0
2021
Sodium Hypochlorite Market

Sodium Hypochlorite Market

by Application (Disinfection & Cleaning, Bleaching, Oxidizing, and Other): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A14440
Pages: 167
Nov 2021 | 2385 Views
Author(s) : Sushant M, and N , Eswara P
Tables: 74
Charts: 71
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Sodium Hypochlorite Market

Request Now !

Sodium Hypochlorite Market Research, 2030

The sodium hypochlorite market was valued at $266.0 million in 2020, and is projected to reach $422.5 million by 2030, growing at a CAGR of 4.7% from 2021 to 2030.

The outbreak of COVID-19 has surged the demand for disinfectant products which has consequently increased the demand for sodium hypochlorite as it is one of the key feedstocks consumed in hygiene and disinfectant products

Sodium hypochlorite, also known as liquid bleach, is made up of a sodium cation and a hypochlorite anion. It is a highly reactive, volatile, pale greenish-yellow aqueous solution, which is used as a household chemical for a prolonged time. Sodium hypochlorite is recognized as a highly effective bleaching agent, sterilizer, germicide, oxidant, and disinfectant. Chlorine gas and caustic soda are combined to produce sodium hypochlorite on a big scale. It is widely used as an active ingredient in water treatment and cleaning solutions due to its powerful disinfection qualities. Moreover, it acts as a chlorinating chemical that keeps swimming pools and drinking water safe, and is used as a significant component in the creation of cleaning solutions for veterinary, food processing, and odor elimination purposes. It is used as a bleaching agent in the paper & pulp and textile industries.

Sodium-Hypochlorite-Market-2021-2030

Owing to rapid urbanization and industrialization, particularly in the emerging nations such as China and India, the demand from the wastewater chemical treatment industry has been witnessed to increase significantly, which notably contributes toward the growth of the sodium hypochlorite market. In the coming years, the sodium hypochlorite market is likely to be boosted by exponentially expanding bleach demand from the textiles and pulp & paper industries. During the forecast period, surge in demand for sodium hypochlorite in the medical industry for disinfecting surgical instruments and hospital rooms is expected to boost the sodium hypochlorite market. Furthermore, rise in awareness about the need for regular and proper disinfection of office spaces, public restrooms, malls, and complexes is fueling demand for sodium hypochlorite, thus propelling the market growth. However, hazardous nature of sodium hypochlorite may hinder the sodium hypochlorite market expansion. 

The COVID-19 pandemic had a significant impact on various industries, including medicine, paper and textiles, resulting in the shutdown of manufacturing plants, a decline in sales, and a disruption in the supply-demand chain. This sales disruption has impacted product demand and consumption, resulting in a significant drop in market growth. The consumer being adaptive and responding to the challenges of COVID-19 that results in creating attractive consumer trends. However, there has been increased in sale for sanitizer during the COVID-19 pandemic and sodium hypochlorite is one of the key feedstocks used in formulating these hygiene and disinfectant products by companies globally.

The sodium hypochlorite market is segmented on the basis of application and region. By application, the market is classified into bleaching & cleaning, oxidizing, disinfectant, deodorizing, and others. Region wise, the sodium hypochlorite market is studied across North America, Europe, Asia-Pacific, and LAMEA. The sodium hypochlorite market share is analyzed across all significant regions. 

Major players operating in the sodium hypochlorite industry include Advance Chemicals, Clorox, Hawkins, ICL, Kemira, Occidental Petroleum, Odyssey Manufacturing, Olin Corporation, PCC Group, and Vynova Group.

Other players operating in the sodium hypochlorite market include AkzoNobel, Arkema, BASF SE, INEOS, Solvay, Sumitomo Chemical Co., Ltd., and Sunbelt Chemical Corporations.

Sodium hypochlorite market, by application

The disinfection & cleaning segment accounted for the largest share of 52%, followed by the bleaching segment. The disinfection & cleaning segment is expected to register a CAGR of 5.0% during the forecast period. This is attributed to increased demand for cleaning and disinfection activities due to COVID-19 outbreak.

Sodium Hypochlorite Market
By Application

Your browser does not support the canvas element.

Disinfection & Cleaning is projected as the most lucrative segment.

Get more information on this report : Request Sample Pages

Sodium hypochlorite market, by region

Europe contributed the 53% market share in 2020, and is projected to grow at CAGR of 4.6% during the forecast period. This is attributed to established consumer base and increased awareness and importance of disinfection.

