Trichloroisocyanuric Acid Market Growth Drivers and Challenges:
Growth Drivers
- Boom in the Chemical Industry- The white crystalline powder with a chlorine-like odor is used in the chemical industry in the tablet or granular form used as a reagent in organic chemical synthesis. According to current industry estimates, in 2021 the chemical sector is expected to generate an annual revenue of USD 4.7 trillion.
- High Investment in Research and Development Activities- The growth in sales of the market is driven by growing investments in research and development activities related to trichloroisocyanuric acid. The World Bank has published figures showing that research and development expenditure worldwide increased from 2.1 % of GDP in 2017 to 2.63% by 2020.
- Soaring Expenditure on Advanced Materials and Chemicals- According to estimates, the world's expenditure on advanced materials and chemicals will reach USD 41 billion in 2019.
Challenges
- Increasing Number of Government Restrictions- Trichloroisocyanuric acid is a strong chemical compound that cannot easily be used, but some strict government rules and regulations have been connected with it, which has led to an issue in the growth of this market.
- A Simple availability of alternatives to chemicals.
- The market for trichloroisocyanuric acid may be limited due to its small consumption because of its toxic nature.
Trichloroisocyanuric Acid Market Size and Forecast:
|
Base Year |
2025 |
|
Forecast Period |
2026-2035 |
|
CAGR |
4.5% |
|
Base Year Market Size (2025) |
USD 1.35 billion |
|
Forecast Year Market Size (2035) |
USD 2.1 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of trichloroisocyanuric acid is estimated at USD 1.4 billion.
The global trichloroisocyanuric acid market size crossed USD 1.35 billion in 2025 and is likely to register a CAGR of over 4.5%, exceeding USD 2.1 billion revenue by 2035.
Asia Pacific trichloroisocyanuric acid market achieves a 33% share by 2035, driven by increased use of trichloroisocyanuric acid in wastewater treatment and sanitation efforts.
Key players in the market include Croda International Plc, Oleon NV, Wilmar Group, Occidental Petroleum Corporation, Ercros, S.A., FMC Corporation, Olin Corporation, Tokyo Chemical Industry Co., Ltd., Nissan Chemical corporation.
