Trichloroisocyanuric Acid Market Analysis

End-User (Water & Wastewater Treatment, Food, Sports & Recreation, Textile, Dye & Pigments, Agriculture)

The textile segment is anticipated to hold 28% share of the global trichloroisocyanuric acid market during the forecast period. One of the most important factors expected to drive market growth over the coming years is the expansion of textile industries worldwide, together with increasing demand for textiles as a result of an ever-growing population. According to the latest statistics, in 2020 there were about 87 million tons of textiles consumed worldwide with an annual growth rate of 4%.

Application (Bleaching Agent, Disinfectant, Algaecide & Bactericide, Sericulture & Aquaculture)

Trichloroisocyanuric acid market from the bleaching agent is anticipated to have the highest share of about 35% during the forecast period. The textile industry uses trichloroisocyanuric acid very often as a bleaching agent, which is one of the most common and significant uses for it. It is also used for anti-shrink and dyestuff treatment in wool, other than the use as a bleaching agent.

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

Form	Powder Granular Tablet
Application	Bleaching Agent Disinfectant Algaecide & Bactericide Sericulture & Aquaculture
End-User Industry	Water & Wastewater Treatment Food Sports & Recreation Textile Dye & Pigments Agriculture

Frequently Asked Questions (FAQ)

The expansion in the utilization of chemicals across different end-use companies is the major factor driving the growth of the trichloroisocyanuric acid market.

The market size of trichloroisocyanuric acid is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024 â€“ 2036.

The major players in the market are Croda International Plc, Oleon NV, Wilmar Group, Occidental Petroleum Corporation, Ercros, S.A., FMC Corporation, Olin Corporation, Tokyo Chemical Industry Co., Ltd., Nissan Chemical corporation, and others.

The textile segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

Trichloroisocyanuric Acid Market Analysis