Market Overview
The escalated usage detected for
cleaning products in a diverse product range offering is influencing the demand
for sodium percarbonate positively. Market reports related to the chemicals and
materials industry have been offered by Market Research Future which makes
reports on other industry verticals that endeavor to study the current market
scenarios better. The market demonstrates the potential to achieve USD 1981.2
million in earnings while progressing with a CAGR of 8.24 % in the forecast
period.
Get Sample Copy@ https://www.marketresearchfuture.com/sample_request/835
The rise in household incomes and
savings coupled with the development of the facilities management sector are
positively influencing the expansion of the sodium percarbonate market. The
escalated usage of detergent, cleaning agent, bleaching agent to maintain
hygiene and reduce the effects of pollution is enhancing the growth of the
market for sodium percarbonate fruitfully. The progress of the papermaking
industry especially for novelty and specialty products is anticipated to create
new opportunities for growth in the forecast period.
Competitive Analysis
The market shows an escalated
growth pace due to the positive influence exerted by the market forces. The
absorbed costs in the market are easily dealt with, opening up more room for
development in the market. The promotional and other related expenses are
improved particularly due to the progress of the market. The competitors are
devotedly undertaking the obstacles to development and are building strategies
that can lead to a beneficial effect on the market's growth. Certain regions in
the market are expected to achieve an absolute advantage in the market place
due to optimized strategies. The accretive nature of some of the assets in the
market is expected to boost the growth potential of the market. Additionally,
the alliances being created in the market are expected to further motivate the
expansion of the market in the coming years.
·
Evonik Industries AG
·
Kemira, OCI Peroxygens LLC
·
Khimprom
·
Hogye Holding Group Corporation Limited
·
Solvay AG
·
Wuxi Wanma Chemical Co., Ltd
·
JINKE Company Limited.
·
Jiangxi Boholy Chemical Co.,Ltd
·
Hodogaya Chemical Co., Ltd
Segmental Analysis
The segmentation analysis of the
sodium percarbonate market is conducted on the basis of application, type, end
use, and region. Based on the type, the sodium percarbonate market is segmented
into uncoated, coated, and tablet. Based on application, the sodium
percarbonate market is segmented into cleaning agent, detergent agent, water
treatment, bleaching agent, and others. The segmentation of the sodium
percarbonate market on the basis of end-use comprises of laundry, household
cleaning, industrial cleaning, chemical industry, textile industry, food
industry, papermaking industry, and others.
Access Complete Report @ https://www.marketresearchfuture.com/reports/sodium-percarbonate-market-835
Table of Content:
1 Report Prolouge
2 Market Definition
2.1 Market Definition 16
2.2 Scope Of The Study 16
2.3 Research Objectives 16
2.4 Assumptions 16
2.5 Limitations 17
2.6 Markets Structure 17
3 Research Methodology
3.1 Research Process 18
3.2 Primary Research 19
3.3 Secondary Research 19
3.4 Market Size Estimation 20
3.5 Forecast Model 21
4 Market Dynamics
4.1 Drivers 22
4.1.1 Growing Applications Of
Sodium Percarbonate In Household Cleaning Fuelling The Market Growth 22
4.1.2 Growing Textile Industry
Led To Increasing Demand For Sodium Percarbonate 23
4.1.3 Increasing Industrial
Application Stimulated Sodium Percarbonate Demand. 23
4.2 Restraints 24
4.2.1 Side Effects Pertaining To
Health Caused By Sodium Percarbonate Anticipated To Pose As A Growth Barrier.
24
4.2.2 Availability Of Substitute
Expected To Limit Market Growth. 24
4.3 Opportunities 25
4.3.1 Increasing Population
Anticipated To Provide Several Growth Prospects In Household Application. 25
4.3.2 Use Of Sodium Percarbonate
As Disinfectant In Food And Pharmaceutical Industries Likely To Provide Growth
Opportunities. 25
4.4 Trends 26
4.4.1 Sodium Percarbonate Tablet
Is Increasingly Used In The Water Treatment Applications….to be continued
Detailed Regional
Analysis
The regional evaluation of the
sodium percarbonate market covers regions such as Asia Pacific, Latin
America, North America, Europe, and the Middle East & Africa. The European
displays leadership in the market motivated by the development of several
industries such as household, laundry, and industrial cleaning. The European
region is projected to develop with a noteworthy CAGR of around 8.31% over the
forecast period. The nations of Germany, UK, and Russia are among the prominent
contributors to the growth in the regional market and will maintain their power
through the forecast period due to the wide utilization of sodium percarbonate
in the textile and household sector.
The Asia Pacific region is
anticipated to plot its development over the forecast period with a CAGR of
around 8.25%. The requirement for sodium percarbonate is projected to rise in
numerous countries in the Asia Pacific region such as China, India, and Japan
due to increasing industrial investments and the elevated
standard of living. Moreover, the Middle East & African regions are
foreseen to observe a modest market growth rate, increasing with CAGR of 7.94%
throughout the forecast period. In the Middle East & African region, UAE is
credited for the principal market portion with a value of USD 17.2 million in
2016 and is expected to carry on its influence on the region’s progress over
the forecast period. The development is accredited to the growing consumption
of detergent and cleaning agent in several end-use industries. The developed
regions in the market such as Latin America and North America are projected to
perceive significant growth owing to the strict regulatory framework coupled
with high technology adoption rate.
Have a Query? Ask Here@ https://www.marketresearchfuture.com/enquiry/835
Market Research
Future (MRFR) is a global market research company that takes pride in its
services, offering a complete and accurate analysis with regard to diverse
markets and consumers worldwide. MRFR’s approach combines the proprietary
information with various data sources to give an extensive understanding to the
client about the latest key developments, expected events and also about what
action to take based on these aspects.
Our fast growing
industry research firm is backed by a proficient team of research analysts that
offers valuable analytics and data with respect to technological and economical
advancements. Our deemed analysts perform industrial visits and procure the
relevant information from prominent market players. Our key objective is to keep
our clients abridged of the potential opportunities and challenges in different
markets. We provide step-by-step assistance to our respected clients, via
strategic and consulting services to reach a managerial and actionable
decision.
Contact
Market Research Future
Maharashtra, India
+1 646 845 9312
