The global chlorinated isocyanurates market is projected to grow from US$ 4.5 billion in 2022 to US$ 7.5 billion by 2032. The market, which had a 2021 valuation of US$ 4.2 billion, is anticipated to expand at a moderate CAGR of 5.3% from 2022 to 2032. The market for chlorinated isocyanurates will expand during the projected period due to an increase in renovation projects and developments in residential and commercial buildings.
Chlorine derivatives of isocynauric acid are referred to as chlorinated isocyanurates and are used for disinfecting, sanitizing, and bleaching purposes. The chemical also finds application as fungicides, fungistats, bactericides, and microbistats. Chlorinated isocyanurate’s cost-effectiveness and superior water solubility are aspects that promote their application across various industrial verticals. Further, widespread application as disinfectants in swimming pools and as domestic septic tank disinfectants augments the sales of chlorinated isocyanurates in the global market.
The advancing disinfectants industry spearheads the growth of the chlorinated isocyanurates market during this period of observation. The popularity of swimming and the expanding sports industry also strengthens prospects for chlorinated isocyanurates as a disinfectant. The growing use of Dichlorolsocyanurate for disinfecting surfaces used for poultry and silkworm rearing also drives the growth of the chlorinated isocyanurates market in the upcoming years.
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The use of disinfectants in industrial water chilling units so as to purify the water before industrial use fosters an environment of growth for the chlorinated isocyanurates market. The target product is further used as a preliminary purification method in the semiconductor industry which employs double distilled water. All of these considerations stimulate the growth of the chlorinated isocyanurates market during the forecast period.
Key Takeaways:
- Rising threat of cancer and reproductive effects on animals and the risk of colorectal cancer in humans are certain factors that hinder the growth of the chlorinated isocyanurates market.
- Asia Pacific will emerge as a lucrative pocket for the market due to significant export activities by China and the increasing use of the product to sanitize domestic septic tanks in Japan.
- The chlorinated isocyanurates market in Europe will be driven by the use of the product as a disinfectant by many drinking water companies.
- The US chlorinated isocyanurates market will benefit from the use of the same in the production of pesticides and other chemicals.
Competitive Landscape
Prominent players in the chlorinated isocyanurates market
- 3V Italia
- China Salt Changzhou Chemical Co Ltd
- HebeiJiheng Chemical Co Ltd
- HezeHuayi Chemical Co Ltd
- Liaocheng London Chemical Co Ltd
- Nissan Chemical
- Nippon Soda
- Nankai
- Nanning Chemical Industry Co Ltd
- PuyangCleanway Chemical Ltd.
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Key Segments Profiled in the Chlorinated Isocyanurates Industry Survey
Type:
- Trichloroisocyanuric Acid (TCCA)
- Sodium DichloroIsocyanurate (SDCC)
Application:
- Bleaching Agents
- Disinfectants
- Fungicides
- Bactericides
Region:
- North America
- Latin America
- Europe
- Asia-Pacific
- Middle East and Africa
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