Global Trichloroisocyanuric Acid-TCCA 90% Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Trichloroisocyanuric Acid-TCCA 90% Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Trichloroisocyanuric acid is a very strong oxidant and chlorinating agent, which has a high-efficiency, broad-spectrum and relatively safe disinfection effect. It can kill bacteria, viruses, fungi, molds, cholerae orphans, spores, etc., and also has a certain killing effect on coccidia oocysts. Trichloroisocyanuric acid is available in different concentrations, and TCCA 90% refers to the product that contains 90% active chlorine by weight. The high chlorine content makes it a powerful and effective agent for water treatment and sanitization purposes.

Market Overview:

The latest research study on the global Trichloroisocyanuric Acid-TCCA 90% market finds that the global Trichloroisocyanuric Acid-TCCA 90% market reached a value of USD 1459.82 million in 2023. It’s expected that the market will achieve USD 1180.17 million by 2029, exhibiting a CAGR of -3.48% during the forecast period.

Regional conflicts are not conducive to the development of various industries. Regional conflicts in a certain region will restrict trade, increase social pressure and affect the global economy. Among the current regional conflicts, the most influential event in the world is the war between Russia and Ukraine. The impact of the Russian-Ukrainian war on the world economy is mainly reflected in hindering the recovery of the world economy; Promote the trend of anti-globalization; Global economic governance is in trouble.

The Russian-Ukrainian war not only brought human suffering and humanitarian crisis, but also affected the whole global economy, resulting in slowing economic growth and accelerating inflation. The chain reaction of the Russian-Ukrainian conflict involves countless people. Since the outbreak of this war, the global cost of living has soared, destroying lives, livelihoods and hopes for a better world. The impact of the Russian-Ukrainian war is reflected in food and energy inflation, falling real wages, increasing inequality and rising debts of developing countries.

The Russian-Ukrainian war has caused great economic losses to the world. For example, the war has affected the transportation logistics of various industries in several aspects: restricting the use of air routes and airspace; Higher fuel costs; Trichlorosocyanuric acid is a market that is highly dependent on globalization, and these increased costs are a major blow to the operation of Trichlorosocyanuric acid enterprises.

The swimming pool industry has witnessed significant growth in recent years, driven by a surge in interest in leisure and recreational activities worldwide. As populations become more urbanized and disposable incomes rise, there has been a growing preference for private and communal swimming pools. These pools serve as a means of relaxation, exercise, and social interaction, leading to a rising number of installations in residential complexes, hotels, resorts, and fitness centers.

In tandem with this expansion, the demand for effective pool disinfection methods has intensified. Trichloroisocyanuric acid (TCCA) has emerged as a popular choice for pool owners and operators due to its efficiency in water treatment and disinfection. TCCA provides a stable source of chlorine, effectively eradicating harmful bacteria, viruses, and algae in pool water, ensuring safe and hygienic swimming conditions.

Moreover, TCCA's convenient handling, long shelf life, and cost-effectiveness make it an attractive option for pool maintenance. Pool operators value its ability to release chlorine steadily, maintaining water clarity and sanitation over an extended period without the need for constant monitoring or dosing. As the global swimming pool industry continues to expand, especially in emerging markets, the demand for TCCA is poised to grow further.

Urbanization and changes in consumer habits, including travel, have made more people buy and eat food made in public places. Globalization urges consumers to get more and more kinds of food, which makes the global food supply chain increasingly complex and long. With the growth of the world population, in order to meet the increasing food demand, agriculture and animal husbandry production have realized intensification and industrialization, which not only brings opportunities, but also challenges to food safety. Due to the speed and scope of product sales, local incidents may rapidly evolve into international emergencies. In the past decade, serious outbreaks of food-borne diseases have occurred in all continents of the world, which are often expanded by global trade. For example, in 2017/18, ready-to-eat meat in South Africa was contaminated by Listeria monocytogenes, resulting in 1060 cases of Listeria and 216 deaths.

The World Health Organization, including governments all over the world, is paying more and more attention to food safety and strengthening supervision measures. The trichloroisocyanuric acid industry has experienced growth due in part to the increasing focus on strict hygiene supervision in the food processing industry. In food processing, maintaining a hygienic environment is crucial to prevent the contamination and growth of harmful microorganisms that can cause foodborne illnesses. TCCA's powerful disinfection properties make it an attractive choice for sanitizing surfaces, equipment, and water used in food processing facilities. It is particularly effective against a wide range of bacteria, viruses, and other pathogens, helping to reduce the risk of foodborne outbreaks and ensuring compliance with strict food safety standards.

Region Overview:

China had the highest growth rate of all regions in 2022.

In 2022, the share of the Trichloroisocyanuric Acid-TCCA 90% market in China stood at 41.31%.

Company Overview:

Hebei Jiheng Chemical is one of the major players operating in the Trichloroisocyanuric Acid-TCCA 90% market, holding a share of 8.49% in 2023.

Hebei Jiheng Chemical, Puyang Cleanway Chemicals, Solenis, Occidental Petroleum Corporation and Heze Huayi Chemical are the five key players in the global Trichloroisocyanuric Acid-TCCA 90% market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Trichloroisocyanuric Acid-TCCA 90% market in the past 5 years.

Puyang Cleanway Chemicals Ltd. was founded in April 2001. It is a high-tech enterprise in the water treatment agent industry integrating R&D, production and sales in China. The company has set up a special R & D department, with experienced and innovative technical R & D team. It has two provincial R&D platforms: Henan Water Treatment Chemical Engineering Technology Center and Henan Enterprise Technology Center .

Segmentation Overview:

The Tablet segment by type showed a value growth of 29.54% in 2022.

Among different product types, Tablet segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Swimming Pools Disinfection segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Trichloroisocyanuric Acid-TCCA 90% market covered in Chapter 3:

Hebei Jiheng Chemical
Shandong Lantian Disinfection
Shandong Jingwei Antisepsis
Solenis
Occidental Petroleum Corporation
Ercros S.A
Heze Huayi Chemical
Jianghan Oilfield
Shikoku
KIK Custom Products (Biolab)
Juancheng Kangtai
Zhucheng Taisheng Chemical
Puyang Cleanway Chemicals

In Chapter 4 and Chapter 14.2, on the basis of types, the Trichloroisocyanuric Acid-TCCA 90% market from 2019 to 2030 is primarily split into:

Powder
Granular
Tablet

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Trichloroisocyanuric Acid-TCCA 90% market from 2019 to 2030 covers:

Swimming Pools Disinfection
Water Treatment
Aquaculture
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)