North America and Europe Hypochlorous Acid Market Expected to Expand at a Steady CAGR through 2030

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Shorter Virus Kill Time of HOCl Offsets Synthetic Chemicals in Workplaces

Companies in the hypochlorous acid market in North America and Europe are increasing their marketing and sales capabilities to supply premium-quality products in countries of Asia Pacific. India, one of the rapidly advancing economies, has raised a demand for hypochlorous acid (HOCl) as a part of their Project India scheme, which involves making the Ganges river water pollution-free and safe for drinking. Lucrative opportunities in the U.K. are generating value-grab opportunities for manufacturers.

Manufacturers are increasing awareness that workplace owners in the U.K. need not purchase expensive synthetic and environment-damaging chemicals to disinfect their offices. The uptake of hypochlorous acid products has grown exponentially amidst the COVID-19 (coronavirus) pandemic, since synthetic chemicals typically require couple of minutes to kill viruses and other pathogens. HOCl is gaining increased popularity as this formulation immediately kills viruses on contact.

These factors are likely to drive the hypochlorous acid market in North America and Europe during the forecast period.

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Hypochlorous Acid Products Witness High Demand to Contain Spread of COVID-19

Ongoing developments in the COVID-19 pandemic have created incremental opportunities for companies in the North America and Europe hypochlorous acid market. Since hypochlorous acid holds promising potentials as an effective disinfection agent, the unprecedented demand for sanitizing and disinfectant formulations has compelled manufacturers to increase their production capacities. Analysts of Transparency Market Research (TMR) opine that the surface-disinfectant industry is projected to exponentially grow in the upcoming months.

Hypochlorous acid is being highly publicized for its excellent biocidal properties and low toxicity levels compared to other disinfectant chemicals. California-based medtech company Innovacyn is also increasing its production output for hypochlorous acid products to help airports, hospitals, grocery stores, and other locations contain the spread of the novel coronavirus. On the other hand, manufacturers operating in the hypochlorous acid market in North America and Europe are focusing on hypochlorous wound-care gels meant for people, pets, and livestock.

Hypochlorous Acid Highly Preferred in Hand Sanitizers Due to Fewer Side Effects

Since hypochlorous acid is less irritating to the eyes as compared to bleach, manufacturers in the hypochlorous acid market in North America and Europe are increasing their production capabilities to develop disinfectants and surfactants. This is evident, as the market is projected to reach US$ 1.5 Bn by the end of 2030. Hypochlorous acid is increasingly replacing bleach, since long-term exposure toward bleach could be carcinogenic.

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Apart from disinfectants, companies in the hypochlorous acid market in North America and Europe are increasing their focus on hand sanitizers. Since many people develop symptoms of hand dermatitis due to the overuse of hand sanitizers, hypochlorous acid is emerging as an attractive alternative to harmful chemicals in hand sanitizers. Hypochlorous acid also delivers greater efficiency in killing pathogens as compared to the alcohol in hand sanitizers.

pH Level Acts as Kryptonite in Hypochlorous Acid Products Causing Dissociation

Hypochlorous acid is an advantage for manufacturers in the development of hypochlorous wound-care gels and hand sanitizer products. However, the pH level of hypochlorous acid acts as a kryptonite and demands proper balance of HOCl concentration in products. Dissociation due to improper maintenance of pH range poses as a restraint for manufacturers in the hypochlorous acid market in North America and Europe. In order to avoid these issues, companies are increasing awareness to prevent hypochlorous acid products from exposure toward ultraviolet light, sunshine, and high temperatures.

Hypochlorous acid is playing a key role in the field of optometry. Avenova is one of the pioneer companies who have drawn innovations in eyelid and eyelash sprays for dry eye diseases. This explains why the hypochlorous acid market in North America and Europe is predicted for exponential growth, as dry eye diseases are common in western countries. As such, many other companies have joined the bandwagon to manufacture eyelid and eyelash sprays that do not need prescription.

Lucrative Opportunities for U.S. Manufacturers Due to FDA Approval in Medical Applications

Advantageous attributes of hypochlorous acid are playing an instrumental role in flower cultivation and dairy farming applications. As such, companies in the hypochlorous acid market in North America and Europe are establishing stable business models in disinfectant products. They are increasing their distribution channels to supply HOCl products to countries such as Japan and South Korea who use environment-friendly disinfectant for medical purposes. Market growth in the U.S. is much favorable, since the acid is FDA (Food & Drug Association)-approved for medical purposes such as for wound management, burns, and infections.

Since the coronavirus scare continues in the second half of the year, companies in the hypochlorous acid market in North America and Europe are increasing their availability of HOCl for use in portable shower booths. These booths are being increasingly used by COVID-19 swab test workers where hypochlorous acid helps to disinfect their clothing after long-period of working hours.

Environment-friendly Attributes of HOCl Boosting Credibility Credentials of Manufacturers

Electrochemical activation is acquiring increased popularity among companies in the North America and Europe hypochlorous acid market. As such, the demand for hypochlorous acid products is surging due to the worldwide wave of sustainability. Likewise, Toucan-eco-an environment-friendly cleaning solution is gaining global recognition and is being pervasively used in disinfection requirements.

Companies in the hypochlorous acid market in North America and Europe are targeting the revolutionary acid’s use to protect the marine environment as well as in water treatment applications. They are broadening their revenue streams by using HOCl to combat Legionella. Other applications such as fish processing, carpet cleaning, and salad packing are estimated to increase the uptake of hypochlorous acid products.

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