
Global Hypochlorous Acid Market - Industry Dynamics, Size, And Opportunity Forecast To 2030
Report ID: MS-1563 | Chemicals And Materials | Last updated: Aug, 2024 | Formats*:

Hypochlorous Acid Report Highlights
Report Metrics | Details |
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Forecast period | 2019-2030 |
Base Year Of Estimation | 2023 |
Growth Rate | CAGR of 4.22% |
By Product Type | Sodium Hypochlorite, Calcium Hypochlorite, Other |
Key Market Players |
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By Region |
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Hypochlorous Acid Market Trends
The extraordinary antimicrobial properties and multipurpose applicability will drive growth in the hypochlorous acid market. Given the rising concerns towards hygiene and sanitation—especially with the backdrop of various global health crises—the demand for disinfectants has been high. Huge growth in demand is presently being witnessed in the adoption of hypochlorous acid-based solutions across healthcare, food processing, water treatment, and personal care sectors. Increasing focus on sustainable and ecofriendly products also places hypochlorous acid in a very good position because of its non-toxic nature and minimal environmental impact. Improving production technologies and developing innovative delivery systems further fuel this growth.Hypochlorous Acid Market Leading Players
The key players profiled in the report are Aditya Birla Chemicals (India), AGC Chemicals Americas (U.S.), Aqualution Systems Ltd (U.K.),, Arkema (France), BASF SE (Germany), INOVYN (U.K.), Kuehne Company (U.S.), Lenntech B.V. (Netherlands), Lonza (Switzerland), Nouryon (Netherlands), Occidental Petroleum Corporation (U.S.), Olin Corporation (U.S.), Surpass Chemical Company, Inc. (U.S.), The Clorox Company (U.S.), Tianjin Ruifuxin Chemical Co., Ltd. (China), Tosoh Corporation (Japan), Ultrapure HOCL (Pty) Ltd (South Africa), Westlake Chemical Corporation (U.S.)Growth Accelerators
The hypochlorous acid market is driven by several factors that point to the effectiveness and safety of the compound. Cases of antimicrobial resistance are on the rise, and now there is a subsequent demand for efficient disinfectants. Its broad-spectrum antimicrobial activity is in huge demand across various applications due to its nontoxicity. Besides, there is a growing concern towards food safety and hygiene, which requires hypochlorous acid-based sanitizers in the food processing industry. The increased cases of health-associated infections have also brought about the need for strong disinfection policies. The effectiveness of hypochlorous acid in killing pathogens elevated it to be the top choice of hospitals and healthcare institutions. Also, its eco-friendliness and biodegradability aspect comes at a time when world systems are leaning towards green and sustainable solutions, thus continuing to fuel the market.Hypochlorous Acid Market Segmentation analysis
The Global Hypochlorous Acid is segmented by Type, Application, and Region. By Type, the market is divided into Distributed Sodium Hypochlorite, Calcium Hypochlorite, Other . The Application segment categorizes the market based on its usage such as Sanitizing Agent, Oxidizing Agent, Disinfection, Others. Geographically, the market is assessed across key Regions like North America (United States, Canada, Mexico), South America (Brazil, Argentina, Chile, Rest of South America), Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA (Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The hypochlorous acid market is represented by a blend of traditional chemical manufacturers and dedicated, emerging hypochlorous acid manufacturers. Of these, the main players are very proactive in developing new and innovative production techniques and product lines to bolster their presence in the market. Capacity, quality of product, distribution networks, and technological innovation determine the competitive scenario. The more the investments in research and development by key players in the hypochlorous acid solutions market to enhance the efficacy and stability of the product. Furthermore, an increasing focus on green manufacturing and eco-friendly packaging will be seen to address the concerns of eco-conscious consumers. As the market matures further, consolidation amongst the industry players will increase in tandem, rendering the competitive landscape more concentrated.Challenges In Hypochlorous Acid Market
