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Sodium Hypochlorite Market Trends

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Report ID: 2956
Published Date: Sep 23, 2024
Report Format: PDF, PPT

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Sodium Hypochlorite Market Trends

Growth Drivers

Rising Demand for Clean Water is Estimated to Drive the Market Growth
Antimicrobial and Disinfectant Properties of Sodium Hypochlorite Likely to Promote its Demand

Challenges

Unstable Reactive Nature of Sodium Hypochlorite to Hamper the Market Growth

Sodium Hypochlorite Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	5.1%
Base Year Market Size (2023)	USD 301.23 million
Forecast Year Market Size (2036)	USD 575.09 million
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Sodium Hypochlorite Market Size & Share | Growth Report 2036

Author Credits: Rajrani Baghel

Report ID: 2956
Published Date: Sep 23, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing need for water treatment using sodium hypochlorite as a disinfectant is one of the key factors driving the market growth.

The market is anticipated to attain a notable CAGR over the forecast period, i.e., 2021-2029.

High reactive nature of chlorine is one of the major factors estimated to hamper the market growth.

The market in the Asia Pacific will provide the highest growth opportunities during the forecast period on the back of growing population and increasing demand for clean water and sanitization.

The major players in the market are Orica Limited, Olin Corporation, Nouryon Chemicals Holding B.V., Aditya Birla Management Corporation Pvt. Ltd., Lab Alley LLC, Hawkins, Inc., and others.

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