Bromine Disinfectant Tablet (BCDMH) Market Size, Share, Growth, and Industry Analysis, By Type (BCDMH Tablet, BCDMH Granule and Others), By Application (Swimming Pools & Spas, Industrial Cooling Water, Aquaculture and Others), Regional Insights, and Forecast To 2031

Updated On: 22 April 2024

Bromine Disinfectant Tablet (BCDMH) Market REPORT OVERVIEW

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The global bromine disinfectant tablet (BCDMH) market size was USD 278.3 million in 2022 and market is projected to touch USD 428 million by 2031, at CAGR of 4.9% during the forecast period.

The COVID-19 pandemic has had a significant impact on the bromine disinfectant tablet (BCDMH) market. The increased demand for disinfectants to help prevent the spread of the virus has led to a surge in sales of BCDMH tablets. In addition, the closure of many public swimming pools and spas has created a new market for BCDMH tablets, as these facilities are now using them to disinfect their water systems.

BCDMH tablets are a versatile disinfectant that can be used in a variety of applications. They are effective against a wide range of microorganisms, easy to use, non-corrosive, and relatively inexpensive. This makes them a good option for pool owners, industrial water treatment operators, and anyone else who needs to disinfect water.

COVID-19 Impact: Imposed Restrictions in the Economy which led to a decline in demand for Bromine Disinfectant Tablet (BCDMH) Market

The COVID-19 pandemic has had a significant impact on the Bromine Disinfectant Tablet (BCDMH) market. The outbreak of the pandemic led to a surge in demand for BCDMH tablets as they are effective against a wide range of viruses, including COVID-19. This led to an increase in the prices of BCDMH tablets and a shortage of supply. The pandemic also led to a shift in the demand for BCDMH tablets. Prior to the pandemic, the majority of demand for BCDMH tablets came from the swimming pool and spa industry. However, the pandemic led to a decline in the use of swimming pools and spas, as people were advised to avoid crowded public spaces. As a result, demand for BCDMH tablets from the swimming pool and spa industry declined. On the other hand, demand for BCDMH tablets from the industrial water treatment industry increased during the pandemic. This is because industrial water treatment plants were required to disinfect their water supplies to prevent the spread of COVID-19. As a result, the industrial water treatment industry became a major driver of demand for BCDMH tablets during the pandemic. Overall, the COVID-19 pandemic had a mixed impact on the Bromine Disinfectant Tablet (BCDMH) market. The outbreak of the pandemic led to an increase in demand for BCDMH tablets, but it also led to a shortage of supply and a shift in demand from the swimming pool and spa industry to the industrial water treatment industry.

LATEST TRENDS

"Higher Standards of Performance by Increase in Infrastructure Spending to Grow Market Potentially"

The BCDMH tablet market is expected to grow at a CAGR of 5.0% from 2022 to 2028. The key drivers of growth for the market include the increasing demand for disinfection products, the growing popularity of swimming pools and spas, and the increasing awareness of the benefits of BCDMH tablets. Some of the latest trends in the market include the growing popularity of swimming pools and spas, the increasing awareness of the benefits of BCDMH tablets, the development of new BCDMH tablet formulations, and the increasing demand for BCDMH tablets in industrial water treatment.  The BCDMH tablet market is expected to grow in the coming years. The market is being driven by the increasing demand for disinfection products, the growing popularity of swimming pools and spas, and the increasing awareness of the benefits of BCDMH tablets.

Bromine Disinfectant Tablet (BCDMH) Market SEGMENTATION

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• By Type

Based on type the bromine disinfectant tablet (BCDMH) market is classified as BCDMH Tablet, BCDMH Granule and Others

• By Application

Based on application the bromine disinfectant tablet (BCDMH) market is classified as swimming pools & spas, industrial cooling water, aquaculture and others.

DRIVING FACTORS

"Increasing demand for disinfection products"

The global population is increasing, and with it, the demand for recreational activities. Swimming pools and spas are becoming increasingly popular, and this is driving the demand for BCDMH tablets. BCDMH tablets are a safe and effective way to disinfect water, and they are also relatively inexpensive, which makes them a cost-effective option for pool owners and industrial water treatment operators.

"Growing popularity of swimming pools and spas"

The global population is increasing, and with it, the demand for recreational activities. Swimming pools and spas are becoming increasingly popular, and this is driving the demand for BCDMH tablets. BCDMH tablets are a safe and effective way to disinfect water, and they are also relatively inexpensive, which makes them a cost-effective option for pool owners and industrial water treatment operators.

RESTRAINING FACTORS

"Several Challenges Associated with the Local Irritation to Restrain the Market"

The BCDMH tablet market is expected to grow in the coming years, but there are some restraining factors that could limit the growth of the market. These factors include stringent regulations, competition from other disinfectants, high cost, and environmental concerns. Stringent regulations are being imposed by governments around the world on the use of chemicals in water treatment. This could pose a challenge to the growth of the BCDMH tablet market, as BCDMH is a chemical. There are also a number of other disinfectants available on the market, including chlorine, bromine, and ozone. These disinfectants may offer some advantages over BCDMH, such as being less expensive or having a lower environmental impact. This competition could limit the growth of the BCDMH tablet market. In addition, BCDMH tablets are more expensive than some other disinfectants. This could make them less affordable for some pool owners and industrial water treatment operators, which could limit the growth of the market. Finally, there are some environmental concerns associated with the use of BCDMH. These concerns could limit the growth of the market, as governments and consumers become more aware of the environmental impact of BCDMH.

Bromine Disinfectant Tablet (BCDMH) Market REGIONAL INSIGHTS

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"North America Region to Dominate the Market with Extensive Utilization and Multiplying Manufacturers"

The BCDMH tablet market is expected to grow in the coming years. North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa are the major regions for BCDMH tablets. North America is the largest market for BCDMH tablets, followed by Europe. Asia-Pacific is expected to be the fastest-growing market. The increasing demand for disinfection products, the growing popularity of swimming pools and spas, and the increasing awareness of the benefits of BCDMH tablets are driving the growth of the market.

KEY INDUSTRY PLAYERS

"Financial Players to Contribute Towards Expansion of Market"

The BCDMH tablet market is a competitive market with many key industry players. Some of the leading companies in the market include Lanxess, Lonza, ICL-IP, Radi, Yaguang Fine Chemical, Kedachem, Xitai Chemical, Water Treatment Products, and Enviro Tech.

List of Market Players Profiled

• Lanxess (Germany)
• Lonza (Switzerland)
• ICL-IP (Israel)
• Radi (India)
• Yaguang Fine Chemical (China)
• Kedachem (China)
• Xitai Chemical (China)
• Water Treatment Products (U.S)
• Enviro Tech (U.S)

REPORT COVERAGE

The SWOT analysis and information on future developments are covered in the study. The research report includes a study of a number of factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points. The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.