Though promising, there are some problems that the hypochlorous acid market has to overcome. Primary among these is the relatively short shelf life of hypochlorous acid solutions, which requires careful handling and storage conditions. Production may also become complex and, thus, expensive, which could limit its broader diffusion in some applications. It is also competing with traditional disinfectants and sanitizers that have been on the market for a long time, therefore requiring effective marketing and education on the special benefits that hypochlorous acid brings. The second challenge is the standardisation and quality control of the HOCl product. To have trust by the consumer, there must be consistency with regards to efficacy and safety amongst all manufacturers. There are also the economic factors—the rising prices of raw materials and the general world economic conditions—which will impact production costs and therefore product pricing.Risks & Prospects in Hypochlorous Acid Market
With its diversified application areas and increasing consumer awareness towards hygiene and safety, the hypochlorous acid market has high growth potential. Increasing cases of infectious diseases and, accordingly, the growing need for disinfectants drive the demand in the global hypochlorous acid market. Geographical expansion into emerging markets with rising healthcare infrastructures and growing disposable incomes has high potential. Furthermore, new market opportunities can result from technological developments, like the invention of efficient hypochlorous acid generators. New applications in agriculture, aquaculture, and environmental remediation can also contribute to its market growth. In the present world that is highly aware of health and safety, hypochlorous acid can ride on these emerging waves to become a mainstay across industries.Key Target Audience
The most important customers of HOCl are hospitals, healthcare facilities, and clinics. The compound is strongly antimicrobial in nature, and as such, it is a significantly required disinfectant in many medical applications, which include wound care and surgical equipment sterilisation, in addition to environmental disinfection. The other major end-users are the food and beverage industries, which also use hypochlorous acid to ensure food safety from contamination and prolong the shelf life of products.,, A major portion is consumed by the water treatment plants and municipalities. Hypochlorous acid is utilised for disinfecting drinking water and wastewater that is safe for public health. Hypochlorous acid is an important disinfectant or sanitizer for animals and poultry in the agricultural industry in terms of preventing disease and promoting the welfare of the animals.Merger and acquisition
Some significant consolidation has been apparent in the hypochlorous acid market among larger chemical players. Major chemical companies have shown a strong interest in boosting their product offering and increasing their position in the high-growth hypochlorous acid market. A case in point is the acquisition by Kuehne Company of the sodium hypochlorite business from Chemours in 2020. The main purpose, among others, is to make Kuehne Company a leading player in the hypochlorous acid market since sodium hypochlorite is a precursor in the manufacture of hypochlorous acid. Though the market is yet to shape up, these are baby steps taken that show a looming interest towards hypochlorous acid from the bigger corporations.- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Hypochlorous Acid- Snapshot
- 2.2 Hypochlorous Acid- Segment Snapshot
- 2.3 Hypochlorous Acid- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Hypochlorous Acid Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Sodium Hypochlorite
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Calcium Hypochlorite
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 Other
- 4.4.1 Key market trends, factors driving growth, and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
5: Hypochlorous Acid Market by Application / by End Use
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Sanitizing Agent
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Oxidizing Agent
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Disinfection
