Global Bleaching Agents Market– Industry Trends and Forecast to 2025
Global Bleaching Agents Market, By Type (Azodicarbonamide, Hydrogen Peroxide, Ascorbic Acid, Acetone Peroxide, Chlorine Dioxide, Others), Form (Powder, Liquid), Application (Bakery Products, Flour, Cheese, Other Applications), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
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Market Analysis: Global Bleaching Agents Market
The Global Bleaching Agents Market is expected to reach USD 4.25 billion by 2025, from USD 2.70 billion in 2017 growing at a CAGR of 8.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Bleaching Agents Market
Bleach is a generic term that is been used for chemical product which is used in various industries and even for various domestic purpose in order to whiten clothes, lighten hair colour and also helps to remove stains. The bleaching agents are generally used in bakery products, flour, cheese and other applications. Hence, manufacturers of these bleaching agents are focusing on innovation in chemical bleaching to produce a better product, emitting less contaminants into air, water, and soil. Bleaching agents are also used in oxidative hair dying and teeth brightening products. For instance, AkzoNobel’s , which is one of the major key players of the market, uses hydrogen peroxide as a key component of its chemical portfolio. The company has acquired a subsidiary that produces 70,000 tons hydrogen peroxide per annum. This acquisition will strengthen the company’s position in bleaching agents market in North America. Such developments done by the key player help in the growth of the market.
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- Increase in consumption of bread and related bakery products
- Advancements in technology for product evaluation.
- Increasing usage of bleaching agents in various sectors such as construction, textile, pulp & paper and in electrical & electronics.
- Adoption of bleaching agents in medical and cosmetic industry
- Ban on certain flour bleaching agents in several countries
- Criticality of formulations
Segmentation: Global Bleaching Agents Market
- Hydrogen Peroxide
- Ascorbic Acid
- Acetone Peroxide
- Chlorine Dioxide
- Bakery Products
- Other Applications
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- North America
- Rest of Europe
- South America
- Rest of south America
- Middle East & Africa
- Saudi Africa
- Rest of MEA
Competitive Landscape: Global Bleaching Agents Market
The global bleaching agents market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of bleaching agents market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors:
The key players operating in the global bleaching agents market are –
The other players in the market are, Hawkins, Inc., Siemer Milling, Peroxychem, Supraveni Chemicals, Spectrum Chemicals, Engrain, Gujarat Alkalies and Chemicals, Hawkins, Inc., Ashland, Arkema, Christeyns, Aditya Birla Chemicals, Unilever, The Procter & Gamble Company, The Clorox Company, Spartan Chemical Company, Shandong Huatai Interox Chemical, S.C.Johnson & Son, Novozymes, Merck, Evonik, DuPont, Dow Chemicals, Colgate-Palmolive Company and many more.
Research Methodology: Global Bleaching Agents Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the Report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global bleaching agents market
- Analyze and forecast the bleaching agents market on the basis of form, application and type.
- Trends of key regional and country-level markets for processes, derivative, and application
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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