Market Size of Bleaching Agent Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | > 4.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Bleaching Agent Market Analysis
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.