Calcium Hypochlorite Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The calcium hypochlorite market size has grown strongly in recent years. It will grow from $5.71 billion in 2023 to $6.06 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to the growth of industries and urbanization, the introduction of health regulations, the growth of the bottled water industry, increased international trade, and growing environmental concerns and awareness of water pollution problems.
The calcium hypochlorite market size is expected to see strong growth in the next few years. It will grow to $7.73 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to increased demand for clean water, expansion of healthcare facilities, need for clean water in agricultural activities, increased construction of hotels, resorts, and recreational facilities and government initiatives to improve public health. Major trends in the forecast period include development of municipal water systems, advancements in swimming pool technologies, improvements in the production and packaging, ongoing research into waterborne pathogens and innovations in production processes.
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Scope Of Calcium Hypochlorite Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Calcium Hypochlorite Market Overview
Market Drivers –
The increasing demand for clean water is expected to propel the growth of the calcium hypochlorite market going forward. Clean water is defined as water that is safe for human consumption and free from harmful contaminants and pathogens. There is a demand for clean water due to several factors, such as population growth, economic development, changing consumption patterns, and declining water resources due to climate change and inefficient use. Calcium hypochlorite is utilized in clean water treatment as a potent disinfectant, effectively eliminating harmful microorganisms and ensuring water safety. For instance, in February 2024, according to the United Nations Educational, Scientific, and Cultural Organization (UNESCO), a France-based specialized agency, there were 2.2 billion people without access to safely managed drinking water until 2022, and the global demand for freshwater has been increasing by just under 1% per year. Additionally, four out of five people lacking at least basic drinking water services in 2022 lived in rural areas. Therefore, the increasing demand for clean water is driving the growth of the calcium hypochlorite market.
Market Trends –
Major companies operating in the calcium hypochlorite market focus on developing dry-block calcium hypochlorite to serve customers better and gain a competitive edge. Dry-block calcium hypochlorite is a type of calcium hypochlorite available in a solid, granular form. For instance, in April 2024, SDS Limited., a UK-based water reuse technology specialist, launched their All-in-one grey water recycling system to make it simpler and more cost-effective for developments. A gray water treatment system is a process that removes contaminants from wastewater generated in households or office buildings from streams without fecal contamination, such as water from sinks, showers, baths, washing machines, and dishwashers. SDS’s smaller-scale grey water recycling (GWR) system is a fully automated, on-demand, rapid treatment system especially suitable for buildings with lower usage, for example, hotels with between 50 and 150 bedrooms. The system has been developed to use intelligent chlorine dosing using dry block calcium hypochlorite, allowing for easier servicing and storage than liquid chlorine dosing systems that require more demanding health and safety handling regimes.
The calcium hypochlorite market covered in this report is segmented –
1) By Form: Powder, Granular, Pellets
2) By Production Process: Calcium Process, Sodium Process
3) By Application: Detergent, Agrochemicals, House Cleaners, Water Treatment, Pulp And Paper, Food And Beverages, Textile, Pools And Spas, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the calcium hypochlorite market in 2023. The regions covered in the calcium hypochlorite market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the calcium hypochlorite market are China Petroleum and Chemical Corporation, Westlake Chemical Corporation, Olin Corporation, Tosoh Corporation, Lonza Group Ltd, Nippon Soda Company Pvt Ltd, Hawkins Inc., Sigura, Aditya Birla Chemicals Ltd., Barchemicals, American Elements, Innova Corporate, Nankai Chemical Co Ltd, Angel Chemicals Private Limited., Nikunj Chemical Ltd, Organic Industries Pvt Ltd., Tianjin Ruifuxin Chemical Co. Ltd, Henan Yuzhou Weilite Chemical Co. Ltd., Tianjin Kaifeng Chemical Co. Ltd., Axiall Corp.
Table of Contents
- Executive Summary
- Calcium Hypochlorite Market Report Structure
- Calcium Hypochlorite Market Trends And Strategies
- Calcium Hypochlorite Market – Macro Economic Scenario
- Calcium Hypochlorite Market Size And Growth
…..
- Calcium Hypochlorite Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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