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2021
Sodium Hypochlorite Market

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

A14440
Pages: 167
Nov 2021 | 138 Views
   
Author(s) : Sushant Moon, and Amit Narune , Eswara Prasad
Tables: 74
Charts: 71
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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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

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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

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Disinfection & Cleaning is projected as the most lucrative segment.

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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.

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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.

Key Market Segments

  • 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
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter's five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Increase in demand for water treatment chemicals
3.4.1.2.Surge in demand from various industries

3.4.2.Restraint

3.4.2.1.Harmful effects associated with the use of sodium hypochlorite

3.4.3.Opportunity

3.4.3.1.Rise in demand from healthcare industry

3.5.Value chain
3.6.Impact of COVID-19 outburst on the sodium hypochlorite market

CHAPTER 4:SODIUM HYPOCHLORITE MARKET, BY APPLICATION

4.1.Overview

4.1.1.Market size and forecast

4.2.Disinfection & cleaning

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Bleaching

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Oxidizing

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

CHAPTER 5:SODIUM HYPOCHLORITE MARKET, BY REGION

5.1.Overview

5.1.1.Market size and forecast

5.2.North America

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by application
5.2.3.Market size and forecast, by country

5.2.3.1.U.S.

5.2.3.1.1.Market size and forecast, by application

5.2.3.2.Canada

5.2.3.2.1.Market size and forecast, by application

5.2.3.3.Mexico

5.2.3.3.1.Market size and forecast, by application

5.3.Europe

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by application
5.3.3.Market size and forecast, by country

5.3.3.1.Germany

5.3.3.1.1.Market size and forecast, by application

5.3.3.2.France

5.3.3.2.1.Market size and forecast, by application

5.3.3.3.UK

5.3.3.3.1.Market size and forecast, by application

5.3.3.4.Spain

5.3.3.4.1.Market size and forecast, by application

5.3.3.5.Italy

5.3.3.5.1.Market size and forecast, by application

5.3.3.6.Rest of Europe

5.3.3.6.1.Market size and forecast, by application

5.4.Asia-Pacific

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by application
5.4.3.Market size and forecast, by country

5.4.3.1.China

5.4.3.1.1.Market size and forecast, by application

5.4.3.2.Japan

5.4.3.2.1.Market size and forecast, by application

5.4.3.3.India

5.4.3.3.1.Market size and forecast, by application

5.4.3.4.South Korea

5.4.3.4.1.Market size and forecast, by application

5.4.3.5.Australia

5.4.3.5.1.Market size and forecast, by application

5.4.3.6.Rest of Asia-Pacific

5.4.3.6.1.Market size and forecast, by application

5.5.LAMEA

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by application
5.5.3.Market size and forecast, by country

5.5.3.1.Brazil

5.5.3.1.1.Market size and forecast, by application

5.5.3.2.UAE

5.5.3.2.1.Market size and forecast, by application

5.5.3.3.Saudi Arabia

5.5.3.3.1.Market size and forecast, by application

5.5.3.4.South Africa

5.5.3.4.1.Market size and forecast, by application

5.5.3.5.Rest of LAMEA

5.5.3.5.1.Market size and forecast, by application

CHAPTER 6:COMPETITIVE LANDSCAPE

6.1.Introduction

6.1.1.Competitive heatmap

CHAPTER 7:COMPANY PROFILES

7.1.PCC GROUP

7.1.1.Company overview
7.1.2.Key executives
7.1.3.Company snapshot
7.1.4.Product portfolio
7.1.5.Business performance

7.2.OCCIDENTAL PETROLEUM CORPORATION

7.2.1.Company overview
7.2.2.Key executives
7.2.3.Company snapshot
7.2.4.Product portfolio
7.2.5.Business performance

7.3.Olin Corporation

7.3.1.Company overview
7.3.2.Key executives
7.3.3.Company snapshot
7.3.4.Product portfolio
7.3.5.R&D expenditure
7.3.6.Business performance

7.4.VYNOVA GROUP

7.4.1.Company overview
7.4.2.Key executives
7.4.3.Company snapshot
7.4.4.Product portfolio

7.5.Hawkins

7.5.1.Company overview
7.5.2.Key executives
7.5.3.Company snapshot
7.5.4.Product portfolio
7.5.5.Business performance

