Bleaching Agent Trends and Forecast
The future of the global bleaching agent market looks promising with opportunities in the food & beverage, pulp & paper, textile, and household laundering markets. The global Bleaching agent market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand of bread and bread-related products, significantly growing paper and pulp industry, and on-going technological advancements in flour quality assessments.
Bleaching Agent by Segment
The study includes a forecast for the global bleaching agent by form, product, end use, and region.
Bleaching Agent Market by Form [Shipment Analysis by Value from 2018 to 2030]
- Powder
- Liquid
Bleaching Agent Market by Product [Shipment Analysis by Value from 2018 to 2030]
- Azodicarbonamide
- Hydrogen Peroxide
- Ascorbic Acid
- Acetone Acid
- Acetone Peroxide
- Chlorine Dioxide
- Others
Bleaching Agent Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Food & Beverages
- Pulp & Paper
- Textile
- Household Laundering
- Others
Bleaching Agent Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Bleaching Agent Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bleaching agent companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bleaching agent companies profiled in this report include-
- BASF
- Aditya Birla Chemicals
- Evonik
- Solvay
- Akzonobel
Bleaching Agent Market Insights
The publisher forecasts that powder will remain the larger segment over the forecast period due to the increasing adoption of powdered bleaching agents in laundry and textile, a and water treatment industries across the globe.
Within this market, food & beverage will remain the largest segment due to its increasing adoption by food and beverage suppliers for removing unwanted odor, color, and impurities to enhance the quality as well as appearance of food products.
APAC is expected to witness highest growth over the forecast period due to significantly growing large textiles and paper industries in the region.
Features of the Global Bleaching Agent Market
- Market Size Estimates: Bleaching agent market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Bleaching agent market size by form, product, end use, and region in terms of value ($B).
- Regional Analysis: Bleaching agent market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different forms, products, end uses, and regions for the bleaching agent market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bleaching agent market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the bleaching agent market size?
Answer: The global bleaching agent market is expected to reach an estimated $1.1 billion by 2030.
Q2. What is the growth forecast for Bleaching agent market?
Answer: The global Bleaching agent market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the Bleaching agent market?
Answer: The major drivers for this market are growing demand of bread and bread-related products, significantly growing paper and pulp industry, and on-going technological advancements in flour quality assessments.
Q4. What are the major segments for Bleaching agent market?
Answer: The future of the Bleaching agent market looks promising with opportunities in the food & beverage, pulp & paper, textile, and household laundering markets.
Q5. Who are the key Bleaching agent market companies?
Answer: Some of the key Bleaching agent companies are as follows:
- BASF
- Aditya Birla Chemicals
- Evonik
- Solvay
- Akzonobel
Q6. Which Bleaching agent market segment will be the largest in future?
Answer: The publisher forecasts that powder will remain the larger segment over the forecast period due to the increasing adoption of powdered bleaching agents in laundry and textile, a and water treatment industries across the globe.
Q7. In Bleaching agent market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to significantly growing large textiles and paper industries in the region.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the Bleaching agent market by form (powder and liquid), product (azodicarbonamide, hydrogen peroxide, ascorbic acid, acetone acid, acetone peroxide, chlorine dioxide, and others), end use (food & beverages, pulp & paper, textile, household laundering, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF
- Aditya Birla Chemicals
- Evonik
- Solvay
- Akzonobel
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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