Sodium Hypochlorite Market
By Region

2030
Europe 
North America
Asia-Pacific
LAMEA

Europe holds a dominant position in 2020 and Asia-Pacific would continue to maintain the lead over the forecast period.

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • The report provides in-depth analysis of the sodium hypochlorite market along with the current trends and future estimations. 
  • The sodium hypochlorite market size is provided in terms of revenue.
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis during the forecast period.
  • The Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the sodium hypochlorite market for strategy building.
  • A comprehensive market analysis covers the factors that drive and restrain the sodium hypochlorite market growth.
  • The qualitative data about market dynamics, trends, and developments is provided in the report.

Impact Of Covid-19 On The Sodium Hypochlorite Market

  • One of the key sectors that reflected immense sales globally during COVID-19 was the sanitizer industry. The impact of the virus spread led to the direct realization of the importance of personal hygiene, which led to the consumption of hand sanitizers and other disinfectant products. Sodium hypochlorite is one of the key feedstocks consumed in formulating these hygiene and disinfectant products by companies globally.
  • 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 sodium hypochlorite market growth.
  • As a result of the consumer's adaptability and response to COVID-19 challenges, attractive consumer trends emerge. Owing to the increased concerns about cleanliness, health, and hygiene, the pandemic has resulted in rapid rise of the consumer products business. According to the household and commercial goods association (HCPA), the annual market value of home care items is over $180 billion, which includes products such as disinfectants and cleaners for commercial and household use. As people become more conscious, they use more of the aforementioned cleaning products, driving the demand for sodium hypochlorite and propelling the market forward. Moreover, increase in demand for products, including hand sanitizers during the pandemic is a factor supporting the sodium hypochlorite market growth.

Sodium Hypochlorite Market Report Highlights

Aspects Details
By Application
  • Disinfection & Cleaning
  • Bleaching
  • Oxidizing
  • Others
By Region
  • North America  (U.S, Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific )
  • LAMEA  (Brazil, UAE, South Africa, Saudi Arabia, Rest of LAMEA )
Key Market Players Advance Chemicals, The Clorox Company, Hawkins, ICL, Kemira, Occidental Petroleum Corporation, Odyssey Manufacturing, Olin Corporation, PCC Group, Vynova Group
 

Loading Table Of Content...


 
 

The sodium hypochlorite market is anticipated to witness growth during the forecast period, driven by increased demand for sodium hypochlorite from diversified end-use industries such as water & wastewater chemical treatment and chemical manufacturing. Furthermore, in the recent COVID-19 global pandemic, sanitizer industry registered high growth, owing to the high demand for sanitizer and thus boosting the demand for sodium hypochlorite. The impact of the virus spread led to the realization of the importance of personal hygiene, which increased the consumption of hand sanitizers and other disinfectant products. Sodium hypochlorite is one of the key feedstocks consumed in formulating these hygiene and disinfectant products by companies globally.

However, the use of chlorine-based disinfectants in domestic drinking water has led to controversy, as the process leads to formation of small quantities of harmful by-products. In addition, transport and handling safety concerns around the use of chlorine gas is hindering the sodium hypochlorite market growth.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The increased demand for sodium hypochlorite from wastewater treatment chemical industry coupled with rising industrialization and urbanization is driving the demand for sodium hypochlorite.

A. The global sodium hypochlorite market was valued at $266.0 million in 2020, and is projected to reach $422.5 million by 2030, growing at a CAGR of 4.7% from 2021 to 2030.

A. Occidental Petroleum Corporation, PCC Group, Olin Corporation, Clorox are some of the established players of the sodium hypochlorite market

A. The disinfection & cleaning segment accounted for the largest share i.e., 52% and is expected to register a CAGR of 5.0% during the forecast period

A. Segments covered in the sodium hypochlorite market are application and region.

A. Increased demand from various end use industries pharmaceutical, agricultural, chemical, textile, and healthcare for disinfection & cleaning purpose is primarily driving the demand for sodium hypochlorite.

A. Disinfection and cleaning segment is expected to drive the adoption of sodium hypochlorite owing to the demand for disinfectant form various end use industry.

A. 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 market growth.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Sodium Hypochlorite Market

Start reading instantly.
This Report and over 19,603+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,712
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Nov 2022 - Nov 2023)
  • Data Pack
  • $4,125
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Nov 2022 - Nov 2023)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Nov 2022 - Nov 2023)
  • Five Users
  • $6,929
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Nov 2022 - Nov 2023)
  • Enterprise
    License/PDF

  • $10,663
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Nov 2022 - Nov 2023)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers