Sodium Perborate Market – Trends, and Opportunity Analysis upto 2027
Sodium perborate (NaH2BO4) is an anhydrous solid material, which is white in color, soluble in water and, is odorless. On the basis of number of water molecules present, it is crystallized in three different forms including tetrahydrate, trihydrate, and monohydrate. It is produced from the chemical reaction of organic materials such as hydrogen peroxide, sodium hydroxide, and disodium tetraborate pentahydrate. Sodium perborate has low toxicity and an extended period of shelf life and is majorly used for bleaching in the detergent industry. Moreover, it is used as laundry detergent, cleaning products, and bleaches in industrial laundry. Furthermore, it finds applications as a reagent in organic production of hydrogen peroxide, which is difficult to find commercially and poses significant explosion hazards. It also has antiseptic properties and hence finds applications disinfectants and eye drops.
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Market Regional Analysis
Developed countries from regions Europe and North America are expected to hold significant market share in the global sodium perborate market during the forecast period. Increasing demand for detergents in the North America region is expected to increase the demand for sodium perborate and support the market growth. Furthermore, regions such as the Middle East and Asia Pacific are expected to witness significant market growth owing to rising markets of bleaches and detergents. However, due to its poor performance under 600C temperature, demand for sodium perborate is expected to hinder in emerging economies such as China and subsequently hamper growth of the market.
Market Players
Major players operating in global sodium perborate market include Triveni Chemicals (India), Noida Chemicals (India), Shanghai Pengkai Chemical Co., Ltd. (China), Solvay S.A. (Belgium), and Hongye Holding Group Co., Ltd. (China).
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