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Bleaching Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global bleaching agents market size reached US$ 842 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,072 Million by 2028, exhibiting a growth rate (CAGR) of 4% during 2023-2028.

A bleaching agent is a chemical product that is used industrially or domestically to whiten or remove the color from different materials and products. It is typically used in households to whiten clothes and remove stains or as a disinfectant in laundry detergents and surface cleaners. It is primarily available in the liquid form as a dilute solution of sodium hypochlorite and in the powdered form containing the formulation of calcium hypochlorite. 

 

 
 

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The extensive application of bleaching agents across industries such as textile and paper is the key factor driving the growth of the market. Furthermore, in the food and beverage industry, they are used in the preparation of bakery dough for improving its structure and increasing elasticity. These agents are also used as an additive in flour to decolor the yellowish appearance of the raw mill flour and make it ready for market supply. In addition to this, they are widely used for sanitizing swimming pools and play a crucial role in purifying water to make it suitable for drinking. As a result, increasing investments in wastewater treatment plants by governments of several countries, along with the introduction of chlorine-free or green bleaching agents with low chemical residue and emissions, are contributing significantly to the market growth. Bleaching agents also find wide utilization in the cosmetic and beauty industry in hair dyes and teeth whitening products, and in the chemical industry as an oxidizing agent.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global bleaching agents market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, form and end-user industry.

Breakup by Product Type:

 

 
 

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  • Azodicarbonamide 
  • Hydrogen Peroxide
  • Ascorbic Acid
  • Acetone Peroxide
  • Chlorine Dioxide
  • Others
     

Breakup by Form:

  • Powder
  • Liquid
     

Breakup by End-User Industry:

  • Pulp and Paper
  • Textile
  • Construction
  • Electrical and Electronics
  • Water Treatment
  • Healthcare
  • Others
     

Breakup by Region:

 

 
 

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  • Asia Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being BASF, Aditya Birla Chemicals, Evonik, Solvay, Akzonobel, Hawkins, Inc., Siemer Milling, Peroxychem, Supraveni Chemicals, Spectrum Chemicals, Engrain, Gujarat Alkalies and Chemicals, Unilever, The Procter & Gamble Company, The Clorox Company, etc.

IMARC Group’s latest report provides a deep insight into the global bleaching agents market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global bleaching agents market in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Million
Segment Coverage Product Type, Form, End-User Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered BASF, Aditya Birla Chemicals, Evonik, Solvay, Akzonobel, Hawkins, Inc., Siemer Milling, Peroxychem, Supraveni Chemicals, Spectrum Chemicals, Engrain, Gujarat Alkalies and Chemicals, Unilever, The Procter & Gamble Company and The Clorox Company
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Bleaching Agents Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Product Type
    5.5    Market Breakup by Form
    5.6    Market Breakup by End-User Industry 
    5.7    Market Breakup by Region
    5.8    Market Forecast
6   Market Breakup by Product Type
    6.1    Azodicarbonamide
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Hydrogen Peroxide
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Ascorbic Acid
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Acetone Peroxide
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Chlorine Dioxide
        6.5.1    Market Trends
        6.5.2    Market Forecast
    6.6    Others
        6.6.1    Market Trends
        6.6.2    Market Forecast
7   Market Breakup by Form
    7.1    Powder
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Liquid
        7.2.1    Market Trends
        7.2.2    Market Forecast
8   Market Breakup by End-User Industry
    8.1    Pulp and Paper
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Textile
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Construction
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Electrical and Electronics
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Water Treatment
        8.5.1    Market Trends
        8.5.2    Market Forecast
    8.6    Healthcare
        8.6.1    Market Trends
        8.6.2    Market Forecast
    8.7    Others
        8.7.1    Market Trends
        8.7.2    Market Forecast
9   Market Breakup by Region
    9.1    Asia Pacific
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Europe
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    North America
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Middle East and Africa
        9.4.1    Market Trends
        9.4.2    Market Forecast
    9.5    Latin America
        9.5.1    Market Trends
        9.5.2    Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
    11.1    Overview
    11.2    Research and Development
    11.3    Raw Material Procurement
    11.4    Manufacturing
    11.5    Marketing
    11.6    Distribution
    11.7    End-Use
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
    13.1    Key Price Indicators
    13.2    Price Structure
    13.3    Margin Analysis
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players    
    14.3    Profiles of Key Players
        14.3.1    BASF
        14.3.2    Aditya Birla Chemicals
        14.3.3    Evonik
        14.3.4    Solvay
        14.3.5    Akzonobel
        14.3.6    Hawkins, Inc.
        14.3.7    Siemer Milling
        14.3.8    Peroxychem
        14.3.9    Supraveni Chemicals
        14.3.10      Spectrum Chemicals
        14.3.11      Engrain
        14.3.12      Gujarat Alkalies and Chemicals
        14.3.13      Unilever
        14.3.14      The Procter & Gamble Company
        14.3.15      The Clorox Company

