Bleaching Agent Market Report: Trends, Forecast and Competitive Analysis to 2030

Bleching Agent Trends and Forecast

The future of the global bleching agent market looks promising with opportunities in the food & beverage, pulp & paper, textile, and household laundering markets. The global bleching agent market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand of bread and bread-related products, significantly growing paper and pulp industry, and on-going technological advancements in flour quality assessments.

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Bleching Agent by Segment

The study includes a forecast for the global bleching agent by form, product, end use, and region.

Bleching Agent Market by Form [Shipment Analysis by Value from 2018 to 2030]:

• Powder
• Liquid

Bleching Agent Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Azodicarbonamide
• Hydrogen Peroxide
• Ascorbic Acid
• Acetone Acid
• Acetone Peroxide
• Chlorine Dioxide
• Others

Bleching Agent Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Food & Beverages
• Pulp & Paper
• Textile
• Household Laundering
• Others

Bleching Agent Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Bleching Agent Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bleching agent companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bleching agent companies profiled in this report include-

• BASF
• Aditya Birla Chemicals
• Evonik
• Solvay
• Akzonobel

Bleching Agent Market Insights

Lucintel forecasts that powder will remain the larger segment over the forecast period due to the increasing adoption of powdered bleaching agents in laundry and textile, a and water treatment industries across the globe.

Within this market, food & beverage will remain the largest segment due to its increasing adoption by food and beverage suppliers for removing unwanted odor, color, and impurities to enhance the quality as well as appearance of food products.

APAC is expected to witness highest growth over the forecast period due to significantly growing large textiles and paper industries in the region.

Features of the Global Bleching Agent Market

Market Size Estimates: Bleching agent market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Bleching agent market size by form, product, end use, and region in terms of value ($B).

Regional Analysis: Bleching agent market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different forms, products, end uses, and regions for the bleching agent market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bleching agent market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the bleching agent market size?

Answer: The global bleching agent market is expected to reach an estimated $1.1 billion by 2030.

Q2. What is the growth forecast for bleching agent market?

Answer: The global bleching agent market is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the bleching agent market?

Answer: The major drivers for this market are growing demand of bread and bread-related products, significantly growing paper and pulp industry, and on-going technological advancements in flour quality assessments.

Q4. What are the major segments for bleching agent market?

Answer: The future of the bleching agent market looks promising with opportunities in the food & beverage, pulp & paper, textile, and household laundering markets.

Q5. Who are the key bleching agent market companies?

Answer: Some of the key bleching agent companies are as follows.

• BASF
• Aditya Birla Chemicals
• Evonik
• Solvay
• Akzonobel

Q6. Which bleching agent market segment will be the largest in future?

Answer: Lucintel forecasts that powder will remain the larger segment over the forecast period due to the increasing adoption of powdered bleaching agents in laundry and textile, a and water treatment industries across the globe.

Q7. In bleching agent market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to significantly growing large textiles and paper industries in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the bleching agent market by form (powder and liquid), product (azodicarbonamide, hydrogen peroxide, ascorbic acid, acetone acid, acetone peroxide, chlorine dioxide, and others), end use (food & beverages, pulp & paper, textile, household laundering, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?