New York, NY -- (SBWire) -- 12/10/2018 --Bleach Precursors have become an integral part of several industries starting from household to textile applications. Different kinds of bleaching activators are available of which peroxide-based bleaching activators such as Tetraacetylethylenediamine, have become most popular as bleach booster for household care industry. Textile and paper & pulp industries are also driving end users of the bleaching precursors and ensuring the future demand. Important utilization in paper recycling has also opened new venture for the Bleach Precursors application. With the vast penetration in myriad of industries, demand of bleaching activators is projected remain higher in the projected future. 

With strong underlying growth drivers such as ever-rising global demand for detergent, highly effective bleaching action, and the multi-functionality and versatility of bleach precursors, the demand for bleach precursors continues to soar. At the same time, the sector is facing challenges driven by paradigm shift from powder to liquid detergent as well as narrow pH spectrum which continue to hamper the overall growth of the market. These forces are manifesting themselves through the increased volatility, complexity, and scrutiny of bleach precursors. 

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The laundry detergent segment comprises a revenue share of more than 74% of the global bleach precursor market by end use industry, and is predicted to remain the key opportunity throughout the duration of the forecast period. The high prices of Sodium Nonanoyloxybenzenesulfonate bleach precursors is a barrier for the bleach precursor market. To address this concern, global bleach precursor manufacturers are working towards reducing the existing price difference. Moreover, as the demand for bleach precursors increases, product innovations and economies of scale would result in reducing the cost of production, further driving the consumption of bleach precursor products.

Latin America Region Critical in the Bleach Precursor Market

The Latin America region accounts for about 10% market share in the global bleach precursor market in 2017, and this share is expected to grow by a massive rate of 145 BPS, causing the Latin America market to grab 12.5% market share by the end of 2028. This highly populous continent is spearheaded by the rapid economic growth in Mexico, Brazil and Chile and customers in these countries will continue to demand maximum household care products. With the volume of more than 9,546 MT and a value of over US$ 40.6 Mn in 2017 Latin America region to grow with above average CAGR in the forecast period

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Granular Bleach Precursor Most Popular form of the Bleach Precursor Market

Among the forms of bleach precursors, the granular bleach precursor segment has a relatively more share than the powder bleach precursors segment, which is likely to grow at a high growth rate during the forecast period. Granulation not only reduces contact with incompatible formulation ingredients but also decreases bleach precursor dissolution rate preventing unwanted hydrolysis of amide bonds in alkaline washing medium

Global Bleach Precursor Market: Competition Dashboard

Fact.MR has profiled some of the most prominent companies active in the global bleach precursor market, such as. FutureFuel Corp The Lubrizol Corporation (Warwick International Group Limited) WeylChem Wiesbaden GmbH, DowDupont, Delamine B.V., IDCHEM Co.LTD, Nease Performance Chemicals , AK ChemTek Co. Ltd , Chemsfield Co. Ltd, and Zhejiang Jinke Culture Industry Co., Lt. Key market players in the bleach precursor market are focusing on consolidating the existing market by accusation of small players.

Global Bleach Precursor Market: Key Insights

The global bleach precursor market is moving at a steady pace, and is likely to catch up with major opportunities. Market conditions are developing and scaling up with the growing demand for household products. Competitors in the market are investing on catering to the growing demand for bleach products, which, in turn, is creating opportunities for bleach precursors.

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