GlobalHypochlorous Acid Market was valued US$ XX Bn in 2019 and is expected toreach US$ 11.2 Bn by 2026, at a CAGR of around XX% during a forecast period.
The report includes the analysis ofimpact of COVID-19 lock-down on the revenue of market leaders, followers, anddisrupters. Since lock down was implemented differently in different regionsand countries, impact of same is also different by regions and segments. Thereport has covered the current short term and long term impact on the market,same will help decision makers to prepare the outline for short term and longterm strategies for companies by region.
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Hypochlorous acid is a weak acidthat can only exist in solution, as it is highly unstable when isolated in itspure form. Advantage of its strong oxidation properties, which is used as ableach and disinfectant, among various other things.
It is preferred in the watertreatment industry because of the convenience of storage, transport, and use;cost-effectiveness and non-toxicity to humans and animals. Additionally, it isan effective microbicide, especially against waterborne pathogens. Also, itscost-effectiveness and non-toxicity to humans and animals further contribute toits popularity in the water treatment industry. The disinfecting properties ofhypochlorous acid offer novel opportunities for its use in the water treatmentsector.
The report on the globalhypochlorous acid market covers segments such as type, application, end-userand region. Based on application, the oxidizing agent segment is dominating asthe use of household bleach has been growing since the last few years, becauseof rising concerns over infectious diseases.
The textile industry segmentexpected to grow at the highest XX% CAGR during the forecast period, owing tothe use of hypochlorous acid as an oxidizing agent and a bleaching agent inthis industry. Sodium hypochlorite finds wide application as a bleaching agentin the textile industry in various emerging economies. The water treatmentindustry is also witnessing steady growth with a growing demand for cleanwater, globally.
Hypochlorous Acid Market
The report offers a brief analysisof the major regions in the market, namely, APAC, Europe, North America, SouthAmerica, and the Middle East & Africa. North America is prominent themarket in the hypochlorous acid market during the forecast period, followed bythe APAC. The presence of prominent manufacturers and distributors contributesto market growth in North America.
Government regulations regardingthe use of sanitizers in many industries are also expected to positivelyinfluence market growth in the region. Such as, the U.S. Food and drugadministration has implemented a regulation that governs the use of effectivesanitizers in the food industry to kill bacteria and other microorganisms,especially on food contact surfaces.
In 2018, URGO Medical, a leading playerin wound care products, entered into an asset acquiring agreement with REALMTherapeutics, a biopharmaceutical company based in the U.S. REALM Therapeuticsengages in research activities to discover new hypochlorous acid-basedtreatments for atopic dermatitis and allergic conjunctivitis. This acquisitionis estimated to help URGO Medical become the leading player in advanced woundcare business across the globe.
The objective of the report is topresent a comprehensive assessment of the market and contains thoughtfulinsights, facts, historical data, industry-validated market data andprojections with a suitable set of assumptions and methodology. The report alsohelps in understanding Global Hypochlorous Acid Market dynamics, structure byidentifying and analyzing the market segments and project the global marketsize. Further, the report also focuses on the competitive analysis of keyplayers by product, price, financial position, product portfolio, growthstrategies, and regional presence. The report also provides PEST analysis,PORTER’s analysis, and SWOT analysis to address the question of shareholders toprioritizing the efforts and investment shortly to the emerging segment in theGlobal Hypochlorous Acid Market.
Scope of the Global HypochlorousAcid Market: Inquire before buying
Global Hypochlorous Acid Market, ByType
• Sodium Hypochlorite
• Calcium Hypochlorite
• Others
Global Hypochlorous Acid Market, ByApplication
• Sanitizing Agent
• Disinfecting
• Oxidizing Agent
• Others
Global Hypochlorous Acid Market, ByEnd User
• Water Treatment Industry
• Textile Industry
• Others
Global Hypochlorous Acid Market, ByRegion
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the GlobalHypochlorous Acid Market
• INOVYN
• Olin Chlor Alkali
• Akzo Nobel
• OxyChem
• Arkema
• BASF
• Kuehne Company
• Lonza
• AGC Chemicals
• Surpass Chemical Company
• Axiall
• Clorox
• Hasa
• Chongqing Tianyuan Chemical
• Tianjin Ruifuxin Chemical
• Tosoh
• Hangzhou ElectroChemical Group
• Hill Brothers
• JCI Jones Chemicals
• Cydsa
• Mexichem
• IXOM
• Aditya Birla
About This Report
Report ID 35187
Category Material & Chemical
Publi
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