News
Stay Ahead with the Latest Industry Trends & Market Insights with Industry News 📰

The Latin American calcium hypochlorite market to reach CAGR of 3.69%

Syndicated report on "Latin America Calcium hypochlorite market – Size, Share and Forecast (2020-2027)" has been added to DataM Intelligence’s product offering.

2021-03-09

Calcium hypochlorite is an inorganic chemical that is used as disinfectant, oxidizer, and sanitizer in a broad spectrum of applications. The growing need for treated water owing to declining freshwater sources and the outbreak of several water-borne diseases led to significant demand for chemical disinfectants such as calcium hypochlorite. It is commercially available as white solid in the form of granules, powder, and pellet, thus making it an effective alternative for chlorine gas in wastewater treatment facilities. Chlorination through the blow of chlorine gas causes respiratory disorders in facility operators and is prone to explosions. Calcium hypochlorite evolved as the major disinfectant for use in pool sanitization owing to its high chlorine content over other hypochlorites. It is added either in tablet or granular form to the pool water to kill several thriving microorganisms that cause diseases such as swimmer’s ear, diarrhea, skin infections and respiratory disorders. The Latin America Calcium hypochlorite market volume was recorded at xxKT in 2018 and is estimated to reach 53.09 by 2027, with a CAGR of 3.59% during the forecast period (2020-2027). Brazil is the largest market for calcium hypochlorite in Latin America region with a share of 40.15% in terms of sales value in 2017. The large-scale demand for calcium hypochlorite as disinfectant in drinking water treatment plants, and swimming pool treatment resulted in large market.The commissioning of new regulations on use of calcium hypochlorite as bleaching agent in Brazil is likely to support the growth of the market over the forecast period. Brazil is estimated to hold its dominance on the market over the forecast period with a CAGR of 3.70%. Swimming pools, drinking water disinfection, and wastewater treatment are the major application areas of calcium  hypochlorite. The superior available chlorine content typically in the range of 60% to 70% is motivating the utilization of calcium hypochlorite in Latin America region. The demand for calcium hypochlorite has been witnessing growth in countries such as Mexico, Argentina, Brazil owing to the rising awareness towards safe water and sanitation. The rise of urban population and decline of fresh water sources is increasing the need for effective water management. Furthermore, the severe drinking water and sanitation scarcity in Brazil is forcing the government and National Water Agency to promote the practice of waste water treatment and recycled water disinfection. These factors are driving the growth of the calcium hypochlorite market in Latin America region.

Market Dynamics

Drivers

  • The growing demand for disinfectants in water treatment applications in Brazil and Mexico
  • The superior stability and high available chlorine over other hypochlorite

Restraints

  • The corrosive and hygroscopic properties of calcium hypochlorite

The growing demand for disinfectants in water treatment applications in Brazil and Mexico

Latin American countries such as Brazil and Mexico are considered as highly water dependent owing to the drinking, irrigation, and hydroelectricity generation activities. The large scale consumption of water for agricultural and agro-industrial practices increased the need for water resource management for drinking purposes. According to the National Water Agency (ANA), irrigation consumed over 70% of total water supply in Brazil in 2017. This has led to the increase in drinking water treatment plants and small drinking water systems, thus driving the growth of the calcium hypochlorite market. Calcium hypochlorite is also used extensively across wastewater treatment processes from surface raw water, booster stations, reservoirs and remote well sites. According to the statistics of Inter-American Development Bank (IADB), the total number of WasteWater Treatment Plants (WWTPs) in urban regions reached 2,785 in the country by 2016. Several industries including food and beverages, steel, and pulp and paper, are providing significant opportunities for growth of the calcium hypochlorite market in the Latin America region. Calcium hypochlorite offers several potential benefits related to addition and storage over chlorine gas and liquid bleaches. These advantages are supporting the growth of the market.

Country Analysis

Mexico

The Mexico market for Calcium Hypochlorite was valued at USD xx million in 2019 and the market is estimated to grow at a CAGR of xx% during the forecast period to reach a market value of USD xx million by 2027. The escalating use of water for industrial processes has spurred the need for water and wastewater treatment, boosting the demand for calcium hypochlorite in Mexico. Growing awareness on water legislations will continue to drive the market in Mexico, although major improvements in infrastructure are still required. Environmental organizations' opposition to the use of chemicals and the discharge of toxic chemicals directly into sewers further hampers the uptake of treatment chemicals. The trend of substituting conventional treatments for other technologies such as membranes, ultra filtration and ultraviolet rays will also affect chemical suppliers' revenues. Nevertheless, the high costs of these non-chemical industrial water and wastewater treatment processes will ensure that chemical treatment remains the process of choice. Mexico's mining industry is an important revenue generator, contributing 8.3 percent to the industrial GDP and 2.5 percent to the national GDP. According to the Mexican Mining Chamber (CAMIMEX), Mexico was the world's largest producer of silver, ninth-largest producer of gold, and seventh-largest producer of copper in 2017. It is anticipated that 70 percent of Mexico’s territory contains outstanding geological potential for mining, and this potential for mining drives demand for water treatment chemicals. The automobile industry in the country will experience growth with the signing of USMCA trade agreement in 2018. Owing to this agreement Mexico trade relation with the U.S stabilizes based on the 16 year treaty. Hence in this positive business environment the strong foreign investments have been witnessed in 2018 followed by growth in the production output . The Mexican Industry produced 3.9 million vehicles in 2018 and registered an increase of 6% in vehicle exports, making it the 4th largest vehicle exporter. Therefore moving ahead further foreign investments are anticipated into the Mexican automobile industry, thereby expansion of existing facilities and new facilities to expand in the country. These developments will likely urge effective use of existing water resources for growing industrialization in the country and hence water treatment chemicals like calcium hypochlorite will likely to gain demand in the coming days.

About Us:

DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year, we have secured more than 100 unique customers from established organizations all over the world.

For more information:

Sai Kiran

Sales Manager at DataM Intelligence

Email: info@datamintelligence.com

Tel: +1 877 441 4866

Website: www.datamintelligence.com

Found it interesting?

Sai Kiran
Sales Manager at DataM Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866

We have 5000+ marketing reports and serve across 130+ countries

WhatsApp