Bleaching Agents Market Size To Reach $1,350.1 Million 2030

Bleaching Agents Market Growth & Trends

The global bleaching agents market size is expected to reach USD 1,350.1 million by 2030, registering a CAGR of 5.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of end-user industries, such as textiles, paper & pulp, food processing, and healthcare, is a major factor driving the growth of the market. Bleaching agents are chemically reactive and can break down chemical bonds in pigments, causing loss of color. They are primarily categorized as oxidizing or reducing based on their mechanism of action. The textile industry is a major end-user industry for bleaching agents. Major bleaching agents used in textile manufacturing include hydrogen peroxide, sodium hypochlorite, and sodium chlorite. They provide a base whiteness to the textile material for subsequent coloring with desired colors.

Oxidative agents are used for natural fibers, such as lines, jute, and wool, while reductive chemicals are used primarily for polyacrylates and polyamide. Governments in various countries are taking measures to develop their textile industry as a major source of exports. For instance, in August 2023, the government of India announced a grant in aid of up to 50 lakhs (USD 60,000) to promote innovation in the technical textiles segment. Under the scheme, the government will provide aid for up to a period of 18 months to promising startups selected after the submission of proposals through online portals. The textile ministry has aimed to support 100- 150 startups in the first phase of this scheme and will direct its focus to the niche segments of smart textiles, specialty fibers, and sustainable textiles.

The paper & pulp industry is another big consumer for the product, which is primarily used to increase the whiteness of the pulp. In most cases, oxidants, such as chlorine dioxide, calcium hypochlorite, hydrogen peroxide, and ozone, are used in chemical pulp-bleaching technologies. The growth of the e-commerce sector is increasing the opportunities for online stationery stores, which, in turn, is expected to help boost the sales of writing and printing paper products in the mid-term. The young demographic profile of countries, such as India and Bangladesh, with the government’s continued emphasis on the education sector, is expected to help the paper industry in those nations. The product consumption in the production of paper is expected to increase in the mid to long term.

Europe is expected to register significant growth due to widespread applications in the region, such as wastewater treatment. Chlorine-based bleaching agents, such as sodium hypochlorite, are key components in these treatment processes. The European Union has enacted strict directives on the treatment of wastewater, such as the Urban Wastewater Treatment Directive enacted in 1991, which mandates the treatment of wastewater before its release in water bodies. In line with the directives, over 90% of urban wastewater is dealt with treatment processes before its release and the aim is to reduce water pollution by 365 thousand tonnes by 2040. The increasing scale of water treatment activities in the region is expected to drive consumption in the region.

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Bleaching Agents Market Report Highlights

• The powder segment is expected to register the fastest CAGR of 6% from 2023 to 2030 due to a rise in product usage in consumer applications, such as personal care, cleaning, and sanitization

• Chlorine dioxide is expected to be the fastest-growing product segment with a CAGR of 5.05% during the forecast period due to the widespread product usage in the water treatment, paper & pulp, and textile industries

• The pulp & paper segment is expected to register the fastest CAGR of 6.6% from 2023 to 2030 due to the increasing production of paper to cater to the rising demand in developing countries

• Europe is expected to emerge as the fastest-growing regional market with a CAGR of 5.9% from 2023 to 2030 due to a wide product application scope in wastewater treatment practices

• New regulations and tightening of existing ones on environmental issues related to water pollution around the world have made wastewater treatment an essential process. Hence product usage in wastewater treatment processes is expected to grow in the future

Bleaching Agents Market Segmentation

Grand View Research has segmented the global bleaching agents market on the basis of form, product, end-use, and region:

Bleaching Agents Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Powder

• Liquid

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

• Azodicarbonamide

• Hydrogen Peroxide

• Ascorbic Acid

• Acetone Peroxide

• Chlorine Dioxide

• Other Products

Bleaching Agents End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Food & Beverages

• Pulp & Paper

• Textile

• Household Laundering

• Other End-uses

Bleaching Agents 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

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • South Africa

List of Key Players in the Bleaching Agents Market

• Evonik Industries

• Solvay

• Kemira

• CHT Group

• MITSUBISHI GAS CHEMICAL COMPANY, INC.

• National Peroxide Limited

• Solenis

• Christeyns

• BASF SE

• WelChem GmbH