Sodium Percarbonate Market By Type (Coated, Uncoated); By Application (Laundry & Dishwashing Detergent, Water Treatment, Organic Synthesis, Bleaching Agent); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2022-2032

Sodium Percarbonate Market Overview and Definition

The global sodium percarbonate market is estimated to grow from USD 490.3 million in 2021 to USD 820.5 million in 2032, at a CAGR of 10.3% during the forecast period 2022-2032. Sodium Percarbonate is a white crystalline compound that is commonly used as an oxygen-based bleach and disinfectant. It is produced by reacting sodium carbonate and hydrogen peroxide, and it has a wide range of applications in industries such as detergents, pulp and paper, textiles, and water treatment.

The sodium percarbonate is a white colored salt in powder or granules and is considered an exceptional source of hydrogen peroxide.  It is manufactured by reacting sodium carbonate with hydrogen peroxide and further crystallizing the mixture. Hence, whenever the sodium percarbonate is dissolved into the water, it releases hydrogen peroxide and serve as an oxidizer. It is the oxidizing and bleaching agent normally used in household cleaning products. In addition, it is often used in tooth whitening products and toothpaste, as well as in crop production to prevent moss and algae.

The growth is attributed to the increasing demand for Sodium Percarbonate in various end-use industries, such as the booming textile industry in developing countries and the rising trend towards eco-friendly and sustainable products.

Sodium Percarbonate Market Key Drivers

The Sodium Percarbonate market is driven by various factors, including:

Increasing demand from end-use industries: Sodium Percarbonate is widely used in industries such as detergents, pulp and paper, textiles, and water treatment. The growing demand from these industries is driving the market growth.

Rising trend towards eco-friendly products: Sodium Percarbonate is a sustainable and eco-friendly alternative to traditional bleaches and disinfectants, which are harmful to the environment. The increasing awareness and adoption of eco-friendly products are driving the market growth.

Growing healthcare sector: Sodium Percarbonate is used as a disinfectant in the healthcare sector due to its antimicrobial properties. The growing healthcare sector, especially in emerging economies, is driving the demand for Sodium Percarbonate.

Increasing urbanization: The increasing urbanization has led to a rise in the demand for cleaning products, which in turn is driving the demand for Sodium Percarbonate.

Technological advancements: The development of advanced technologies for the production of Sodium Percarbonate is leading to cost-effective and efficient production, thereby driving the market growth.

A growing number of applications of sodium percarbonate in cleaning products such as dishwashing, laundry, and floor cleaning in the home & personal care industry and healthcare & food industry significantly drive the sodium percarbonate market. In addition to this, the sodium percarbonate is experiencing wide range of applications in baby products as it is effective in removing stubborn stains. Also, textile industry has extensively been using sodium percarbonate to drive pre-treatment of textiles and obtain white clean fabric. This factor is further anticipated to push the market growth in upcoming years as the demand for textiles continuing to increase. Furthermore, sodium percarbonate gets disintegrated into water, oxygen, and sodium carbonate after decomposition. The aforementioned compounds are the environmentally safe. Thus, as compared with other bleaching agents such as chlorine, sodium percarbonate is an ecofriendly bleaching agent. This factor further propels growth of the market.

Moreover, the sodium percarbonate is increasingly being used in the applications such as personal care, skincare, and food industry; however, it may cause skin irritation, eye irritation, respiratory tract irritation, and restraining growth the market to some extent during forecast period. On the other hand, rise in use of sodium percarbonate as a disinfectant due to its several antimicrobial properties creates lucrative growth opportunities for the market.

Furthermore, COVID-19 pandemic disrupting the global economy since its advent. Therefore, sodium percarbonate market too is anticipated to be affected due to imposition of regulations and lower trade volumes. In addition, the number of manufacturing units of the sodium percarbonate were closed down during the pandemic resulting in a steep downfall in revenues, leading to the slight decline in the market growth in the year 2020.

Throughout the forecast period, uncoated type will continue to hold a dominant share of the global market, on the basis of type. However, the coated segment is anticipated to witness highest growth rate during the forecast period. This is due to the need for long-term storage in manifold of end-use industries. In addition to this, textile and laundry industries are expected to witness huge demand for coated sodium percarbonate during the forecast period.

