According to IMARC Group’s latest report, titled “Sodium Chlorate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the sodium chlorate market outlook.
The global sodium chlorate market size reached US$ 3.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.1 Billion by 2027, exhibiting a growth rate (CAGR) of 5.57% during 2022-2027. Sodium chlorate (NaCIO3) is a hygroscopic inorganic compound that is industrially produced through electrolysis of sodium chloride (NaCl) with water (H2O). It is an odorless, white-color crystalline powder that is highly soluble in water and inflammable in its purest form. It can be decomposed at a higher temperature to release oxygen and leave sodium chloride as a by-product. Apart from this, sodium chlorate is eco-friendly and a powerful oxidizing agent; thus, it is widely used as a bleaching and oxidizing/reducing agents, defoliants, and dyes.
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Sodium Chlorate Market Trends:
The global sodium chlorate market is primarily driven by its extensive usage in the paper and pulp industry for the on-site generation of chlorine dioxide for environmental sanitation purposes. Additionally, the growing use of sodium chlorate as an eco-friendly bleaching agent in the elemental chlorine-free (ECF) chemical pulping process and tissue paper, facial, and baby wipes in restaurants, offices, and households are fuelling the product demand. Moreover, the rising need for sodium chlorate in the mining industry to extract vanadium and uranium and to produce oxidation candles for aircraft and submarines is propelling the market growth. Furthermore, the extensive employment of sodium chlorate across the automotive and electronics sectors for the surface treatment of metals is positively stimulating the market growth. Besides this, the growing uptake of sodium chlorate as a non-selective herbicide to control the growth of various perennial weeds, including morning glory, creeping thistle, and johnsongrass owing to their phototoxic properties, is propelling the market forward.
Sodium Chlorate Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the sodium chlorate market has been studied in the report with the detailed profiles of the key players operating in the market.
- Eka Chemicals
- Erco Worldwide
- Canexus
- Kemira Oyj
- China First Chemical Holdings Limited
Key Market Segmentation:
The report has segmented the sodium chlorate market on the basis of form, application and region.
Breakup by Form:
- Crystalline
- Solution
Breakup by Application:
- Pulp and Bleaching Industry
- Chlorates of Other Metals
- Leather Tanning
- Dyes
- Others
Regional Insights:
- Canada
- United States
- China
- Finland
- Brazil
- Others
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Gains will be driven by steady demand from the paper and pulp industry; however, growing regulations and easy availability of alternatives continue to stymie demand.Applications in Bleaching Agent Manufacturing Remains a Key DriverThe demand for sodium chlorate is likely to expand at a significant rate owing to its use in the production of bleaching agent.
Paper and pulp industry is using sodium chlorate to produce chlorine dioxide, a bleach used in producing high quality and eco-friendly paper products.
Demand for sodium chlorate for use in bleaching agent production is likely to surpass 2,700,000 tons by 2018-end.Highlighting the demand challenges, the report opines that the hazardous nature of sodium chlorate has led to end-users to adopt alternatives that are more environmentally-friendly.
Although uptake of enzymes has grown steadily in textile, home laundering, as well as paper and pulp industries, cost-effectiveness of sodium chlorate remains an advantage.To provide an in-detailed analysis of the potential opportunities, the research report takes into consideration of the several growth factors across different regional segments.The important geographical segments of the global sodium chlorate market are as follows:North AmericaLatin AmericaEuropeJapanAPEJMEAThe detailed research report on the global sodium chlorate market focuses on the macro as well as microeconomic factors that are helping its development.
Furthermore, the research report also makes not of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market.
The report also offers an in-depth analysis of how the projected growth factors will shape the market dynamics in the coming years of the forecast period.