- 5.4.1 Key market trends, factors driving growth, and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
- 5.5 Others
- 5.5.1 Key market trends, factors driving growth, and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market share analysis by country
6: Hypochlorous Acid Market by End use
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 PERSONAL CARE
- 6.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 WOUND MANAGEMENT
- 6.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
- 6.4 FOOD AND AGRICULTURE
- 6.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market share analysis by country
- 6.5 OIL AND GAS
- 6.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market share analysis by country
- 6.6 WATER TREATMENT
- 6.6.1 Key market trends, factors driving growth, and opportunities
- 6.6.2 Market size and forecast, by region
- 6.6.3 Market share analysis by country
- 6.7 OTHERS
- 6.7.1 Key market trends, factors driving growth, and opportunities
- 6.7.2 Market size and forecast, by region
- 6.7.3 Market share analysis by country
7: Hypochlorous Acid Market by Region
- 7.1 Overview
- 7.1.1 Market size and forecast By Region
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 Market size and forecast, by Type
- 7.2.3 Market size and forecast, by Application
- 7.2.4 Market size and forecast, by country
- 7.2.4.1 United States
- 7.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.1.2 Market size and forecast, by Type
- 7.2.4.1.3 Market size and forecast, by Application
- 7.2.4.2 Canada
- 7.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.2.2 Market size and forecast, by Type
- 7.2.4.2.3 Market size and forecast, by Application
- 7.2.4.3 Mexico
- 7.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.2.4.3.2 Market size and forecast, by Type
- 7.2.4.3.3 Market size and forecast, by Application
- 7.2.4.1 United States
- 7.3 South America
- 7.3.1 Key trends and opportunities
- 7.3.2 Market size and forecast, by Type
- 7.3.3 Market size and forecast, by Application
- 7.3.4 Market size and forecast, by country
- 7.3.4.1 Brazil
- 7.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.1.2 Market size and forecast, by Type
- 7.3.4.1.3 Market size and forecast, by Application
- 7.3.4.2 Argentina
- 7.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.2.2 Market size and forecast, by Type
- 7.3.4.2.3 Market size and forecast, by Application
- 7.3.4.3 Chile
- 7.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.3.2 Market size and forecast, by Type
- 7.3.4.3.3 Market size and forecast, by Application
- 7.3.4.4 Rest of South America
- 7.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.3.4.4.2 Market size and forecast, by Type
- 7.3.4.4.3 Market size and forecast, by Application
- 7.3.4.1 Brazil
- 7.4 Europe
- 7.4.1 Key trends and opportunities
- 7.4.2 Market size and forecast, by Type
- 7.4.3 Market size and forecast, by Application
- 7.4.4 Market size and forecast, by country
- 7.4.4.1 Germany
- 7.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.1.2 Market size and forecast, by Type
- 7.4.4.1.3 Market size and forecast, by Application
- 7.4.4.2 France
- 7.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.2.2 Market size and forecast, by Type
- 7.4.4.2.3 Market size and forecast, by Application
- 7.4.4.3 Italy
- 7.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.3.2 Market size and forecast, by Type
- 7.4.4.3.3 Market size and forecast, by Application
- 7.4.4.4 United Kingdom
- 7.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.4.2 Market size and forecast, by Type
- 7.4.4.4.3 Market size and forecast, by Application
- 7.4.4.5 Benelux
- 7.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.5.2 Market size and forecast, by Type
- 7.4.4.5.3 Market size and forecast, by Application
- 7.4.4.6 Nordics
- 7.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.6.2 Market size and forecast, by Type
- 7.4.4.6.3 Market size and forecast, by Application
- 7.4.4.7 Rest of Europe
- 7.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 7.4.4.7.2 Market size and forecast, by Type
- 7.4.4.7.3 Market size and forecast, by Application
- 7.4.4.1 Germany
- 7.5 Asia Pacific
- 7.5.1 Key trends and opportunities
- 7.5.2 Market size and forecast, by Type
- 7.5.3 Market size and forecast, by Application
- 7.5.4 Market size and forecast, by country
- 7.5.4.1 China
