The global Sodium Hypochlorite market was approximately 3700 thousand tonnes in 2022 and is likely to grow at a healthy CAGR of 2.9% during the forecast period until 2032.
Sodium Hypochlorite, commonly referred to as liquid bleach, is a chlorine compound consisting of a Sodium cation and a Hypochlorite anion. It is a highly reactive, volatile, and pale greenish-yellow aqueous solution with versatile applications. Known for its excellent sterilizing, oxidizing, and bleaching properties, Sodium Hypochlorite is a potent disinfectant used in water treatment and cleaning solutions. Its production involves combining chlorine gas and caustic soda on a large scale. The compound acts as a chlorinating agent, ensuring the safety of swimming pools and drinking water. Additionally, Sodium Hypochlorite plays a crucial role in formulating cleaning solutions for various purposes, including veterinary, food processing, and odour removal.
In the industrial sector, Sodium Hypochlorite serves as a bleaching agent in the pulp and paper and textile industries due to its versatile bleaching properties. The market for Sodium Hypochlorite is expected to witness growth, driven by its broad-spectrum disinfectant capabilities against viruses, bacteria, fungi, and other microorganisms. The market for Sodium Hypochlorite (NaOCl) is witnessing significant growth, driven by its crucial role as a disinfectant, primarily due to chlorine's efficacy in eliminating pathogens like bacteria and fungi. Its applications span across water and sewage treatment, purification processes in homes, hospitals, schools, swimming pools, and even surgical instruments. The increasing emphasis on hygiene practices has fuelled demand, prompting regular disinfection in public spaces, offices, malls, and manufacturing facilities. The rising demand for quality household products to ensure cleanliness and hygiene amplifies market growth. Additionally, the trend of the medical industry's accelerated growth during the pandemic, with increased usage in disinfecting wipes, surfaces, and surgical instruments, contribute to the robust market potential. The multifaceted applications of Sodium Hypochlorite across diverse industries indicate a promising trajectory for market expansion. The global Sodium Hypochlorite market size is anticipated to reach nearly 5000 thousand tonnes by 2032.
Based on region, Asia Pacific region is the largest consumer of Sodium Hypochlorite. The Sodium Hypochlorite market exhibits dominance in the Asia Pacific region, propelled by the swift urbanization and industrialization observed in emerging nations like China and India. The ease of accessibility and cost-effectiveness of liquid bleach in this region are key factors poised to amplify the market's growth. The Asia Pacific's thriving demand for liquid bleach, driven by cleaning and hygiene needs, positions Sodium Hypochlorite for further expansion. Similarly, in North America, the increasing demand for liquid bleach, particularly for cleaning and maintaining hygiene standards, is anticipated to contribute significantly to the market's upward trajectory. As a result, the Sodium Hypochlorite market is strategically positioned for sustained growth in these key regions.
Based on the end-user industry, the global Sodium Hypochlorite market is divided into Wastewater Treatment, Agriculture, Chemical, Textile, Pharmaceuticals, and Others. Among these, wastewater treatment Industry dominates the global Sodium Hypochlorite market and held a market share of 32% in 2022.
Major players in the Global Sodium Hypochlorite market are BASF, INEOS, Sumitomo Chemical, Odyssey Manufacturing Co., AGC group, Orica Watercare, Solvay Chem, Akzo Nobel, Shanghai Polymet Commodities Ltd., Olin Chlor Alkali, Hawkins, Inc., Sunbelt Chemical Corporations, Arkema Group, Surpress Chem, Aditya Birla, OxyChem Corporation, and Others.
Years considered for this report:
Historical Period: 2015- 2021
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
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Objective of the Study:
• To assess the demand-supply scenario of Sodium Hypochlorite which covers production, demand and supply of Sodium Hypochlorite market in the globe.
• To analyse and forecast the market size of Sodium Hypochlorite
• To classify and forecast Global Sodium Hypochlorite market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Sodium Hypochlorite market in the globe.
To extract data for Global Sodium Hypochlorite market, primary research surveys were conducted with Sodium Hypochlorite manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Sodium Hypochlorite market over the coming years.
ChemAnalyst calculated Sodium Hypochlorite demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Sodium Hypochlorite. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Sodium Hypochlorite manufacturers and other stakeholders
• Organizations, forums and alliances related to Sodium Hypochlorite distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Sodium Hypochlorite manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Sodium Hypochlorite market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
3700 thousand tonnes
Market size Volume in 2032
5000 thousand tonnes
Growth Rate
CAGR of 2.9% from 2023 to 2032
Base year
2022
Estimated Year
2023
Historic Data
2015 – 2021
Forecast period
2024 – 2032
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2032
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Wastewater Treatment, Agriculture, Chemical, Textile, Pharmaceuticals, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Sodium Hypochlorite market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Sodium Hypochlorite.
3. Capacity By Location
To better understand the regional supply of Sodium Hypochlorite by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Sodium Hypochlorite by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Wastewater Treatment, Agriculture, Chemical, Textile, Pharmaceuticals, and Others) are creating a market and the forecast for the growth of the Sodium Hypochlorite market.
7. Demand by Region
Analyzing the change in demand of Sodium Hypochlorite in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Sodium Hypochlorite. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Sodium Hypochlorite.
10. Company Share
Figure out what proportion of the market share of Sodium Hypochlorite is currently held by leading players across the globe.
11. Manufacturing Process
Discover insights into the intricate manufacturing process of Sodium Hypochlorite.
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What was the net market size of Sodium Hypochlorite in terms of volume in 2022?
Ans:
The global market size of Sodium Hypochlorite had reached approximately 3700 thousand tonnes in 2022.
Q2.
Which region is the major consumer of Sodium Hypochlorite?
Ans:
Asia Pacific region is the leading consumer of Sodium Hypochlorite globally.
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