Hypochlorous Acid Market Forecasts to 2030 – Global Analysis By Product (Sodium Hypochlorite, Calcium Hypochlorite and Other Products), Production Method, Application, End User and By Geography
According to Stratistics MRC, the Global Hypochlorous Acid Market is accounted for $6.0 billion in 2024 and is expected to reach $9.4 billion by 2030 growing at a CAGR of 7.6% during the forecast period. hypochlorous acid (HOCl) is defined as a weak, yet potent, acid with significant applications across various industries due to its strong disinfectant and oxidizing properties. Formed when chlorine gas is dissolved in water, hypochlorous acid is characterized by its chemical formula HOCl and its ability to dissociate into hypochlorite ions (OCl⁻) and hydrogen ions (H⁺) in aqueous solutions.
According to the WHO, 7 out of 100 patients in high-income nations and 15 out of 100 in low- and middle-income countries will develop at least one healthcare-associated infection during hospitalization.
Market Dynamics:
Driver:
Expanding applications in healthcare and industrial uses
Hypochlorous acid is gaining traction in wound care due to its strong antimicrobial properties, which help prevent infections and promote faster healing. This has led to a growing incorporation of hypochlorous acid-based solutions in clinical practices, thereby increasing its market presence in healthcare settings. Moreover, Hypochlorous acid is increasingly used in food processing, water treatment, and commercial cleaning due to its ability to eliminate pathogens and maintain cleanliness. It is also used in water treatment to address public health concerns and to ensure safe drinking water.
Restraint:
Hypochlorous acid is a highly reactive and unstable compound
Hypochlorous acid is known for its instability, which can lead to a limited shelf life. This instability necessitates careful handling and storage, which can deter some manufacturers and consumers from adopting hypochlorous acid products and improper pH balance can reduce its efficacy as a disinfectant, leading to potential safety concerns in applications where its antimicrobial properties are critical. This requirement for precise formulation can complicate production processes and limit its widespread use.
Opportunity:
Prevalence of waterborne diseases
The growing incidence of waterborne diseases, such as cholera, dysentery, and typhoid, has led to an increased demand for effective water treatment solutions. Hypochlorous acid is a popular choice for water disinfection due to its ability to eliminate bacteria, viruses, and other harmful microorganisms, ensuring the safety of drinking water and preventing the spread of waterborne diseases propelling the market growth.
Threat:
Availability of alternative disinfectants
The market has seen the rise of various alternative disinfectants, such as chemical disinfectants, UV radiation systems, and ozone-based disinfection technologies. These alternatives often offer similar or enhanced efficacy against pathogens, which can divert demand away from hypochlorous acid products. While hypochlorous acid is marketed as a safer alternative to traditional disinfectants, consumers may still gravitate towards other products that are perceived as more effective or easier to use, impacting the market share of hypochlorous acid
Covid-19 Impact:
The COVID-19 pandemic has significantly impacted the hypochlorous acid market, driving a surge in demand for disinfection and sanitization products. Hypochlorous acid, known for its potent antimicrobial properties, has become a preferred choice for disinfecting healthcare facilities, food processing plants, and public spaces. Companies have ramped up production to meet the unprecedented demand, with many developing innovative hypochlorous acid-based sanitizers and disinfectants. The heightened focus on hygiene has also accelerated the adoption of hypochlorous acid in various industries, including water treatment and commercial cleaning.
The sodium hypochlorite segment is expected to be the largest during the forecast period
The sodium hypochlorite is expected to be the largest during the forecast period due to its widespread use as a disinfectant and bleaching agent in various industries, including water treatment, textiles, and household cleaning. This dominance can overshadow hypochlorous acid's market presence, as many applications may prefer sodium hypochlorite for its established effectiveness and lower cost.
The industrial cleaning segment is expected to have the highest CAGR during the forecast period
The industrial cleaning segment is expected to have the highest CAGR during the forecast period because industrial facilities, such as manufacturing plants, warehouses, and processing units, require rigorous cleaning and disinfection to maintain hygiene standards and prevent contamination. Hypochlorous acid, with its strong antimicrobial properties, is increasingly being adopted as a preferred disinfectant in these settings.
Region with largest share:
North America is projected to hold the largest market share during the forecast period owing to North America‘s stringent regulations regarding water quality, leading to a robust demand for hypochlorous acid in water treatment applications to ensure safe drinking water and effective wastewater management. Moreover the region's focus on hygiene and cleanliness, particularly in healthcare settings, has propelled the use of hypochlorous acid for wound management and infection control its FDA approval for medical uses enhances its market appeal.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period owing to the rapid urbanization and industrialization in countries like China, India, and Japan have led to a higher demand for effective disinfectants and sanitizers in urban environments, industrial facilities, and public spaces. Rising awareness about hygiene and cleanliness, especially in the wake of the COVID-19 pandemic, has propelled the demand for hypochlorous acid-based disinfectants across various sectors.
Key players in the market
Some of the key players in Hypochlorous Acid market include BASF SE , Acuro Organics Limited, Aditya Birla Chemicals, AGC Chemicals, Kuehne Company, Arkema, Lenntech B.V., Lonza, Nouryon, Nufarm, Surpass Chemical Company, Swiss Chemi Pvt. Ltd., Tosoh Corporation, Ultrapure HOCL, Westlake Chemical Corporation, Chemtex Speciality Limited, Aqualution Systems Ltd and The Clorox Company
Key Developments:
In August 2024, BASF introduces Fourtiva™ Fluidized Catalytic Cracking catalyst to increase high octane gasoline blending feedstock. The Fourtiva™ catalyst is designed to enhance the efficiency of the fluidized catalytic cracking process, which is crucial in converting heavier feedstocks into valuable lighter products such as gasoline and diesel.
In July 2024, BASF launches game-changing heat and light stabilizer Tinuvin® NOR® 211 AR for sustainable farming practices. This new stabilizer is designed to enhance the durability and performance of agricultural films, coatings, and other materials exposed to harsh environmental conditions.
In August 2024, AGC Develops Innovative Fluoropolymers Manufacturing Process. AGC aims to achieve a continuous and stable supply of fluoropolymers, which is indispensable for the realization of a carbon-neutral and digital society.
Products Covered:
• Sodium Hypochlorite
• Calcium Hypochlorite
• Other Products
Production Methods Covered:
• Electrolytic Production
• Chemical Synthesis
Applications Covered:
• Water Treatment
• Industrial Cleaning
• Household Products
• Wound Care & Sanitation
• Oral Care
• Cleaning Agents & Disinfectants
• Other Applications
End Users Covered:
• Municipal Utilities
• Healthcare Providers
• Industrial Sector
• Household Consumers
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook