A recent report published by Infinium Global Research on sodium
hypochlorite market provides an in-depth analysis of segments and sub-segments in
the global as well as regional sodium hypochlorite market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional sodium hypochlorite market over the short term as well as long term.
The report is a comprehensive presentation of trends, forecast and dollar
values of the global sodium hypochlorite market. According to the report, the
global sodium hypochlorite market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
Sodium hypochlorite is a slightly yellowish solution with a
characteristic odor. It is a basic inorganic chemical. It is used within the
industry to manufacture other substances, to treat textiles as a powerful
biocide for industrial sites such as the treatment of water for cooling
systems. This substance is used to disinfect public water supplies and public
swimming pools. Further, it is used as a disinfectant, bleach, and cleaner
within a home.
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.
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.
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.
The report provides profiles of the companies in the market such
as 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 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 the sodium
hypochlorite 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.