Sellbyville, DE -- (SBWIRE) -- 02/07/2019 -- A part of the Asia Pacific bleaching agents market revenue in 2017 can also be attributed to the use of bleaching agents in the paper & pulp and chemical industries in countries like China and India. Bleaching agents like hydrogen peroxide find extensive application in digital printing and flex printing as well as in manufacturing of packaging materials. Other Asian countries like Indonesia have come to realize the potential in the paper & pulp industry and are increasing investments not only to bring in the latest technology to support the growth of the industry but also to increase competitiveness of its products in the global market.

Europe bleaching agents market is likely to grow at a CAGR of over 5% during the expected timeframe. Countries such as Germany, Netherlands and Austria are three EU members that follow the EU Urban Waste Water Treatment Directive due to which the consumption of bleaching agents in the countries is higher that is subsequently expanding the bleaching agent industry in the region. Many cold areas in Europe suffer from lack of consumable water. Highly populated EU25 countries including Germany, Italy, Poland, Spain and the southern UK, have the least available water per capita. This scarcity of consumable water will require proper water management and treatment directly swelling the bleaching agents market share during the expected timespan.

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Bleaching Agent Market, Type by Application

o Peroxide based
o Chlorine based
o Reducing agents
o Others

Bleaching Agent Market by Application

o Pulp & paper
o Water treatment
o Textile
o Construction
o Healthcare
o Others

Company Profiles :

1. BASF
2. Solvay
3. Kemira
4. Arkema
5. Ashland
6. Clariant
7. Evonik
8. AkzoNobel
9. DowDuPont
10. Sigma-Aldrich
11. Mitsubishi Motors
12. Aditya Birla Group
13. PPG Industries
14. PeroxyChem
15. Hawkins, Inc.
16. Gujarat Alkalies And Chemicals Limited - India
17. Supraveni Chemicals
18. Spectrum Chemicals
19. Engrain, Inc
20. Spartan Chemical Company
21. The Clorox Company

Bleaching agents market for application in healthcare recorded a revenue more than USD 2.5 billion of the total industry size in 2017. Bleaching uses in health-care facilities include hyperchlorination of potable water to prevent cleaning of environmental surfaces, chlorination of water distribution systems used in hemodialysis centers, legionella colonization, disinfection of laundry, disinfection of equipment, decontaminate blood spills, decontamination of medical waste and dental therapy. According to the Agency for Healthcare Research and Quality, health care-associated infections are the most common complication among people receiving hospital care. The aforementioned situation can propel the use of hospital bleaches and disinfectants directly swelling the bleaching agent industry share in the near future.

It should be noted that Asia Pacific bleaching agents market generated quite some appreciable returns in 2017 that can be largely attributed to not only the textile industry of India but also the textile industry of China, which is incidentally the largest textile producer and exporter in the world. The rapidly growing Chinese textile industry has become one of the pillars in the country's economic development with China's textile exports being valued at approximately $10 billion in 2017, which is estimated to be 37.2% of the global market share. A massive and low-cost labor force as well as material supply availability has lent a competitive edge to China in the textile industry landscape. As a result, the country has come to occupy a leading position in the bleaching agents market as well as bleaching agents are one of the most essential chemicals involved in the textile industry.

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Escalating water pollution and awareness for consuming clean drinking water in the developing countries are expected to expand the bleaching agents market in the coming years. Many emerging nations globally are presently facing a huge scarcity in the level of disposable water and increase in the ground water adulteration. This is not only affecting the human health but also raising a major concern for the aquatic life. Thereby, mounting concerns for aquatic life and consumables will propel the industry share during the expected timeframe. Many organizations in China are entering into strategic partnerships with wastewater treatment firms to eradicate water contamination.

Bleaches are extensively used in several end user industries such as pulp & paper, healthcare, construction etc. owing to its harsh and alkaline properties that helps in deep cleaning. These properties carry strict regulations from various government, which may become a barrier in the bleaching agents market during the forecast timespan. However, rise in the use of eco friendly substitutes such as phenolic disinfectants, hydrogen peroxide and pine oil, due to its subdued and safe properties instead of harsh and coarse bleaches will significantly generate copious opportunities for the bleaching agent market during the projected time period.

Reducing agents bleaches registers a CAGR over 5% during the forecast period. Reducing agents are used in regular cleaning areas for removing unwanted foreign substances such as stains, colors and spots. These are extensively used in the textile industry owing to its color removal property. Presently, the reducing agents are being significantly used in the construction of pipelines for reducing the drags inside the pipeline. It helps in diminishing the pumping power and increase piping system capacity. Even several companies are focusing on increasing their business units for the production of Drag Reducing Agents (DRA). For instance, Innospec Inc. started a new facility to produce DRAs in Pleasanton, California to cater the growing demand in pipeline construction in the coming years.

For instance, Beijing Enterprises Industrial Environmental Solutions Limited (BEIES) has entered into partnership with Royal Haskoning DHV of the Netherlands and Century 3 of Shanghai for the eradication of wastewater from China. Owing to the aforementioned joint venture, BEIES can now install the Nereda, which is a state-of-the-art technology, in its wastewater treatment projects across China, ensuring excellent and sustainable wastewater treatment while effectively expanding its installation capacity. Therefore, the aforementioned trend is likely to generate ample opportunities, which would subsequently propel the bleaching agents market in the near future.

Bleaching agents market share is exceedingly competitive, with several key players accounting for the total industry size. The major players include Clariant Evonik, Arkema, BASF, AkzoNobel, Solvay, DowDuPont, Ashland, Mitsubishi Inc., Sigma-Aldrich Co., Aditya Birla Inc., Kemira Oyj and PPG Industries.

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