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  • Sodium Hypochlorite Market Forecast Analysis | 2022-2028

    Sodium Hypochlorite Market Forecast Analysis | 2022-2028

    Sodium Hypochlorite Market Forecast Analysis | 2022-2028
    Report code - SRAM649 Delivery - 2 Weeks
    Sodium Hypochlorite Market Size, Share, Trends, Forecast, & Growth Analysis– 202 See more...

    Market Insights

    The sodium hypochlorite market was estimated at USD 222.18 million in 2021 and is likely to grow at a CAGR of 5.4% during 2022-2028 to reach USD 322.12 million in 2028.


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    What is sodium hypochlorite?

    Sodium hypochlorite is basically a chemical compound that is unstable and may decompose explosively. It comprises a sodium cation and a hypochlorite anion.

    Sodium Hypochlorite Market Highlights

    Market Size in 2021

    USD 222.18 million

    Market Size in 2028

    USD 322.12 million

    Market Growth (2022-2028)

    5.4% CAGR

    Base Year of Study


    Trend Period


    Forecast Period


    Market Dynamics

    The growth of the sodium hypochlorite market is primarily driven by:

    • The increase in consumption of sanitization products,
    • The growing water treatment chemical market.


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    Segments' Analysis

    By Function Type

    Based on the function type, the market is segmented as oxidizing, bleaching, odor removal, disinfection, and others. The disinfection segment is estimated to account for the major share of the market during the forecast period. Factors such as the growing surface disinfectant market, the rising need for enhanced healthcare services, and the increasing spending power of consumers on personal hygiene are further expected to fuel the industry's growth during the forecast period.

    By Application Type

    Based on the application type, the market is segmented as agriculture, chemical, water treatment, textile, household, and others. Water treatment is estimated to be the largest application type in the market during the forecast period. Many countries are facing the issue of water scarcity due to which governments are taking various initiatives to reuse the wastewater from municipalities as well as industry. This factor is also helping to maintain an ecological balance, fueling the overall industry growth during the forecast period.

    Regional Insights

    In terms of regions, Asia-Pacific is estimated to be the leading region in the market during the forecast period owing to the increasing consumer awareness regarding health and hygiene and growing demand for wastewater treatment in the region. India, China, Japan, and South Korea are the major contributors to fueling the growth of the regional market. North America and Europe are also expected to offer substantial growth opportunities over the forecast period.


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    Market Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The market is segmented into the following categories. 

    By Function Type

    • Oxidizing
    • Bleaching
    • Odor Removal
    • Disinfection
    • Others

    By Application Type

    • Agriculture
    • Chemical
    • Water Treatment
    • Textile
    • Household
    • Others

    By Region

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and the Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and the Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)


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    Key Players

    Some of the key players in the market are-

    • AGC Chemicals
    • AkzoNobel
    • Arkema
    • BASF SE
    • Hawkins, Inc.
    • INEOS
    • Olin Corporation
    • Solvay
    • Sumitomo Chemical Co., Ltd.
    • Sunbelt Chemical Corporations.

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data

    We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success facto

    Report Features

    Market Segmentation


    Regions Covered


    Countries/Sub-Regions Covered


    No. of Figures & Tables


    Company Profiles


    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the function types by application type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The sodium hypochlorite market was estimated at USD 222.18 million in 2021.

    The sodium hypochlorite market is likely to reach USD 322.12 million in 2028.

    The sodium hypochlorite market is expected to witness an impressive growth of 5.4% CAGR in the foreseeable future.

    AGC Chemicals, AkzoNobel, Arkema, BASF SE, Hawkins, Inc., INEOS, Olin Corporation, Solvay, Sumitomo Chemical Co., Ltd., and Sunbelt Chemical Corporations are among the key players in the market.

    Asia-pacific is expected to be the leading market during the forecast period of 2022-28.

    Water treatment is estimated to be the largest application type in the market in the coming five years.

    Some of the factors driving the growth of the market are the increase in consumption of sanitization products and the growing water treatment chemical market.


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