The global Calcium Hypochlorite Market size is expected to reach USD 1.34 billion by 2028, according to a new study by Grand View Research, Inc. The market is estimated to register a CAGR of 11.2% during the forecast years. Increasing demand for calcium hypochlorite from different end-user applications including household cleaners, water treatment, and agriculture is positively impacting the market growth. It is used as a filtering agent, a retention agent, a drying agent, and an oil chemical assistant.
Calcium hypochlorite is mainly used to disinfect
drinking water and public swimming pools. Its growing usage in spas, swimming
pools, etc. is anticipated to boost the market growth. The rising demand for
establishing improved drinking water facilities is anticipated to offer growth
opportunities for the industry. Moreover, a rise in the usage of hygiene
products to prevent different water-borne diseases, such as typhoid and
cholera, is expected to further fuel the demand over the coming years, thereby
leading to the growth of the market.
Calcium hypochlorite is a chemical compound that can
be produced through the calcium process and the sodium process. Calcium
hypochlorite made using sodium process is gaining higher demand than the ones
developed from calcium process, as the former offers better whiteness, more
effective form of chlorine extracts in terms of its ability to kill
maximum number viruses and bacteria, lesser precipitation, and higher thermal
stability, as well as lower moisture absorption property. The demand for the product
is increasing in detergent manufacturing on account of no toxic residues,
antimicrobial properties, high performance even in hard water, ability to
remove microorganisms, and low cost.
The market was positively impacted by the COVID-19
outbreak in the first half of 2020 due to the high demand for disinfectants and
cleaners from various end-use applications, such as households, hospitality,
pharmaceuticals, and retailers. The rising awareness among consumers about the
need to maintain hygiene levels is expected to further trigger the product
demand. With the disruption of the supply chain and growing trade
uncertainties, some economies have proclaimed to momentarily allow calcium
hypochlorite manufacturers to procure raw materials from unlisted agencies.
Companies are heavily investing to improve the production, logistics, and
quality of their existing products. These factors are expected to drive the
demand in the coming years.
Related Press Release@ Calcium Hypochlorite Market Report
Calcium Hypochlorite Market Report
Highlights
- The market is projected to grow at a significant CAGR from 2021 to
2028 due to the increasing product consumption in water treatment
applications across the globe
- The sodium process emerged as the largest process segment in 2020
and is estimated to retain the leading position throughout the forecast
years. This process yields lower precipitation and eliminates the majority
of the bacteria
- Asia Pacific is projected to witness the fastest CAGR over the
estimated period owing to the rapid economic growth across countries, such
as India, China, and Japan
- The rapid development of detergent and disinfectant manufacturing
industries in APAC due to the COVID-19 pandemic is also fueling the
product demand in the regional market
- The U.S. market is projected to grow at a considerable CAGR from
2021 to 2028 due to the increasing consumer preference for private pools
and spas, which requires a high amount of calcium hypochlorite to maintain
water quality
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in San Francisco. The company provides syndicated research reports, customized
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relevant and fact-based research across a range of industries including
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