Trichloroisocyanuric Acid Market Size was valued at USD 1.1 Billion in 2022. The Trichloroisocyanuric Acid industry is projected to grow from USD 1.13 Billion in 2023 to USD 1.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.50% during the forecast period (2024 - 2032). Increasing demand for water treatment solutions and the growth of the swimming pool industry are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
TCCA is used for seed and soil disinfection, as well as plant pest and disease management. The rising desire for organic farming drives the market CAGR for trichloroisocyanuric acid in agriculture. Trichloroisocyanuric acid can be used to disinfect seeds and prevent soil-borne illnesses and pests. This is crucial because organic farming lets farmers use natural disinfection instead of synthetic chemicals. TCCA can be used to disinfect soil and prevent the spread of illnesses and pests. This can help to boost crop yields and lower crop losses. TCCA can be used to treat a wide range of pests and disc plants, including mildew, rot, and wilt. This can help to boost crop yields and lower crop losses. TCCA can be used to disinfect irrigation systems, control microbial development, and prevent infection spread. This can help to boost crop yields and lower crop losses.
TCCA is used to disinfect industrial equipment and surfaces, as well as to prevent microbial growth in industrial water systems. The growing requirement for cleanliness and safety in industrial settings is driving up demand for TCCA in the industrial disinfection industry. TCCA can be used to disinfect industrial equipment, reduce microbial growth, and prevent infection from spreading. This is particularly significant in food processing, healthcare, and other industrial situations where hygiene and safety are paramount. TCCA can be used to disinfect surfaces, preventing microbial development and pathogen spread. This is especially crucial in food processing facilities, healthcare environments, and other industries where hygiene and safety are paramount. TCCA can be used to prevent microbial growth in industrial water systems, including cooling and evaporative condensers. This can assist in avoiding the formation of algae and bacteria, both of which can clog pipes and harm equipment.
Moreover, trichloroisocyanuric acid is a commonly used disinfectant in water treatment. It's efficient against a variety of bacteria, viruses, and algae. The growing demand for clean and safe water is driving up demand for trichloroisocyanuric acid in the water treatment industry. People are becoming increasingly conscious of the necessity of drinking clean, safe water, and they are demanding that local water suppliers provide them with water free of bacteria, viruses, and other hazardous germs. The world's population is getting more urbanized, which puts a strain on water resources. As a result, there is a need for more efficient and effective water treatment methods. Trichloroisocyanuric acid is a low-cost and effective disinfectant that can treat huge amounts of water. Governments around the world are tightening water quality requirements, increasing the demand for more powerful disinfectants. TCCA is a highly effective disinfectant that can meet the most demanding water quality standards. New technologies are being developed to make TCC more effective and user-friendly. For instance, new formulations of TCCA are being developed to be more stable and have a longer shelf life. The rising demand for TCCA in water treatment is a positive trend, indicating that people are becoming more conscious of the importance of drinking clean and safe water. This, in turn, drives revenue in the Metal Cutting Tools market.
The Trichloroisocyanuric acid Market segmentation, based on Types, includes powder, granular, and tablet. The tablet category is the dominating segment of the market. Tablets provide simplicity and ease of use in a variety of applications, including water treatment and disinfection. Many users prefer them due to their exact dosing, long shelf life, and easy handling. The tablet segment's prominence can be due to its convenience and effectiveness in achieving the intended outcomes.
Figure 1: Trichloroisocyanuric acid Market by Types, 2023 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Trichloroisocyanuric acid Market segmentation, based on Applications, includes the chemical industry, textile industry, water treatment, civil use (disinfectant), and others. The textile industry segment is expected to have the largest proportion of the trichloroisocyanuric acid market during the forecast period. One of the most important reasons projected to fuel market growth in the next years is the expansion of textile businesses, as well as the rising demand for textiles as the world's population grows. According to the most recent statistics, approximately 87 million tons of textiles were consumed globally in 2022, with a 4% yearly growth rate.
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Trichloroisocyanuric acid Market area will dominate this market, accounting for 45.80%. Trichloroisocyanuric acid is used to disinfect a range of water bodies in the region, including swimming pools, whirlpools, fountains, and other aquatic facilities. Trichloroisocyanuric acid demand is predicted to rise throughout the projection period due to its superior quality to chlorine, which is commonly used in swimming pools.
Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, and South Korea.
Figure 2: Trichloroisocyanuric Acid Market Share By Region 2023 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Trichloroisocyanuric acid Market accounts for the second-largest market share. The increasing frequency of waterborne infections in the region has contributed significantly to the market's growth. Further, the German Trichloroisocyanuric acid Market held the largest market share, and the UK Trichloroisocyanuric acid Market was the fastest-growing market in the European region.