According to the application, the laundry & dishwashing detergent segment is expected to hold a dominant global market share. This is attributed to the rising popularity of bleach or detergent compositions formulated with sodium percarbonate, as they have a strong stain removal capability. In addition, it is effective as a laundry pre-soak for heavily stained detergents. However, the water treatment segment is projected to grow at highest growth rate, which in turn propels the sodium percarbonate market in the upcoming years. 

Sodium Percarbonate Market Challenges

Despite the various drivers of the Sodium Percarbonate market, there are some challenges faced by the industry, including:

High competition: The Sodium Percarbonate market is highly competitive, with a large number of players operating in the market. This leads to pricing pressure and reduces profit margins for manufacturers.

Fluctuations in raw material prices: The production of Sodium Percarbonate requires raw materials such as sodium carbonate and hydrogen peroxide. The fluctuation in the prices of these raw materials can affect the production cost and profitability of manufacturers.

Stringent regulations: The production and use of Sodium Percarbonate are subject to various regulations and standards, including those related to the environment, health, and safety. Compliance with these regulations can increase the cost of production and limit market growth.

Availability of substitutes: Sodium Percarbonate has several substitutes, such as sodium hypochlorite, which can be used for similar applications. The availability of substitutes can limit the demand for Sodium Percarbonate.

Health and safety concerns: Sodium Percarbonate can cause skin and eye irritation, and it can be harmful if ingested. These health and safety concerns can limit the use of Sodium Percarbonate in some applications and affect market growth.

Sodium Percarbonate Market Segmentation

By Type

• Coated
• Uncoated

By Application:

• Laundry & Dishwashing Detergent
• Water Treatment
• Organic Synthesis
• Bleaching Agent
• Others (Pesticide, Disinfectant, and Others)

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Sodium Percarbonate Market Regional Synopsis

Europe region has dominated the global sodium percarbonate market in 2019, followed by North America and is likely to be the most profitable region throughout forecast period. This is mainly due to growing personal care and home industry in the region. For instance, as per the study by International Association for Soaps, Detergents, and Maintenance Products (A.I.S.E.), the Activity & Sustainability Report 2018-19 in 2019, in Europe, professional cleaning & hygiene and household care sector was valued at about $40.84 billion in 2018, it was increased from $39.95 billion in 2017.

In addition, the water treatment application is anticipated to drive strong growth in North America and Europe. Also, the strict regulations about water treatment in Europe and the growing concerns such as led-infested water reservoirs across North America are anticipated to propel the market's growth during forecast period considerably.

Further, Asia-Pacific region is expected to witness highest growth rate during the forecast period. This is due to surge in demand for cleaning products. Growth in this region is mainly driven by growing applications of sodium percarbonate in the countries such as China, India, and other ASEAN countries.

Sodium Percarbonate Market Recent Developments

The Sodium Percarbonate market has witnessed several recent developments, including:

Rising demand for eco-friendly cleaning products: With the increasing focus on sustainability and eco-friendliness, there has been a rise in the demand for Sodium Percarbonate-based cleaning products. Manufacturers are introducing new and innovative products to cater to this demand.

Technological advancements: There have been several technological advancements in the production of Sodium Percarbonate, such as the development of new and more efficient production methods. This has led to increased production capacity and reduced production costs.

Strategic partnerships and collaborations: To expand their market presence and reach, companies are entering into strategic partnerships and collaborations. For instance, in 2020, Solvay and SIBUR announced a joint venture to produce hydrogen peroxide and Sodium Percarbonate in Russia.

Product launches and acquisitions: Companies are launching new products and acquiring smaller players to expand their product portfolio and market presence. For example, in 2021, WeylChem announced the acquisition of the Sodium Percarbonate business of AkzoNobel, a leading player in the market.

Growing demand from emerging economies: With the growing demand for Sodium Percarbonate in emerging economies, manufacturers are expanding their production and distribution networks in these regions. For instance, in 2020, Solvay announced the expansion of its Sodium Percarbonate plant in Asia to cater to the growing demand in the region.

Sodium Percarbonate Market Key Players

• Evonik Industries AGJiangxi Boholy Chemicals Co., Ltd.
• OCI Peroxygens LLC
• Wuxi wanma Chemical Co., Ltd.
• Kemira Khimprom
• HOGYE HOLDING GROUP CORPORATION LIMITED
• JINKE Company Limited
• Hodogaya Chemical Co., Ltd
• Solvay AG