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Sales of Bleach Precursor Are Projected to Increase at A CAGR Of Over ~2.1% during 2022 – 2032

Posted 11 Aug-2022 03:19 AM by Neha | 705

The global bleach precursor market is expected to be worth USD 407 billion in 2022, rising to USD 483 billion by 2032, with a 9.2% CAGR between 2022 and 2032.

 

Bleach activators are used in a wide range of industries, from textiles to the home. The most widely used bleach booster for household cleaning is now one based on peroxide, such as tetraacetylethylenediamine.

 

The use of bleach precursor in household cleaners is anticipated to generate significant growth opportunities in the coming years. Over the past five years, bleach precursor use has increased in emerging markets in Europe.

 

The textile and paper & pulp industries are also driving the end uses for bleaching activators, ensuring future demand. Due to the bleach activators' widespread use in recycled paper, their use has also increased. Because bleaching activators are widely used in a variety of industries, the demand for them is anticipated to remain high in the near future.

 

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Numerous laundry cleaning products have contained a significant amount of bleach precursor. Detergents with bleach precursor as a raw ingredient work well in areas with low temperatures. The demand for highly concentrated detergent powder is growing over time. Tetraacetylethylenediamine (TAED) bleach precursor use is also steadily expanding.

 

Additionally, because washing textiles in a washing machine requires using water that is less than 60°C, the demand for detergent with a bleach precursor is rising in the textile industry. This wash temperature was selected for textile care and energy efficiency.

 

Report Attributes

Details

Market Size Value in 2021

USD 400 Million

Market Value Estimated in 2022

USD 407 Million

Market Forecast Value in 2032

USD 483 Million

Global Growth Rate (2022-20322)

CAGR 2.1%

North America Market Size in 2021

USD 145 Million

Europe Market Size in 2021

USD 122 Million

Top 3 Companies Market Share in 2021

~21%

 

The urbanisation of society, the spread of disease around the world, and the rise of the middle class have all had a significant effect on the housing infrastructures of developing nations. The market for household care products is therefore anticipated to see an increase in demand for bleaching activators.

 

For the past 50 years, China's use of washing machines has steadily increased the demand for household cleaning products and laundry detergent, which has in turn increased the demand for bleach precursor.

 

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Key Learnings:

 

·         By 2032, the CAGR for the Chinese bleach precursor market is predicted to be 3.7%.

·         The market for bleach precursors in Russia will grow at a CAGR of 1.1%.

·         In 2021, Latin America will make up about 10% of the market for bleach precursors worldwide.

·         Tetraacetylethylenediamine (TAED) will rule the global market in terms of product type.

·         Among the various bleach precursor types, the granular bleach precursor segment has a larger market share than the powder bleach precursor segment.

 

Growth Engines

 

·         Utilizing bleach as a precursor in household cleaning products will spur market expansion.

·         The textile and paper & pulp industries are driving demand for bleach precursors in this market.

 

Competitive Environment:

 

Leading businesses have embraced fresh tactical strategies to increase consumer awareness of them. These tactics have led to a significant increase in demand for bleach precursor.

 

Leading participants in the global bleach precursor market include:

  • DowDuPont

  • FutureFuel Corp

  • The Lubrizol Corporation

  • WeylChem Wiesbaden GmbH

  • Delamine B.V.

  • idCHEM Co.,Ltd.

  • Zhejiang Jinke Culture Industry Co., Ltd

  • Nease Performance Chemicals

  • AK ChemTek Co. Ltd

  • Chemsfield Co. Ltd

 

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Bleach Precursor Market Key Segments

  • By Product Type :

    • Tetraacetylethylenediamine 

    • Sodium Nonanoyloxybenzenesulfonate

 

  • By End-use Industry :

    • Laundry Detergent

    • Household Cleaners

    • Dishwashing

    • Paper & Pulp

    • Textile

 

  • By Form :

    • Granular

    • Powder

Tags:

Bleach Precursor Market, Global Bleach Precursor Market, Bleach Precursor Demand, Sales of Bleach Precursor, Tetraacetylethylenediamine demand, Sodium Nonanoyloxybenzenesulfonate demand Affordable Press Release Services, Affordable Press Release Website, Cheap Press Release Distribution Site, Free Press Release Network, Free Press Release Submission

Company Information

Company Name Contact Person Contact Number Email Id Website Address
Fact.MR 6282511583 neha.b@factmr.com https://www.factmr.com

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