- The key vendors in the global oxidizing bleaching agents market 2015-2019 are AkzoNobel N.V., Arkema Inc., Ashland Inc., BASF SE, Clariant, Evonik Industries, Kemira Oyj and Solvay S.A.
London, 24 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global oxidizing bleaching agents market 2015-2019. Increased preference for TCF & ECF bleaching processes is one of the key trends being observed in this market. More refinements to these processes are in progress, and therefore about 80% of the existing pulp bleach production is done through the TCF and ECF processes. The global oxidizing bleaching agents market 2015-2019 is estimated to grow at a CAGR of 3.89% during the period of 2014-2019.
Continuous expansion in the pulp and paper, textile, and leather industries coupled with the demand from emerging medical and cosmetic applications is leading to the market growth. Moreover, there is higher usage of oxidizing bleaching agents than reducing bleaching agents on account of their wider availability, lower costs, and effective action.
“An increase in the consumption of bleaching agents for cosmetic and medicinal purposes is trending nowadays,” says Faisal Ghaus, Vice President of Technavio Research.
“Hydrogen peroxide, a peroxide-based bleach, is widely used in personal and other healthcare products. Teeth whitening and oxidative hair dyeing are some of the examples of such personal and healthcare products.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
