Oxidizing and Bleaching Agents Market to Witness Comprehensive Growth by 2024
Common
bleaching powder is prepared by combining calcium hypochlorite,
calcium hydroxide, and calcium chloride. Among these, calcium
hypochlorite is a recognized dye and is widely considered as a type
of chlorine-based bleaching agent.
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Bleaching
agents are generally either oxidizers or reducers. Oxidizing
bleaching specialists constitute a significant part of dying agents.
The most commonly used oxidizing and bleaching agents are either
chlorine-based, peroxide-based, or chemical-based. These agents are
consumed in different applications including color change or
retention, materials or water, disinfecting textiles, effluent
control, stain removal, and for deodorizing substrates. The major
end-user of these bleaching agents are pulp and paper, textile, water
and wastewater treatment, laundry, and health care. Additionally,
bleaching is utilized as a part of a wide range of household
applications. Increased innovation in the area of chemical bleaching
has resulted in better products that are not only efficient, but also
emit less contaminants into water, soil, and air.
High
levels of contamination of various sources of water across the globe
is one of the major reasons boosting demand for wastewater treatment
solutions. This is a key factor driving the oxidizing and bleaching
agents market. Increase in demand for water is driven by quick
urbanization and industrial development. Scarcity of freshwater
resources is pitching the case for regulations on water use and
release.
Increase
in utilization of bleaching agents for cosmetic and medical purposes
is trending these days. Hydrogen peroxide, a peroxide-based dye, is
broadly utilized as a part of individual and other healthcare
products. Teeth brightening and oxidative hair dyeing are some of the
examples of such healthcare and personal products.
Asia
Pacific is anticipated to be a fast-growing market for oxidizing and
bleaching agents. Demand for oxidizing and bleaching agents in the
region is estimated to be primarily driven by swift rise in the
consumption of hydrogen peroxide in India, China, and countries in
ASEAN.
Growth
in paper and pulp and chemical industries is anticipated to drive
demand for oxidizing and bleaching agents in Asia Pacific. Brazil is
one of the significant producers of short-fiber pulp in the paper
industry, which is the biggest end-user market for oxidizing and
bleaching agents. Additionally, demand for oxidizing and bleaching
agents in the paper and pulp industry in South Africa is increasing
steadily. As a result, the market for oxidizing and bleaching agents
in Latin America and Middle East and Africa is likely to experience
decent growth. The oxidizing and bleaching agents market in Europe
and North America is expected to witness moderate growth owing to
steady recovery from the economic slowdown.
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Key
players in the oxidizing and bleaching market are Solvay, Kemira,
Arkema, AkzoNobel, Ashland, Clariant, BASF, and Evonik. Other
Prominent Vendors are Dow Chemicals, Christeyns, Shandong Huatai
Interox Chemical, Sigma-Aldrich, Mitsubishi Gas Chemical Company,
DuPont, Aditya Birla Chemicals, and PPG Industries.
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