The hypochlorous acid market has seen considerable growth due to a variety of factors.
• The market for hypochlorous acid has seen significant growth in the past few years. The market value is expected to rise from $5.4 billion in 2024 to $5.87 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.7%.
Several factors have contributed to this historical growth, including the growth in veterinary use, expansion in the food industry, the booming e-commerce industry, a surge in sales of portable sanitizers, and increased awareness of health risks.
The hypochlorous acid market is expected to maintain its strong growth trajectory in upcoming years.
• The market for hypochlorous acid is projected to experience considerable expansion in the upcoming years, with an expectation to reach a value of $8.11 billion by 2029, showcasing a compound annual growth rate of 8.4%.
Factors contributing to growth during the forecasted term include increased focus on infection control protocols, cost-effectiveness, utilization of green and eco-friendly chemicals, growth of the cosmetics sector, and expansion of veterinary healthcare services. Key trends for the forecasted period encompass the use of portable devices, the creation of intelligent systems, progress in electrolyzed water production, degradability, and the prepared availability of hypochlorous acid solutions.
The escalating significance of food hygiene and decontamination is projected to power the expansion of the hypochlorous acid market. Food hygiene and decontamination refer to protocols and statutes intended to ensure contamination-free and safe food for consumption, thereby preserving the public's health. The spike in the importance of food hygiene and decontamination can be traced back to various factors such as public health risks, amplified consumer consciousness, and a commitment to sustainability. Hypochlorous acid is esteemed for its potent antimicrobial properties, rendering it highly effective in sterilizing surfaces, apparatus, and food products, thereby reducing the probability of foodborne ailments. For example, a Belgium-based public opinion poll conducted by the European Commission- the Eurobarometer, revealed in December 2022, that nearly 46% of Europeans were equally apprehensive about food hygiene and sustaining a healthful diet. Conversely, about 31% placed a healthful diet above food hygiene, whereas a mere 21% felt more threatened by food-related hazards. Hence, the burgeoning significance of food hygiene and decontamination is fuelling the hypochlorous acid market's growth.
The hypochlorous acid market covered in this report is segmented –
1) By Type: Sodium Hypochlorite, Calcium Hypochlorite, Other Types
2) By Application: Sanitizing Agent, Disinfecting Agent, Oxidizing Agent, Other Applications
3) By End Use: Personal Care, Wound Management, Food And Agriculture, Oil And Gas, Water Treatment, Other End Uses
Subsegments:
1) By Sodium Hypochlorite: Liquid Sodium Hypochlorite, Solid Sodium Hypochlorite, Sodium Hypochlorite Solution For Industrial Use, Sodium Hypochlorite Solution For Household Use
2) By Calcium Hypochlorite: Granular Calcium Hypochlorite, Tablets of Calcium Hypochlorite, Calcium Hypochlorite For Water Treatment, Calcium Hypochlorite For Pool Maintenance, Other Types
3) By Other Types: Potassium Hypochlorite, Magnesium Hypochlorite, Hypochlorous Acid Solutions
Key players in the hypochlorous acid market are leveraging product innovation, such as mist sprays, to diversify their product line and boost efficacy. Mist spray, a fine and lightweight spray, serves to apply skincare products uniformly on the skin, keeping it hydrated and refreshed. A case in point is the launch of Lumacyn Clarifying Mist by Sonoma Pharmaceuticals Inc., a pharmaceutical company based in the US, in January 2024. This product, an all-natural, pH-balanced toner, is formulated with stabilized hypochlorous acid, designed to alleviate redness, irritation, and blemishes. Being devoid of fragrances and additives, it is suitable for a broad spectrum of skin types and ages. Available as an over-the-counter product in the United States, it's an all-natural, pH-balanced solution that poses no harm to any age group or skin type due to its absence of fragrances and additives.
Major companies operating in the hypochlorous acid market are include:
•BASF SE
• AGC Inc.
• Olin Corporation
• Tosoh Corporation
• The Clorox Company
• Nipro Corporation
• WCS Environmental Ltd
• Hawkins Inc.
• RX Marine International
• Kuehne Company
• Aditya Birla Chemicals Ltd
• Surpass Chemical Co Inc.
• Sonoma Pharmaceuticals Inc.
• Innova Corporate
• EcoloxTech
• Aqualution Systems Ltd.
• Acuro Organics Limited
• Lenntech B.V.
• Junsei Chemical Co. Ltd.
• Sterasure Inc.
• Ultrapure HOCL
• Tianjin Ruifuxin Chemical Co. Ltd
North America was the largest region in the hypochlorous acid market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hypochlorous acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.