The global sodium percarbonate market size is expected to reach USD 817.98 million by 2032, according to a new study by Polaris Market Research. The report “Sodium Percarbonate Market Share, Size, Trends, Industry Analysis Report, By Type (Coated, Uncoated, and Tablet); By Application; By End-Use; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Increasing demand for product across various cleaning applications such as floor cleaning and laundry & dishwashing products across the personal care & home industry coupled with the rising popularity of oxygen bleaches over the other chlorine bleaches globally, are among the prominent factors influencing the demand and growth of the market. The use of product is being more sustainable than traditional cleaning agents, such as chlorine bleach that is further likely to improve the sustainability of sodium percarbonate, thereby companies have developed production processes that use less energy and produce less waste. For instance, in January 2023, Alcalis de la Patagonia, the only producer in the South America, introduced an investment plan of USD 250 Mn, in order to expand its production to export their production to 5 countries in the region.
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The increasing use of nano-sized particles of sodium percarbonate has been shown to improve its solubility and reactivity and gained significant traction in the recent years, as nano-sodium percarbonate has a higher surface area, which allows it to dissolve more quickly and react more efficiently with stains and dirt. Beside this, with advances in automation and control systems, the production processes can be optimized for efficiency and quality and these processes can also reduce the risk of human error and improve safety in production facilities. Apart from this, while sodium percarbonate is a versatile compound, it faces competition from alternative products such as hydrogen peroxide and sodium hypochlorite. Manufacturers are increasingly focused on developing differentiated products to remain competitive in the market and gain a competitive edge among competitors.
Sodium Percarbonate Market Report Highlights
Polaris Market Research has segmented the sodium percarbonate market report based on type, application, end-use, and region:
Sodium Percarbonate, Type Outlook (Revenue - USD Million, 2017- 2032)
Sodium Percarbonate, Application Outlook (Revenue - USD Million, 2017- 2032)
Sodium Percarbonate, End-Use Outlook (Revenue - USD Million, 2017- 2032)
Sodium Percarbonate, Regional Outlook (Revenue - USD Million, 2017- 2032)
Report Attributes |
Details |
Market size value in 2023 |
USD 610.87 million |
Revenue forecast in 2032 |
USD 817.98 million |
CAGR |
3.30% from 2023 – 2032 |
Base year |
2022 |
Historical data |
2019– 2021 |
Forecast period |
2023 – 2032 |
Quantitative units |
Revenue in USD million and CAGR from 2023 to 2032 |
Segments covered |
By Type, By Application, By End-Use, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Key companies |
Jinke Company Limited, Wuxi Wanma Chemical Co. Ltd., Yongtai Chemical, Meryer Chemical Technology, Evonik Industries AG, Shangyu Jiehua Chemical, Hodogaya Chemical Co. Ltd., OCI Peroxygens LLC, Solvay AG, Akzonobel, Jiangxi Boholy Chemical Co. Ltd., Hongye Chemical Group, Kemira Chemicals, Tata Chemicals Ltd., and AG Chem Group s.r.o. |
For Specific Research Requirements |