Global Specialty Oxidants Market Trends, Opportunities and Forecasts 2018-2023 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Global
Specialty Oxidants Market – Industry Trends, Opportunities and Forecasts
to 2023" report has been added to ResearchAndMarkets.com's
offering.
The Global Specialty Oxidants Market is projected to witness a compound
annual growth rate of 4.15% over the forecast period 2018 to 2023.
The global specialty oxidants market is anticipated to grow rapidly over
the forecast period owing to their wide array of application across
various verticals such as textiles, paper and pulp, healthcare, and
personal care.
Increasing usage of specialty oxidants such as sodium chlorate and
hydrogen peroxide as bleaching agents and de-inking during recycling of
paper in the paper industry coupled with the recycled paper market
growth is expected to provide impetus to specialty oxidants market
growth.
Specialty oxidants are also used in various industrial procedures for
chemical synthesis, for extraction procedures for vanadium and uranium.
In addition, specialty oxidants are also used as raw materials for the
production of propylene oxide and are widely acceptable in hydrogen
propylene oxide (HPPO) process.
Furthermore, escalating demand for specialty oxidants in the healthcare
& personal care industry applications such as sterilization, toothpaste,
sanitizer, and bleaching is also predicted to positively influence the
market size growth over the forecast period. Additionally, specialty
oxidants are used as a cleaning agent across the electronics industry.
Thus, considering the growth of electronics industry, especially in the
Southeast Asian countries is anticipated to offer lucrative market
growth opportunities for the global specialty oxidants market.
The Asia Pacific region is expected to dominate the global specialty
oxidants market over the next five years due to increased utilization of
specialty oxidant in end-use industries such as pulp & paper, wastewater
& water treatment, and food processing among others.
Segmentation
By Type
- Sodium Chlorate
- Hydrogen Peroxide
- Others
By Application
- Defoliant
- Bleaching
- Propulsion
- Cleaning & Extraction
- Others
By End-User Industry
- Healthcare
- Personal Care
- Wastewater & Water Treatment
- Food Processing
- Pulp & Paper
- Textile
- Others
Companies Mentioned
- Akzo Nobel N.V.
- Evonik Industries AG
- Arkema
- Solvay
- BASF SE
- Clariant
- Mitsubishi
- Kemira
- Lanxess
- Wacker Chemie AG
- Huntsman International LLC
- Ashland
For more information about this report visit https://www.researchandmarkets.com/research/3z6xjn/global_specialty?w=4
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Related
Topics: Electronic
Chemicals, Water
Treatment Chemicals, Oral
Care Chemicals, Chemical
Auxiliary Agents