portable. It is more efficient than chlorine gas. In various applications, such as water treatment, wound control, food & beverages, personal care, and oil & gas, hypochlorous acid is extensively used.


The global demand for hypochloric acid is driven by increasing need of wound healing and disinfecting solutions. It helps to remove chronic wound-based biofilms that inhibit the risk of blood toxicity. The disinfection process involves the destruction of microbes or viruses from the cell wall, enabling the disinfectant to kill or inactivate them. It is also expected that the growing prevalence of wound diseases, such as diabetic foot ulcers, would have a positive effect on market growth. Several COVID-19 disinfectants, including hypochlorous acid, have been recommended by the US Environmental Protection Agency. However, hypochlorous acid is extremely hazardous and if used in condensed form, can create explosive gas. This in turn, restrains the growth of market.


Key Market Driver -

The increased demand for disinfectants is driving the market growth.

Key Market Restraint -

Harmful nature of the acid is likely to restrict the market growth.


Market Segmentation:


Based on application, the market for Hypochlorous acid is further segmented into hypoclorite manufacturing, sanitizing agent, Disinfectants, and Others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global & regional players operating in the Hypochlorous acid market includes, BASF, Lenntech B.V., Arkema S.A., Nouryon, Lonza., Kuehne Company, Tosoh Corporation, Aditya Birla Chemicals, Surpass Chemical Company, Ultrapure HOCL, AGC Chemicals and others.


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the hypochlorous acid market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


In 2019, North America dominated the global hypochlorous  acid market. The growth is driven by increased application of this acid as cleansing agent in cream and lotions manufacturing. Antiviral and antimicrobial nature, are two important properties that helps to heal skin damage by causing epithelial recovery under the skin layer. Hypochlorous  acid is widely adopted in the water treatment industry in the Asia Pacific countries such as China and India. Increased demand for oxidising and sanitising agents to provide good quality water is driving growth of the market in the region. Growing customer perception towards clean water and strict government regulations to safeguard water supply is projected to increase demand in the near future. In Europe, the growth for hypochloric acid is fuelled by rising demand for sodium and calcium hypochlorite in the food & beverage industry in Germany, France and the UK. Due to the heavy reliance on commodity imports, the hypochlorous acid market in the Middle East & Africa and Latin America is likely to rise at a moderate pace during the forecast period.


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Segmentation






















 ATTRIBUTE


  DETAILS

By Application




  • Hypoclorite Manufacturing

  • Sanitizing Agent

  • Disinfectants

  • Others



By End Use




  • Personal Care

  • Wound Management

  • Food & Agriculture

  • Oil & Gas

  • Water Treatment

  • Others



By Geography




  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)



Hypochlorous Acid Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2021
  • 2018-2020

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