Sodium Percarbonate Market Size Worth $817.98 Million By 2032 | CAGR: 3.30%

Sodium Percarbonate Market Size Worth $817.98 Million By 2032 | CAGR: 3.30%


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

  • Uncoated segment is expected to grow at fastest growth rate over the coming years, on account of growing product usage as a disinfectant and also as an effective source of oxygen
  • Detergent agent segment accounted for major global market share in 2022, which is mainly driven by significant advancements in the manufacturing technology that results in increased effectiveness of product
  • Household cleaning segment held the significant share in terms of revenue in 2022, mainly due to growing awareness among people regarding the beneficial properties like low cost and high safety
  • Asia Pacific region dominated the global market with substantial market share in 2022, owing to presence of various favorable regulations and increased usage across several laundry applications
  • The global key market players include Wanma Chemical, Meryer Chemical Technology, Evonik Industries, Hongye Chemical, Jinke Company, Yongtai Chemical, and Solvay

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)

  • Coated
  • Uncoated
  • Tablet

Sodium Percarbonate, Application Outlook (Revenue - USD Million, 2017- 2032)

  • Detergent Agent
  • Cleaning Agent
  • Bleaching Agent
  • Treatment
  • Others

Sodium Percarbonate, End-Use Outlook (Revenue - USD Million, 2017- 2032)

  • Papermaking
  • Household Cleaning
  • Industrial Cleaning
  • Textile
  • Chemical
  • Food
  • Laundry
  • Others

Sodium Percarbonate, Regional Outlook (Revenue - USD Million, 2017- 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Sodium Percarbonate Market Report Scope

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.

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  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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