The global demand for Hypochlorous Acid Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Tons in 2021 and foreseen to touch XX Tons by 2027 with a CAGR of XX% during 2021-2027.
Hypochlorous acid is a weak acid, produced by dissolving chlorine in the water. It holds excellent oxidizing and microbial properties. It is used as a disinfectant agent in medical and clinics, water treatment, and food & beverage industry. There are two types of hypochlorous acid include sodium hypochlorite and calcium hypochlorite. Sodium hypochlorite is a broadly consumed hypochlorous acid and can be easily stored and transported. Hypochlorous acid is used in various end-user industries such as water treatment, wound management, food and beverage, oil and gas, and personal care. It has excellent disinfectant properties, which assist in destroying pathogens, bacteria, and fungi.
The market is primarily driven by rising demand for oxidizing and disinfecting agents to provide quality water across the globe. It is highly cost-effective and non-toxic to humans and animals. Hence, it is highly preferred in the water treatment industry. Apart from this, it is broadly used in the medical industry as a disinfectant agent. Furthermore, an increase in the occurrence of skin problems such as acne, scars, and cold sores owing to a rise in air pollution levels and changing dietary patterns may boost market share. Rising disposable income, growing consumer awareness related to personal hygiene, and the adverse effects of calcium salts in deodorants may increase hypochlorous acid market penetration in personal care products, thereby boosting the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of hypochlorous acid.
The entire hypochlorous acid market has been sub-categorized into product type, applications and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Sodium Hypochlorite
- Calcium Hypochlorite
- Sanitizing Agent
- Oxidizing Agent
- Water Treatment
- Wound Management
- Food & Beverages
- Oil & Gas
- Personal Care
This section covers regional segmentation which accentuates on current and future demand for hypochlorous acid market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Hypochlorous Acid Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hypochlorous acid market include BASF, Lenntech B.V., Arkema S.A., Nouryon, Lonza., Kuehne Company, Tosoh Corporation, Aditya Birla Chemicals, Surpass Chemical Company, Ultrapure HOCL, AGC Chemicals, Westlake Chemical Corporation, Tianjin Ruifuxin Chemical, Westlake Chemical Corporation. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.