Bleaching Agents Market in Peroxide based agents to grow at 5.5% CAGR till 2025

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Global Bleaching Agents Market to hit 91bn by
2025 Global Market Insights Inc.
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Industry Overview

• Bleaching Agent Market to exceed USD 91 billion
  by 2025 driven by rising water treatment
  activities globally. Rising environmental
  awareness for waste water treatment in the
  emerging economies is likely to propel the
  bleaching agent market size in the forecast
  timeframe. Growing industrialization activities
  in emerging economies including China, India,
  Brazil and South Africa have created a major
  decline in the level of consumable water and
  raised the level of groundwater contamination.
  Therefore, there is rising aquatic concerns which
  has propelled water treatment activities in the
  region which is likely to boost bleaching agent
  market size by 2025.
• Key companies in South America have been making
  substantial investment to improve the waste water
  facilities to improve its overall efficiency. For
  instance, a total project of worth USD 8.6
  million has been initiated to upgrade Grissom
  Aeroplex wastewater treatment plant in Peru. It
  was an out of date facility which was acquired by
  Peru Utilities from the U.S. Air Force. The
  project includes upgrading the plants design and
  various other architectural amendments.
  Furthermore, a total of 20 waste water treatment
  plant are being upgraded with modern technologies
  across the U.S. and South America which will help
  boost the bleaching agent market size by 2025.

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• Stringent government standards are imposed on
  several bleaching agents, owing to its toxic
  nature, which is likely to hinder bleaching agent
  market size by 2025. Extensive product use may
  result into several health issues such as skin
  irritation, eye problems and respiratory issues.
  Nevertheless, the growing awareness for the use
  of ecofriendly alternatives such as hydrogen
  peroxide, phenolic disinfectants and pine oil in
  place of chlorine based products having harsh and
  coarse impact will generate abundant
  opportunities to the bleaching agent market share
  by 2025.
• Peroxide based bleaching agents witnessed growth
  of more than 5.5 by 2025. Hydrogen peroxide is
  an oxidizing agent which is used as a laundry
  bleach. It functions by breaking down safely into
  water and oxygen and is comparatively environment
  friendly than chlorine based bleaches. Therefore,
  it is preferable for applications in washable and
  dye-stable fabrics. Moreover, the product finds
  extensive application in healthcare and pulp
  paper industry owing to its extremely light
  sensitive property. It is also used in households
  at lower concentrations for medicinal
  applications. On the other hand, higher
  concentration products are used as bleach for
  textiles and paper, which will help trigger
  product demand, thereby driving bleaching agent
  market size by 2025.

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U.S. bleaching agents market size, by
application, 2014 - 2025 (USD Billion)

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Industry Coverage

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• Bleaching agent market size for textile industry
  registered close to 22 of the total industry
  share in 2017. It is employed for the removal of
  natural coloring matter from the substrates.
  Furthermore, the oxidized bleaches are safe for
  use and does not remove color or patterns from
  clothes. It removes stains and even brightens
  color if used in appropriate quantity. Moreover,
  oxygen bleach is biodegradable in nature which
  makes it more desirable across industrial
  applications and thus likely to project higher
  gains by 2025.
• Middle East Africa bleaching agent market size
  is likely to project gains of more than 4.5 by
  2025. Solid waste and lack of proper sewage in
  the region are polluting the ground water, which
  is affecting the aquatic life and human health.
  Lack of awareness and willingness to pay for
  proper sanitation in the rural areas has resulted
  in water scarcity in the region.
• Bleaching agent market share is exceedingly
  competitive, with several key players which
  accounted for more than half of the total
  industry size in 2017. Some of the prominent
  market share contributors are AkzoNobel, BASF,
  Arkema, Clariant, Evonik, Solvay, Ashland, PPG
  Industries, Mitsubishi Inc., Aditya Birla Inc.,
  Sigma-Aldrich Co., Kemira Oyj and DowDuPont. Most
  of these players are making investment to expand
  its market presence to generate higher profit
  gains. For instance, Clariant inaugurated a new
  bleaching earth production site in Indonesia in
  April 2017. This move was intended to expand
  companys footprint in the Asia Pacific region.

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