Bleaching Agents Market to hit $91bn by 2025 Bleaching Agents Market

Bleaching Agents Market to grow at 6.5% CAGR
from 2018 to 2025: Global Market Insights Inc.
Bleaching Agent Market to exceed USD 91 billion by 2025; driven by rising water
treatment activities globally. Rising environmental awareness for waste water
treatment in the emerging economies is likely to propel the bleaching agent market
size in the forecast timeframe. Growing industrialization activities in emerging
economies including China, India, Brazil and South Africa have created a major
decline in the level of consumable water and raised the level of groundwater
contamination. Therefore, there is rising aquatic concerns which has propelled water
treatment activities in the region which is likely to boost bleaching agent market size
by 2025.
Key companies in South America have been making substantial investment to
improve the waste water facilities to improve its overall efficiency. For instance, a
total project of worth USD 8.6 million has been initiated to upgrade Grissom Aeroplex
wastewater treatment plant in Peru. It was an out of date facility which was acquired
by Peru Utilities from the U.S. Air Force. The project includes upgrading the plant’s
design and various other architectural amendments. Furthermore, a total of 20 waste
water treatment plant are being upgraded with modern technologies across the U.S.
and South America which will help boost the bleaching agent market size by 2025.
Bleaching Agents Market
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