Key Strategies Adopted By the Players in the Bleaching Agents Market

Posted on 2021-05-17 by MarketsandMarkets in Food & Beverage // 0 Comments

The bleaching agents market was valued at USD 692.6 Million in 2017 and is projected to grow at a CAGR of 5.5% from 2018, to reach USD 953.8 Million by 2023. The base year considered for the study is 2017, while the forecast period spans from 2018 to 2023.

The key players profiled in the bleaching agents market, which have a strong global presence, include BASF (US), Aditya Birla Chemicals (Grasim) (India), Evonik (Germany), Hawkins (US), Siemer Milling Company (US), Gujarat Alkalies and Chemicals (India), PeroxyChem (US), Solvay (Belgium), Supraveni Chemicals (India), Spectrum Chemicals (India), Engrain (US), and AkzoNobel (Netherlands).

Download PDF Brochure

The key market players adopted various growth strategies such as new product launches, expansions & investments, agreements, divestments & joint ventures, and mergers & acquisitions to cater to the increasing demand for bleaching agents. Companies have been expanding their operations in various regions across the globe to establish themselves as the leading players in the bleaching agents market.

The key players are focusing on strategic expansions in the bleaching agents market. For instance, in October 2016, Evonik expanded its hydrogen peroxide production capacity in Europe, along with investing in logistics, which enhanced the expansion of its business with smaller packaging sizes in Europe.

Solvay is one of the leading chemical producing companies and offers a wide range of products in diversified markets, globally. The company is a market leader in hydrogen peroxide. It offers products such as hydrogen peroxide, antioxidants & stabilizers, amines, calcium & magnesium derivatives, chlorine & derivatives, fluorine derivatives, peroxygen, phenols & derivatives, phosphorus derivatives, polymers, solvents sodium derivatives, silicium derivatives, and specialty chemicals.

Make an Inquiry

Evonik is one of the leading producers of high-quality hydrogen peroxide and services; it offers a wide range of innovative products to its customers, globally. It offers a wide range of peroxygen-based products and solutions such as hydrogen peroxide, peracetic acid, and HPPO (hydrogen peroxide to propylene oxide) plant technology to various industries.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Matched content

Editor’s pick