Sodium Dichloroisocyanurate Market

 Sodium Dichloroisocyanurate Market Size-2023-2028

The Sodium Dichloroisocyanurate Market share value is expected to grow at a CAGR of 7.2% during the forecast period-(2023-2028)

Sodium Dichloroisocyanurate Market Overview:

Sodium Dichloroisocyanurate is a chemical compound that is used as a cleansing and disinfectant agent. It is a colorless, granular powder that is water-soluble, and it is produced as a result of cyanuric acid and chlorine. It is abbreviated as SDIC. It is odorless and available in different forms, such as tablets. It has wide applications in water treatment, such as in swimming pools, spas, and drinking water systems, to eliminate bacteria, viruses, and fungi; because of its anti-bacterial activity, it keeps the water clean and hygienic. Sodium Dichloroisocyanurate is also acts as a bleaching agent and removes stains and discoloration from fabrics and textiles. It is also used in the sterilization of water used in livestock and animal farming. 

Sodium Dichloroisocyanurate Market Drivers:

Increasing awareness of sanitation and hygiene among individuals due to the rise in waterborne diseases has led to an increase in demand for water disinfectant products, such as Sodium Dichloroisocyanurate, which due to its anti-microbial and anti-fungal activity, has fuelled its market demand as uncleaned water contains various bacteria and viruses, such as botulism, cholera, E. coli, and Giardia. These organisms cause severe forms of disease. Thus, accentuating the importance of clean water and fuelling the Sodium Dichloroisocyanurate market demand. With increasing stress, people are investing and spending doing recreational activities such as swimming, which caused an increase in the number of spas, swimming pools, and water parks around the globe. Because of this, the use of disinfectant products like sodium Dichloroisocyanurate has increased. Since Sodium Dichloroisocyanurate acts as a disinfectant and eliminates microbes, controls microbial growth, and makes it clean. Thus, driving the Sodium Dichloroisocyanurate market. Agriculture and livestock sectors are significantly growing due to the high population, and the demand for food and dairy products has increased drastically; therefore, to meet the demand, the government is investing in these sectors by providing facilities such as fodder, grains, and clean water to increase the productivity of crops and sustain the life of cattle so as to produce good quality milk and meat. And this has led to the demand for Sodium dichloroisocyanurate tablets and powder, thereby increasing its market share. 

Growing Demand In The Healthcare Industry:

As healthcare facilities and organizations are increasing, the demand for sodium Dichloroisocyanurate has also increased due to its use in the prevention and control of diseases. And this has led to the expansion and increase in market size of the Sodium Dichloroisocyanurate market.

Sodium Dichloroisocyanurate Market Restraints:

Sodium Dichloroisocyanurate is a chlorine-based compound, and its use in the environment over the limits harms the flora and fauna, causing disruptions and damage to aquatic life. Environmental concerns, rules, and guidelines thus restricted the use of Sodium Dichloroisocyanurate over the permissible limits. And this led to constraints for the Sodium Dichloroisocyanurate market, affecting its market growth and expansion. Sodium Dichloroisocyanurate is a strong sterilizing agent but also has potential side effects such as irritation, difficulty breathing, rashes, and nose and throat irritation, causing wheezing and coughing. And ingestion of this chemical causes toxicity and damages the kidney and liver. When used in pools, and spas, the occurrence of these side effects has led to a decrease in usage and negatively affected the Sodium Dichloroisocyanurate market demand.

Sodium Dichloroisocyanurate Market Opportunities:

The Sodium Dichloroisocyanurate market has been significantly increasing in sectors such as agriculture, livestock, and cattle farming, the textile industry, the paper and pulp industry, and wastewater treatment plants. These industries have created opportunities for the sodium Dichloroisocyanurate market to expand. Also, Sodium Dichloroisocyanurate is more stable and can be stored for a long time; as it is available in tablet and granular form, it is easy to transport and reduces the risk of spillage. These features of sodium Dichloroisocyanurate will create an opportunity in those industries where sodium hypochlorite is used, and sodium Dichloroisocyanurate will be an effective alternative.

