Sodium Dichloroisocyanurate Market Size & Share, by Application (Disinfectants, Biocide, Industrial Deodorant), End-user (Healthcare, Food, Agriculture, Cosmetics, Textiles) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 4880
  • Published Date: Jul 31, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Sodium Dichloroisocyanurate Market size was over USD 12.11 Billion in 2023 and is expected to exceed USD 42.31 Billion by the end of 2036, growing at over 10.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of sodium dichloroisocyanurate is evaluated at USD 13.21 Billion. The market growth is mainly owing to increasing demand from the water treatment industry. The growing concern for waterborne diseases, coupled with the need for clean and safe water, has resulted in an increased demand for SDIC as a disinfectant in swimming pools, spas, and municipal water treatment plants.  Waterborne diseases are caused by the consumption of contaminated water, and they affect millions of people worldwide. According to the World Health Organization (WHO), more than 2 billion people do not have access to safe drinking water, and over 3 million people die every year due to water-related diseases.

In addition to this, diarrhea is the most common waterborne disease, and it affects around 1.7 billion people annually, resulting in approximately 525,000 deaths every year, most of which are children under the age of five. Waterborne diseases are illnesses that are caused by drinking or coming into contact with water that is contaminated with harmful pathogens such as bacteria, viruses, or parasites. These diseases can affect anyone, but they are more prevalent in developing countries where access to clean water is limited. Waterborne diseases are illnesses that are caused by drinking or coming into contact with water that is contaminated with harmful pathogens such as bacteria, viruses, or parasites. These diseases can affect anyone, but they are more prevalent in developing countries where access to clean water is limited.


Sodium Dichloroisocyanurate Market
Get more information on this report: Request Free Sample PDF

Sodium Dichloroisocyanurate Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Demand from the Water Treatment Industry: SDIC is widely used as a disinfectant in swimming pools, spas, and municipal water treatment plants due to its effectiveness in killing bacteria, viruses, and fungi. The increasing demand for clean and safe water, coupled with the growing concern for waterborne diseases, has resulted in an increased demand for SDIC. The World Health Organization estimates that waterborne diseases cause around 485,000 deaths per year, and over 2 billion people worldwide lack access to safe drinking water.
  • Increasing Demand from the Food and Beverage Industry: SDIC is used as a sanitizer and disinfectant in the food and beverage industry to prevent the growth of bacteria and other harmful microorganisms. The increasing demand for processed food and beverages is driving the demand for SDIC in this industry. The food and beverage industry has experienced significant growth in recent years, with global food sales reaching USD 8.2 trillion in the year 2019.
  • Growing Demand from the Healthcare Industry: SDIC is used as a disinfectant in hospitals and clinics to prevent the spread of infections. The Centers for Disease Control and Prevention estimates that healthcare-associated infections affect 1 in 31 hospitalized patients in the United States, resulting in around 72,000 deaths each year.
  • Increasing Demand from the Agricultural Industry: SDIC is used as a disinfectant in animal husbandry and aquaculture to prevent the spread of diseases. According to a report, the global animal disinfectants industry size was valued at nearly USD 2.5 billion in 2019.
  • Rise in Research Spending – Growth in the global market during the forecast period can be further attributed to increased investment in research and development activities to continuously find more viable solutions for SDIC. Research reports show that global R&D spending has more than tripled in real terms since 2000, rising from about USD 680 billion to more than USD 2.5 trillion in the year 2019.

Challenges

  • Stringent regulations: The use of SDIC is regulated by various government bodies owing to its potentially harmful effects on human health and the environment. This can make it difficult for manufacturers to obtain necessary approvals and certifications for their products.
  • Availability of alternative products
  • Health concerns

Sodium Dichloroisocyanurate Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

10.1%

Base Year Market Size (2023)

USD 12.11 Billion

Forecast Year Market Size (2036)

USD 42.31 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

 

Get more information on this report: Request Free Sample PDF

Sodium Dichloroisocyanurate Segmentation

End-user (Healthcare, Food, Agriculture, Cosmetics, Textiles)

The global sodium dichloroisocyanurate market is segmented and analyzed for demand and supply by end-user into healthcare, food, agriculture, cosmetics, and textiles. Out of the five types of end users, the healthcare segment is estimated to gain the largest market share of about 35% in the year 2036. The growth of the segment can be accredited to the large number of patients present in the healthcare industry requiring treatment for various conditions. The hospitals are also growing rapidly in number, which is estimated to positively influence the segmental growth. For instance, by the year 2022 there was noted to be approximately 6,100 hospitals in the United States. Hospitals provide a wide range of medical care. Physicians, called hospital doctors, typically specialize in internal medicine, pediatrics, or general practice. They have the knowledge to solve common problems and the resources to solve more complex medical problems. Hospitals may also offer specialized care, such as neurology, obstetrics and gynecology, and oncology. By definition of a hospital, a county hospital is typically a primary medical facility in a region with numerous intensive care and mobile beds for patients requiring long-term care.

Application (Disinfectants, Biocide, Industrial Deodorant)

The global sodium dichloroisocyanurate market is also segmented and analyzed for demand and supply by applications into disinfectants, biocide, and industrial deodorant. Amongst these three segments, the disinfectants segment is expected to garner a significant share of around 30% in the year 2036. The growth of the segment can be accredited to the growing awareness of hygiene and cleanliness. The COVID-19 pandemic has increased awareness about the importance of hygiene and cleanliness, leading to a surge in demand for disinfectant products. This trend is expected to continue even after the pandemic subsides. The prevalence of infectious diseases, such as influenza, norovirus, and tuberculosis, has been increasing in recent years. This has led to a growing demand for disinfectants in various industries, such as healthcare, food and beverage, and hospitality. Advances in technology have led to the development of new and more effective disinfectant products, such as electrostatic sprayers, UV-C light, and hydrogen peroxide-based disinfectants. This has increased the range of options available to consumers and expanded the market. Various government bodies, such as the Environmental Protection Agency (EPA) and the Food and Drug Administration (FDA), have established strict regulations and guidelines for the use of disinfectants in different industries. This has led to increased demand for products that meet these standards and increased investment in research and development to create new products that comply with these regulations.

