May 19, 2022
As per the research report titled ‘North America Chlorine Dioxide Market Forecast 2027 By Application, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, North America chlorine dioxide industry in estimated to amass USD 410 million by the year 2027.
Booming population in the region, rising cases of water borne diseases like cholera, amoebiasis, bacillary dysentery, and others, in consort with increasing demand for clean & safe drinking water are propelling the growth of North America chlorine dioxide market.
Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4966035/
For the record, chlorine dioxide is extensive used as disinfectant and oxidiser for treating the drinking water. Owing to its long-term activity, it averts the formation of biofilms on waterbodies and protects it from harmful pathogens.
Based on application type, the market is segmented into food & beverages (fruits & vegetable disinfection, meat disinfection, canning, brewing & bottling disinfection, others), pulp & paper processing, medical, oil & gas (fracking, others), industrial water treatment, eye care, oral care, aerospace (airline water systems, toilet disinfection), and others.
The food & beverage segment accumulated a revenue of about USD 40 million in the year 2020 and is poised to grow substantially over the forecast period. It is due to the extensive utilization of chlorine dioxide to disinfect fruits, vegetables, and other food products as well as in canning, brewing, and bottling factories to safeguard the final product.
On top of that, meat disinfection application is anticipated to accrue USD 10 million by 2027, owing to the striking rise in the meat-eating population in the region. Chlorine dioxide has exception antimicrobial and antibacterial properties enabling effective disinfection of seafood, meat carcasses, and chicken.
Meanwhile, North America chlorine dioxide industry share from industrial water treatment application is set to reach USD 110 million by 2027, due to the large-scale utilization of the product for treating wastewater before unloading it into fresh waterbodies.
Moving on to regional spectrum, the U.S. market is expected to be worth USD 200 million by 2027. It is all possible due to the strict regulations & penalties enforced by the government to punish companies and factories polluting the water bodies, alongside initiatives to offer tax benefits & financial backing to organizations discovering innovative solutions to wastewater treatment & disposal.
Speaking of the competitive landscape, Sabre Companies LLC, Scotmas Group, ProMinent Group, Ecolab Inc., Accepta Ltd., Evoqua Water Technologies, and Grundfos are eminently influencing North America chlorine dioxide market trends.