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Global Bleaching Agent Market to Grow at 3.6% CAGR during 2026, Asia Pacific to be the Largest Region

Press release Description

Albany, New York, March 9, 2018: Recently, a new insightful study titled “Bleaching Agent Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026” has been added to the repository of Market Research Reports Search Engine (MRRSE). According to the report, the global bleaching agents market is projected to grow at 3.6% CAGR during the assessment period.

For detailed insights, the report offers analysis on the basis of application, product type and region. By application, the market has been further sub-segmented into pulp & paper, construction, homecare¸ textile, healthcare¸ electrical & electronics and others. By product type, the key segments include peroxide based, chlorine and others. Geographically, the global bleaching agent market has been divided into major regions which are North America, Europe, Latin America, Asia Pacific Excluding Japan, Middle East and Africa and Japan.

By product type, chlorine remains the highest selling bleaching agent, and it is projected that by the end of forecast period, global sales of chlorine as a bleaching agent will surpass US$ 652 billion. Growing demand for chlorine to manufacture calcium, and its use as a disinfectant is likely to create growth opportunities for manufacturers during the assessment period.

Pulp and paper manufacturing remains one of the leading end-use applications of bleaching agents globally. The report projects demand for chlorine from the pulp and paper manufacturing segment to reach nearly US$ 11 Bn in revenues by the end of the forecast period. However, safety concerns are likely to impede demand in the paper and pulp industry.

Asia Pacific is one of the largest markets for bleaching agents globally, and it is projected that steady demand from end-use industries in the region will create further growth opportunities during the assessment period. In addition to being one of the largest consumers of bleaching agents, Asia Pacific is also one of the leading producers globally. In addition to Asia Pacific, demand is also anticipated to grow at a steady clip in North America and Europe, however, evolving regulations regarding the use of bleaching agents can stymie growth opportunities.

The report also includes a detailed competitive landscape that profiles the business and product strategies of some of the leading companies in the market. Key companies include AkzoNobel, Clariant, Dow Chemicals, Evonik, Novozymes, Shandong Huatai Interox Chemical, The Clorox Company, Unilever¸ Christeyns¸ Ashland, BASF, Colgate-Palmolive Company¸ DuPont¸ Merck, S.C.Johnson & Son¸ Spartan Chemical Company, The Procter & Gamble Company, Aditya Birla Chemicals, Arkema and Hawkins, Inc.

Browse Full Global Bleaching Agent Market Report with TOC : https://www.mrrse.com/bleaching-agent-market

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