Sodium Percarbonate Trends and Forecast
The future of the global sodium percarbonate market looks promising with opportunities in the household cleaning, laundry, industrial cleaning, textile industry, chemical industry, papermaking industry, and food industry markets. The global sodium percarbonate market is expected to reach an estimated $650.0 million by 2030 with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are growing government rules aimed at lowering pollution levels and the carbon footprint worldwide, growing awareness of the need of treating wastewater, as well as, increasing use of products as oxidizing agents, and the penetration of these policies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Sodium Percarbonate by Segment
The study includes a forecast for the global sodium percarbonate by type, application, end use, and region.
Sodium Percarbonate Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Coated
• Uncoated
• Tablet
Sodium Percarbonate Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Detergent Agent
• Cleaning Agent
• Bleaching Agent
• Water Treatment
• Others
Sodium Percarbonate Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Household Cleaning
• Laundry
• Industrial Cleaning
• Textile Industry
• Chemical Industry
• Papermaking Industry
• Food Industry
• Others
Sodium Percarbonate Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Sodium Percarbonate 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 sodium percarbonate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sodium percarbonate companies profiled in this report include-
• Solvay
• Evonik Industries
• OCI Peroxygens
• Kemira Khimprom
• Akzonobel
• HOGYE HOLDING
• JINKE
• Jiangxi Boholy Chemicals
• Wuxi Wanma Chemical
• Hodogaya Chemical
Sodium Percarbonate Market Insights
Lucintel forecasts that detergent agent will remain the largest segment over the forecast period due to the expanding detergent industry and greater health concerns about wearables will stimulate demand for household detergents and bleaching substances.
Within this market, household cleaning will remain the largest segment due to growing demand for affordable, high-performing cleaning products that are suitable for a wide range of households worldwide is constantly growing.
APAC will remain the largest region over the forecast period due to the region's growing population and their greater purchasing power for premium food and cleaning supplies, as well as, rise in the use of products in laundry applications and an exponential growth in the food industry overall.
Features of the Global Sodium Percarbonate Market
Market Size Estimates: Sodium percarbonate market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Sodium percarbonate market size by type, application, end use, and region in terms of value ($M).
Regional Analysis: Sodium percarbonate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, end use, and regions for the sodium percarbonate market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sodium percarbonate market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the sodium percarbonate market size?
Answer: The global sodium percarbonate market is expected to reach an estimated $650.0 million by 2030.
Q2. What is the growth forecast for sodium percarbonate market?
Answer: The global sodium percarbonate market is expected to grow with a CAGR of 2.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the sodium percarbonate market?
Answer: The major drivers for this market are growing government rules aimed at lowering pollution levels and the carbon footprint worldwide, growing awareness of the need of treating wastewater, as well as, increasing use of products as oxidizing agents, and the penetration of these policies.
Q4. What are the major segments for sodium percarbonate market?
Answer: The future of the global sodium percarbonate market looks promising with opportunities in the household cleaning, laundry, industrial cleaning, textile industry, chemical industry, papermaking industry, and food industry markets.
Q5. Who are the key sodium percarbonate market companies?
Answer: Some of the key sodium percarbonate companies are as follows:
• Solvay
• Evonik Industries
• OCI Peroxygens
• Kemira Khimprom
• Akzonobel
• HOGYE HOLDING
• JINKE
• Jiangxi Boholy Chemicals
• Wuxi Wanma Chemical
• Hodogaya Chemical
Q6. Which sodium percarbonate market segment will be the largest in future?
Answer: Lucintel forecasts that detergent agent will remain the largest segment over the forecast period due to the expanding detergent industry and greater health concerns about wearables will stimulate demand for household detergents and bleaching substances.
Q7. In sodium percarbonate market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to the region's growing population and their greater purchasing power for premium food and cleaning supplies, as well as, rise in the use of products in laundry applications and an exponential growth in the food industry overall.
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 sodium percarbonate market by type (coated, uncoated, and tablet), application (detergent agent, cleaning agent, bleaching agent, water treatment, and others), end use (household cleaning, laundry, industrial cleaning, textile industry, chemical industry, papermaking industry, food industry, 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?
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