U.K. Hypochlorous Acid: Introduction
In terms of value, the hypochlorous acid market in the U.K. is anticipated to expand at a CAGR of ~4% from 2020 to 2030. The rise in demand for disinfectants and sanitizers, owing to the current COVID-19 pandemic, is expected to drive the hypochlorous acid market in the U.K. during the forecast period. The increase in the number of water & wastewater treatment plants, owing to a rise in the demand for clean and safe water for domestic as well as industrial usage is boosting the demand for hypochlorous acid in water & wastewater treatment plants. The increase in awareness about healthy lifestyle and diet is fueling the trend of healthy eating. The natural anti-microbial and anti-bacterial properties of hypochlorous acid are also boosting the preference for foods containing hypochlorous acid. Rise in awareness about hypochlorous acid is projected to fuel the demand for hypochlorous acid as a food additive in food products in the general food industry.
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Increase in Usage of Home Electrolysis Systems to Hamper Market
Hypochlorous acid is unstable against ultraviolet (UV) light, sunshine, contact with air, and elevated temperature (?25?). This restricts the usage of hypochlorous acid in various applications, thereby hampering the hypochlorous acid market. The rise in usage of home electrolysis systems/machines to produce hypochlorous acid is estimated to hamper the hypochlorous acid in the U.K. in the near future.
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Disinfectant to Offer Lucrative Opportunities
In terms of application, the hypochlorous acid market in the U.K. has been divided into deodorizing, oxidizing, bleaching, disinfecting, sanitizing, and others. In terms of value, the oxidizing segment dominated the U.K. hypochlorous acid market in 2019. The disinfecting segment is expected to be highly lucrative from 2020 to 2030. Its share is projected to rise by 2030 due to an increase in the demand for disinfectants in various industries due to infectious diseases such as COVID-19. Hypochlorous acid is a highly effective disinfectant in the chlorine family.
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Water & Waste Water Treatment to Dominate Hypochlorous Acid Market
In terms of end use, the hypochlorous acid market in the U.K. has been segregated into water & wastewater treatment, personal care, textile, food & agriculture, cleaning & sterilization, laundry & surface cleaners, swimming pools, pharmaceuticals, and others. In terms of value and volume, the water & wastewater treatment segment accounted for a significant share of the hypochlorous acid market in 2019. The rise in consumer awareness about the importance of clean water as well as enactment of stringent regulations on the supply of potable water by governments are anticipated to boost the consumption of hypochlorous acid in the near future.
Country Highlights
The rise in demand for disinfectants and sanitizers, owing to the current COVID-19 pandemic, is estimated to drive the hypochlorous acid market in U.K. during the forecast period. The enactment of stringent regulations related to the usage of disinfectant and sanitizers is also driving the hypochlorous acid market in the U.K.
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Competition Landscape
The hypochlorous acid market in the U.K. was moderately consolidated with the presence of small and medium scale manufacturers in 2019. The U.K. has been a lucrative market for hypochlorous acid for the last few years. Briotech Inc. and Aqualution Systems Ltd. are key players operating in the hypochlorous acid market in the U.K. Leading players have taken initiatives to expand their presence through acquisitions, increase of production capacity, and strategic partnerships. Key manufacturers operating in the U.K. hypochlorous acid market are Aqualution Systems Ltd., Briotech Inc., Ultrapure HOCL (Pty) Ltd, iHr Produktions- und Vertriebs GmbH & Co. KG, Renapur Ltd., Envirolyte Eca UK Ltd, and CleanCert Holdings Ltd.
