Market Forecast By Application (Disinfection & Cleaning, Bleaching, Oxidizing, Others) And Competitive Landscape
Product Code: ETC207283 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Sri Lanka Sodium Hypochlorite Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 4.73% in 2027, following an initial rate of 3.49%, before easing to 2.52% at the end of the period.
By 2027, Sri Lanka's Sodium Hypochlorite market is forecasted to achieve a stable growth rate of 4.73%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
Sri Lanka Sodium Hypochlorite Market report thoroughly covers the market by Application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Sri Lanka Sodium Hypochlorite Market has registered significant growth in recent years. The market has witnessed a surge in demand due to various applications in the healthcare and paper industries. The major end-users of sodium hypochlorite in Sri Lanka are the water treatment and sanitation facilities. The growing concern for waterborne diseases has led to the expansion of water treatment plants across the country. In Sri Lanka, sodium hypochlorite is produced by both local and multinational companies.
According to 6Wresearch, the Sri Lanka Sodium Hypochlorite Market size is expected to grow at a CAGR of 4.9% during the forecast period of 2025-2031. The key drivers of the market include population growth, urbanization, growing awareness of water hygiene, and the rising demand in various industries. This rise in population has led to a surge in demand for clean water, which requires sodium hypochlorite for treatment and disinfection. Moreover, economic development and urbanization have contributed to the growth of the manufacturing and construction sectors, which require sodium hypochlorite for cleaning and sanitation purposes.
Apart from this, one of the prominent trends in the market is the growing demand for sodium hypochlorite-based disinfectants, especially in the wake of the COVID-19 pandemic. Other trends include the rising demand for sodium hypochlorite in the food and beverage industry, as well as the growing popularity of on-site sodium hypochlorite generators for water treatment. However, one of the primary challenges faced by the industry is the rising competition from alternative disinfectant products such as hydrogen peroxide, chlorine dioxide, and ozone. Another challenge is the fluctuation in prices of raw materials used in the production of sodium hypochlorite. Nonetheless, the growing demand for sodium hypochlorite-based disinfectants in healthcare settings and public places offers new business prospects for market players.
The government of Sri Lanka has taken substantial steps to boost the Sri Lanka Sodium Hypochlorite Market Growth. The government has encouraged small-scale manufacturers to enter the market by providing tax exemptions and subsidies. Additionally, the government has focused on growing the availability of raw materials to manufacturers which has helped in the growth and expansion of the market. The government has introduced various schemes in the sodium hypochlorite market that have contributed to its growth. Some of these schemes include the provision of credit finance for manufacturers to modernize obsolete machinery and improve their processes and quality control standards. Moreover, the government has launched awareness campaigns that aim to increase the usage of sodium hypochlorite in households and industries.
The Sri Lanka Sodium Hypochlorite Industry has several prominent players who have been contributing in market growth. For instance, the Clean&Tidy Corporation (Pvt) Ltd offers various sodium hypochlorite products that are used in household and industrial settings. Another prominent player is Chemical Industries (Colombo) Ltd which offers various types of sodium hypochlorite products and chemicals used in agriculture and industry.
According to Nikhil, Senior Research Analyst, 6Wresearch, the disinfectant and cleaning industry are expected to lead the Sri Lanka Sodium Hypochlorite Market Share over the years, followed by the bleaching and oxidizing industries. The rising demand for clean water and the growth of the textile industry are anticipated to continue fueling the growth of the market.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Sodium Hypochlorite Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Sodium Hypochlorite Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Sodium Hypochlorite Market - Industry Life Cycle |
3.4 Sri Lanka Sodium Hypochlorite Market - Porter's Five Forces |
3.5 Sri Lanka Sodium Hypochlorite Market Revenues & Volume Share, By Application, 2024 & 2031F |
4 Sri Lanka Sodium Hypochlorite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Sodium Hypochlorite Market Trends |
6 Sri Lanka Sodium Hypochlorite Market, By Types |
6.1 Sri Lanka Sodium Hypochlorite Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Sodium Hypochlorite Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Sri Lanka Sodium Hypochlorite Market Revenues & Volume, By Disinfection & Cleaning, 2021 - 2031F |
6.1.4 Sri Lanka Sodium Hypochlorite Market Revenues & Volume, By Bleaching, 2021 - 2031F |
6.1.5 Sri Lanka Sodium Hypochlorite Market Revenues & Volume, By Oxidizing, 2021 - 2031F |
6.1.6 Sri Lanka Sodium Hypochlorite Market Revenues & Volume, By Others, 2021 - 2031F |
7 Sri Lanka Sodium Hypochlorite Market Import-Export Trade Statistics |
7.1 Sri Lanka Sodium Hypochlorite Market Export to Major Countries |
7.2 Sri Lanka Sodium Hypochlorite Market Imports from Major Countries |
8 Sri Lanka Sodium Hypochlorite Market Key Performance Indicators |
9 Sri Lanka Sodium Hypochlorite Market - Opportunity Assessment |
9.1 Sri Lanka Sodium Hypochlorite Market Opportunity Assessment, By Application, 2024 & 2031F |
10 Sri Lanka Sodium Hypochlorite Market - Competitive Landscape |
10.1 Sri Lanka Sodium Hypochlorite Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Sodium Hypochlorite Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |