The global bleaching agents market was valued at approximately USD 887.7 million in 2022 and is expected to expand to around USD 1,350.1 million by 2030, registering a steady compound annual growth rate (CAGR) of 5.4% between 2023 and 2030. This growth is primarily driven by the wide range of applications for bleaching agents across multiple industries, including paper and pulp, textiles and apparel, water treatment, food and beverages, and personal care.Bleaching agents are mainly utilized to remove or lighten the color of various substances. They achieve this by altering or completely breaking down the chromophores, which are the molecular structures responsible for imparting color to materials. The manufacturing process of bleaching agents varies depending on the type of chemical compound used as the base. Common base chemicals employed in the production of bleaching agents include chlorine, sodium hypochlorite, hydrogen peroxide, and ozone. Each raw material undergoes specific processing techniques tailored to the desired end product.
For example, hydrogen peroxide is produced through a chemical reaction involving hydrogen and oxygen, facilitated by the presence of a catalyst to ensure efficiency and stability. Among the industries fueling demand for bleaching agents, the textile sector stands out as a significant contributor to market growth. The global expansion of the textile industry, particularly in countries like India, has been a key factor driving the consumption of bleaching agents. India ranks as the second-largest textile market worldwide, accounting for about 12% of the country’s manufacturing GDP.
Key Market Trends & Insights:
• In 2022, the Asia Pacific region emerged as the leading contributor to the global bleaching agents market, accounting for the largest revenue share of approximately 39%. This dominance is reflective of the region’s rapid industrial growth, expanding manufacturing base, and increasing demand across various end-use industries. Meanwhile, Europe continues to hold a significant position in the global bleaching agents market, supported by its well-established industrial sectors and stringent regulatory standards driving the demand for high-quality bleaching products.
• When segmented by form, the powder segment commanded the largest revenue share, exceeding 60% in 2022. The popularity of powdered bleaching agents can be attributed to their ease of handling, storage stability, and wide applicability across diverse industries.
• In terms of product types, the hydrogen peroxide segment led the market with a share of 38.2% in 2022. Hydrogen peroxide is favored for its strong bleaching capabilities combined with environmental benefits, making it a preferred choice across multiple sectors.
• Looking at end-use applications, the food and beverages segment dominated the market by contributing the largest revenue share of 37.5% in 2022. This highlights the critical role of bleaching agents in ensuring food safety, improving product appearance, and maintaining quality standards in the highly regulated food and beverage industry.
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