Sellbyville, Delaware, Nov. 07, 2018 (GLOBE NEWSWIRE) --

Bleaching Agents Market is set to cross USD 91 billion by 2025; according to a new research report by Global Market Insights, Inc. Rising environmental awareness for waste water treatment in the emerging economies is likely to propel the bleaching agents market size in the forecast timeframe.

Growing industrialization activities in emerging economies including China, India, Brazil and South Africa have created a major decline in the level of consumable water and raised the level of groundwater contamination. Therefore, there is rising aquatic concerns which has propelled water treatment activities in the region which is likely to boost bleaching agents market size by 2025.

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Stringent government standards are imposed on several bleaching agents, owing to its toxic nature, which is likely to hinder bleaching agents market size by 2025. Extensive product use may result into several health issues such as skin irritation, eye problems and respiratory issues. Nevertheless, the growing awareness for the use of ecofriendly alternatives such as hydrogen peroxide, phenolic disinfectants and pine oil in place of chlorine-based products having harsh and coarse impact will generate abundant opportunities to the market share by 2025.

Peroxide based bleaching agents witnessed growth of more than 5.5% by 2025. Hydrogen peroxide is an oxidizing agent which is used as a laundry bleach. It functions by breaking down safely into water and oxygen and is comparatively environment friendly than chlorine-based bleaches. Therefore, it is preferable for applications in washable and dye-stable fabrics. Moreover, the product finds extensive application in healthcare and pulp & paper industry owing to its extremely light sensitive property. It is also used in households at lower concentrations for medicinal applications. On the other hand, higher concentration products are used as bleach for textiles and paper, which will help trigger product demand, thereby driving bleaching agents market size by 2025.

Browse key industry insights spread across 223 pages with 298 market data tables & 29 figures & charts from the report, “Bleaching Agents Market Size By Type (Peroxide Based, Chlorine Based, Reducing Agents), By Application (Pulp & Paper, Water Treatment, Textile, Construction, Healthcare), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Malaysia, Indonesia, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table of contents:

Bleaching agents market size for textile industry registered close to 22% of the total industry share in 2017. It is employed for the removal of natural coloring matter from the substrates. Furthermore, the oxidized bleaches are safe for use and does not remove color or patterns from clothes. It removes stains and even brightens color if used in appropriate quantity. Moreover, oxygen bleach is biodegradable in nature which makes it more desirable across industrial applications and thus likely to project higher gains by 2025.

Middle East & Africa bleaching agents market size is likely to project gains of more than 4.5% by 2025. Solid waste and lack of proper sewage in the region are polluting the ground water, which is affecting the aquatic life and human health. Lack of awareness and willingness to pay for proper sanitation in the rural areas has resulted in water scarcity in the region. Therefore, government in the region is making substantial investments for building water treatment facilities to restore availability of clean water. These trends will have a positive impact on the product demand, which will help escalate the market size by 2025.

Bleaching agents market share is exceedingly competitive, with several key players which accounted for more than half of the total industry size in 2017. Some of the prominent market share contributors are AkzoNobel, BASF, Arkema, Clariant, Evonik, Solvay, Ashland, PPG Industries, Mitsubishi Inc., Aditya Birla Inc., Sigma-Aldrich Co., Kemira Oyj and DowDuPont. Most of these players are making investment to expand its market presence to generate higher profit gains.

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