Sodium Hypochlorite Market Analysis, Size, Growth, Share, Trend, Outlook & Forecast to 2027
The global sodium hypochlorite market size is projected to reach USD 302.7 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% from 2020 to 2027. Rising demand for the product from rapidly transforming sanitizers and disinfectants industry as well as water treatment sector is projected to remain the key factor driving the industry. Sodium hypochlorite is one of the most commonly used disinfectants and sanitizers due to its ability to prevent spread of diseases through bacteria, viruses, and other microorganisms. In light of the recent COVID-19 outbreak, countries across the globe reflected high demand for hand sanitizers and other personal hygiene products, coupled with household disinfectant products. This led to hefty demand for the product in the sanitizer and disinfectant sector across all major European, Asian, and North American countries. The product is also globally recognized and clinically utilized for preventing skin against bacterial or viral infection. Typically for this purpose, 0.25% solution of the substance is used on wounds or cuts of the body to protect the skin against fungal or bacterial infection by creating a moisture-barrier layer on the skin. However, doctor’s prescription is recommended as it contains certain inactive ingredients, which may lead to skin irritation. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/sodiumhypochlorite-market