COVID-19 Impact on the Sodium Dichloroisocyanurate Market:

An outbreak of COVID-19 has heightened the importance of cleanliness and hygiene among individuals, and with this, the demand for disinfectants products, including Sodium Dichloroisocyanurate demand increased due to its anti-microbial, antifungal and anti-viral activity. Sodium Dichloroisocyanurate, because of this disinfectant property, was used to combat the spread of the virus by using it in water for cleaning floors and objects. This led to a surge in demand and also caused a significant market demand for the Sodium Dichloroisocyanurate market. Whereas, due to restrictions and the implementation of the lockdown, the global supply chain was affected, leading to a shortage of supply and thus resulting in challenges related to the procurement of raw materials, manufacturing, and distribution, thus causing an impact on the market share. Also, due to the closing down of recreational activities, the use of sodium Dichloroisocyanurate was decreased. 

REPORT COVERAGE:

Key Developments in the Market:

On 16 June 2020, Trends Pharma Pvt Ltd., a chemical manufacturing company situated in India, brought a multi-purpose tablet called Sanitab, which is in effervescent form, and it has Sodium Dichloroisocyanurate, whose potent disinfection activity is expected to improve water sanitation and hygiene, the launch of this product was to eliminate the water-borne diseases rising in underdeveloped and rural areas. 

Market Segmentation:

Sodium Dichloroisocyanurate Market By Form:

• Tablet

• Powder

• Granular

The tablet form segment holds the highest market share and CAGR due to their ease of use and convenience, as tablet forms are solid and compact; it can be easily dissolved in water, also During manufacturing, packaging of the tablet form is easy, as compared to powder and granular. Moreover, effervescent tablets such as Sanitab from Trends Pharma are easy to dissolve in both hard and soft water, which further expands their usage in areas whose water quality is different. Sometimes, the granular form and powder form of Sodium Dichloroisocyanurate is used in the agriculture and livestock sector for water sanitation.

Sodium Dichloroisocyanurate Market-By End-Use:

• Water and Wastewater Treatment

• Food

Based on the end-user, water and wastewater treatment accounts for the highest share of the Sodium Dichloroisocyanurate market, because of the growing awareness importance of clean and potable water by the government has led to the demand for sodium Dichloroisocyanurate for supplying disinfectant and drinkable water to the entire population. Since it has anti-microbial properties, it has been used in large quantities in industries to treat wastewater which can be recycled and used for other purposes. The food segment has the fastest-growing market share and CAGR since unhygienic food can act as a vehicle for food-borne diseases, which can lead to serious health complications. 

Sodium Dichloroisocyanurate Market-By Application 

• Cleansing Agent
• Biocide

Biocide is the fastest-growing segment in the Sodium Dichloroisocyanurate market because of its anti-microbial, anti-fungal, and anti-viral activity; it has been used in hospitals, agriculture, and livestock sectors to prevent the spread of diseases.

Sodium Dichloroisocyanurate Market-By Region:

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Based on the region, the Asia Pacific accounted for the highest market share and generated the maximum revenue in the Sodium Dichloroisocyanurate market. This dominance was due to awareness and adoption of sanitization practices by the government to eliminate the risk of water-borne and food-borne diseases, especially in countries like India, which has the highest population and also large cases of water-borne diseases in children and adults. In addition, India is agricultural land, and the use of sodium Dichloroisocyanurate is maximum to protect the crops and cattle from diseases. North America is the fastest-growing segment due to a large number of industries that require waste-water treatment. Also, the importance of sanitation among people also increased the market demand for the Sodium Dichloroisocyanurate market. Europe is forecasted to have significant growth due to high investment and funding in healthcare. Latin America has a steady market, and it has seen to be growing because of rising sanitation plans by the government. Middle East and Africa have low market share, as compared to other regions.

Market Key Players:

• Innova Corporate

• Zeel Products

• Haihang Industry Co., Ltd.

• Henan GP Chemicals Co., Ltd

• Heze Huayi Chemical Co., Ltd.

• Taian Huatian Chemical Co., Ltd.

• Capot Chemical Co., Ltd.,

• iltron Envirotech

• Ouya Chemical

• Jingwei Disinfection Products.