Global Sodium Hypochlorite Market Growth 2023-2029

Global Sodium Hypochlorite Market Growth 2023-2029

Sodium hypochlorite (NaOCl) is a compound that can be effectively used for water purification. It is used on a large scale for surface purification, bleaching, odor removal and water disinfection.

Sodium hypochlorite has a long history. Around 1785 the Frenchman Berthollet developed liquid bleaching agents based on sodium hypochlorite. The Javel company introduced this product and called it 'liqueur de Javel'. At first, it was used to bleach cotton. Because of its specific characteristics it soon became a popular compound. Hypochlorite can remove stains from clothes at room temperature. In France, sodium hypochlorite is still known as 'eau de Javel'.

LPI (LP Information)' newest research report, the “Sodium Hypochlorite Industry Forecast” looks at past sales and reviews total world Sodium Hypochlorite sales in 2022, providing a comprehensive analysis by region and market sector of projected Sodium Hypochlorite sales for 2023 through 2029. With Sodium Hypochlorite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium Hypochlorite industry.

This Insight Report provides a comprehensive analysis of the global Sodium Hypochlorite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sodium Hypochlorite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sodium Hypochlorite market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium Hypochlorite and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sodium Hypochlorite.

The global Sodium Hypochlorite market size is projected to grow from US$ 1208.1 million in 2022 to US$ 1058.8 million in 2029; it is expected to grow at a CAGR of 1058.8 from 2023 to 2029.

Global Sodium Hypochlorite key players include Solvay Chem, Akzo Nobel, Basf, Olin Chlor Alkali, Arkema, etc. Global top five manufacturers hold a share over 15%.

North America is the largest market, with a share about 40%, followed by China, and Europe, both have a share over 40 percent.

In terms of product, Synthesis is the largest segment, with a share nearly 60%. And in terms of application, the largest application is Bleach, followed by Water treatment, Medical application, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Hypochlorite market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Industrial Grade

Food Grade

Segmentation by application

Bleach

Water Treatment

Medical Application

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Solvay Chem

Akzo Nobel

Basf

Olin Chlor Alkali

Arkema

AGC

Surpress Chem

Ineos

Occidental

Sumitomo Chem

Aditya Birla

Vertex Chem

JSC Kaustik

Orica Watercare

Tianyuan Chem

HECG

Ruifuxin Chem

Kaifeng Chem

Dongfang Haoyuan Chem

Tianyuan Group

Fujian Pec

ChemChina

Twolions

Shengong Chem

Dongjun Chem

CNSG

Wanhua Group

Luxi Chem

Yufeng Chem

Befar

Ynnovate Sanzheng

Qiaoguang Chem

Key Questions Addressed in this Report

What is the 10-year outlook for the global Sodium Hypochlorite market?

What factors are driving Sodium Hypochlorite market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Sodium Hypochlorite market opportunities vary by end market size?

How does Sodium Hypochlorite break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.