The latest trending report Global Sodium Chlorate Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Sodium Chlorate market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Sodium Chlorate industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Sodium Chlorate and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/40680-sodium-chlorate-industry-analysis-reportThe major players covered in Sodium Chlorate are:AkzoNobel EkaErcrosCANEXUSKemiraArkemaERCOInner Mongolia Lantai IndustrialChemtradeTronoxChina First Chemical HoldingsCHGLianyungang Xingang ChemicalSanxiang ElectrochemicalBy Type, Sodium Chlorate market has been segmented intoNaClO3 Purity ≥99.5%NaClO3 Purity＜99.5%By Application, Sodium Chlorate has been segmented into:Pulp & Paper IndustryWater treatmentChemical raw materialsOthersThe report offers in-depth assessment of the growth and other aspects of the Sodium Chlorate market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Sodium Chlorate Market @ https://www.decisiondatabases.com/contact/download-sample-40680The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Sodium Chlorate product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Sodium Chlorate, with price, sales, revenue and global market share of Sodium Chlorate in 2018 and 2019.Chapter 3, the Sodium Chlorate competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Sodium Chlorate breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Sodium Chlorate market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Sodium Chlorate sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Sodium Chlorate Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-40680Other Reports by DecisionDatabases.com:Global Sodium Hydroxide Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Sodium Tripolyphosphate (STPP) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Sodium Acetate Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
The Global Sodium Chlorate Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Sodium Chlorate Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/16476-sodium-chlorate-market-reportThe report also covers the complete competitive landscape of the global Sodium Chlorate market with company profiles of key players such as:Akzo Nobel N.V.ArkemaCanexus CorporationChemtrade Logistics Inc.Continental Hope GroupERCOErcros S.A.Inner Mongolia Lantai Industrial Co., Ltd.Kemira OyjLianyungang Xingang Chemical Co., Ltd.Tronox LimitedYongzhou City Lingling Sanxiang Electrochemical Co., Ltd.A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Applications:Pulp & Paper IndustryWater TreatmentChemical Raw MaterialsOthersBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Sodium Chlorate Market @ https://www.decisiondatabases.com/contact/download-sample-16476The Global Sodium Chlorate Market has been exhibited in detail in the following chapters –Chapter 1 Sodium Chlorate Market PrefaceChapter 2 Executive SummaryChapter 3 Sodium Chlorate Industry AnalysisChapter 4 Sodium Chlorate Market Value Chain AnalysisChapter 5 Sodium Chlorate Market Analysis By ApplicationsChapter 6 Sodium Chlorate Market Analysis By GeographyChapter 7 Competitive Landscape Of Sodium Chlorate CompaniesChapter 8 Company Profiles Of Sodium Chlorate IndustryPurchase the complete Global Sodium Chlorate Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-16476Other Reports by DecisionDatabases.com:Global Sodium Chloride Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Sodium Lactate Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Sodium Percarbonate Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
The sodium chlorate market is projected to witness a sluggish growth, with demand likely to reach 4,000,000 tons by the end of 2018, as per a latest report by Fact.MR.
Gains will be driven by steady demand from the paper and pulp industry; however, growing regulations and easy availability of alternatives continue to stymie demand.Applications in Bleaching Agent Manufacturing Remains a Key DriverThe demand for sodium chlorate is likely to expand at a significant rate owing to its use in the production of bleaching agent.
Paper and pulp industry is using sodium chlorate to produce chlorine dioxide, a bleach used in producing high quality and eco-friendly paper products.
Demand for sodium chlorate for use in bleaching agent production is likely to surpass 2,700,000 tons by 2018-end.Highlighting the demand challenges, the report opines that the hazardous nature of sodium chlorate has led to end-users to adopt alternatives that are more environmentally-friendly.
The environmental challenges associated with sodium chlorate has led to an increase in the use of enzymes in bleaching agent production.
Although uptake of enzymes has grown steadily in textile, home laundering, as well as paper and pulp industries, cost-effectiveness of sodium chlorate remains an advantage.Paper and Pulp Industry to Account for Largest Share in the Sodium Chlorate MarketIn spite of the mounting environmental concerns, paper and pulp industry continues to generate substantial demand for sodium chlorate owing to its easy availability and low-cost.
