Sodium Percarbonate Market

Sodium Percarbonate Market Outlook (2022-2032)

The global sodium percarbonate market is estimated to be valued at US$ 595.3 million in 2022 and further expand at a CAGR of 3.1% to reach US$ 807.8 million by the end of 2032.

The growth is attributed to the wide application area to fuel sodium percarbonate sales. Looking at the market consolidation scene, the tier 1 players are expected to enjoy robust revenue streams keeping defensive approach.

Report Attributes	Details
Sodium Percarbonate Market Size (2021A)	US$ 577.4 Million
Estimated Market Value (2022E)	US$ 595.3 Million
Forecasted Market Value (2032F)	US$ 807.8 Million
Global Market Growth Rate (2022-2032)	3.1% CAGR
North America Market Share (2021)	~15.3%
East Asia Market Share (2021)	~31.1%
Key Companies Profiled	AG Chem Group s.r.o Ak-kim Evonik Industries Hongye Chemical Group Co. Ltd. Jiangxi Boholy Chemical Co. Ltd JIANGXI UNIC PEROXIDE CO. Ltd Jilin Shuang ou Chemical Co. Ltd JINKE Company Limited Khimprom PJSC OCI Peroxygens LLC Solvay SA Wuxi Wanma Chemical Co., Ltd

Historic to Future Pathway Analysis

Sodium percarbonate consumption in laundry, textiles, water treatment, and cleaning purposes has increased over the past half decade. Further, rising demand for sodium percarbonate in the pulp & paper industry is poised to uphold market growth at a CAGR of around 3.1% over the forthcoming years.

The growth of sodium percarbonate over the past half-decade has mainly been driven by its increased usage as a bleaching agent for laundry purposes. For instance, around 575 kilotons of the total sodium percarbonate produced globally were consumed by laundry as an end-use in 2020.

• Short-Term Growth Factors: The bleaching industry has shown significant growth in recent years. The demand for bleaching agents remains constant and is expected to portray a CAGR of nearly 4% during the forecast period. This growth is also expected to increase the demand for sodium percarbonate.
• Medium-Term Growth Factors: Asia Pacific is the most rapidly expanding food and beverage market due to burgeoning population, higher and more widely distributed disposable income, and a growing culture of out-of-home consumption. High disposable incomes, rapid urbanization, and a large and growing group of consumers comprised of young professionals and families with young children strongly influence food and beverage sales across.
• Long-Term Growth Factors: Investments in increasing production of coated sodium percarbonate are expected to be highly beneficial for players working in the market. The growing sporadic nature of the demand for bleaching agents is expected to be highly beneficial for coated sodium percarbonate.

Over the 2017-2021 historical period, the global sodium percarbonate market registered a CAGR of 2.5%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 3.1% CAGR between 2022 and 2032.

Market share analysis of sodium percarbonate based on end-use and region is provided in a nutshell in the above image. Under the end-use segment, the laundry sub-segment dominates with a 52.1% market share in 2022.

“Increasing awareness of wastewater treatment and utilization of sodium percarbonate as oxidizing agent”

Wastewater discharge and increasing water pollution and environmental concerns have raised awareness among government organizations for the treatment of wastewater before discharge.

Water treatment agents such as sodium percarbonate are actively utilized as oxidizing agents in wastewater treatment. Increasing risks of water scarcity in the future have generated a need for the treatment and utilization of wastewater.

Wastewater is now considered a reliable resource for alleviating water scarcity levels as well as for further utilization. Hence use of sodium percarbonate in wastewater treatment is expected to rise with the rising initiative of growing economies to treat wastewater.

“Paper and pulp industry remains one of the end-user of sodium percarbonate”

The paper and pulp industry has been thriving owing to the massive consumption of paper which has risen by 400% in the last 40 years, as reported by Green America.

With the introduction of a digital era, paper consumption has been impacted yet its popularity has remained consistent. The growing utilization of paper boards in the packaging industry has further enhanced the demand for paper.

But the higher consumption of paper has generated direct negative impacts on the environment with the massive cut down of trees. To resolve the higher demand for paper recycling, paper has also become an important sector of the paper industry which also holds significant utilization of bleaching agents.

