Oxidizing Bleaching Agents Market was valued at USD 6.5 Billion in 2022 and is projected to reach USD 8.9 Billion by 2030, growing at a CAGR of 4.1% from 2024 to 2030.
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The market for oxidizing bleaching agents has experienced significant fluctuations from 2018 to 2022. Demand surged during the early years, driven by industries such as textiles, paper and pulp, and chemicals. In particular, industries relying on oxidizing agents for efficient bleaching, disinfection, and whitening noticed a surge in demand due to increasing industrialization and urbanization. The global emphasis on sustainability, alongside regulations enforcing environmental compliance, also played a crucial role in the surge of eco-friendly oxidizing bleaching agents. These agents, including hydrogen peroxide, chlorine dioxide, and sodium hypochlorite, gained momentum as they offered cleaner and safer alternatives to traditional agents like chlorine.
As we compare the demand from 2023 to 2033, the market is expected to grow at an accelerated pace. In the post-pandemic era, the demand for oxidizing bleaching agents will see an upswing due to the increasing focus on hygiene, sanitation, and health. The ongoing industrial advancements and technological innovations also contribute to the expected boom. For instance, the rise of water treatment and cleaning industries, particularly in developing regions, is likely to boost the demand for these agents. Hydrogen peroxide, in particular, will continue to dominate the market due to its wide range of applications, from food processing to pharmaceuticals. Moreover, the increasing adoption of green chemistry practices and non-toxic alternatives will propel the market forward, allowing manufacturers to provide more environmentally conscious products without compromising on effectiveness.
AkzoNobel
Ashland
Arkema
BASF
Clariant
Evonik
Kemira
Solvay
Aditya Birla Chemicals
Christeyns
Dow Chemicals
DuPont
Mitsubishi Gas Chemical Company
PPG Industries
Shandong Huatai Interox Chemical
Sigma-Aldrich
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 Oxidizing Bleaching Agents Market
Pulp And Paper
Textile
Water And Wastewater Treatment
Laundry And Healthcare
Based on Types the Market is categorized into Below types that held the largest Oxidizing Bleaching Agents market share In 2023.
Oxidizing Bleach
Reducing Bleach
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 Oxidizing Bleaching Agents 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 Oxidizing Bleaching Agents Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Oxidizing Bleaching Agents Market, By Type
6. Global Oxidizing Bleaching Agents Market, By Application
7. Global Oxidizing Bleaching Agents Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Oxidizing Bleaching Agents Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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