Calcium Hypochlorite Market: Growth Overview 2022 Size and Share by Top Players, Demand Scope, Developments and Revenue Challenges Forecast to 2030
Market Synopsis According to the MRFR analysis, The Calcium Hypochlorite Market was esteemed at $4.95 Billion out of 2020 and is projected to reach $5.65 Billion by 2028, developing at a CAGR of 1.67% from 2021 to 2028. Calcium hypochlorite is a white solid inorganic substance with the chemical formula Ca(OCl)2. The reaction of lime (Ca(OH)2) with chlorine gas produces calcium hypochlorite. It is poisonous, unpleasant to the skin, and non-combustible, and has a strong chlorine odor.It is mostly utilized as a bleaching or disinfecting agent, commercial bleaches, cleaning solutions, and disinfectants for drinking water, wastewater, and swimming pools. The demand for calcium hypochlorite is on the rise due to rising demand for freshwater, an increase in fatalities from waterborne disease, and stricter water discharge laws. The active ingredient in bleaching powder, calcium hypochlorite, is commonly used to purify drinking water in water purification plants. It is also frequently used