The global bleachingagent market is likely to foresee a surge in its demand dueits huge application in various products reports Transparency Market Research(TMR) in a report. In a highly competitive market, the top four of the globalplayers, Solvay, BASF, Evonik industries, PeroxyChem, and AkzoNobel accountsfor more than half of the global market share. Companies in the market areinvesting on research and innovation in order to formulate their brand name andhave a product differentiation. Global players are trying to go into a strategicpartnership with regional players in order to expand their regional footprintin various local regions. Some of the other leading players in the market areAshland, Arkema, Spartan Chemical Company, S.C.Johnson & Son, andColgate-Palmolive Company.
TMRanticipates the global bleaching agent market to expand at CAGR of 3.6% duringthe forecast period 2017-2026. During the assessed period the market isanticipated to bring in 1232016 tonnes. On the basis of application, the pulpand paper segment holds a massive share. Pulp and paper is estimated to createa lucrative opportunity of more than 10900 tonnes during the forecast period.However, chlorine which is used as a bleaching agent in paper and pulp industryis known to be under strict focus for safety concerns. Geographically, AsiaPacific Excluding Japan (APEJ) is predicted to account for the highest share interms of revenue during the forecast period. Rise in industries such as pulpand paper, house hold cleaner, and textile is anticipated to bolster the growthof the market.
Request Sample
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=36824
Risein Textile Industry to Help the Market to Grow
Bleachingagents are generally used mostly in washing, cleaning, healthcare, personalcare products, healthcare, etc. Bleaching agents are mostly used for householdapplications. Bleaching agents are mostly used to remove colors from substancelike textiles. Apart from textile industry, bleaching agents are also used incosmetic and medicinal purposes thus promoting the growth of the globalbleaching agent market. Hydrogen peroxide, a bleaching agent is known to beused extensively in the personal and healthcare products. Rise in concern
Regardingmanagement of wastewater is promoting the growth of the bleaching agent.
More Trending Reports
Stringent Government Regulation toDeter the Growth of Market
Chlorine-freeor green bleach bleaching agent is attracting a lot of industry particularlytextile industry. This has led to the excessive use of hydrogen peroxide as itis known to leave to chemical residue on the material. Hydrogen peroxide hasgained immense popularity due to its environmentally friendly nature, this hasattracted a lot of environmental concerned population, thus fueling the growthof the market. However, bleaching agents are known to have a negative impact onthe health as it is known to damage eyes, lungs, skin, etc. Strict governmentregulations regarding to the use of bleaching agent in various countries isanticipated to deter the growth of the market. Although with the adventof oxidizing bleaching agents in the pulp industry is likely to boost thegrowth of the market. Various manufacturers are focusing on the chemical bleachingin order to produce a bleaching agent which can emit less contaminants intowater, soil, and air, thus burgeoning the growth of market.
Buy Now
https://www.transparencymarketresearch.com/checkout.php?rep_id=36824<ype=S
AboutUs
TransparencyMarket Research is a next-generation market intelligence provider, offeringfact-based solutions to business leaders, consultants, and strategyprofessionals.
Our reportsare single-point solutions for businesses to grow, evolve, and mature. Ourreal-time data collection methods along with ability to track more than onemillion high growth niche products are aligned with your aims. The detailed andproprietary statistical models used by our analysts offer insights for makingright decision in the shortest span of time. For organizations that requirespecific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of rightsense of fact-oriented problem solving methodologies and leveraging existingdata repositories.
TMRbelieves that unison of solutions for clients-specific problems with rightmethodology of research is the key to help enterprises reach right decision.
Contact
90 StateStreet, Suite 700
Albany, NY12207
Tel:+1-518-618-1030
USA -Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