Our in-depth analysis of the global market includes the following segments:

            By End User

  • Healthcare
  • Food
  • Agriculture
  • Cosmetics
  • Textiles

 

             By Application

     

  • Disinfectants
  • Biocide
  • Industrial Deodorant

 


Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Sodium Dichloroisocyanurate Industry - Regional Synopsis

APAC Market Statistics

The sodium dichloroisocyanurate in the Asia Pacific region, amongst the market in all the other regions, is projected to hold the largest market share of about 35% by the end of 2036. The regional growth can majorly be attributed to the growing demand for clean water. The Asia Pacific region has a high population density and many areas are facing water scarcity. This has led to an increasing demand for clean water, which drives the demand for water treatment chemicals like SDIC. According to the United Nations, approximately 1.8 billion people in the Asia Pacific region are at risk of water scarcity. SDIC is widely used in industries such as healthcare, food and beverage, and agriculture in the Asia Pacific region. The growth of these industries is expected to drive the demand for SDIC in the region. The government initiatives aimed at improving the water quality and access to clean water are driving the demand for SDIC in the Asia Pacific region. The tourism industry in the Asia Pacific region is growing rapidly, which drives the demand for water treatment chemicals in the hospitality sector. Overall, these growth drivers are expected to continue driving the demand for SDIC in the Asia Pacific region in the coming years.

North American Market Forecast   

The sodium dichloroisocyanurate in the North America region, amongst the market in all the other regions, is projected to hold the second largest share of about ~24% during the forecast period. The growth of the market in this region can primarily be attributed to growing demand from end-use industries. SDIC is used in various industries, such as healthcare, food and beverage, and swimming pools in the North American region. The growth of these industries is expected to drive the demand for SDIC in the region. The government regulations and guidelines in North America regarding water quality and safety are driving the demand for water treatment chemicals like SDIC. Advancements in technology have led to the development of new and more effective disinfection products, such as electro chlorination systems that use SDIC as a disinfectant. This has increased the range of options available to consumers and expanded the market.

Europe Market Forecast

Further, the sodium dichloroisocyanurate in the Europe region, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2036. The growth of the market can be attributed majorly to the stringent regulations for water treatment. The European region has stringent regulations for water quality and safety, which drive the demand for water treatment chemicals like SDIC. SDIC is used in various industries in Europe, such as healthcare, food and beverage, and swimming pools. The growth of these industries is expected to drive the demand for SDIC in the region. The tourism industry in Europe is growing rapidly, which drives the demand for water treatment chemicals in the hospitality sector. The increasing awareness about waterborne diseases and their prevention is driving the demand for water treatment chemicals like SDIC in the Europe region. Overall, these growth drivers are expected to continue driving the demand for sodium dichloroisocyanurate in the Europe region in the coming years.

Research Nester
Sodium Dichloroisocyanurate Market Size
Get more information on this report: Request Free Sample PDF

Top Featured Companies Dominating the Sodium Dichloroisocyanurate Market

    • BASF SE
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Occidental Petroleum Corporation
    • Lonza Group Ltd.
    • Nankai Chemical Co., Ltd.
    • Yufeng Chemical Co., Ltd.
    • Wuhan Haidong Chemical Co., Ltd.
    • Heze Huayi Chemical Co., Ltd.
    • China Petrochemical Corporation
    • Nippon Soda Co., Ltd.
    • Aditya Birla Chemicals

In the News

  • BASF SE: BASF announced that it has expanded its production capacity for SDIC at its plant in Ludwigshafen, Germany. The expansion increases the annual production capacity of SDIC at the plant by 10,000 metric tons, allowing BASF to meet the growing demand for water treatment chemicals in Europe and other regions.
  • Lonza Group Ltd.: Lonza announced that it has entered into a collaboration with Procter & Gamble to develop and produce a new disinfectant product. The product will be based on Lonza's proprietary disinfectant technology, which includes SDIC as one of the active ingredients. The collaboration is aimed at developing a product that can effectively kill the SARS-CoV-2 virus and other pathogens while being safe and easy to use.

Author Credits:  Rajrani Baghel


  • Report ID: 4880
  • Published Date: Jul 31, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of sodium dichloroisocyanurate is evaluated at USD 13.21 Billion.

The sodium dichloroisocyanurate market size was over USD 12.11 Billion in 2023 and is expected to exceed USD 42.31 Billion by the end of 2036, growing at over 10.1% CAGR during the forecast period i.e., between 2024-2036. Increasing demand from the water treatment industry is the major factor driving the market growth.

Asia Pacific is set to have the highest growth through 2036, due to growing demand for clean water in the region.

BASF SE, Occidental Petroleum Corporation, Lonza Group Ltd., Nankai Chemical Co., Ltd., Yufeng Chemical Co., Ltd., Wuhan Haidong Chemical Co., Ltd., Heze Huayi Chemical Co., Ltd., China Petrochemical Corporation, Nippon Soda Co., Ltd., Aditya Birla Chemicals
Sodium Dichloroisocyanurate Market Report Scope
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample