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Bleaching Agent Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Product Type (Chlorine, Sodium, Calcium, Peroxide, and Other Product Types), End-user Industry (Pulp and Paper, Textile, Construction, Electrical and Electronics, Water Treatment, Healthcare, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

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Market Snapshot

Bleaching Agent Market - Market Summary
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >4 %

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Market Overview

The global bleaching agent market is expected to grow with a CAGR greater than 4% during the forecast period. One of the major factors driving the market is the growing demand for water treatment. However, the toxicity of certain types of bleaching agents is hinder the growth of the market studied.

  •  Increasing demand from the pulp & paper industry is another major driver for the market studied
  • Asia-Pacific accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
  • Among the product types, chlorine-based bleaching agents are likely to account for the highest market share during the forecast period.

Scope of the report

The Global Bleaching Agent market report includes:

Product Type
Chlorine
Sodium
Calcium
Peroxide
Other Product Types
End-user Industry
Pulp and Paper
Textile
Construction
Electrical and Electronics
Water Treatment
Healthcare
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Chlorine-based Bleaching Agents to Dominate the Market

  • Among the different types of bleaching agents, chlorine-based bleaching agents account for the highest market share currently.
  • The chlorine-based bleaching agent is used on a large scale to produce calcium and sodium hypochlorite which is used largely as a disinfectant in wastewater treatment, especially in drinking water and in the swimming pool.
  • Also, chlorine is extensively used in pulp & paper technology as a bleaching agent for wood pulp that can be used in manufacturing printing and writing paper.
  • Hence, owing to easy availability and the high number of applications the chlorine-based bleaching agents are likely to dominate the market studied during the forecast period.
Bleaching Agent Market - Segmentation Trends

Asia-Pacific to Dominate the Market

  • Currently, Asia-Pacific accounts for the highest market share in the global bleaching agents market owing to the high demand from countries like China, India, and Japan.
  • China has one of the largest construction industries. It is also one of the major production centers for pulp & paper and textiles across the globe.
  • India has a significantly growing construction industry. There has been a significant rise in the need for water treatment in the country over the past few years.
  • Additionally, the southeast Asian countries are also witnessing major demand for bleaching agents for usage in industries like water treatment, pulp & paper, etc.
  • Hence, owing to the above-mentioned reasons, Asia-Pacific is likely to witness the highest share for the global bleaching agent market during the forecast.
Bleaching Agent Market - Regional Trends

Competitive Landscape

The global bleaching agent market is moderately fragmented as the majority of the market share is divided among a large number of players. Some of the key players in the market include Arkema, Dow, Evonik Industries AG, Kemira, and Clariant, among others.

Bleaching Agent Market - Market Concentration.png

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growing Demand for Water Treatment Activities

      2. 4.1.2 Increasing Demand from the Pulp & Paper Industry

    2. 4.2 Restraints

      1. 4.2.1 Toxicity of Bleaching Agent

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value-chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Product Type

      1. 5.1.1 Chlorine

      2. 5.1.2 Sodium

      3. 5.1.3 Calcium

      4. 5.1.4 Peroxide

      5. 5.1.5 Other Product Types

    2. 5.2 End-user Industry

      1. 5.2.1 Pulp and Paper

      2. 5.2.2 Textile

      3. 5.2.3 Construction

      4. 5.2.4 Electrical and Electronics

      5. 5.2.5 Water Treatment

      6. 5.2.6 Healthcare

      7. 5.2.7 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 ASEAN Countries

        6. 5.3.1.6 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 Italy

        4. 5.3.3.4 France

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Aditya Birla Chemicals (India) Limited

      2. 6.4.2 Arkema

      3. 6.4.3 Ashland

      4. 6.4.4 BASF SE

      5. 6.4.5 Clariant

      6. 6.4.6 Dow

      7. 6.4.7 Evonik Industries AG

      8. 6.4.8 Hawkins, Inc

      9. 6.4.9 Kemira

      10. 6.4.10 MITSUBISHI GAS CHEMICAL COMPANY, INC.

      11. 6.4.11 Nouryon

      12. 6.4.12 Solvay

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Bleaching Agent Market market is studied from 2016 - 2026.

The Bleaching Agent Market is growing at a CAGR of >4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Arkema, Clariant, Dow, Evonik Industries AG, Kemira are the major companies operating in Bleaching Agent Market.

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