Report ID: SQMIG15B2080
Report ID:
SQMIG15B2080 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
67 |
Figures:
65
Asia Pacific is poised to hold the largest revenue share in the global chlorine dioxide market, primarily driven by its widespread usage in drinking-water disinfection. The region faces significant challenges with water contamination, leading to a high risk of cholera outbreaks in countries such as Afghanistan, Bangladesh, India, Nepal, the Philippines, and Yemen. To combat rising infection rates, governments in the region are increasingly adopting chlorine dioxide for water treatment, fueling market growth.
In North America, a steady revenue Compound Annual Growth Rate (CAGR) is expected during the forecast period. The region's market growth is fueled by the growing adoption of chlorine dioxide in the pharmaceutical industry and hospitals. Due to its effective antibacterial properties, chlorine dioxide is extensively used in hospitals for sterilization and ensuring safe drinking water. Additionally, its applications in disinfecting and improving indoor air quality by reducing bacteria and fungus in enclosed spaces contribute to market revenue growth in the region. Overall, the growing awareness of the benefits of chlorine dioxide drives its adoption in various sectors, supporting the market's expansion in both the Asia Pacific and North American regions.
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Report ID: SQMIG15B2080