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Bleaching Agents Market Trends

Report ID: GMI2525
Published Date: Nov 2024
Report Format: PDF

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Bleaching Agents Market Trends

The market is experiencing notable trends, particularly the shift towards eco-friendly and sustainable solutions as consumers prioritize environmental considerations. Innovations in bleaching formulations are also emerging, with a focus on efficiency and reduced chemical use, which is appealing to both manufacturers and consumers.

Additionally, the growing demand for natural and organic products in personal care and household cleaning is influencing the development of plant-based bleaching agents. There is also an increasing trend of using bleaching agents in the food and beverage industry, particularly for enhancing the appearance of products. Furthermore, advancements in technology are leading to more effective bleaching processes that minimize waste and improve overall quality.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The global market size for bleaching agents was valued at USD 80.3 billion in 2023 and is expected to reach USD 128.4 billion by 2032, driven by a CAGR of over 5.2% from 2024 to 2032.

The pulp & paper application held a 32.5% market share in 2023, driven by the industry's high demand for bright, white paper products.

The U.S. market was valued at USD 11.9 billion in 2023, driven by large-scale industrial and consumer demand across various sectors.

Major players in the industry include Arkema, BASF, Gujarat Alkalies and Chemicals, Kemira Oyj, Prakash Chemicals, Sigma-Aldrich, Star Chem, and Solvay.