Hypochlorous Acid Market Size, Share & Trends Analysis Report By Product (Sodium Hypochlorite, Calcium Hypochlorite), By Application (Sanitizing Agent, Disinfecting Agent), By Region, And Segment Forecasts, 2024 - 2030
Hypochlorous Acid Market Size & Trends
The global hypochlorous acid market size was valued at USD 5.65 billion in 2023 and is projected to grow at a CAGR of 5.6% from 2024 to 2030 owing to the recent surge in hospital-acquired infections (HAIs) which has resulted in an increased need for effective disinfectants, consequently boosting the global market. The product offers several benefits over traditional disinfectants, further fueling market growth. Hospital-acquired infections (HAIs) pose significant challenges globally for both patients and healthcare providers. The increasing rates of hospitalizations worldwide, coupled with HAIs, have heightened the need for effective sterilization of medical equipment and surfaces to minimize microbial contamination. HAIs primarily affect patients undergoing prolonged surgical procedures and are more prevalent among vulnerable groups such as the elderly, young children, and individuals with compromised immune systems.
According to the World Health Organization (WHO), approximately 7 out of every 100 patients in high-income countries and 15 out of every 100 patients in low- and middle-income countries develop at least one healthcare-associated infection during their hospital stay. On average, one in ten patients affected by HAIs may succumb to these infections. Consequently, the increasing incidence of HAIs is expected to drive demand for advanced disinfection solutions in healthcare settings to curb infection transmission, thereby fueling growth in the global product market.
Recent years have seen a surge in research and development focusing on innovative uses of hypochlorous acid. For instance, a study in December 2021 explored aerosolized hypochlorous acid and hydrogen peroxide solutions to deactivate SARS-CoV-2 and influenza A virus on environmental surfaces. This Dry Fog solution leaves surfaces dry after application.
Moreover, the product market faces significant constraints due to the availability of alternative disinfectants. Products like quaternary ammonium, chlorine-based compounds, compounds, and hydrogen peroxide offer comparable disinfection efficacy across a wide range of applications. Factors such as safety profiles, environmental impact, cost efficiency, and regulatory approvals contribute to the preference for these alternatives over the product.
Global Hypochlorous Acid Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global hypochlorous acid market report based on product, application & region:
Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Sodium Hypochlorite
Calcium Hypochlorite
Other Products
Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Sanitizing Agent
Disinfecting Agent
Oxidizing Agent
Other
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
India
Japan
South Korea
Australia
Central & South America
Brazil
Argentina
Middle East and Africa
Saudi Arabia
South Africa
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