Stable Bleaching Powder (SBP) Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
However, the outlook for SBP from 2023 to 2033 presents new challenges and opportunities. The market dynamics will likely shift due to advancements in alternative disinfection technologies and a growing emphasis on sustainability. As new competitors and chemicals enter the market, SBP manufacturers will need to focus on improving the environmental footprint of their products, including addressing concerns regarding chlorine emissions during the production process. The demand for SBP will continue to be influenced by industrial needs, particularly in water treatment facilities. Nevertheless, the growth rate may moderate compared to the peak seen in previous years due to regulatory pressures and evolving consumer preferences for greener solutions.
Throughout this decade, the market is expected to experience more segmented growth, with developed regions focusing on improving water quality standards while emerging economies will continue expanding infrastructure to support SBP usage. Moreover, the industrial shift toward eco-friendly alternatives may impact the overall market trajectory, potentially reducing the overall dependency on traditional chemicals like SBP. Furthermore, innovations in chemical production and product formulation could unlock new market niches, offering manufacturers opportunities for diversification and capturing new customer bases.
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The Stable Bleaching Powder (SBP) market has experienced significant developments from 2018 to 2022, largely driven by the increasing demand across industries such as water treatment, textiles, and household cleaning. Over these years, SBP has seen consistent growth due to its vital role in various applications, particularly in disinfecting water supplies. The growing awareness of hygiene and the need for safe drinking water have propelled the demand for SBP globally. During this period, the market saw advancements in production technologies, improving the efficiency and scalability of SBP manufacturing. Additionally, the market was bolstered by the increasing industrialization in emerging economies, particularly in Asia-Pacific regions, which saw heightened demand for water purification and cleaning agents.
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DCM Shriram
Aditya Birla Chemicals
Lonza
Westlake Chemical
Barchemicals
Nippon Soda
Tosoh
Nankai Chemical
Sree Rayalaseema Hi-Strength Hypo
Weilite
Salt & Chemical Complex
Nanke
Yufeng
Kaifeng
Jiansheng
Xinze
Huanghua Kaifeng
Ruifuxin
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Stable Bleaching Powder (SBP) Market
Water Treating Agent
Bleach
Others
Based on Types the Market is categorized into Below types that held the largest Stable Bleaching Powder (SBP) market share In 2023.
Calcium Process
Sodium Process
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Stable Bleaching Powder (SBP) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Stable Bleaching Powder (SBP) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Stable Bleaching Powder (SBP) Market, By Type
6. Global Stable Bleaching Powder (SBP) Market, By Application
7. Global Stable Bleaching Powder (SBP) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Stable Bleaching Powder (SBP) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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