Scienza e Tecnologia
Calcium Hypochlorite Market Size Worth $1.34 Billion By 2028: Grand View Research, Inc.
Calcium hypochlorite is mainly used to disinfect drinking water and public swimming pools. Its growing usage in spas, swimming pools, etc. is anticipated to boost the market growth. The rising demand for establishing improved drinking water facilities is anticipated to offer growth opportunities for the industry. Moreover, a rise in the usage of hygiene products to prevent different water-borne diseases, such as typhoid and cholera, is expected to further fuel the demand over the coming years, thereby leading to the growth of the market.
Calcium hypochlorite is a chemical compound that can be produced through the calcium process and the sodium process. Calcium hypochlorite made using sodium process is gaining higher demand than the ones developed from calcium process, as the former offers better whiteness, more effective form of chlorine extracts in terms of its ability to kill maximum number viruses and bacteria, lesser precipitation, and higher thermal stability, as well as lower moisture absorption property. The demand for the product is increasing in detergent manufacturing on account of no toxic residues, antimicrobial properties, high performance even in hard water, ability to remove microorganisms, and low cost.
The market was positively impacted by the COVID-19 outbreak in the first half of 2020 due to the high demand for disinfectants and cleaners from various end-use applications, such as households, hospitality, pharmaceuticals, and retailers. The rising awareness among consumers about the need to maintain hygiene levels is expected to further trigger the product demand. With the disruption of the supply chain and growing trade uncertainties, some economies have proclaimed to momentarily allow calcium hypochlorite manufacturers to procure raw materials from unlisted agencies. Companies are heavily investing to improve the production, logistics, and quality of their existing products. These factors are expected to drive the demand in the coming years.
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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