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

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