Press Release

Trichloroisocyanuric Acid Market Size Worth $1 Billion By 2030: IndustryARC

The Global Trichloroisocyanuric Acid Market size is predicted to reach $1 Billion by 2030, growing at a CAGR of 5% during the forecast period 2024-2030. The Trichloroisocyanuric Acid market encompasses the global production, distribution, and sale of Trichloroisocyanuric Acid, a chemical compound used primarily as a disinfectant, sanitizer, and bleach.

TCCA is known for its effectiveness in killing bacteria, fungi, and algae, and is commonly used in water treatment, swimming pools, and various industrial applications. With the growing number of private and public pools, especially in developed and developing regions, the demand for pool sanitizing agents like TCCA is on the rise which is anticipated to propel the growth of the Trichloroisocyanuric Acid Market for the forecast period finds IndustryARC in its recent report, titled “Trichloroisocyanuric Acid Market Size, Share & Trends Analysis Report By Product Form, (Powder, Granular, Tablet), By Application (Swimming Pools and Spas, Disinfection and Sanitation, Water Treatment, Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030.”

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China to Register Highest Growth:

Geographically, in the global Trichloroisocyanuric Acid Market, China is analyzed to grow with the highest CAGR of 7% during the forecast period 2024-2030. China’s industrial sector has been growing and diversifying at an impressive pace.

The increased industrial activities, especially in sectors like textiles, pharmaceuticals, and food processing, require stringent hygiene and water treatment processes, where TCCA plays a crucial role as a disinfectant and sanitizer. China is one of the largest players in aquaculture and agriculture.

TCCA is extensively used in these sectors for water treatment and disinfection purposes, aiding in maintaining the health of aquatic species and crops, and preventing the spread of diseases.

In September 2023, SUEZ and its longstanding partner are working together to build a new water treatment facility that will increase the water supply system’s resilience in Chongqing. With increasing environmental awareness and public health concerns, the Chinese government has implemented stricter regulations on water quality and sanitation.

This regulatory push has led to greater demand for effective water treatment chemicals, including TCCA. China has a strong chemical manufacturing sector with growing capabilities in producing TCCA. The cost-effectiveness of local production, coupled with the ability to export to other markets, further fuels the growth of the TCCA market in China.

Trichloroisocyanuric Acid Market2024-2030: Scope of the Report

Report Metric

Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

5%

Market Size in 2030

$1 Billion

Segments Covered

Product Form, Application and Region

Geographies Covered

North America, West Europe, APAC (Incl. China), Middle East, Africa, and Egypt.

Key Market Players

  1. Occidental Petroleum Corporation
  2. Clearon Corp
  3. Bio-Lab
  4. Trion Chemicals Pvt. Ltd.
  5. Triveni Chemicals
  6. Ocean Chemicals
  7. Heze Huayi Chemical Co., Ltd.
  8. Hebei Xingfei Chemical Co., Ltd.
  9. Hefei TNJ Chemical Industry Co., Ltd.
  10. Ercros S.A.

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Trichloroisocyanuric Acid Market Report – Key Takeaways:

Swimming Pools and Spas Segment to Register the Highest Share

In the Trichloroisocyanuric Acid Market Analysis, the swimming pools and spas segment held the largest market valuation of 67% in 2023. There has been a significant increase in the construction of both private and public swimming pools and spas across the globe.

According to the Pool & Hot Tub Alliance, in November 2023, the United States boasted 10.7 million swimming pools, with a breathtaking 10.4 million residential and 309,000 public pools this surge is driven by rising living standards, increased leisure spending, and a growing emphasis on fitness and recreation.

As more pools and spas are built and maintained, the demand for effective water treatment chemicals like TCCA naturally rises. TCCA is renowned for its strong disinfectant properties, which are essential in maintaining the hygiene and safety of pool and spa waters. It effectively kills bacteria, viruses, and algae, preventing waterborne diseases and ensuring a safe swimming environment.

This efficacy makes TCCA a preferred choice over other alternatives. TCCA is favored for its stability and ease of handling. Unlike liquid chlorine, TCCA in tablet or granular form is easier to store and transport, reducing the risk of spills and accidents. This convenience is particularly appealing for the maintenance of swimming pools and spas.

Granular is the Fastest Growing Segment in the Market

In the Trichloroisocyanuric Acid Market Analysis, the granular segment is estimated to witness significant growth of CAGR 4% during the forecast period 2024-2030. Granular TCCA offers ease of application, which is a crucial factor in its growing popularity.

It can be easily measured and applied to various systems without the need for specialized equipment. This convenience is particularly advantageous in settings where quick and straightforward methods are preferred, such as small-scale water treatment facilities, residential pools, and spas.

The granular form of TCCA dissolves at an optimal rate, ensuring an effective and uniform release of the active ingredient. This property is essential for maintaining consistent disinfection levels, particularly in dynamic environments like swimming pools and industrial water systems, where water composition and conditions can vary.

The granular form of TCCA is versatile and can be used in a range of applications. It is suitable for both shock treatments and regular maintenance in water treatment processes.

Expanding Applications in Disinfection and Sanitization

The Trichloroisocyanuric Acid market is experiencing robust growth, primarily propelled by its expanding applications in disinfection and sanitization. In a world increasingly focused on hygiene and cleanliness, TCCA’s effectiveness in controlling a broad spectrum of pathogens positions it as a key substance in various sectors.