7.6.ICL

7.6.1.Company overview
7.6.2.Key executives
7.6.3.Company snapshot
7.6.4.Product portfolio

7.7.ODYSSEY MANUFACTURING CO

7.7.1.Company overview
7.7.2.Key executives
7.7.3.Company snapshot
7.7.4.Product portfolio

7.8.THE CLOROX COMPANY

7.8.1.Company overview
7.8.2.Key executives
7.8.3.Company snapshot
7.8.4.Product portfolio
7.8.5.R&D expenditure
7.8.6.Business performance

7.9.KEMIRA

7.9.1.Company overview
7.9.2.Key executives
7.9.3.Company snapshot
7.9.4.Operating business segments
7.9.5.Product portfolio
7.9.6.R&D expenditure
7.9.7.Business performance

7.10.ADVANCE CHEMICALS

7.10.1.Company overview
7.10.2.Key executives
7.10.3.Company snapshot
7.10.4.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL SODIUM HYPOCHLORITE MARKET, BY REGION, 2020–2030($MILLION)
TABLE 02.SODIUM HYPOCHLORITE MARKET FOR DISINFECTION & CLEANING, BY REGION, 2020–2030($MILLION)
TABLE 03.SODIUM HYPOCHLORITE MARKET FOR BLEACHING, BY REGION, 2020–2030($MILLION)
TABLE 04.SODIUM HYPOCHLORITE MARKET IN OXIDIZING, BY REGION, 2020–2030($MILLION)
TABLE 05.SODIUM HYPOCHLORITE MARKET FOR OTHER APPLICATION, BY REGION, 2020–2030($MILLION)
TABLE 06.SODIUM HYPOCHLORITE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 07.NORTH AMERICA SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 08.NORTH AMERICA SODIUM HYPOCHLORITE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 09.U.S. SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 10.CANADA SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 11.MEXICO SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 12.EUROPE SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 13.EUROPE SODIUM HYPOCHLORITE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 14.GERMANY SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 15.FRANCE SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 16.UK SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 17.SPAIN SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 18.ITALY SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 19.REST OF EUROPE SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 20.ASIA-PACIFIC SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 21.ASIA-PACIFIC SODIUM HYPOCHLORITE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 22.CHINA SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 23.JAPAN SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 24.INDIA SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 25.SOUTH KOREA SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 26.AUSTRALIA SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 27.REST OF ASIA-PACIFIC SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 28.LAMEA SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 29.LAMEA SODIUM HYPOCHLORITE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 30.BRAZIL SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 31.UAE SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 32.SAUDI ARABIA SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 33.SOUTH AFRICA SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 34.REST OF LAMEA SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 35.PCC GROUP: KEY EXECUTIVES
TABLE 36.PCC GROUP: COMPANY SNAPSHOT
TABLE 37.PCC GROUP: PRODUCT PORTFOLIO
TABLE 38.PCC GROUP: NET SALES, 2018–2020 ($MILLION)
TABLE 39.OXYCHEM: KEY EXECUTIVES
TABLE 40.OXYCHEM: COMPANY SNAPSHOT
TABLE 41.OXYCHEM: PRODUCT PORTFOLIO
TABLE 42.OXYCHEM: NET SALES, 2018–2020 ($MILLION)
TABLE 43.OLIN: KEY EXECUTIVES
TABLE 44.OLIN: COMPANY SNAPSHOT
TABLE 45.OLIN: PRODUCT PORTFOLIO
TABLE 46.OLIN: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 47.OLIN: NET SALES, 2018–2020 ($MILLION)
TABLE 48.VYNOVA: KEY EXECUTIVES
TABLE 49.VYNOVA: COMPANY SNAPSHOT
TABLE 50.VYNOVA: PRODUCT PORTFOLIO
TABLE 51.HAWKINS: KEY EXECUTIVES
TABLE 52.HAWKINS: COMPANY SNAPSHOT
TABLE 53.HAWKINS: PRODUCT PORTFOLIO
TABLE 54.HAWKINS: NET SALES, 2018–2020 ($MILLION)
TABLE 55.ICL: KEY EXECUTIVES
TABLE 56.ICL: COMPANY SNAPSHOT
TABLE 57.ICL: PRODUCT PORTFOLIO
TABLE 58.ODYSSEY: KEY EXECUTIVES
TABLE 59.ODYSSEY: COMPANY SNAPSHOT
TABLE 60.ODYSSEY: PRODUCT PORTFOLIO
TABLE 61.CLOROX: KEY EXECUTIVES
TABLE 62.CLOROX: COMPANY SNAPSHOT
TABLE 63.CLOROX: PRODUCT PORTFOLIO