- 7.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.1.2 Market size and forecast, by Type
- 7.5.4.1.3 Market size and forecast, by Application
- 7.5.4.2 Japan
- 7.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.2.2 Market size and forecast, by Type
- 7.5.4.2.3 Market size and forecast, by Application
- 7.5.4.3 India
- 7.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.3.2 Market size and forecast, by Type
- 7.5.4.3.3 Market size and forecast, by Application
- 7.5.4.4 South Korea
- 7.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.4.2 Market size and forecast, by Type
- 7.5.4.4.3 Market size and forecast, by Application
- 7.5.4.5 Australia
- 7.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.5.2 Market size and forecast, by Type
- 7.5.4.5.3 Market size and forecast, by Application
- 7.5.4.6 Southeast Asia
- 7.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.6.2 Market size and forecast, by Type
- 7.5.4.6.3 Market size and forecast, by Application
- 7.5.4.7 Rest of Asia-Pacific
- 7.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 7.5.4.7.2 Market size and forecast, by Type
- 7.5.4.7.3 Market size and forecast, by Application
- 7.5.4.1 China
- 7.6 MEA
- 7.6.1 Key trends and opportunities
- 7.6.2 Market size and forecast, by Type
- 7.6.3 Market size and forecast, by Application
- 7.6.4 Market size and forecast, by country
- 7.6.4.1 Middle East
- 7.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 7.6.4.1.2 Market size and forecast, by Type
- 7.6.4.1.3 Market size and forecast, by Application
- 7.6.4.2 Africa
- 7.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 7.6.4.2.2 Market size and forecast, by Type
- 7.6.4.2.3 Market size and forecast, by Application
- 7.6.4.1 Middle East
- 8.1 Overview
- 8.2 Key Winning Strategies
- 8.3 Top 10 Players: Product Mapping
- 8.4 Competitive Analysis Dashboard
- 8.5 Market Competition Heatmap
- 8.6 Leading Player Positions, 2022
9: Company Profiles
- 9.1 Aditya Birla Chemicals (India)
- 9.1.1 Company Overview
- 9.1.2 Key Executives
- 9.1.3 Company snapshot
- 9.1.4 Active Business Divisions
- 9.1.5 Product portfolio
- 9.1.6 Business performance
- 9.1.7 Major Strategic Initiatives and Developments
- 9.2 AGC Chemicals Americas (U.S.)
- 9.2.1 Company Overview
- 9.2.2 Key Executives
- 9.2.3 Company snapshot
- 9.2.4 Active Business Divisions
- 9.2.5 Product portfolio
- 9.2.6 Business performance
- 9.2.7 Major Strategic Initiatives and Developments
- 9.3 Aqualution Systems Ltd (U.K.)
- 9.3.1 Company Overview
- 9.3.2 Key Executives
- 9.3.3 Company snapshot
- 9.3.4 Active Business Divisions
- 9.3.5 Product portfolio
- 9.3.6 Business performance
- 9.3.7 Major Strategic Initiatives and Developments
- 9.4 Arkema (France)
- 9.4.1 Company Overview
- 9.4.2 Key Executives
- 9.4.3 Company snapshot
- 9.4.4 Active Business Divisions
- 9.4.5 Product portfolio
- 9.4.6 Business performance
- 9.4.7 Major Strategic Initiatives and Developments
- 9.5 BASF SE (Germany)
- 9.5.1 Company Overview
- 9.5.2 Key Executives
- 9.5.3 Company snapshot
- 9.5.4 Active Business Divisions
- 9.5.5 Product portfolio
- 9.5.6 Business performance
- 9.5.7 Major Strategic Initiatives and Developments
- 9.6 INOVYN (U.K.)
- 9.6.1 Company Overview
- 9.6.2 Key Executives
- 9.6.3 Company snapshot
- 9.6.4 Active Business Divisions
- 9.6.5 Product portfolio
- 9.6.6 Business performance
- 9.6.7 Major Strategic Initiatives and Developments
- 9.7 Kuehne Company (U.S.)
- 9.7.1 Company Overview
- 9.7.2 Key Executives
- 9.7.3 Company snapshot
- 9.7.4 Active Business Divisions
- 9.7.5 Product portfolio
- 9.7.6 Business performance
- 9.7.7 Major Strategic Initiatives and Developments
- 9.8 Lenntech B.V. (Netherlands)
- 9.8.1 Company Overview
- 9.8.2 Key Executives
- 9.8.3 Company snapshot
- 9.8.4 Active Business Divisions
- 9.8.5 Product portfolio
- 9.8.6 Business performance
- 9.8.7 Major Strategic Initiatives and Developments
- 9.9 Lonza (Switzerland)
- 9.9.1 Company Overview
- 9.9.2 Key Executives
- 9.9.3 Company snapshot
- 9.9.4 Active Business Divisions
- 9.9.5 Product portfolio
- 9.9.6 Business performance
- 9.9.7 Major Strategic Initiatives and Developments
- 9.10 Nouryon (Netherlands)
- 9.10.1 Company Overview
- 9.10.2 Key Executives
- 9.10.3 Company snapshot
- 9.10.4 Active Business Divisions
- 9.10.5 Product portfolio
- 9.10.6 Business performance
- 9.10.7 Major Strategic Initiatives and Developments
- 9.11 Occidental Petroleum Corporation (U.S.)