One of the primary factors driving the demand for TCCA is its potent disinfectant properties. It is highly effective against a wide range of bacteria, viruses, and fungi, making it indispensable in environments where sanitation is critical.

This has led to its widespread use in healthcare settings for sterilizing surfaces, medical equipment, and water systems, thereby playing a crucial role in infection control and patient safety. Moreover, the cost-effectiveness and long shelf life of TCCA make it an attractive option for large-scale and long-term disinfection needs. These attributes contribute to its growing popularity and continued market expansion.

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Key Opportunity Analysis:

Emergence of New Application Areas

The Trichloroisocyanuric Acid market is witnessing a significant opportunity with the emergence of new application areas. This expansion beyond traditional uses is driven by TCCA’s effective disinfecting properties and the evolving needs of various sectors. With heightened awareness about hygiene and infection control, especially post-pandemic, the healthcare sector is increasingly exploring effective disinfectants.

TCCA’s strong disinfectant properties make it a suitable candidate for sanitizing surfaces, and even in water systems in healthcare facilities. As hospitals and clinics worldwide continue to uphold stringent hygiene standards, the demand for reliable disinfectants like TCCA is likely to grow.

TCCA is finding increasing use in the aquaculture for water treatment to maintain a healthy environment for aquatic life. In agriculture, it’s used for disinfecting irrigation water and protecting crops from various pathogens. As these sectors continue to grow and adopt more sustainable practices, the demand for effective and safe disinfectants like TCCA is expected to increase.

Expansion in Developing Regions

The expansion of the Trichloroisocyanuric Acid market in developing regions represents a significant opportunity. These regions, characterized by rapid industrialization, population growth, and evolving regulatory landscapes, are becoming increasingly important for the global TCCA market.

Developing countries often face challenges related to water purity and safety. With the increasing pressures of urbanization and industrialization, the demand for effective water treatment solutions is rising. TCCA, known for its efficacy in disinfecting and treating water, is poised to meet this growing demand, especially in applications like drinking water purification, wastewater treatment, and swimming pool maintenance.

Many developing regions rely heavily on agriculture, which requires large quantities of water. TCCA can be used for treating irrigation water and protecting crops from diseases. As these regions adopt more modern agricultural practices to increase yield and efficiency, the use of TCCA in agriculture is expected to grow.

Developing countries are gradually implementing stricter regulations regarding water quality and public health, which can lead to increased demand for reliable and effective disinfectants like TCCA.

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The Report also Covers the Following Areas:

Trichloroisocyanuric Acid Market Size and Forecast

Trichloroisocyanuric Acid Market Trends

Trichloroisocyanuric Acid Market Analysis by Deployment Type

Trichloroisocyanuric Acid Market 2024-2030: Key Highlights

CAGR of the market during the forecast period 2024-2030

Value Chain analysis of key stake holders

Detailed analysis of market drivers and opportunities during the forecast period

Trichloroisocyanuric Acid Market size estimation and forecast

Analysis and predictions on end users’ behavior and upcoming trends

Competitive landscape and Vendor market analysis including offerings, developments, and financials

Comprehensive analysis of challenges and constraints in the Trichloroisocyanuric Acid Market.

Covid and Ukrainian Crisis Impact:

The Covid-19 epidemic has had a significant impact on the world. The Trichloroisocyanuric Acid market faced some fluctuations due to the COVID-19 pandemic.

Initially, disruptions in the supply chain and manufacturing processes led to a slowdown in production and distribution. However, the demand for disinfectants and sanitizers surged during the pandemic, contributing to a temporary uptick in the TCCA market. TCCA is a commonly used compound in water treatment, sanitation, and disinfection applications.

The increased awareness of hygiene and sanitation during the pandemic propelled the demand for TCCA-based products, including disinfectants for various industries such as healthcare, hospitality, and municipal water treatment.

However, the market has experienced fluctuations due to changing regulations, raw material availability, and the global economic slowdown caused by the pandemic’s aftermath. Overall, the long-term impact of COVID-19 on the TCCA market might have included both challenges and opportunities, with the demand likely remaining significant due to ongoing emphasis on hygiene and sanitation.

The Russian invasion of Ukraine in 2023, the conflict between Russia and Ukraine, beginning in early 2022, had significant global economic and geopolitical repercussions, affecting various industries, including the chemical sector. The Trichloroisocyanuric Acid market likely experienced impacts from this conflict.

The conflict contributed to fluctuations in global energy prices, impacting the cost of manufacturing and logistics in the chemical industry, including the production and distribution of TCCA. The uncertainty generated by the conflict can affect investment and expansion plans within the chemical industry.

Companies may have become more cautious in their operations and future planning, potentially slowing down growth or expansion in the TCCA market. Companies sought to mitigate risks by diversifying their supply chains, looking for suppliers outside the conflict zones. This could lead to shifts in the global trade dynamics of TCCA and its raw materials.

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List of Key Market Players in Trichloroisocyanuric Acid Market:

The key companies profiled in the Trichloroisocyanuric Acid Market Report are listed below:

  1. Occidental Petroleum Corporation
  2. Clearon Corp
  3. Bio-Lab
  4. Trion Chemicals Pvt. Ltd.
  5. Triveni Chemicals
  6. Ocean Chemicals
  7. Heze Huayi Chemical Co., Ltd.
  8. Hebei Xingfei Chemical Co., Ltd.
  9. Hefei TNJ Chemical Industry Co., Ltd.
  10. Ercros S.A.

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IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format which assists an intelligent and informed decision-making process.

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