Global Sodium Hypochlorite Market Size, Share, Forecasts 2023 - 2033 | Top key players: Ennore India Chemical, HASA, Inc., Olin Corporation, OxyChem Corporation, Tessenderlo Group, Olin Corporation, Vynova Group, Hawkins, Inc., ICL, AGC Chemicals, Ercros

According to a research report published by Spherical Insights & Consulting, The Global Sodium Hypochlorite Market Size is Expected to Grow from USD 250.7 Million in 2023 to USD 402.5 Million by 2033, at a CAGR of 4.85% during the forecast period 2023-2033.

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The sodium hypochlorite market is the industry for sodium hypochlorite, a chemical compound used as a disinfectant, bleaching agent, and more. Sodium hypochlorite is widely used as a water disinfectant, mainly by combining sodium hydroxide solution with chlorine. Laundry bleach, used to whiten, remove stains, and sterilize consumer and institutional laundry, requires sodium hypochlorite as an essential ingredient. The increased need for sodium hypochlorite products from the water treatment chemical industry is escalating lucrative market growth opportunities. The stringent regulations on waste and water management which led to the adoption of sodium hypochlorite as a key ingredient for cleaning and disinfection applications is driving the market demand. On the contrary, the availability of alternative products such as citric acid, calcium hypochlorite, and lithium hypochlorite is challenging the market.

The industrial grade segment held the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the grade, the global sodium hypochlorite market is divided into food grade, industrial grade, water treatment grade, and medical grade. Among these, the industrial grade segment held the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period. The increased industrialization in various sectors with the rapid urbanization which led to the concerns regarding water and environmental pollution is driving the market demand in the industrial grade segment.

The household applications segment accounted for the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the application, the global sodium hypochlorite market is divided into water treatment, household applications, textile industry, pulp & paper industry, medical, and others. Among these, the household applications segment accounted for the largest market share in 2023 and is expected to grow at a significant CAGR during the forecast period. In household applications, bleaches made from sodium hypochlorite (NaOCl) solutions are frequently used to clean and disinfect hard surfaces and bleach laundry, thereby propelling the market demand.

North America is projected to hold the largest share of the global sodium hypochlorite market over the forecast period.

North America is projected to hold the largest share of the global sodium hypochlorite market over the forecast period. The growing need for sodium hypochlorite from the medical sector for disinfecting beds and tables, hard surfaces, and surgical equipment is propelling the market growth. The increasing consumer awareness about cleanliness and hygiene along with the rising disposable income in the region is driving the market demand for sodium hypochlorite.

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Europe is predicted to grow at the fastest CAGR in the sodium hypochlorite market over the forecast period. The strong demand for disinfection and sanitizing products due to coronavirus outbreak and upsurging awareness about sanitizers and disinfectants are contributing to propel the market. Further, the increasing need for sodium hypochlorite in paper, textile, and consumer goods industries along with the economic development in countries like Germany, France, and UK is driving the market demand.

Major key players in the sodium hypochlorite market include PCC Group, ThyssenKrupp, Marsina Engineering Srl, Ennore India Chemical, HASA, Inc., Olin Corporation, OxyChem Corporation, Tessenderlo Group, Olin Corporation, Vynova Group, Hawkins, Inc., ICL, AGC Chemicals, Ercros S.A., and Others.

Key Target Audience

Market Players
Investors
End-users
Government Authorities
Consulting And Research Firm
Venture capitalists
Value-Added Resellers (VARs)

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Recent Developments

In February 2024, Hasa, Inc., a portfolio company of Wind Point Partners, announced the acquisition of Chem Eleven Products, Inc. and select related assets from its parent company FSTI, Inc. Chem Eleven represents a strategic acquisition that reinforces Hasa's growing production and service footprint in Texas.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global sodium hypochlorite market based on the below-mentioned segments:

Global Sodium Hypochlorite Market, By Grade
Food Grade
Industrial Grade
Water Treatment Grade
Medical Grade

Global Sodium Hypochlorite Market, By Application
Water Treatment
Household Applications
Textile Industry
Pulp & Paper Industry
Medical
Others

Global Sodium Hypochlorite Market, Regional Analysis
North America
US
Canada
Mexico

Europe
Germany
Uk
France
Italy
Spain
Russia

Rest of Europe
Asia Pacific
China
Japan
India
South Korea

Australia
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America

Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa

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About the Spherical Insights & Consulting

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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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