Bleaching Agents Market from water treatment applications to grow 5.5% CAGR from 2019 to 2025

Bleaching Agents Market from water treatment applications has been slated is predicted to see lucrative gains over 2019-2025. The local governments are thus becoming more aware of the need for wastewater treatment plants for maintaining the healthier climatic conditions. The significant involvement of regional governments in the implementation of township programs for fulfilling the needs of the rapidly increasing population in urban as well as rural areas is poised to have a positive influence on the bleaching agents market share.

Speaking along the same line, in North America, regional governments have been taking initiatives to construct water treatment plants across the continent. For instance, recently, the township of Wellington North in Canada received a fund of USD 5.75 million to upgrade its 30 years old wastewater treatment plant. The federal government, as well as the Federation of Canadian Municipalities, have supported the township to upgrade the Arthur Wastewater Treatment Plant. The concerns behind this initiative were the projected rise in the population and increase in sewage discharge.

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Taking into account the innumerable business opportunities, players in the bleaching agents market have been expanding their facilities to increase the production capacity. Some of the companies have been acquiring rival businesses to gain a more competitive position. Validating the aforementioned fact, a few days before, in order to bolster its regional position in the peroxide-based bleaching agent market, the German chemicals manufacturer, Evonik signed an agreement to buy the U.S group PeroxyChem for USD 625 million.

Bleaching agents market for application in healthcare recorded a revenue more than USD 2.5 billion of the total industry size in 2017. Bleaching uses in health-care facilities include hyperchlorination of potable water to prevent cleaning of environmental surfaces, chlorination of water distribution systems used in hemodialysis centers, legionella colonization, disinfection of laundry, disinfection of equipment, decontaminate blood spills, decontamination of medical waste and dental therapy.

Bleaches are extensively used in several end user industries such as pulp & paper, healthcare, construction etc. owing to its harsh and alkaline properties that helps in deep cleaning. These properties carry strict regulations from various government, which may become a barrier in the bleaching agents market during the forecast timespan.

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Bleaching agents market share is exceedingly competitive, with several key players accounting for the total industry size. The major players include Clariant Evonik, Arkema, BASF, AkzoNobel, Solvay, DowDuPont, Ashland, Mitsubishi Inc., Sigma-Aldrich Co., Aditya Birla Inc., Kemira Oyj and PPG Industries.

It is noteworthy to mention that propounding expansion of the aforementioned end-use sectors will also have a positive influence on the bleaching agents market outlook. The initiatives taken by the governments to improve the sewage systems for maintaining a healthy environment and the shifting focus of chemical manufacturers toward the development of customer-centric products are poised to propel the industry trends over the years ahead. For the record, the bleaching agents market is likely to generate revenue of more than USD 91 billion by the end of 2025.

Major Point From Table Of Content: 

Chapter 5. Bleaching Agents Market, By Application

5.1.  Global bleaching agents market application insights

5.2.  Pulp & paper

5.2.1.   Market estimates and forecasts, 2014 – 2025

5.2.2.   Market estimates and forecasts by region, 2014 – 2025

5.3.  Water treatment

5.3.1.   Market estimates and forecasts, 2014 – 2025

5.3.2.   Market estimates and forecasts by region, 2014 – 2025

5.4.  Textile

5.4.1.   Market estimates and forecasts, 2014 – 2025

5.4.2.   Market estimates and forecasts by region, 2014 – 2025

5.5.  Construction

5.5.1.   Market estimates and forecasts, 2014 – 2025

5.5.2.   Market estimates and forecasts by region, 2014 – 2025

5.6.  Healthcare

5.6.1.   Market estimates and forecasts, 2014 – 2025

5.6.2.   Market estimates and forecasts by region, 2014 – 2025

5.7.  Others (electronics, food & beverage etc.)

5.7.1.   Market estimates and forecasts, 2014 – 2025

5.7.2.   Market estimates and forecasts by region, 2014 – 2025

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