Chemanalyst05 Jul, 2023Business
According to ChemAnalyst report, ?Sodium Hypochlorite Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030?, Sodium Hypochlorite market has witnessed considerable growth as it reached 12.50 million tonnes in 2020 and is anticipated to achieve a healthy global CAGR of 5.15% in the forecast period until 2030. Due to rapid urbanization and industrialization, the demand of liquid bleach is rapidly increasing for the production of wastewater and is expected to boost the market across the globe in the span of the next ten years. Furthermore, growing demand from end-use industries including paper and pulp, and textiles which largely utilizes Sodium Hypochlorite for bleaching purposes is likely to drive the global market of Sodium Hypochlorite in upcoming years.
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