Global Sodium Hypochlorite Market Analysis

Global Sodium Hypochlorite Market Analysis

Disinfectants segment is estimated to exceed USD 98 million in 2020. Emerging economies such as Brazil, India, China, and South Africa provide significant opportunities for players of sodium hypochlorite due to increasing surface disinfectants market. The increasing need for improved healthcare services in these economies is driven by the rapidly increasing aging population as well as high patient volumes. Increasing spending power of consumers on personal hygiene is also further increasing the sodium hypochlorite market segment demand for disinfection.
 

Water treatment is anticipated to reach over USD 128 million by 2027. Water treatment is witnessing global demand due to scarcity of water in many countries. Due to this government initiatives have been taken to reuse the wastewater from municipality as well as industry. This will not only help the governments to fulfil the demand for water but also will help to maintain an ecological balance by not discharging harmful effluents in rivers as well as oceans. This factor is helping the product to accelerate the sodium hypochlorite market revenue.

Asia Pacific sodium hypochlorite market is estimated to reach over USD 105 million with a growth over 5.6% by the end of 2027 owing to the increasing consumer awareness regarding health and hygiene. The increasing adoption of sodium hypochlorite in wastewater treatment market as well as disinfectants market is helping Asia Pacific region to be dominant in the market. Countries such as China, Japan, and South Korea are the major contributors. Whereas India is having highest growth rate due to the imposition of strict regulations on industries to control water pollution.