List of Figures

Figure 1: Global: Bleaching Agents Market: Major Drivers and Challenges
Figure 2: Global: Bleaching Agents Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Bleaching Agents Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Bleaching Agents Market: Breakup by Form (in %), 2022
Figure 5: Global: Bleaching Agents Market: Breakup by End-User Industry (in %), 2022
Figure 6: Global: Bleaching Agents Market: Breakup by Region (in %), 2022
Figure 7: Global: Bleaching Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 8: Global: Bleaching Agents Industry: SWOT Analysis
Figure 9: Global: Bleaching Agents Industry: Value Chain Analysis
Figure 10: Global: Bleaching Agents Industry: Porter’s Five Forces Analysis
Figure 11: Global: Bleaching Agents (Azodicarbonamide) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Bleaching Agents (Azodicarbonamide) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Bleaching Agents (Hydrogen Peroxide) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Bleaching Agents (Hydrogen Peroxide) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Bleaching Agents (Ascorbic Acid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Bleaching Agents (Ascorbic Acid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Bleaching Agents (Acetone Peroxide) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Bleaching Agents (Acetone Peroxide) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Bleaching Agents (Chlorine Dioxide) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Bleaching Agents (Chlorine Dioxide) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Bleaching Agents (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Bleaching Agents (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Bleaching Agents (Powder) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Bleaching Agents (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Bleaching Agents (Liquid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Bleaching Agents (Liquid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Bleaching Agents (Pulp and Paper) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Bleaching Agents (Pulp and Paper) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Bleaching Agents (Textile) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Bleaching Agents (Textile) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Bleaching Agents (Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Bleaching Agents (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Bleaching Agents (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Bleaching Agents (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Bleaching Agents (Water Treatment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Bleaching Agents (Water Treatment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Bleaching Agents (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Bleaching Agents (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Bleaching Agents (Other End-User Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Bleaching Agents (Other End-User Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Asia Pacific: Bleaching Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Asia Pacific: Bleaching Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Europe: Bleaching Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Europe: Bleaching Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: North America: Bleaching Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: North America: Bleaching Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Middle East and Africa: Bleaching Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Middle East and Africa: Bleaching Agents Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Latin America: Bleaching Agents Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Latin America: Bleaching Agents Market Forecast: Sales Value (in Million US$), 2023-2028

List of Tables

Table 1: Global: Bleaching Agents Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Bleaching Agents Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Bleaching Agents Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 4: Global: Bleaching Agents Market Forecast: Breakup by End-User Industry (in Million US$), 2023-2028
Table 5: Global: Bleaching Agents Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Bleaching Agents Market Structure
Table 7: Global: Bleaching Agents Market: Key Players


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Key Questions Answered in This Report

The global bleaching agents market was valued at US$ 842 Million in 2022.

We expect the global bleaching agents market to exhibit a CAGR of 4% during 2023-2028.

The rising demand for bleaching agents in sanitizing swimming pools and purifying water to make it suitable for drinking is primarily driving the global bleaching agents market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for bleaching agents.

Based on the product type, the global bleaching agents market can be segmented into azodicarbonamide, hydrogen peroxide, ascorbic acid, acetone peroxide, chlorine dioxide, and others. Currently, chlorine dioxide holds the majority of the total market share.

Based on the form, the global bleaching agents market has been divided into powder and liquid, where powder currently exhibits a clear dominance in the market.

Based on the end-user industry, the global bleaching agents market can be categorized into pulp and paper, textile, construction, electrical and electronics, water treatment, healthcare, and others. Among these, the pulp and paper industry accounts for the largest market share.

On a regional level, the market has been classified into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America, where Asia Pacific currently dominates the global market.

Some of the major players in the global bleaching agents market include BASF, Aditya Birla Chemicals, Evonik, Solvay, Akzonobel, Hawkins, Inc., Siemer Milling, Peroxychem, Supraveni Chemicals, Spectrum Chemicals, Engrain, Gujarat Alkalies and Chemicals, Unilever, The Procter & Gamble Company, The Clorox Company, etc.

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