Chloramine B MarketSize and Trends

Market Dynamics

Increasing demand for disinfectants for applications in water treatment and aquaculture across the globe is projected to fuel growth of the global chloramine B market over the forecast period (2018-2025). This is owing to characteristics of chloramine B such as antibacterial property and high stability for long time as compared to pure chlorine. Furthermore, Chloramine B is a disinfectant used to inhibit the growth of micro-organisms such as bacteria, viruses, and e.coli in water treatment and swimming pools. Therefore, key manufacturers are focusing on acquisitions strategy to expand their product offerings in chloramine B for application in water treatment. For instance, Bodal Chemicals Ltd. acquired Trion Chemicals Pvt. Ltd. in 2017, to focus on specialty chemicals for water treatment and swimming pools in India.

Market Trends

On the basis of product type, disinfectants segment accounted for the largest market share in chloramine B market in 2017 and is expected to show steady growth over the forecast period. This is owing to increasing demand for this product for water treatment, as water purity plays a major role in spreading of diseases such as typhoid, diarrhea, and cholera. Thus, disinfection is responsible for preventing wide spread of such diseases. Furthermore, governments of various countries are supporting use of chloramine in waste water treatment, which is expected to aid in growth of the segment over the forecast period. For instance, The Environmental Protection Agency (EPA) regulates the safe use of chloramines in drinking water for safety purpose in the U.S. EPA's Integrated Risk Information System (IRIS) Program supports this mission by identifying and characterizing the health hazards of chemicals found in the environment and water treatment.

On the basis of application, water treatment sector exhibited relatively high growth in the chloramine B market in 2017 and is expected to witness the same trend during the forecast period. Chloramine concentrations found in drinking water lies in the range of 0.2-2 mg/L where mono chloramine has been used as a primary disinfectant in waste water treatment. The World Health Organization (WHO) recommended a maximum acceptable concentration of chloramines in drinking water of 3 mg/L.

Asia Pacific is projected to be the fastest-growing region in the chloramine B market over the forecast period. Increasing incidence of water-borne illnesses such as typhoid, cholera, and diarrhea has resulted in installation of home water treatment by consumers and thus, increasing demand for chloramine B. For instance, in 2016, around 1, 32,121 cases of cholera and over 2420 deaths were reported by the World Health Organization (WHO) globally. Therefore, the market is expected to exhibit high growth over the forecast period.