The Asia-Pacific Trichloroisocyanuric acid Market is expected to grow at the fastest CAGR from 2024 to 2032. The regional rise can be traced mostly to local ailments caused by untreated water and the growing need for trichloroisocyanuric acid for water treatment. Moreover, China’s Trichloroisocyanuric acid Market held the largest market share, and the Indian Trichloroisocyanuric acid Market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Trichloroisocyanuric acid Market grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Trichloroisocyanuric Acid industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Trichloroisocyanuric Acid industry to benefit clients and increase the market sector. In recent years, the Trichloroisocyanuric Acid industry has offered some of the most significant advantages to medicine. Major players in the Trichloroisocyanuric acid Market, including Zeel Product, ICL Industrial Products, Ercros S.A., Liaocheng City Zhonglian, Changzhou Junmin, China Salt Changzhou Chemical, Taian Huatian, and others, are attempting to increase market demand by investing in research and development operations.
ICL Group Ltd. is a multinational manufacturing company that creates, manufactures, and markets fertilizers, metals, and other specialty chemical products. ICL principally targets three markets: agriculture, food, and engineered materials. ICL produces over one-third of the world's bromine and is the sixth-largest potash producer. It manufactures specialist fertilizers, phosphates, flame retardants, and water treatment products. In September 2018, ICL said that it would run a tender to repurchase $800 million in 4.5 percent debt due in 2024 sold to bondholders in 2014. The new offer's bonds last between 20 and 30 years.
The Monsanto Company was an American agrochemical and agricultural biotechnology company formed in 1901 and based in Creve Coeur, Missouri. Monsanto's most well-known product is Roundup, a glyphosate-based herbicide created in the 1970s. Later on, the firm became a major producer of genetically modified crops. In 2018, the company was placed 199th on the Fortune 500 list of the top US corporations by revenue. In June 2020, Monsanto acquirer Bayer agreed to resolve over a hundred thousand Roundup cancer lawsuits, agreeing to pay $8.8 to $9.6 billion to settle existing claims and $1.5 billion to cover any future claims. The settlement excludes three claims that have already gone through jury trials and are being appealed.
Zeel Product
ICL Industrial Products
Liaocheng City Zhonglian
Changzhou Junmin
China Salt Changzhou Chemical
Taian Huatian
Juancheng Kangtai
Occidental Chemical
Nippon Soda
Heze Huayi
Jiheng Chemical
Nissan Chemical
Inner Mongolia Lantai
FMC
Ruibang Fine Chemical
Nankai Chemical
Sinopec
Shikoku Chemicals
Monsanto
Hebei Xingfei
Taisheng Chemical
Pat Impex
Olin
August 2022, Carton Corporation successfully collaborated with DL Chemical Co., Ltd. and merged. The transaction is planned to increase the company's reach by combining DL Chemical's production skills, Asian market presence, and financial power to engage in industry-leading sustainable product innovation.
June 2021, FMC Corporation eventually purchased BioPhero ApS, a Danish pheromone research and manufacturing company.
December 2021, ICL announced the grand launch of a 10,000 square-foot alternative protein production facility in St. Louis, Missouri.
Powder
Granular
Tablet
Chemical Industry
Textile industry
Water treatment
Civil Use (Disinfectant)
Others
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 1.1 Billion |
| Market Size 2023 | USD 1.13 Billion |
| Market Size 2032 | USD 1.4 Billion |
| Compound Annual Growth Rate (CAGR) | 3.50% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019- 2021 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Types, Applications, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea |
| Key Companies Profiled | Zeel Product, ICL Industrial Products, Ercros S.A., Liaocheng City Zhonglian, Changzhou Junmin, China Salt Changzhou Chemical, Taian Huatian, Juancheng Kangtai, Occidental Chemical, Nippon Soda, Nanning Chemical, Heze Huayi, Jiheng Chemical, Nissan Chemical, Inner Mongolia Lantai, FMC, Ruibang Fine Chemical, Nankai Chemical, Sinopec, Shikoku Chemicals, Monsanto, Hebei Xingfei, Taisheng Chemical, Pat Impex, Olin. |
| Key Market Opportunities | Potential for product innovation and development of eco-friendly alternatives. |
| Key Market Dynamics | Increasing awareness and adoption of clean and safe water practices. |
Frequently Asked Questions (FAQ) :
The Trichloroisocyanuric acid Market size was valued at USD 1.13 Billion in 2023.
The market is projected to grow at a CAGR of 3.50% during the forecast period, 2024-2032.
North America had the largest share in the market.
The key players in the market are Zeel Product, ICL Industrial Products, Ercros S.A., Liaocheng City Zhonglian, Changzhou Junmin, China Salt Changzhou Chemical, Taian Huatian, and others.
The tablet category dominated the market in 2023.
The textile industry segment had the largest share of the market.
Team Lead - Research Anshula mandaokar holds an academic degree in chemical engineering and has been contributing to the field for more than 5 years. she has expertise in market research and business consulting and serves as a team lead for a reputed market research firm under the chemicals and materials domain spectrum. she has worked on multiple projects, generating explicit results in a quick turnaround time. her understanding of data interpretation justifies her role as a leader.
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