What Has Been the Progress and Growth of the Calcium Hypochlorite Market in Recent Years?
The calcium hypochlorite market has seen considerable growth due to a variety of factors.
• The calcium hypochlorite market has experienced significant growth in recent years. It will expand from $6.06 billion in 2024 to $6.45 billion in 2025, at a compound annual growth rate (CAGR) of 6.6%.
This growth is due to industrial expansion, urbanization, health regulations, the bottled water industry's rise, international trade growth, and increasing awareness of water pollution.
What Is The Expected Growth In The Calcium Hypochlorite Market Size Evolve over the Forecast Period?
The calcium hypochlorite market is expected to maintain its strong growth trajectory in upcoming years.
• The calcium hypochlorite market is projected to grow to $8.21 billion by 2029 with a CAGR of 6.2%.
The growth is driven by increased demand for clean water, expanding healthcare facilities, the need for clean water in agriculture, more hotels and resorts being built, and government health initiatives. Trends include the development of municipal water systems, innovations in swimming pool technologies, improvements in production and packaging, research into waterborne pathogens, and process innovations.
What Main Forces Are Fueling Expansion In The Calcium Hypochlorite Market?
The rising need for clean water is expected to fuel the growth of the calcium hypochlorite market. As the global demand for freshwater increases, calcium hypochlorite is crucial for disinfecting water. The United Nations reported in February 2024 that 2.2 billion people lacked access to safely managed drinking water, highlighting the urgent need for effective water treatment solutions, driving the demand for calcium hypochlorite.
What Are The Primary Segments In The Global Calcium Hypochlorite Market?
The calcium hypochlorite market covered in this report is segmented –
1) By Form: Powder, Granular, Pellets
2) By Production Process: Calcium Process, Sodium Process
3) By Application: Detergent, Agrochemicals, House Cleaners, Water Treatment, Pulp And Paper, Food And Beverages, Textile, Pools And Spas, Other Applications
Subsegments:
1) By Powder: Industrial Grade Powder, Food Grade Powder, Pool Or Water Treatment Powder
2) By Granular: Industrial Grade Granules, Pool Or Water Treatment Granules, Disinfectant Granules
3) By Pellets: Pool Or Water Treatment Pellets, Industrial Disinfectant Pellets, Agricultural Use Pellets
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What New Trends Are Influencing The Calcium Hypochlorite Market?
Major companies in the calcium hypochlorite market are focusing on dry-block calcium hypochlorite to provide customers with more convenient and effective solutions. Dry-block calcium hypochlorite, a granular solid, is being used in various applications, such as water treatment. For instance, in April 2024, SDS Limited, a UK-based water technology specialist, launched an all-in-one grey water recycling system that uses dry-block calcium hypochlorite for chlorine dosing. This system aims to provide cost-effective solutions for smaller buildings like hotels, improving servicing ease and minimizing health and safety concerns compared to liquid chlorine systems.
Who Are the Key Players In The Calcium Hypochlorite Market?
Major companies operating in the calcium hypochlorite market are:
• China Petroleum and Chemical Corporation
• Westlake Chemical Corporation
• Olin Corporation
• Tosoh Corporation
• Lonza Group Ltd
• Nippon Soda Company Pvt Ltd
• Hawkins Inc.
• Sigura
• Aditya Birla Chemicals Ltd.
• Barchemicals
• American Elements
• Innova Corporate
• Nankai Chemical Co Ltd
• Angel Chemicals Private Limited.
• Nikunj Chemical Ltd
• Organic Industries Pvt Ltd.
• Tianjin Ruifuxin Chemical Co. Ltd
• Henan Yuzhou Weilite Chemical Co. Ltd.
• Tianjin Kaifeng Chemical Co. Ltd.
• Axiall Corp.
What Is The Most Dominant Region In The Calcium Hypochlorite Market?
Asia-Pacific was the largest region in the calcium hypochlorite market in 2023. The regions covered in the calcium hypochlorite market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
