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The global bleaching agents market was valued at USD 80.3 billion in 2023 and is estimated to grow at a CAGR of over 5.2% from 2024 to 2032. The demand for bleaching agents is primarily driven by the growing need for whitening and brightening applications across various industries, including textiles, pulp and paper, and personal care.
As consumers increasingly seek high-quality products with enhanced aesthetic appeal, manufacturers are investing in effective bleaching solutions that meet these expectations. Additionally, the rising awareness of environmental sustainability is pushing the development of eco-friendly bleaching agents, further fuelling market growth. This trend is particularly prominent in sectors like household cleaning and cosmetics, where natural and biodegradable options are gaining traction.
Report Attribute | Details |
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Base Year: | 2023 |
Bleaching Agents Market Size in 2023: | USD 80.3 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 5.2% |
2032 Value Projection: | USD 128.4 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 350 |
Segments covered: | Type By Application, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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