Thus, the paper and pulp industry remains one of the important end users of the bleaching agents which ensues the future demand for sodium percarbonate.

“Detergents & Bleaching agents’ huge Demand from End-Users To Fuel Market’s Growth”

Detergents & Bleaching agents are the most utilized household cleaners worldwide. The rising detergents industry and increasing health awareness regarding wearables will increase the demand for detergents and bleaching agents for household purposes.

They also used as a whitening agent it is utilized in clothes washing and laundry. In the healthcare industry also bleaching agents are utilized as disinfectants because they have bactericidal and fungicidal properties.

Growing economies, middle-class expansion, urbanization, and global disease burden have significantly transformed the residential as well as healthcare infrastructures.

Owing to this, the demand for detergents & bleaching agents is expected to grow in household and healthcare industries, leading to escalating the demand for sodium percarbonate in the forecast period.

“Harmful Impact On Health to Hamper Market’s Growth”

Sodium percarbonate is an eco-friendly product, however, its excessive use has a negative impact on human health. Further, it is also used in algaecide, fungicide, and herbicide, the accumulation of a high amount of sodium percarbonate negatively affects the yield of the soil, and such factors are hampering the market’s escalating growth trajectory.

Country-wise Insights

What is the Market Scenario in the US?

Sodium percarbonate is used more frequently in laundry applications, the U.S. is set to offer a lucrative market for its sales. The U.S. market for sodium percarbonate is poised to have a positive outlook owing to the well-established coin laundry services available across the country.

Why is the China Sodium Percarbonate Market Expected to Be Highly Lucrative?

The consumption of different bleaching agents like acetone peroxide, hydrogen peroxide, sodium percarbonate, chlorine dioxide, and others is growing rapidly in China.

The chemical's high-end use in cleaning, textiles, water treatment, laundry, and others is driving the increasing consumption of these bleaching agents in China.

Category-wise Insights

Why is Textile Industry a Prominent End-User of the Market?

In the field of consumer goods manufacturing, the textile industry is considered the oldest branch which has over time diversified and penetrated fields such as garments, household goods, industrial textiles, and many other end users.

Also with respect to trade intensity, textiles and clothing are considered to be the leading economic activity, representing significant exports of the world.

Bleaching agents are massively utilized in the textile industry during the pretreatment of textiles to remove the natural color, texture, and odor of the parent fiber and obtain white clean fabric.

Thus, the growth of the global textile industry will simultaneously generate a progressive demand for sodium percarbonate in the estimated future.

Will Market Growth Be Led by Uncoated Sodium Percarbonate?

In contrast to coated percarbonate and stabilized percarbonates, uncoated sodium percarbonate is highly in demand for use in a variety of end uses, including laundry, cleaning, water treatment, and textiles, among others.

This is primarily due to the high-performance and low-temperature bleaching properties of Uncoated sodium percarbonate.

Thus, Uncoated sodium percarbonate is gaining more traction and is now widely used as a substitute for sodium perborate in cleaning products, personal care items, detergents, bleaching powders, and others.

Eminent Player’s Key Strategies

Prominent sodium percarbonate manufacturers are AG Chem Group s.r.o, Ak-kim, Evonik Industries, Hongye Chemical Group Co. Ltd., and Jiangxi Boholy Chemical Co. Ltd, among others.

Market players focus on collaboration with other sodium percarbonate players and expansion of production facilities to target demand in the Asia Pacific region is termed as highly lucrative for the manufacturers. History provided a glimpse of acquisitions and the emergence of region-specific players contributing to the overall revenues of the market. The adoption of the digital platform to enhance brand recognition plays a crucial role in increasing the market titan's revenue.

Fact.MR has provided detailed information about the price points of key manufacturers of sodium percarbonate positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Sodium Percarbonate Industry Research

• By Type :

  • Coated 
  • Uncoated 

• By End-Use :

  • Laundry
  • Cleaning (Industrial & Household)
  • Water Treatments
  • Chemicals
  • Textiles
  • Pulp & Paper
  • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA