China Bleach Precursor Market to Project 3.7% CAGR by 2032

New YorkAnd January 13, 2022 /PRNewswire/- Fact.MR – Market Research & Competitive Intelligence Provider: The global bleaching precursor market is expected to be valuable 407 billion US dollars In 2022, it rises to 483 billion dollars By 2032, at a compound annual growth rate of 9.2% from 2022 to 2032.

Bleach activators have found their way into a variety of sectors, from household to textile uses. Peroxide-based bleaching activators, such as Tetraacetylethylenediamine, have become the most popular bleaching agent in home care.

In the coming years, the use of bleaches in household cleaning products is expected to create significant growth prospects. in a Europe In emerging markets, the use of bleaching precursors has increased over the past half decade.

Similarly, the end uses of bleaching activators are driven by the textile, paper and pulp sectors, ensuring future demand. The application of bleaching activators has also been expanded due to their widespread use in recovered paper. The demand for bleaching activators is expected to remain high in the near future due to their widespread use in a variety of industries.

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A large amount of bleach has been used in a variety of laundry cleaning products. In areas with lower temperatures, detergents with bleach as a raw material are very effective. Over time, the need for a highly concentrated detergent powder increases. Moreover, the use of the bleaching precursor tetraethylene diamine (TAED) is steadily growing.

In addition, the textile industry is experiencing an increased demand for detergents containing bleach, as the fabric washing process involves the use of a washing machine with temperatures below 60°C. Due to textile care and energy considerations, this washing temperature is chosen.

Report attributes

details

Market size value in 2021

400 million US dollars

Estimated market value in 2022

407 million US dollars

The value of the market forecast in 2032

483 million US dollars

Global Growth Rate (2022-20322)

2.1% compound annual growth rate

The rise of the middle class, urbanization, and the global burden of disease have had a major impact on residential infrastructures in developing countries. As a result, the demand for bleaching activators in the home care sector is expected to increase.

With the increasing use of washing machines, the demand for household cleaning solutions and laundry detergents is steadily increasing China Over the past half century, resulting in an increased demand for bleach.

The main takeaway:

  • China The bleaching precursor market is expected to grow at a compound annual growth rate of 3.7% by 2032.
  • Russia The bleaching precursor market is expanding at a compound annual growth rate of 1.1%.
  • Latin america Representing about 10% of the global market share of bleaching precursors in 2021
  • By product type, tetra-acetylethylene diamine (TAED) to dominate the global market.
  • The granular bleaching precursor segment has a higher market share than the bleaching powder precursor segment among the different types of bleaching precursors.

Growth Engines:

  • The use of bleaches in household cleaning products to drive market growth.
  • Demand for bleaches in the textile, paper and pulp industries to stimulate the market.

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Competitive scene:

Leading companies have adopted new strategic approaches to expand their market presence among consumers. As a result of these strategies, there is now a high demand for bleaching precursors.

Notable players in the world Bleaching precursor The market is:

  • DuduPont
  • FutureFuel Company
  • Lubrizol Company
  • WeylChem Wiesbaden GmbH
  • Delamine BV
  • idCHEM Co., Ltd.
  • Zhejiang Jink Culture Industry Co., Ltd.
  • NEZ Performance Chemicals
  • AK ChemTek Co., Ltd.
  • Kimsfield Co., Ltd.

More Valuable Insights About Bleaching Precursor Market

Fact MR provides unbiased analysis of the bleaching precursor market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study reveals compelling insights about the global Bleaching Precursors Market with detailed segmentation on the grounds of:

  • By product type:
    • tetraethylene diamine
    • Sodium Nonanoyloxybenzenesulfonate
  • By industry end use:
    • Laundry Detergent
    • household cleaners
    • Dishes washing
    • paper pulp
    • Textile
  • By model:

Key questions addressed in the Bleaching Precursors Market report

  • The report provides an insight into the demand outlook of the bleaching materials market for 2022-2032
  • The market study also highlights the expected sales growth of the bleaching precursors market between 2022-2032
  • The Bleaching Precursors Market survey identifies the key growth drivers, restraints and other forces influencing the prevailing trends, and evaluates the current market size, forecast, and technological advancement within the industry.
  • Analyzing the Bleaching Precursor market share of key industry companies and covering strategies such as mergers and acquisitions, joint ventures, collaborations or partnerships, and others

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