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| Global Sodium Hypochlorite Market Size |
Sodium hypochlorite, also known as bleach, is an inexpensive and effective
disinfectant and oxidizer chemical widely used for water treatment in various
end-use industries. It effectively removes harmful bacteria and viruses during
water purification processes.
The global
Sodium Hypochlorite Market is estimated to be valued at US$ 77.98 Bn in 2024 and is
expected to exhibit a CAGR of 9.5% over
the forecast period 2024 to 2031, as highlighted in a new report published by
Coherent Market Insights.
Market key trends:
The rising concerns over water pollution and increased investments towards
development of water treatment infrastructure across developing nations have
strongly boosted the adoption of sodium hypochlorite in water treatment
applications. Stringent regulations regarding usage of clean and disinfected
water for domestic and industrial purposes have prompted end-users to
increasingly rely on sodium hypochlorite for purification of contaminated
water. Moreover, sodium hypochorite is a cost-effective solution for
disinfection of water as compared to other chemical alternatives. This has
further propelled the demand from cost-sensitive end-use industries.
Segment
Analysis
The global sodium hypochlorite market is dominated by the industrial &
institutional segment. The industrial & institutional segment accounted for
more than 60% share of the global market in 2024. Sodium hypochlorite solution,
commonly known as bleach, is widely used as a disinfectant and sanitizer by
various industries including oil & gas, food & beverage, healthcare,
and others. Sodium hypochlorite is also used for sanitation purposes in public
areas like swimming pools due to its cost-effectiveness. This extensive usage
has made the industrial & institutional segment the undisputed leader in
the global sodium hypochlorite market.
Key Takeaways
Global
Sodium Hypochlorite Market Size is expected to witness high growth over
the forecast period of 2024 to 2031 driven by increasing usage of disinfectants
and sanitizers across various end-use industries. The increasing awareness
about health and hygiene is further propelling the demand for sodium
hypochlorite.
Regional analysis: The Asia Pacific region currently dominates the global
sodium hypochlorite market with a share of over 35% in 2024. The large
population, rising incomes, and growing industries in countries like China and
India have been driving the demand for sodium hypochlorite in the region.
Moreover, increased government focus on public health and sanitation is also
supporting the growth of the market in Asia Pacific. The region is expected to
continue its dominance during the forecast period owing to rapid
industrialization and expansion of end-use industries in emerging economies.
Key players
operating in the sodium hypochlorite market include A2 Milk Company, PROVILAC,
Vedaaz Organics Pvt. Ltd., Vinamilk, and Freedom Foods Group. A2 Milk Company
and Freedom Foods Group have been focusing on expanding their product portfolio
and strengthening their distribution networks across major markets to bolster
their positions.
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