According to IMARC Group latest report titled “Bleaching Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on bleaching agents market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global bleaching agents market size reached US$ 876.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,214.6 Million by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032.

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Bleaching Agents Market Overview:

Bleaching agents are chemical compounds used to whiten, brighten, and remove stains from various materials, including textiles, paper, and plastics. These agents function by breaking down color molecules, rendering the material colorless or significantly lighter. The most common types of bleaching agents include chlorine-based (such as sodium hypochlorite), peroxide-based (including hydrogen peroxide), and reducing agents (such as sodium dithionite). Each type possesses specific properties suited for different applications, with chlorine-based agents being highly effective in disinfection, peroxide-based agents known for their gentleness on fabrics, and reducing agents utilized for color stripping. The advantages of bleaching agents lie in their efficiency in improving product appearance, sanitizing capabilities, and their role in industrial processing, making them indispensable in various sectors.

Bleaching Agents Market Trends:

The global market is experiencing robust growth, driven by diverse applications across multiple industries. A significant driver is the increasing demand in the textile industry, where bleaching agents are essential for fabric processing, enhancing the quality and appeal of the final product. Along with this, the growing paper and pulp industry further accelerates market growth, as bleaching agents are crucial for achieving desired paper whiteness and brightness. In addition, the accelerating environmental concerns and stringent regulations are leading to the development and adoption of eco-friendly and sustainable bleaching alternatives, expanding market potential. Moreover, the food industry also contributes to market expansion, with bleaching agents being used to maintain the freshness and appearance of food products. Apart from this, advancements in bleaching technology, focusing on efficiency and reduced environmental impact, are positively influencing market dynamics. Furthermore, the rise in urbanization and hygiene awareness is increasing the demand for bleached household products, further propelling the market.

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Report Highlights and Segmentation:

Reports are categorized as follows:

Breakup by Product Type:

• Azodicarbonamide 
• Hydrogen Peroxide
• Ascorbic Acid
• Acetone Peroxide
• Chlorine Dioxide
• Others

Breakup by Form:

• Powder
• Liquid

Breakup by End-User Industry:

• Pulp and Paper
• Textile
• Construction
• Electrical and Electronics
• Water Treatment
• Healthcare
• Others

Breakup by Region:

• North America (USA, Canada)
• Europe (Germany, France, UK, Italy, Spain, Russia, others)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
• Middle East/Africa
• Latin America (Brazil, Mexico, others)

Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Competitive Landscape:

The report also examines the competitive landscape within the market and offers comprehensive profiles of major key players. Some key players include:

• BASF
• Birla Chemicals
• Evonik
• Solvay
• Akzonobel
• Hawkins, Inc.
• Siemer Milling
• Peroxychem
• Supraveni Chemicals
• Spectrum Chemicals
• Engrain,
• Gujarat Alkalies and Chemicals
• Unilever
• The Procter & Gamble Company
• The Clorox Company

About US:

IMARC Group is a leading market research firm that provides management strategy and market research worldwide. We work with clients in every sector and geography to identify their most valuable opportunities, address their most important challenges and transform their businesses.

The IMARC Group's information offerings include key market trends, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high technology sectors. Market forecasts and industry analysis in biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and innovative processing methods are among the company's top areas of expertise.

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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