- 9.11.1 Company Overview
- 9.11.2 Key Executives
- 9.11.3 Company snapshot
- 9.11.4 Active Business Divisions
- 9.11.5 Product portfolio
- 9.11.6 Business performance
- 9.11.7 Major Strategic Initiatives and Developments
- 9.12 Olin Corporation (U.S.)
- 9.12.1 Company Overview
- 9.12.2 Key Executives
- 9.12.3 Company snapshot
- 9.12.4 Active Business Divisions
- 9.12.5 Product portfolio
- 9.12.6 Business performance
- 9.12.7 Major Strategic Initiatives and Developments
- 9.13 Surpass Chemical Company
- 9.13.1 Company Overview
- 9.13.2 Key Executives
- 9.13.3 Company snapshot
- 9.13.4 Active Business Divisions
- 9.13.5 Product portfolio
- 9.13.6 Business performance
- 9.13.7 Major Strategic Initiatives and Developments
- 9.14 Inc. (U.S.)
- 9.14.1 Company Overview
- 9.14.2 Key Executives
- 9.14.3 Company snapshot
- 9.14.4 Active Business Divisions
- 9.14.5 Product portfolio
- 9.14.6 Business performance
- 9.14.7 Major Strategic Initiatives and Developments
- 9.15 The Clorox Company (U.S.)
- 9.15.1 Company Overview
- 9.15.2 Key Executives
- 9.15.3 Company snapshot
- 9.15.4 Active Business Divisions
- 9.15.5 Product portfolio
- 9.15.6 Business performance
- 9.15.7 Major Strategic Initiatives and Developments
- 9.16 Tianjin Ruifuxin Chemical Co.
- 9.16.1 Company Overview
- 9.16.2 Key Executives
- 9.16.3 Company snapshot
- 9.16.4 Active Business Divisions
- 9.16.5 Product portfolio
- 9.16.6 Business performance
- 9.16.7 Major Strategic Initiatives and Developments
- 9.17 Ltd. (China)
- 9.17.1 Company Overview
- 9.17.2 Key Executives
- 9.17.3 Company snapshot
- 9.17.4 Active Business Divisions
- 9.17.5 Product portfolio
- 9.17.6 Business performance
- 9.17.7 Major Strategic Initiatives and Developments
- 9.18 Tosoh Corporation (Japan)
- 9.18.1 Company Overview
- 9.18.2 Key Executives
- 9.18.3 Company snapshot
- 9.18.4 Active Business Divisions
- 9.18.5 Product portfolio
- 9.18.6 Business performance
- 9.18.7 Major Strategic Initiatives and Developments
- 9.19 Ultrapure HOCL (Pty) Ltd (South Africa)
- 9.19.1 Company Overview
- 9.19.2 Key Executives
- 9.19.3 Company snapshot
- 9.19.4 Active Business Divisions
- 9.19.5 Product portfolio
- 9.19.6 Business performance
- 9.19.7 Major Strategic Initiatives and Developments
- 9.20 Westlake Chemical Corporation (U.S.)
- 9.20.1 Company Overview
- 9.20.2 Key Executives
- 9.20.3 Company snapshot
- 9.20.4 Active Business Divisions
- 9.20.5 Product portfolio
- 9.20.6 Business performance
- 9.20.7 Major Strategic Initiatives and Developments
10: Analyst Perspective and Conclusion
- 10.1 Concluding Recommendations and Analysis
- 10.2 Strategies for Market Potential
Scope of Report
Aspects | Details |
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By Application |
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By End use |
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Frequently Asked Questions (FAQ):
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