Report Overview
[170+ Pages Research Report] Calcium Hypochlorite Market to surpass USD 9.59 billion by 2031 from USD 6.43 billion in 2021 at a CAGR of 3.4% throughout the forecast period 2021-31
Product Overview
Calcium hypochlorite is a chemical compound that is inorganic. It is also known as bleaching powder, and it is one of the most widely used chemicals for water sanitation in order to prevent water-borne diseases such as cholera and typhoid. Ca(ClO)2 is its chemical formula. Calcium hypochlorite is an active ingredient in a variety of commercial products, including chlorine powder, bleaching powder, and others. Calcium hypochlorite is primarily used as a bleaching agent in water treatment applications. Calcium hypochlorite is an inorganic compound that exists in the form of a white granular solid. Because calcium hypochlorite contains a high concentration of chlorine, it smells similar to chlorine. Furthermore, calcium liquid bleach is more widely used as a bleaching agent and disinfectant than sodium hypochlorite because it is more stable and contains more chlorine than sodium hypochlorite.
Market Highlights
Global Calcium Hypochlorite market is expected to project a notable CAGR of 3.4% in 2031.
Global Calcium Hypochlorite to surpass USD 9.59 billion by 2031 from USD 6.43 billion in 2021 at a CAGR of 3.4% in the coming years, i.e., 2021-31. The market is being driven by rising product demand from various end-user applications, which are increasingly relying on the product to effectively disinfect and purify systems. Product demand is being driven by rising consumer awareness of the importance of product quality and hygiene. as well as in the purification of drinking water.
Figure - Market Analysis of Global Calcium Hypochlorite Market
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Global Calcium Hypochlorite: Segments
Powder segment to grow with the highest CAGR during 2021-31
Based on form, global Calcium Hypochlorite Market is fragmented into Powder, Granular and Pellet. This high share can be attributed to the increasing use of powder form in a variety of end-user applications due to its texture. It is a calcium chloride and lime mixture that is sold as bleach or chlorine powder. It's commonly used as a bleaching agent and in water treatment. It is also used as an ingredient in bleaching powder for linen and cotton bleaching.
Water Treatment segment to grow with the highest CAGR during 2021-31
Global Calcium Hypochlorite market is classified on the basis of application into Water Treatment, House Cleaner, Agrochemical, Pulp and Paper, Food and Beverage and Detergent. This high share can be attributed to increased product usage in water treatment plants, particularly following the worldwide outbreak of the COVID-19 pandemic. Because of its ability to remove harmful microorganisms, it is also used as an active ingredient in pesticides. It is commonly used in laundry to remove stains from fabrics due to its oxidising properties.
Figure - Market Analysis of Global Calcium Hypochlorite Market
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Market Dynamics
Drivers
Usage in various industries and expansion of distribution networks
Calcium hypochlorite is a strong oxidising agent that is used in the paper and pulp industries as well as the agrochemical manufacturing industries. Major manufacturers of calcium hypochlorite are focusing on expanding their distribution networks and establishing competitive pricing in order to gain a strategic advantage in the global market. Furthermore, calcium hypochlorite is widely used in cleaners and detergents for cleaning and sanitation. Due to its low cost, it is widely used in all public and private sectors to keep their surroundings clean and disinfected.
Increased water borne diseases and awareness of clean water
Calcium hypochlorite, as the active agent of bleaching powder, is widely used in water purification plants for the purification of drinking water. The global increase in casualties from water-borne diseases such as cholera and typhoid, as well as the need for clean and safe drinking water, has all contributed to the growth of the global calcium hypochlorite market. At the moment, waste water recycling and desalination are regarded as major sources of usable fresh water and the rapid expansion of desalination plants in various countries has increased demand for calcium hypochlorite in water treatment processes.
Restraint
High manufacturing cost associated with the market
There is a high manufacturing cost associated with the Calcium Hypochlorite market, which is expected to hamper its growth. Furthermore, the fixed cost of installation in the market is also high and limits market growth.
