A recent report published by Infinium Global Research on bleaching agents market provides in-depth analysis of segments and sub-segments in the global as well as regional bleaching agents market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional bleaching agents market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global bleaching agents market. According to the report, the global bleaching agents market is projected to grow at a CAGR of 5.9% over the forecast period of 2019-2025.
The growing demand of the bleaching agents in several different application as textile purpose, domestic & industrial cleaning, and water cleaning is helping to boost the demand of the bleaching agents. Further, the growing application of the bleaching agents for numerous medical application such as in the dentistry is helping to grow the demand of bleaching agents in a sustainable way. Further, growing application of the several bleaching agents as the anti-bacterial purpose is facilitating their application as disinfecting and sterilizing agents for swimming pool sanitation, and bleaching of wood pulp purpose is helping to boost the demand in a positive direction.
The growing demand of the bleaching agents for the different application in the industries, medical and domestic purpose is helping to grow the demand of the bleaching agents around the world. Further, the growing urbanization and increasing demand of different type of antibacterial agents to maintain the building, swimming pool, and other water bodies are helping to grow the demand of the different type of the bleaching products. Additionally, increasing incidence of water contamination and growing demand for the clean water is helping to grow the demand of the bleaching agents for the application. However, the lack of awareness among the consumers about the different application of the bleaching agents is restricting the demand for the different type of bleaching products.
Geographically, the bleaching agents market is segmented into four regions namely, North America, Europe, the Asia-Pacific, and RoW. The North America is the largest market of the bleaching agent products, owing to the presence of several companies in this region. Further, the presence of the knowledgeable consumer group in this region is helping to grow the demand of the bleaching agents in this region. Europe is the second-largest market of the bleaching agent after North America. The Asia-Pacific is expected to grow at the highest CGAR, owing to the growing demand of the different type of bleaching products for industrial and domestic purpose. Additionally, growing urbanization and water contamination issue in this region is helping to grow the demand of the bleaching agents in this region at the high CAGR during the forecast period.
The report on global bleaching agents market covers segments such as type, form, and application. On the basis of type, the sub-markets include azodicarbonamide, hydrogen peroxide, ascorbic acid, acetone peroxide, chlorine dioxide, and other types. On the basis of form, the sub-markets include powder, and liquid. On the basis of application, the sub-markets include bakery products, flour, cheese, and other applications.
The report provides profiles of the companies in the market such as Gujarat Alkalise and Chemicals Ltd., (GACL), Engrain, Spectrum Chemicals, Supraveni Chemicals Pvt Ltd., PeroxyChem LLC, Siemer Milling Co, Hawkins, Inc, Akzo Nobel N.V., Solvay S.A., and Evonik Industries AG.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of bleaching agents market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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