Sodium Chlorate Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Sodium chlorate is an inorganic chemical compound that is a powerful oxidizing agent. It is produced by the electrolysis of brine (NaCl) and is pale-yellow crystalline solid, odorless, and easily dissolves in water. Sodium chlorate is extensively utilized in the formation of chlorine dioxide which is employed as a bleaching agent in the production of bleached pulp. Besides, it finds applications in mining, chemical, other industries.

MARKET DYNAMICS

Sodium chlorate is widely used in the paper and pulp industry. It is the key bleaching agent for the elemental chlorine-free (ECF) chemical pulping process and is extensively used in emerging markets like India and China. Besides, the surge in the use of sodium chlorate for several applications such as tanning and finishing leather, and production of dyes is anticipated to drive the market growth during the forecast period. However, stringent laws relating to the use of sodium chlorate due to harmful effects on the environment is predicted to restrain the market growth.

MARKET SCOPE

The "Global Sodium Chlorate Market Analysis to 2031" is a specialized and in-depth study of the Chemicals & Materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the sodium chlorate market with detailed market segmentation by application. The global sodium chlorate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sodium chlorate market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global sodium chlorate market is segmented into form, end-use industry. By form, the sodium chlorate market is classified into Crystalline, Amorphous. By end-use industry, the sodium chlorate market is classified into Paper & Pulp, Mining, Chemical, Others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global sodium chlorate market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The sodium chlorate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the sodium chlorate market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the sodium chlorate market in these regions.

Sodium Chlorate Market Report Analysis

Sodium Chlorate Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Eka Chemicals
• Erco Worldwide
• Canexus
• Kemira Oyj
• China First Chemical Holdings Limited
• Arkema
• American Elements
• Nouryon
• Mil-Spec Industries

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Form

• Crystalline
• Amorphous

By End-Use Industry

• Paper and Pulp
• Mining
• Chemical

MARKET PLAYERS

The report covers vital developments in the sodium chlorate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the sodium chlorate market are anticipated to witness lucrative growth opportunities in the future with the rising demand for sodium chlorate in the global market. Below mentioned is the list of few companies engaged in the sodium chlorate market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sodium chlorate market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

1. Eka Chemicals
2. Erco Worldwide
3. Canexus
4. Kemira Oyj
5. China First Chemical Holdings Limited
6. Arkema
7. American Elements
8. Nouryon
9. Mil-Spec Industries
10. Tronox

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Sodium Chlorate Market Report Scope