The sodium percarbonate market size has experienced significant growth in recent years, projected to increase from $1.19 billion in 2023 to $1.30 billion in 2024, reflecting a compound annual growth rate (CAGR) of 9.1%. This growth is primarily driven by rising consumer awareness of environmental issues, urbanization, and elevated standards. The shift towards sodium percarbonate as a safer alternative has been noteworthy, particularly in water treatment applications, which have adopted it for its efficiency, alongside growth in the laundry detergent sector. Looking ahead, the sodium percarbonate market is expected to continue its robust growth, reaching $1.84 billion in 2028 at a CAGR of 9.2%. This future growth will be supported by increased prioritization of sustainability and eco-friendliness, the stabilization of sodium percarbonate for extended shelf life, a burgeoning e-commerce sector that facilitates global distribution, rising concerns over water scarcity and pollution, and the enforcement of more stringent environmental and safety regulations. Major trends anticipated in the forecast period include a shift towards green chemistry and environmentally safe practices, increased exploration of sodium percarbonate in solid cleaning agents, and its growing popularity within the textile sector.
Global Sodium Percarbonate Market Key Driver
Increasing consumer demand for detergents is expected to propel the growth of the sodium percarbonate market going forward. Detergents, typically surfactants or mixtures of surfactants, possess cleansing properties when diluted in water. The rising demand for detergents is fueled by heightened hygiene awareness, urbanization trends, increasing disposable incomes, technological innovations, and environmental consciousness. Sodium percarbonate enhances detergents by providing effective bleaching and cleaning capabilities, serving as an eco-friendly alternative to harsh chemicals. For instance, in June 2023, Procter & Gamble Company reported that net sales for fabric and home care products reached $28,371 million, marking a 3% increase from $27,556 million in 2022, with an 8% growth in organic sales. Therefore, the growing consumer demand for detergents is driving the sodium percarbonate market.
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Global Sodium Percarbonate Market Segments
The sodium percarbonate market covered in this report is segmented –
1) By Type: Coated, Uncoated, Tablet
2) By Application: Detergent Agent, Bleaching Agent, Cleaning Agent, Water Treatment, Other Applications
3) By End-Use: Household Cleaning, Laundry, Industrial Cleaning, Textile Industry, Chemical Industry, Papermaking Industry, Food Industry, Other End-Uses
By Geography:The regions covered in the sodium percarbonate market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the sodium percarbonate market in 2023. Europe is expected to be the fastest-growing region in the forecast period.
Major Sodium Percarbonate Industry Players
The Procter & Gamble Company, Merck KGaA, Evonik Industries AG, Hodogaya Chemical Co. Ltd., Zhejiang Jinke Chemical Co. Ltd., Akkim Kimya, OCI Peroxygens LLC, American Elements, Kylin Chemicals Co. Ltd., Hongye Chemical Co. Ltd., Acuro Organics Limited, STPP Group CO. LIMITED, DUBI CHEM MARINE INTERNATIOAL, Ronas Chemical Co. Ltd., Hexing Chemical Industry Co. Ltd., S D C Enterprises Ltd., A B Enterprises, Junsei Chemical Co. Ltd., Jiangxi Boholy Chemical Co. Ltd., Dhairya International
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Sodium Percarbonate Market Overview
Sodium percarbonate is a chemical compound composed of sodium carbonate and hydrogen peroxide, often used as an environmentally friendly bleaching agent. It releases oxygen when dissolved in water, making it effective for stain removal, disinfecting, and deodorizing. Its formula is Na2CO3·1.5H2O2, combining the cleaning properties of sodium carbonate and the oxidizing power of hydrogen peroxide. Sodium percarbonate is biodegradable and breaks down into natural components.
Sodium Percarbonate Global Market Report 2023 provides data on the global sodium percarbonate market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The sodium percarbonate market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
