Calcium Hypochlorite Market Overview:
According to the MRFR analysis,
the global calcium hypochlorite market size was valued at around USD 800billion
in 2020 and is expected to reach around USD 840billion by the end of 2028 at a
CAGR of 5.0%.
Calcium hypochlorite is a white
solid inorganic substance with the chemical formula Ca(OCl)2. The reaction of
lime (Ca(OH)2) with chlorine gas produces calcium hypochlorite. It is
poisonous, unpleasant to the skin, and non-combustible, and has a strong
chlorine odor.It is mostly utilized as a bleaching or disinfecting agent,
commercial bleaches, cleaning solutions, and disinfectants for drinking water,
wastewater, and swimming pools.
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The demand for calcium
hypochlorite is on the rise due to rising demand for freshwater, an increase in
fatalities from waterborne disease, and stricter water discharge laws. The
active ingredient in bleaching powder, calcium hypochlorite, is commonly used
to purify drinking water in water purification plants. It is also frequently
used as a cleaning agent or in cleaning and sanitation detergents. Calcium
hypochlorite,beingincredibly cost-effective, is widely used in all public and
private sectors to keep their environments clean and disinfected. It is
frequently employed as an oxidizing agent in the pulp &paper and
agrochemical industries.However, high product costs and the high capital
expenditure required for plant construction may restrain the market growth in
the projected years. Furthermore, the toxiccharacteristics of calcium hypochlorite
and the generation of chlorine by interaction with air hinder market expansion.
Nonetheless, growing demand for better drinking water, as well as increased use
of calcium hypochlorite in a variety of applications such as paper &pulp,
agrochemicals, house cleaning, food &beverages, and water treatment, will
provide the calcium hypochlorite market with a lucrative growth opportunity.
COVID-19 Analysis
COVID-19 has significantly
influenced overall chemical production, particularly calcium hypochlorite
manufacturing, due to supply chain disruptions around the world. This is due to
the global pandemic and travel restrictions imposed to prevent the spread of
the coronavirus. The pandemic has hampered the manufacturing of calcium
hypochlorite, impacting a variety of businesses, including agriculture, paper
&pulp, food & beverage, and others. Ascalcium hypochlorite is used in
many different industries, their declining operations directly impact the
calcium hypochlorite market. Nevertheless, calcium hypochlorite is widely used
as a disinfectant in surface cleaning, water treatment plants, fresh drinking
water, and the agriculture industry. Thus, even throughout the pandemic, the
demand has witnessed a slight increase. Calcium chlorite displays a broad
spectrum of antimicrobial activity and is effective against several common
pathogens at various concentrations. Hence, the demand for calcium hypochlorite
had increased from various industries and residencesduring the global pandemic.
To meet the increased demand from endusers, calcium hypochlorite producers have
maintained their facilities running with a limited workforce.
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Competitive Landscape
The global calcium hypochlorite
market is consolidated with the presence of numerous global, regional, and
local players, with prominent players holding amajor market share. Some of the
prominent players includeChina Petrochemical Corporation (Sinopec) (China),
Tosoh Corporation (Japan), Lonza Group Ltd (Switzerland), Nippon Soda Co., Ltd
(Japan), Westlake Chemical Corporation (US), Aditya Birla Chemicals Limited
(India), Sree Rayalaseema Hi-Strength Hypo Ltd (India), Tianjin Kaifeng
Chemical Co., Ltd (China), YuzhoushiWeilite Chemical Co., Ltd (China), Innova
Corporate (India), Nikunj Chemical Limited (India), and Tianjin Ruifuxin
Chemical Co., Ltd (China). Manufacturers focus mainly on the expansion of
production facilities, acquisition, jointventures, and partnerships with key
stakeholders to gain a competitive advantage over other players.Furthermore,
producers are increasingly focusing on a strategic alliance with stakeholders,
new product development,and expansion of production capacities to gain a
maximum share of the global market.
Segmentation
By Type
- This segment is further segmented into powder,
pellet, and granules.
- The powder segment holds the largest share of the
global calcium
hypochlorite market owing to its widespread use as a bleaching
powder in textile, paper & pulp, watertreatment, and as a disinfectant
for drinking water. This segment is expected to witness the fastest growth
during the forecast period.
- The pellets segment has witnessed anaverage growth in
the market owing tothe increased demand from the industrial sector and a
rise in demand for calcium hypochlorite as an oxidizing agent in the
agrochemical and pulp &paper industry.
- Calcium hypochlorite granules are mostly used in
industries where the purity of the substance is of low interest and is
reported to witness notable growth in the coming period.
By Application
- By application, the market is segmented into water
treatment, house cleaner and detergent, agrochemical, pulp and paper, food
and beverage, and others.
- The water treatment segment holds the second-largest
share of the global calcium hypochlorite market due to the increased
demand for calcium hypochlorite in wastewater management, favorable
government facilities, and rehabilitation of wastewater treatment plants.
- The house cleaner and detergent segment holds the
largest share in the market due to the widespread usage of calcium
hypochlorite as surface cleaning, laundry, disinfectant sprays, bathroom
cleaners, etc.
- In agrochemicals, calcium hypochlorite has a wide
range of applications in the agriculture sector. It is used as a
disinfectant to control the growth of bacteria, algae, bees, and weeds. It
is used in algaecide, pesticide, weedicide, and herbicide. In addition to
this, it is used as an oxidizing agent in the agrochemical industry.
- In the pulp & paper industry, calcium
hypochlorite is widely used in the bleaching process. It is used as an
oxidizing agent and for bleaching wood pulp in the paper industry.
- In the food &beverage industry, calcium
hypochlorite is used in sanitizing equipment in food processing
operations, sanitation of fruits and vegetables, and wastewater treatment
plants.
- The others segment includes cooling water treatment
for slime control of bacteria, algal, and fungal; animal husbandry;
aquaculture, etc.
By Region
- North America:Market growthisdriven bythe
presence of large production bases of calcium hypochlorite producers
globally, increasing demand for sanitization, and the presence of advanced
manufacturing technologies.
- Europe: Stringent government regulations,
rehabilitation of wastewater treatment plants, presence of large-scale
end-use industries, and a strong foothold of leading manufacturers are
driving the regional market.
- Asia-Pacific: This is the largest and
fastest-growing regional market owing to the huge domestic production,
growing water treatment activities, increasing government investments, and
emerging economies such as India, China, Thailand, and others.
- Latin America:The growing demand is due to the
expanding end-use industries and waste water treatment activities.
- Middle East & Africa:High level of disposable
income and increased demand for end-use applications such as
detergents, agrochemicals, and the paper & pulp industryare fueling
the market growth in the region.
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