TABLE 64.CLOROX: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 65.CLOROX: NET SALES, 2018–2020 ($MILLION)
TABLE 66.KEMIRA: KEY EXECUTIVES
TABLE 67.KEMIRA: COMPANY SNAPSHOT
TABLE 68.KEMIRA: OPERATING SEGMENTS
TABLE 69.KEMIRA: PRODUCT PORTFOLIO
TABLE 70.KEMIRA: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 71.KEMIRA: NET SALES, 2018–2020 ($MILLION)
TABLE 72.ADVANCE CHEMICALS: KEY EXECUTIVES
TABLE 73.ADVANCE CHEMICALS: COMPANY SNAPSHOT
TABLE 74.ADVANCE CHEMICALS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY COUNTRY
FIGURE 04.TOP INVESTMENT POCKETS, BY COUNTRY
FIGURE 05.BARGAINING POWER OF SUPPLIERS
FIGURE 06.BARGAINING POWER OF BUYERS
FIGURE 07.THREAT OF NEW ENTRANTS
FIGURE 08.THREAT OF SUBSTITUTES
FIGURE 09.INTENSITY OF RIVALRY
FIGURE 10.GLOBAL SODIUM HYPOCHLORITE MARKET DYNAMICS
FIGURE 11.SODIUM HYPOCHLORITE MARKET: VALUE CHAIN
FIGURE 12.GLOBAL SODIUM HYPOCHLORITE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
FIGURE 13.COMPARATIVE ANALYSIS OF SODIUM HYPOCHLORITE MARKET FOR DISINFECTION & CLEANING, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 14.COMPARATIVE ANALYSIS OF SODIUM HYPOCHLORITE MARKET FOR BLEACHING, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF SODIUM HYPOCHLORITE MARKET FOR OXIDIZING, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF SODIUM HYPOCHLORITE MARKET FOR OTHERS APPLICATION, BY COUNTRY, 2020 & 2030 ($MILLION)
FIGURE 17.SODIUM HYPOCHLORITE MARKET, BY REGION, 2020–2030 ($MILLION)
FIGURE 18.U.S. SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 20.CANADA SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 22.MEXICO SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 23.GERMANY SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 25.FRANCE SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 27.UK SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 29.SPAIN SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 31.ITALY SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 33.REST OF EUROPE SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 34.CHINA SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 36.JAPAN SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 38.INDIA SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 40.SOUTH KOREA SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 41.AUSTRALIA SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 42.REST OF ASIA-PACIFIC SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 44.BRAZIL SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 46.UAE SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 48.SAUDI ARABIA SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 49.SOUTH AFRICA SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 51.REST OF LAMEA SODIUM HYPOCHLORITE MARKET REVENUE, 2020-2030 ($MILLION)
FIGURE 52.COMPETITIVE HEATMAP
FIGURE 53.PCC GROUP: NET SALES, 2018–2020 ($MILLION)
FIGURE 54.PCC GROUP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 55.PCC GROUP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 56.OXYCHEM: NET SALES, 2018–2020 ($MILLION)
FIGURE 57.OXYCHEM: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.OXYCHEM: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.OLIN: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 60.OLIN: NET SALES, 2018–2020 ($MILLION)
FIGURE 61.OLIN: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 62.OLIN: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 63.HAWKINS: NET SALES, 2018–2020 ($MILLION)
FIGURE 64.HAWKINS: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.CLOROX: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 66.CLOROX: NET SALES, 2018–2020 ($MILLION)
FIGURE 67.CLOROX: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 68.KEMIRA: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 69.KEMIRA: NET SALES, 2018–2020 ($MILLION)
FIGURE 70.KEMIRA: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 71.KEMIRA: REVENUE SHARE BY REGION, 2020 (%)

 
 

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.

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FREQUENTLY ASKED QUESTIONS?
Our Report Looks Like This
 

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.

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