The latest report by IMARC Group, titled “Bleaching Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the bleaching agents market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global bleaching agents market size reached US$ 876.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,214.6 Million by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032.
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Bleaching Agents Market Trends:
The global bleaching agents market is witnessing significant growth driven by the increasing demand for bleaching agents in various end-use industries, such as textiles, pulp and paper, and water treatment. The expanding textile industry, particularly in developing economies, necessitates the extensive use of bleaching agents to achieve desired fabric whiteness and quality. Additionally, the growing awareness and stringent regulations regarding water quality are leading to increased adoption of bleaching agents in water treatment processes.
The rising consumption of processed and packaged foods is further propelling the demand for bleaching agents in food processing and packaging industries. Furthermore, the ongoing advancements in bleaching technology, which enhance the efficiency and environmental sustainability of bleaching agents, are positively influencing the market.
Bleaching Agents Market Scope and Growth Analysis:
The scope of the market encompasses a diverse range of products, including chlorine-based, peroxide-based, and other chemical agents used across multiple industries. Along with this, the market is characterized by continuous innovation, with companies investing in the development of eco-friendly and efficient bleaching solutions to meet the changing consumer and regulatory demands. The market growth is further driven by the increasing application of bleaching agents in the cosmetics and personal care industry, where they are used for skin lightening and hair bleaching products.
The expansion of the pulp and paper industry, driven by the rising demand for paper and packaging materials, is enhancing the market's growth prospects. Concurrently, the growing emphasis on sustainable and environmentally friendly practices is leading to the adoption of green bleaching technologies, which offer reduced environmental impact and improved safety. Moreover, the focus on regulatory compliance, product innovation, and sustainable practices are creating a positive market outlook.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- BASF
- Aditya Birla Chemicals
- Evonik
- Solvay
- Akzonobel
- Hawkins Inc.
- Siemer Milling
- Peroxychem
- Supraveni Chemicals
- Spectrum Chemicals
- Engrain
- Gujarat Alkalies
- Chemicals
- Unilever
- The Procter & Gamble Company,
- The Clorox Company, etc.
Bleaching Agents Market Segmentation:
Our report has categorized the market based on region, product type, form and end-user industry.
Breakup by Product Type:
- Azodicarbonamide
- Hydrogen Peroxide
- Ascorbic Acid
- Acetone Peroxide
- Chlorine Dioxide
- Others
Breakup by Form:
- Powder
- Liquid
Breakup by End-User Industry:
- Pulp and Paper
- Textile
- Construction
- Electrical and Electronics
- Water Treatment
- Healthcare
- Others
Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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