Global Calcium Hypochlorite: Key Players
- Nippon Soda Co. Ltd.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
- Sree Rayalaseema Hi-Strength Hypo Ltd.
- Tianjin Kaifeng Chemical Co. Ltd.
- Tianjin Ruifuxin Chemical Co. Ltd.
- Tosoh Corporation
- Aditya Birla Chemicals Ltd.
- China Petrochemical Corporation
- Lonza Group Ltd.
- Nikunj Chemical Limited
- Other Prominent Players
Global Calcium Hypochlorite: Regions
Global Calcium Hypochlorite market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Growing demand from end-use industries such as water treatment, household cleaners, and agrochemicals is expected to drive the Asia Pacific market. Furthermore, the presence of developing nations such as India, China, and Japan, as well as the huge population density of India and China, is one of the reasons for the increased use in these regions.
Impact of Covid-19 on Calcium Hypochlorite Market
The growing demand for calcium hypochlorite in the water treatment industry, as well as the ongoing COVID-19 pandemic, is driving the global market. One of the most widely used bleaching, sanitation, and disinfecting agents is calcium hypochlorite. The ongoing COVID-19 pandemic has caused a shift in consumer attitudes around the world, with the World Health Organization recommending that drinking water be disinfected with calcium hypochlorite. Furthermore, rising public awareness of hygiene, particularly in the aftermath of the COVID-19 pandemic, is expected to fuel demand.
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Global Calcium Hypochlorite is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Global Calcium Hypochlorite report also contains analysis on:
Calcium Hypochlorite Segments:
- By Form
- Powder
- Granular
- Pellet
- By Application
- Water Treatment
- House Cleaner
- Agrochemical
- Pulp and Paper
- Food and Beverage
- Detergent
- Calcium Hypochlorite Dynamics
- Calcium Hypochlorite Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
Calcium Hypochlorite Market Report Scope and Segmentation
Calcium Hypochlorite Segments:
- By Form
- Powder
- Granular
- Pellet
- By Application
- Water Treatment
- House Cleaner
- Agrochemical
- Pulp and Paper
- Food and Beverage
- Detergent
- Calcium Hypochlorite Dynamics
- Calcium Hypochlorite Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
Calcium Hypochlorite Market Report Scope and Segmentation
REPORT ATTRIBUTE |
DETAILS |
Market size value in 2021 |
USD 6.43 billion |
Revenue forecast in 2031 |
USD 9.59 billion |
Growth Rate |
CAGR of 3.4% from 2021 to 2031 |
Base year for estimation |
2020 |
Quantitative units |
Revenue in USD million and CAGR from 2021 to 2030 |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Form, Application and Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Key companies profiled |
Nippon Soda Co. Ltd., Sree Rayalaseema Hi-Strength Hypo Ltd., Tianjin Kaifeng Chemical Co. Ltd., Tianjin Ruifuxin Chemical Co. Ltd., Tosoh Corporation, Aditya Birla Chemicals Ltd., China Petrochemical Corporation, Lonza Group Ltd., Nikunj Chemical Limited, and Other Prominent Players |
Frequently Asked Questions (FAQ):
Calcium Hypochlorite market size was estimated at USD 6.43 billion in 2021 and is expected to reach USD 9.59 billion in 2031.
Calcium hypochlorite is a chemical compound that is inorganic. It is also known as bleaching powder, and it is one of the most widely used chemicals for water sanitation in order to prevent water-borne diseases such as cholera and typhoid. Ca(ClO)2 is its chemical formula.
Powder and Water treatment accounted for the largest Calcium Hypochlorite market share.
Key players: Nippon Soda Co. Ltd., Sree Rayalaseema Hi-Strength Hypo Ltd., Tianjin Kaifeng Chemical Co. Ltd., Tianjin Ruifuxin Chemical Co. Ltd are the key players in the Calcium Hypochlorite market.
The global increase in casualties from water-borne diseases such as cholera and typhoid, as well as the need for clean and safe drinking water, has all contributed to the growth of the global calcium hypochlorite market.