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Research report explores the hypochlorous acid market growing at a 1.45% CAGR by 2022

Materials & Chemicals Research

Hypochlorous Acid market report considers the revenue generated from the growing application of sodium hypochlorite. Hypochlorous Acid market report states that one challenge affecting this market is the toxic effects of hypochlorous acid.

Commenting on the Hypochlorous Acid market report, an analyst said, One trend affecting this market is the recovery of oil and gas industry. Market of Hypochlorous acid is used in the oil and gas industry for hydraulic fracturing water.

It is used as a biocide to eliminate bacteria in crude oil. The non-elimination of bacteria may lead to contamination and corrosion of the underground formation and equipment.

Hypochlorous acid is preferred due to its non-hazardous nature, cost-effectiveness, effectiveness as a biocide, and environment-friendly nature. These features make it suitable for use in environmentally sensitive locations and applications

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According to the Hypochlorous Acid market report, one driver influencing this market is the growing demand for water treatment. Hypochlorous acid is used for wastewater treatment.

It is used as an oxidizing and a disinfectant agent. It is preferred in the water treatment industry due to the convenience of storage, transport, and use; cost-effectiveness; and non-toxicity to humans and animals.

In addition, it is an effective microbicide, especially against waterborne pathogens. Due to these factors, there is a high demand for hypochlorous acid from the water treatment industry, which is catering to the growth of the market.

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The following companies as the key players in the global hypochlorous acid market: Akzo Nobel, ARKEMA, BASF, INEOS, Occidental Petroleum, and Olin. The analysts forecast Global Hypochlorous Acid Market to grow at a CAGR of 1.45% during the period 2018-2022.

Hypochlorous acid is a weak acid that is typically formed when chlorine dissolves in water. It is referred to as chloric acid, chloranol, hydrogen hypochlorite, and chlorine hydroxide.

The chemical formula of hypochlorous acid is HOCl. It is a more powerful oxidizer than chlorine and an effective sanitizing agent.

Market driver
- Growing demand for water treatment
- For a full, detailed list, view our report

Market challenge
- Toxic effects of hypochlorous acid
- For a full, detailed list, view our report

Market trend
- Recovery of oil and gas industry
- For a full, detailed list, view our report

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