Calcium Hypochlorite Market
Calcium Hypochlorite Market Size And Forecast
The Global Calcium Hypochlorite Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Calcium Hypochlorite Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Calcium Hypochlorite Market was valued at USD 5.00 Billion in 2019 and is projected to reach USD 6.20 Billion by 2027, growing at a CAGR of 2.75 % from 2020 to 2027.
What is Calcium Hypochlorite?
Calcium hypochlorite is an inorganic chemical compound. It is also called as bleaching powder, the most commonly used chemicals for water sanitation to prevent water-borne diseases such as cholera and typhoid. It has a chemical formula – Ca(ClO)2. This compound is relatively stable and has a large chlorine presence, it is a white granular solid while commercial samples appear yellow. The manufacturing process includes a reaction between solid granular hydrated lime and a solid granular alkali metal hydroxide including chlorine gas. The chemical process takes place in the absence of a solvent and produces dry, free-blowing Ca(OCl)2 structures.
Calcium hypochlorite has strong chlorine-odor, toxic, irritating to the skin and non-combustible. It is predominantly used in water purification and treatment, house cleaners & detergents, agrochemicals, pulp & paper, food and beverage industry. This finds extensive applications in bleaching paper and textiles, medical, and industrial sanitizations.
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Global Calcium Hypochlorite Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
The rise in the demand for the product in the water treatment sector, escalating need of freshwater as a result of rising in the infections due to water-borne ailments, and growing product usage in myriad industries such as house cleaners & detergents, agrochemicals, paper and pulp is expected to enhance the growth of the global calcium hypochlorite market.
Furthermore, strict government legislation as a result of growing concerns over water pollution is likely to drive the demand for the forecast period. Whereas, the irritation and skin problems, danger to aquatic life due to chemicals might hamper the overall growth of the market. However, major players in the calcium hypochlorite market have adopted expansion and merger & acquisition as their key strategies to expand their network, this offers the favorable growth opportunities.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Calcium Hypochlorite Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Calcium Hypochlorite Market Competitive Landscape
The “Global Calcium Hypochlorite Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as China Petrochemical Corporation (SINOPEC), Tosoh Corporation, Lonza Group Ltd., Nippon Soda Co. Ltd., Westlake Chemical Corporation, Sree Rayalaseema Hi-Strength Hypo Ltd., Tianjin Kaifeng Chemical Co. Ltd., and Yuzhoushi Weilite Chemical Co. Ltd., Aditya Birla Chemicals (Thailand) Limited, Innova Corporate, and Others.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Calcium Hypochlorite Market, By Product Form
Calcium Hypochlorite Market, By Application
• Water Treatment
• House Cleaners and Detergents
• Food and Beverage
• Pulp & Paper
Calcium Hypochlorite Market Geographic Scope
• North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Rest of the World
o Middle East & Africa
o Latin America