Global Calcium Hypochlorite Market to Reach $6.2 Billion by 2030
The global market for Calcium Hypochlorite estimated at US$5.5 Billion in the year 2023, is expected to reach US$6.2 Billion by 2030, growing at a CAGR of 1.9% over the analysis period 2023-2030. Calcium Hypochlorite Powder, one of the segments analyzed in the report, is expected to record a 2.1% CAGR and reach US$3.6 Billion by the end of the analysis period. Growth in the Calcium Hypochlorite Pellet segment is estimated at 1.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 3.5% CAGR
The Calcium Hypochlorite market in the U.S. is estimated at US$1.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 3.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.3% and 1.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 0.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$864.1 Million by the year 2030.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook