Hypochlorous Acid Market size is anticipated to grow at a rapid pace over 2023–2032, driven by its use as a disinfection agent across myriad applications including food processing equipment, water treatment, wound healing, and commercial cleaning, among others. The product has also been gaining widespread momentum in the food industry due to its ability to sanitize fruits, vegetables, meat, and other products.
Hypochlorous acid (HOCl) is a weak acid consisting of monovalent chlorine that functions either as an oxidizing or reducing agent. It is a human metabolite and belongs to the reactive oxygen species, often used as a safe disinfectant to treat water supplies and food preparation surfaces.
Mounting consumption of hypochlorous acid products in the veterinary sector to ensure pet health and meet their hygiene requirements, increasing R&D projects to examine their potential in treating diabetic foot ulcers, and their extensive use as skincare products foster the overall hypochlorous acid market trends. HOCl can fight against acne and other skin infections due to its antimicrobial effects and anti-inflammatory nature, which will considerably bolster its adoption as an effective skincare ingredient in cosmetic applications.
Hypochlorous acid market share from sodium hypochlorite segment will register a high revenue by 2032, considering its extensive usage as a bleaching agent in the thriving textile, paper & pulp, and detergents industries. The segment growth can be attributed to the rapid product deployment as an oxidizing agent for organic products and a disinfectant in wastewater treatment and sanitary equipment.
Hypochlorous acid boasts its use in wound management. The compound heals and protects wound by destroying different types of bacteria and microorganisms that could cause infection. Besides, HOCl has been demonstrating enhanced wound-healing outcomes in clinical studies while also supporting an increase in the duration of keratinocyte cell line migration within the wound site.
Asia Pacific hypochlorous acid market is expected to depict an appreciable growth through 2032, driven by the alarming rate of water pollution and the significant rise in focus on wastewater treatment to curb the water crisis in developing countries including India. Nearly 70% of the water available in the country is contaminated. Furthermore, the rising prevalence of adult acne among the Indian population will further add impetus to the regional hypochlorous acid share over the forecast spell.
Hypochlorous acid market key players include Westlake Chemical (TTWF LP), Tianjin Ruifuxin Chemical, AGC Chemicals (AGC Inc.), UltraPure HOCL, Surpass Chemical Company, Annihilare Medical Systems, Aditya Birla Chemicals, Tosoh Corporation, Kuehne Company, Lonza Group, Nouryon, Arkema S.A., Lenntech, BASF, and Kemin Industries, among others. Strategic M&A and innovative product launches are among the major efforts undertaken by these firms to expand their stance and business operations across the global market.
Russia’s invasion of Ukraine has impacted almost all commodity markets, although each is impacted differently based on the current trade and other circumstances. The increasing cost of all petrochemicals and chemicals worldwide has resulted in rising crude oil prices and major feedstocks, adversely affecting the hypochlorous acid industry share.