"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Sodium Hypochlorite Market Size, Share & COVID-19 Impact Analysis, By Application (Water Treatment, Paper Industry, Textile Industry, Medical, and Others), and Regional Forecast, 2021-2028

Region : Global | Format: PDF | Report ID: FBI105064

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global sodium hypochlorite market size was USD 261.7 million in 2020 and is projected to reach USD 385.6 million by 2028, registering a CAGR of 5.0% during the forecast period.


Sodium hypochlorite is a greenish-yellow hypochlorous sodium salt, also known as liquid bleach. The method used for producing NaOCl is the electrolysis of brine. This product is the primary ingredient in laundry bleach used for laundry whitening, stain removing, and sanitizing for consumer and institutional laundry. The product also has application as a bleaching agent in the medical, textile, and paper & pulp industries.


Disinfecting water is done on an institutional level by the government to provide clean drinking water to schools, residential units, offices, and public parks & malls. The growing population and improving lifestyle and hygiene of consumers are supporting the high demand for NaOCl. Manufacturers also treat industrial waste before releasing it in the water streams and rivers to lower the pollution level. The rising awareness regarding environmental protection is a major factor driving the NaOCl market growth.


Adoption of Hygiene and Health Products to Boost Market Growth amid COVID-19 Outbreak


The COVID-19 outbreak has severely affected several industries such as textile, paper, and medical, causing a temporary shutdown of manufacturing plants, leading to a drop in sales and disturbance in the supply-demand chain. This disruption in sales has affected the demand and consumption of products, leading to a substantial decline in the market growth. The consumer being adaptive and responding to the challenges of COVID-19 that results in creating attractive consumer trends.


The pandemic has led to the rapid expansion of the consumer goods industry due to the growing concern about cleanliness, health, and hygiene. According to the Household and Commercial Products Association (HCPA), the home care products value stood at the market value of around USD 180 billion per annum that includes products such as disinfectants and cleaners for commercial and home applications. The growing awareness leads to the high consumption of the aforementioned cleaning products, which will further surge the demand for NaOCl and lead to market growth. Moreover, the growing demand for products including hand sanitizers during the pandemic is a factor supporting the market size growth.


LATEST TRENDS


Request a Free sample to learn more about this report.


High Demand from Water Treatment Chemical Producers to Provide Growth Opportunities


The growing demand for the product from the water treatment chemical industry is positively affecting the market growth. Chlorine is an essential ingredient of disinfectants as it can kill pathogens such as bacteria and fungi. This product is used for the purification and treatment of water & sewage, swimming pools, homes, hospitals, schools, drinking water, and surgical instruments.


Moreover, proper and continuous disinfection of public toilets, office spaces, outer areas, public complexes, and malls as a result of improving hygiene practices among consumers has led to the high demand for this product. Increasing precautions taken by companies during manufacturing processes to produce high-quality and unadulterated products to maintain the hygiene of employees and consumers is further leading to high product consumption.


DRIVING FACTORS


Increasing Demand for NaOCl from Household Products Manufacturers to Aid Growth


Bleach is majorly utilized in the household industry for products such as detergents, surface cleaners, cleaning products, hand wash, disinfectants, and color bleaches. The rising demand for these products is one of the major factors driving the market. The growing consciousness towards quality household products for maintaining good hygiene and cleanliness is another factor supporting growth. Moreover, the upward consumption of products such as sanitizers is substantially supporting this market.


Furthermore, the growing trend of home bleaching clothes to enhance the outer appearance and improve one’s fashion sense is also positively affecting the market. At the same time, the medical industry has shown rapid growth during the pandemic, thereby leading to the high consumption of this product for disinfecting wipes, hard surfaces, and surgical instruments. These aforementioned factors are expected to have a strong market growth potential.


RESTRAINING FACTORS


Harmful Effects of Products May Hinder Market Growth


Sodium hypochlorite is a harmful chemical when it makes human contact. Concentrated solutions of the product can cause skin burn, irritation, and eye damage. This product destroys and saponifies the substance, making skin elastic. The chlorine fumes released out of products made from NaOCl may cause gas poisoning and lung damage. The risk associated with the use of liquid bleach may hinder the market growth. In addition, governmental regulations over product usage due to the above-mentioned reasons are further hindering the market. Moreover, the availability of substitutes, including citric acid, calcium hypochlorite, and lithium hypochlorite, is expected to restrict the market growth.


SEGMENTATION


By Application Analysis


To know how our report can help streamline your business, Speak to Analyst


Cleaning & Disinfection Segment to Hold Major Share during the Forecast Period


On the basis of application, the market is segmented into water treatment, paper industry, textile industry, medical, and others. The water treatment segment dominated the market in 2020 due to the high demand for clean drinking water in residential structures, homes, offices, and public malls, as well as demand for clean water in ponds, swimming pools, and bathing areas. This product is used for municipal water treatment as it contains chlorine which is a disinfectant used over viruses and bacteria. The demand for this product can be associated with growth in the population and urbanization in developing regions.


In the medical industry, liquid bleach is widely used for the disinfection of rooms and surgical instruments. This product is also intended to be used in the treatment of wounds, skin, and mucous membranes. In dentistry, it is used as an antiseptic for treating cavities or caries. Textile and paper industries use sodium hypochlorite as a bleaching agent for fabrics, papers, and leathers. In the others segment, this product is used to synthesize organic compounds by reacting the material with strong acids and reducing agents.


