October 15, 2019 by Amanpreet
According to Fact.MR study, the global sodium percarbonate market is expected to remain a consolidated landscape owing to the presence of a limited number of players. Global giants, such as Evonik Industries, Solvay SA, OCI Peroxygens LLC, and Hongye Chemical collectively account for ~2/5th of the global sodium percarbonate production. Leading players are expanding their business by establishing manufacturing bases in developing countries, such as China and India, looking at their market attractiveness. Growing focus of players on developing countries as lucrative markets for increasing sodium percarbonate inclusion in every wash load is likely to shape the market in forthcoming years.
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The market for powdered percarbonate is witnessing a slight dip in some of the western countries that have particularly adopted liquid formulations, as a result of which several players have limited their sodium percarbonate production in such regions. For instance, European laundry market’s transition to liquid products prompted Solvay to shut the 50,000 tons pa capacity plant in Warrington, UK. Amid such a turmoil in sodium percarbonate market, leading players are building and reinforcing partnerships with global innovators, focusing on a broader penetration in developing countries, and exploring technology for improved cleaning solutions.
With the West showing an increased appetite for liquid laundry products, players in sodium percarbonate market have also renewed their focus on technology to develop stable sodium percarbonate formulations for use in liquid laundry products. With a stable sodium percarbonate technology, partakers are eyeing to revive the adoption of sodium percarbonate for cleaning and laundry applications in Europe and North America.
Several companies have increased their focus on safety, storage, and handling aspects of sodium percarbonate to appeal a larger audience. For instance, OCI is leveraging advanced technologies to minimize the risk of undesired decomposition and to delay the natural decomposition of sodium percarbonate products.
Key Factors Determining Growth of the Sodium Percarbonate Market
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Sodium Percarbonate Market - Key Restraining Factors
Sodium Percarbonate Market – Additional Insight
Potential Applicability of Sodium Percarbonate as Bleaching Agent in Pulp & Paper Industry
Growing need of viable oxidative repulping aids for wet-strengthened paper grades is contributing significantly to the adoption of sodium percarbonate as an eco-friendly and effective repulping aid that comply with existing regulations. Due to the hazardous nature of traditional hypochlorite and its contribution to adsorbable organic halides (AOX), the industry is witnessing an increased development and adoption of alternatives.
Kemira, which has been among the leading players in sodium percarbonate market, is pioneering the development of eco-friendly substitutes for hypochlorite, which are not associated with the release of any harmful residuals. The company’s products in this category are claimed to accelerate dissolution process and facilitate alleviation of the repulping time. Kemira recently announced the closure of its only sodium percarbonate production line, based in Sweden. The company had already debottlenecked one of the key bleaching chemical plants (based in Finland), and is now directing more of its hydrogen peroxide capacity to its customers in the pulp segment.
Sodium Percarbonate Market – Research Methodology A realistic methodology and holistic approach lay the foundation of valuable insights covered in the sodium percarbonate market. The Fact.MR report offers in-depth information about the growth prospects of sodium percarbonate market along with incisive insights into the forecast analysis of the market.
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Extensive primary and secondary research has been done to accumulate valuable insights into the forecast analysis of sodium percarbonate market. The report on sodium percarbonate market has undergone cross-validation to certain the delivery of concise information to the market enthusiasts.
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