Calcium Hypochlorite Market Analysis Report:
Calcium hypochlorite offers a favorable price-performance ratio, as it protects against germs and is cost-effective. Most of the calcium hypochlorite available in the industry contains 60% chlorine by mass. In addition to treating water, it is used in a variety of applications. These include cleaning products and detergents for the home, agrochemicals, pulp and paper, food and beverages, etc.
Calcium Hypochlorite Market Size Study:
According to our research report, the Calcium Hypochlorite Market size was USD 400 million in 2017, and it is increasing to 409 Million USD by 2022 with growing at a CAGR of 0.70% during the forecast period 2017-2022.
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Growth Factors ofCalcium Hypochlorite Market:
The use of products in many industries, such as cleaning products and household detergents, agrochemicals, pulp and paper, food and beverages, among others, is likely to stimulate the market trends of calcium hypochlorite. Regardless of this, the market is expected to grow substantially due to the increased demand for products in the water treatment sector. In addition, the increase in the number of waterborne infections is an essential requirement in freshwater, which is the main growth factor in the market in coming years. Strict government legislation as a result of growing concerns over water pollution has resulted in massive demand for calcium hypochlorite across the globe and this is predicted to generate new growth horizons for market in the succeeding years.
Calcium Hypochlorite Market Regional Analysis:
At the regional level, the global calcium hypochlorite market can be divided North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America and Europe are the main regions that contribute in particular to the market share of calcium hypochlorite. It is expected that the market in Asia-Pacific will grow rapidly in the near future as a result of important research and development activities in countries such as Japan, China, South Korean, and India.
Major Key Manufacturers mentioned in Calcium Hypochlorite Market Report:
- China Petrochemical Corporation (SINOPEC)
- Tosoh Corporation
- Lonza Group Ltd.
- Nippon Soda Co., Ltd
- Westlake Chemical Corporation
- Sree Rayalaseema Hi-Strength Hypo Ltd.
- Tianjin Kaifeng Chemical Co., Ltd.,
- Yuzhoushi Weilite Chemical Co., Ltd.
- 10+ more
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