The sodium chlorate market is projected to increase from USD 4,208.61 million in 2022 to USD 6881.54 million by 2032, at a CAGR of 5.04% over the forecast period 2023-2032.
Sodium chlorate is an inorganic compound produced by the electrolysis of brine. Sodium chlorate is white/off-white, odourless and highly soluble in water. Sodium chlorate is also flammable in its pure form but releases oxygen during decomposition. The use of sodium chlorate increased in niche applications such as producing oxidizing candles for aircraft and submarines. Sodium chlorate is also used as a metal surface treatment in the electronics, automotive, cosmetics, dyes, leather, and pharmaceutical industries. It is widely used as a herbicide in agriculture owing to its oxidizing properties. In addition, it is an environment-friendly bleaching agent.
The growing need for wood pulp in manufacturing kraft paper and the increasing need for sodium chlorate in the dye industry, leather and tanning industries are the major factors driving the sodium chlorate market. The rising use of sodium chlorate in explosives and mining activities and the aggressive development of the agricultural industry are anticipated to drive the market's growth. Besides, the easy availability of alternatives such as hydrogen peroxide and ozone that can be used to bleach paper and pulp is anticipated to hinder the growth of the sodium chlorate market. Additionally, the government has strict regulations regarding using sodium chlorate due to its harmful environmental and health effects.
This report provides a complete analysis of form, application, and region. The form segment is classified into crystalline and solution. The crystalline form segment held the leading market share in 2022 owing to its use in various industrial applications of sodium chlorate in crystalline form. The crystalline sodium chlorate is primarily used in producing herbicides and the bleaching procedure. The application segment is divided into dye, leather tanning, mining, pulp and paper, water treatment and others. The pulp and paper segment dominated the market in 2022. Chlorine dioxide is extensively utilized as a bleaching agent to manufacture high-quality, environmentally friendly white paper. Hence, the sodium chlorate market will see significant demand in the pulp and paper industry over the forecast period. The trend of manufacturing paper using green technology will likely increase the demand for sodium chlorate as a bleaching agent in the coming years.
The Asia Pacific region registered the highest market share in 2022 and is anticipated to capture a significant market share over the forecast period. The mining and pulp & paper industry in the Asia Pacific region is expected to grow significantly in the coming years. China is anticipated to guide the market in the region owing to the rising need from the country's pulp and paper industry. The sodium chlorate market in South America is expected to develop significantly during the forecast period due to the region's rapid pulp and paper industry growth. Moreover, the Middle East and Africa (MEA) market is anticipated to grow slowly over the forecast period.
Key market players in the sodium chlorate market are Arkema, Annexe Chem, American Elements, A. B. Enterprises, ALDON Corporation, B. Enterprises, ChemTrade, Chemfab Alkalis Limited, ERCO Worldwide, GFS Chemicals, H. K. Group, Kemira Oyj, Mil-Spec Industries, Nouryon, Petrochem, Shree Chlorates, Spectrum chemicals and Tronox among others.
Sodium Chlorate Market Analysis and Forecast, Form
Sodium Chlorate Market Analysis and Forecast, Application
Sodium Chlorate Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Form
4.3.2. Market Attractiveness Analysis by Application
4.3.3. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising paper and pulp industry
5.3. Restraints
5.3.1. Easy availability of alternatives
5.4. Opportunities
5.4.1. Increasing demand for superior-quality packaging paper, tissue paper, and craft paper
5.5. Challenges
5.5.1. Government strict regulations
6. Global Sodium Chlorate Market Analysis and Forecast, By Form
6.1. Segment Overview
6.2. Crystalline
6.3. Solution
7. Global Sodium Chlorate Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Dye
7.3. Leather Tanning
7.4. Mining
7.5. Pulp and Paper
7.6. Water Treatment
7.7. Others
8. Global Sodium Chlorate Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Sodium Chlorate Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in the Sodium Chlorate Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Arkema
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Annexe Chem
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. American Elements
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. A. B. Enterprises
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. ALDON Corporation
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. B. Enterprises
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. ChemTrade
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Chemfab Alkalis Limited
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. ERCO Worldwide
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. GFS Chemicals
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. H. K. Group
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Kemira Oyj
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Mil-Spec Industries
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Nouryon
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. Petrochem
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. Shree Chlorates
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
10.17. Spectrum chemicals
10.17.1. Business Overview
10.17.2. Company Snapshot
10.17.3. Company Market Share Analysis
10.17.4. Company Product Portfolio
10.17.5. Recent Developments
10.17.6. SWOT Analysis
10.18. Tronox
10.18.1. Business Overview
10.18.2. Company Snapshot
10.18.3. Company Market Share Analysis
10.18.4. Company Product Portfolio
10.18.5. Recent Developments
10.18.6. SWOT Analysis
List of Table
1. Global Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
2. Global Crystalline Sodium Chlorate Market, By Region, 2019-2032 (USD Million) (K Tons)
3. Global Solution Sodium Chlorate Market, By Region, 2019-2032 (USD Million) (K Tons)
4. Global Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
5. Global Dye Sodium Chlorate Market, By Region, 2019-2032 (USD Million) (K Tons)
6. Global Leather Tanning Sodium Chlorate Market, By Region, 2019-2032 (USD Million) (K Tons)
7. Global Mining Diagnostics Sodium Chlorate Market, By Region, 2019-2032 (USD Million) (K Tons)
8. Global Pulp and Paper Sodium Chlorate Market, By Region, 2019-2032 (USD Million) (K Tons)
9. Global Water Treatment Sodium Chlorate Market, By Region, 2019-2032 (USD Million) (K Tons)
10. Global Others Sodium Chlorate Market, By Region, 2019-2032 (USD Million) (K Tons)
11. Global Sodium Chlorate Market, By Region, 2019-2032 (USD Million) (K Tons)
12. North America Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
13. North America Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
14. U.S. Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
15. U.S. Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
16. Canada Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
17. Canada Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
18. Mexico Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
19. Mexico Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
20. Europe Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
21. Europe Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
22. Germany Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
23. Germany Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
24. France Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
25. France Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
26. U.K. Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
27. U.K. Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
28. Italy Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
29. Italy Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
30. Spain Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
31. Spain Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
32. Asia Pacific Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
33. Asia Pacific Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
34. Japan Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
35. Japan Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
36. China Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
37. China Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
38. India Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
39. India Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
40. South America Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
41. South America Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
42. Brazil Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
43. Brazil Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
44. Middle East and Africa Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
45. Middle East and Africa Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
46. UAE Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
47. UAE Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
48. South Africa Sodium Chlorate Market, By Form, 2019-2032 (USD Million) (K Tons)
49. South Africa Sodium Chlorate Market, By Application, 2019-2032 (USD Million) (K Tons)
List of Figures
1. Global Sodium Chlorate Market Segmentation
2. Sodium Chlorate Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Sodium Chlorate Market Attractiveness Analysis by Form
9. Global Sodium Chlorate Market Attractiveness Analysis by Application
10. Global Sodium Chlorate Market Attractiveness Analysis by Region
11. Global Sodium Chlorate Market: Dynamics
12. Global Sodium Chlorate Market Share by Form (2023 & 2032)
13. Global Sodium Chlorate Market Share by Application (2023 & 2032)
14. Global Sodium Chlorate Market Share by Regions (2023 & 2032)
15. Global Sodium Chlorate Market Share by Company (2022)
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