REGIONAL INSIGHTS


Asia Pacific Sodium Hypochlorite Market Size, 2020 (USD Million)

To get more information on the regional analysis of this market, Request a Free sample


Asia Pacific dominated the sodium hypochlorite market with a value of USD 109.8 million in 2020. The growing demand for liquid bleach can be associated with the low cost and easy availability of raw materials and labor. China accounted for the major share in the market due to the inclining industrialization and rapid growth of population. This, in turn, has led to increasing demand for treated water and is further surging the market growth.


North America is estimated to have a significant growth, which can be associated with the high technological innovation and rising consumer awareness regarding cleanliness and hygiene supported by disposable income in the region. The increasing demand for this product from the medical industry for disinfecting beds & tables, hard surfaces, and surgical equipment are leading to the NaOCl market growth.


The European region is expected to grow and will showcase substantial market growth during the forecast period. The growing demand for this product from several industries such as paper, textile, and consumer goods is projected to drive the market. The economic development within countries such as Germany, France, and the U.K. is causing significant demand for sodium hypochlorite in products such as detergents, surface cleaners, and diluted bleaches.


To know how our report can help streamline your business, Speak to Analyst


Latin America is expected to have steady market growth. Brazil is anticipated to exhibit high demand for this product due to the rapid urbanization and growing economic development. Growth in the consumer goods industry is also leading to the demand for liquid bleach. The market in the Middle East & Africa is growing rapidly as raw materials are available easily. Thus, the production cost is low. Moreover, the high disposable income in the textile industry, along with the improving lifestyle of consumers within the region, is further propelling the sodium hypochlorite market growth.


KEY INDUSTRY PLAYERS


Joint Ventures and Capacity Expansion are Key Strategic Initiatives Implemented by Companies


Key players operating in the industry are PCC Group, ThyssenKrupp, Marsina Engineering Srl, OxyChem Corporation, and Tessenderlo Group. These companies are adopting strategies such as new product development, portfolio improvement, capacity increase, and acquisitions to gain a competitive advantage in the global market. For example, ICL is one of the major producers of NaOCl that provides the product in various grades having dilution from 1% to 15%. Hawkins is a sodium hypochlorite (bleach) manufacturer and has multiple facilities that distribute high-quality bleach.


LIST OF KEY COMPANIES PROFILED:



  • PCC Group (Poland)

  • ThyssenKrupp (Germany)

  • Marsina Engineering Srl (Italy)

  • OxyChem Corporation (U.S.)

  • Tessenderlo Group (Belgium)

  • Olin Corporation. (U.S.)

  • Vynova Group (Belgium)

  • Ennore India Chemical International (India)

  • Hawkins, Inc. (U.S.)

  • ICL  (UK)

  • Other Key Players


KEY INDUSTRY DEVELOPMENTS:



  • September 2020: ThyssenKrupp has locally engineered and manufactured a custom-designed, portable sodium hypochlorite disinfection traveler unit for covering disinfectant in COVID-19 hotspot areas for reducing the spread of the virus.


REPORT COVERAGE


An Infographic Representation of Sodium Hypochlorite Market

To get information on various segments, share your queries with us



The global market research report provides a detailed sodium hypochlorite industry analysis and focuses on crucial aspects such as leading companies and applications. Also, it offers insights into market trends and highlights vital industry developments. In addition to the factors mentioned above, the report encompasses various factors that have contributed to the growth rate of the market over recent years.


Report Scope & Segmentation










































  ATTRIBUTE



  DETAILS



Study Period



  2017-2028



Base Year



  2020



Forecast Period



  2021-2028



Historical Period



  2017-2019



Unit



  Volume (Kiloton); Value (USD Million)



Segmentation



   By Application and By Geography



By Application


 




  • Water Treatment

  • Paper Industry

  • Textile Industry

  • Medical

  • Others



By Geography




  • North America (By Application, and By Country)

    • U.S. (By Application)

    • Canada (By Application)



  • Europe (By Application, and By Country)

    • France (By Application)

    • Germany (By Application)

    • UK (By Application)

    • Italy (By Application)

    • Rest of Europe (By Application)



  • Asia Pacific (By Application and By Country)

    • China (By Application)

    • India (By Application)

    • Japan (By Application)

    • Rest of Asia Pacific (By Application)



  • Latin America (By Application and By Country)

    • Brazil (By Application)

    • Rest of Latin America (By Application)



  • Middle East & Africa (By Application, and By Country)

    • South Africa (By Application)

    • Rest of Middle East & Africa (By Application)





Frequently Asked Questions

Fortune Business Insights says that the global market size was USD 261.7 million in 2020 and is projected to reach USD 385.6 million by 2028.

In 2020, the market value stood at USD 261.7 million.

Registering a CAGR of 5.0%, the market will exhibit steady growth in the forecast period (2021-2028).

The water treatment segment is expected to lead this market during the forecast period.

The increasing demand for the product from the textile, paper, medical, and consumer goods industries is a key factor driving the market growth.

PCC Group, ThyssenKrupp, Marsina Engineering Srl, OxyChem Corporation, and Tessenderlo Group are few leading players in the market.

Asia Pacific held the highest share in the market

The continuous growth in the medical and textile industries, along with the high demand from the consumer goods industry, shall drive the product demand

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
Sodium Hypochlorite Market  Size, Share and Global Industry Trend Forecast till 2026
  • Mar, 2021
  • 2020
  • 2017-2019
  • 200

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

BASF
uniliver
Iwatani
Mobil
Mckinsey

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X