Global Bleaching Agents Market size was valued at USD 940.9 Million in 2024 and is expected to reach USD 1430.6 Million by 2033, at a CAGR of 5.8% during the forecast period 2024 – 2033.
Bleaching Agents Market: Overview
Bleaching agents are substances that whiten or lighten textiles by eliminating colorants, stains, or pigments. Typical bleaching chemicals include chlorine-containing substances such as sodium hypochlorite, peroxide of hydrogen, peracetic acid, ozone, and potassium chlorite.
One key worldwide trend in the bleaching agent market is the growing demand for ecologically friendly and sustainable solutions. This trend is being pushed by increased consumer awareness of traditional bleaching chemicals’ environmental effects, as well as legislative initiatives to decrease pollution and encourage green alternatives.
As a result, there is a movement towards the use of oxygen-based bleaching chemicals, such as hydrogen peroxide, which provide effective bleaching capabilities while being less hazardous to the environment than chlorine-based alternatives. Furthermore, there is a growing emphasis on the creation of bleach formulations with lower chemical content and greater biodegradability.
Moreover, technical breakthroughs and innovations in bleaching agent compositions, packaging, and application methods are influencing the industry, to improve efficiency, safety, and sustainability across the supply chain. Henceforth above mentioned factors contribute towards market growth.
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By form, the powder segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Powder dominates the bleaching agent market owing to its convenience, simplicity of storage, and efficacy in a variety of applications, including laundry detergents, textile processing, and treatment of water.
By product, the hydrogen peroxide segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The bleaching agent’s industry is driven by hydrogen peroxide’s efficacy in whitening textiles, paper, and other materials, as well as its eco-friendliness and adaptability in a wide range of industrial applications.
By end user, the food & beverages segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The bleaching agent industry is driven by the requirement to whiten and purify food goods including wheat, sugar, edible oils, and beverages to fulfil quality and hygiene standards.
Asia-Pacific dominates the bleaching agents market because of its strong textile, paper, and food sectors, growing population, severe hygiene standards, and rapid industrialization and infrastructural development.
CMI has comprehensively analyzed the Global Bleaching Agents market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Bleaching Agents industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Bleaching Agents Market:
- Aditya Birla Chemicals
- AkzoNobel
- Arkema
- Ashland
- BASF
- Christeyns
- Clariant
- Colgate-Palmolive Company
- Dow Chemicals
- DuPont
- Evonik
- Hawkins Inc
- Kemira
- Merck
- Mitsubishi Gas Chemical Company
- Novozymes
- C. JOHNSON & SON INC.
- Shandong Huatai Interox Chemical
- Solvay
- Spartan Chemical Company
- Others
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