Hypochlorous Acid Market Size, Share & Trends Analysis Report By Product (Sodium Hypochlorite, Calcium Hypochlorite), By Application (Sanitizing Agent, Disinfecting Agent), By Region, And Segment Forecasts, 2024 - 2030

Hypochlorous Acid Market Size & Trends

The global hypochlorous acid market size was valued at USD 5.65 billion in 2023 and is projected to grow at a CAGR of 5.6% from 2024 to 2030 owing to the recent surge in hospital-acquired infections (HAIs) which has resulted in an increased need for effective disinfectants, consequently boosting the global market. The product offers several benefits over traditional disinfectants, further fueling market growth. Hospital-acquired infections (HAIs) pose significant challenges globally for both patients and healthcare providers. The increasing rates of hospitalizations worldwide, coupled with HAIs, have heightened the need for effective sterilization of medical equipment and surfaces to minimize microbial contamination. HAIs primarily affect patients undergoing prolonged surgical procedures and are more prevalent among vulnerable groups such as the elderly, young children, and individuals with compromised immune systems.

According to the World Health Organization (WHO), approximately 7 out of every 100 patients in high-income countries and 15 out of every 100 patients in low- and middle-income countries develop at least one healthcare-associated infection during their hospital stay. On average, one in ten patients affected by HAIs may succumb to these infections. Consequently, the increasing incidence of HAIs is expected to drive demand for advanced disinfection solutions in healthcare settings to curb infection transmission, thereby fueling growth in the global product market.

Recent years have seen a surge in research and development focusing on innovative uses of hypochlorous acid. For instance, a study in December 2021 explored aerosolized hypochlorous acid and hydrogen peroxide solutions to deactivate SARS-CoV-2 and influenza A virus on environmental surfaces. This Dry Fog solution leaves surfaces dry after application.

Moreover, the product market faces significant constraints due to the availability of alternative disinfectants. Products like quaternary ammonium, chlorine-based compounds, compounds, and hydrogen peroxide offer comparable disinfection efficacy across a wide range of applications. Factors such as safety profiles, environmental impact, cost efficiency, and regulatory approvals contribute to the preference for these alternatives over the product.

Product Insights

Sodium hypochlorite dominated the market with a revenue share of 56.8% in 2023 owing to its wide usage as a disinfectant, bleaching agent, and sanitizer. Sodium hypochlorite solutions are effective against a broad spectrum of microorganisms and are used in various applications such as water treatment, household cleaning, and surface disinfection.

One of the primary uses of calcium hypochlorite is in water treatment. It is widely used to disinfect and sanitize drinking water, waste water and swimming pools. It effectively kills bacteria, viruses, and algae, making water safe for human consumption and recreational use.

Application Insights

Oxidizing agent application dominated the market with a revenue share of 37.8% in 2023. The product is widely used as a disinfectant and sanitizer due to its strong oxidizing power against bacteria, viruses, and other pathogens. It is used in healthcare facilities, food processing plants, hospitality settings, and homes to disinfect surfaces, equipment, and water.

In addition, the product is also extensively used in hospitals, clinics, and healthcare facilities for sanitizing medical equipment, surfaces, and patient care areas. It helps in reducing the risk of healthcare-associated infections (HAIs) and maintaining a clean environment conducive to patient recovery.

Region Insights

North America hypochlorous acid market dominated the global market with a revenue share of 45.5% in 2023, owing to stringent regulatory requirements, strong consumer demand for hygiene, and the increasing adoption of advanced disinfection technologies. Regulatory frameworks governing sanitizer use across various industries are expected to foster market growth in the region. For instance, the U.S. Food and Drug Administration mandates strict controls on potent sanitizers used in the food industry to combat germs and microbes on food-contact surfaces. These factors are projected to propel market growth in North America over the forecast period.

U.S. Hypochlorous Acid Market Trends

The hypochlorous acid market in the U.S. is increasing due to awareness among consumers about health and hygiene is driving demand for effective disinfectants like hypochlorous acid. This trend is particularly notable in sectors such as healthcare, food processing, and hospitality.

Asia Pacific Hypochlorous Acid Market Trends

The hypochlorous acid market in Asia Pacific is rising due to the rapid urbanization and industrialization in many countries that has led to a higher demand for effective disinfectants and sanitizers. Hypochlorous acid's versatility and effectiveness in controlling pathogens make it a preferred choice in urban environments, industrial facilities, and public spaces.

Moreover, the introduction of new disinfectants and sanitizers based of product is expected to drive growth in the regional market. For example, in November 2020, Aquox, a domestic Indian company, launched two variants of a multipurpose disinfectant utilizing HOCl - AQ-DG 200 and AQ-DG 300. These generators are designed to effectively eliminate harmful substances and fight bacteria and viruses within a rapid 30-second timeframe, according to the company's claims.

Europe Hypochlorous Acid Market Trends

The hypochlorous acid market in Europe is growing, as Europe has strict regulatory standards regarding disinfectants and sanitizers. For example, the European Chemicals Agency (ECHA) oversees the Biocidal Products Regulation (BPR), which regulates the use of biocidal products, including those containing hypochlorous acid. Compliance with these regulations ensures product safety and efficacy, driving market growth.

Key Hypochlorous Acid Company Insights

Some of the key players operating in the market include BASF SE, Lenntech B.V., Nouryon, Lonza, Aditya Birla Chemicals, Surpass Chemical Company, Ultrapure HOCL, AGC Chemicals, ACURO ORGANICS LIMITED, Swiss Chemi Pvt. Ltd.

• BASF SE, a Germany-based chemicals manufacturing company, holds a significant position globally in the chemicals manufacturing industry. It operates through its 6 business segments namely: Chemicals, Surface Technologies, Materials, Nutrition & care, Industrial Solutions, Agricultural Solutions.

• Aditya Birla Group is a globally renowned conglomerate, with a diverse portfolio spanning various industries such as metals, cement, textiles, chemicals, and more. The group operates in over 36 countries worldwide. Aditya Birla produces and markets this versatile chemical compound like Hypochlorous Acid (HOCl) through its subsidiary, Aditya Birla Chemicals.

Recent Developments

• In January 2023, BASF unveiled its latest hypochlorous acid offering, HyPure, specifically developed for applications in water treatment and disinfection.

• In January 2024, Sonoma Pharmaceuticals, Inc. launched LumacynTM Clarifying Mist for direct over-the-counter sales in the United States. This mist spray is designed to calm inflamed skin using Sonoma's proprietary stabilized hypochlorous acid, known for its anti-inflammatory and antibacterial properties.

Hypochlorous Acid Market Report Scope

Global Hypochlorous Acid Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global hypochlorous acid market report based on product, application & region:

• Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Sodium Hypochlorite

  • Calcium Hypochlorite

  • Other Products

• Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Sanitizing Agent

  • Disinfecting Agent

  • Oxidizing Agent

  • Other

• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Australia

  • Central & South America

    • Brazil

    • Argentina

  • Middle East and Africa

    • Saudi Arabia

    • South Africa