Reports - Sodium Chlorate Market
Sodium Chlorate Market Size, Share & Growth Forecast by 2035 by Forms (Crystalline, Solution), by Applications (Pulp & Bleaching Industry, Chlorates of Other Metals, Leather Tanning, Dyes), by Region (North America, Europe, Asia Pacific, Latin America
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USD 4.34 Billion
USD 7.51 Billion
5.10%
Asia Pacific
Asia Pacific
2024
2021 - 2023
2025 - 2035
By Forms, By Applications, By Region
The final deliverable will encompass both quantitative and qualitative data, providing a comprehensive analysis of the market. The scope is customizable.
The global Sodium Chlorate Market is valued at USD 4.34 Billion in 2024 and is projected to reach a value of USD 7.51 Billion by 2035 at a CAGR (Compound Annual Growth Rate) of 5.10% between 2025 and 2035.
One of the main things driving the Sodium Chlorate market is that chlorine is being used increasingly in industries like making textiles and paper, processing food, and making chemicals. These industries are looking for substitutes for ozone-depleting chemicals, which are increasingly expensive. Sodium Chlorate is a low-cost alternative that can meet these requirements. The market for Sodium Chlorate is also growing because consumers are learning more about the health risks of breathing in chlorine fumes, key manufacturers are investing more in research and development, and emerging economies are buying more Sodium Chlorate. BASF SE is the leading player in the global Sodium Chlorate market, with a share of 31%. It has a presence across six continents and employs more than 14,000 people across its global operations. Mochida Chemical Industries is the second-largest player in the global Sodium Chlorate market, with a share of 21%. The company manufactures Sodium Chlorate products under several brands, including BOMCAT®, FUSILSIL®, PULVICHEM®, and SELOXIDE®. The market is also witnessing an increase in its end-user base owing to the growing demand for recycled materials and green initiatives. The market share for Sodium Chlorate, used for bleaching purposes in the paper and pulp industry, is disproportionately high. Because of the prolonged shutdown of the paper and pulp industry, the Sodium Chlorate market has been adversely affected. The paper and pulp industrys slow recovery is expected to revive the Sodium Chlorate market by the end of the second quarter of FY 2022. Sodium Chlorates widespread use can be attributed to its accessibility, compactness, and low price. One major factor expected to drive the worldwide Sodium Chlorate market during the projected period is the rising demand for its use in the production of dyes and the leather and tanning industry.
It is predicted that the market for Sodium Chlorate will develop in the coming years as a result of the primary concern for preserving the hygiene of the expanding population through the use of tissue. Over the next seven years, rising demand for the aforementioned application is anticipated to have a favorable effect on Sodium Chlorate demand. Market expansion for sodium chromate is also being driven by the governments promotion of environmentally friendly manufacturing practices and goods. However, market challenges such as environmental concerns and safety hazards are expected to restrain the Sodium Chlorate market growth. The main drivers of the Sodium Chlorate market are increasing demand from the oil and gas industry and growing awareness about its benefits among consumers. The major restraints of the market include the limited availability of raw materials and high production costs. The high production costs are a result of the need for special equipment and high investments in R & D. Strict government regulations impede the growth of the Sodium Chlorate market as they impose heavy fines for violation. Regulations such as those in China and India are restricting the use of Sodium Chlorate in production facilities. Increasing environmental awareness is also restraining the growth of the Sodium Chlorate market as it increases demand for safer products. Low availability constrains the growth of the Sodium Chlorate market. The low availability of Sodium Chlorate has led to the development of alternate sources such as chlorine and potassium chlorate. High cost is another constraint hampering the growth of the Sodium Chlorate market. The high cost of Sodium Chlorate has made it difficult for small businesses to enter the market.
The growth of the Sodium Chlorate market is projected to be high due to increasing demand from small businesses and households as well as increasing concerns about environmental pollution. The market is also expected to be driven by the growing use of chlorine for disinfection purposes across various sectors, including healthcare. The healthcare sector is one of the most important and lucrative in the world, with a total revenue of over $2 trillion in 2021. The growth of the Sodium Chlorate market is expected to have a significant impact on this sector, as it is used to treat a wide range of diseases and conditions. The healthcare sector accounts for the largest share of the global market for Sodium Chlorate. Pharmaceuticals account for over 60% of the market, while explosives make up around 30%. In the healthcare sector, Sodium Chlorate is used to sanitize medical equipment and surfaces. Additionally, it is used in various disinfection processes such as sterilization, pasteurization, and autoclaving. The toxicity of Sodium Chlorate makes it a preferred choice for use in these processes because it does not require high temperatures or long exposure times to achieve results. The most significant risk posed by Sodium Chlorate comes from its ability to cause eye irritation and respiratory problems if inhaled or ingested. These risks are exacerbated when the compound is mishandled or stored incorrectly. In addition to human health impacts, Sodium Chlorate can also damage electronic equipment if left untreated.
The global Sodium Chlorate Market is segmented based on Forms, Applications, and Region. Based on the Form, the global Sodium Chlorate market is segmented into Crystalline and Solution segments. Furthermore, based on the Applications, the market is segmented into Pulp & Bleaching Industry, Chlorates of Other Metals, Leather Tanning, Dyes, and Other Applications. Likewise, based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The Crystalline segment is expected to grow at a higher rate than the solution segment during the forecast period. Sodium Chlorate is used in pulp and paper, food & beverage, textile, and chemical industries. The demand for chlorine dioxide is increasing owing to its many applications such as bleaching, deodorizing, disinfectants, and fumigants. The solution segment is projected to grow at a slower rate due to the dominance of industries such as power generation and chemicals.
The Pulp & Bleaching Industry is projected to grow at a CAGR of 7.5% from 2025 to 2035. The Pulp & Paper application area will continue to grow steadily over the next few years. By 2029s end, that same subset is expected to have amassed an 80.4% stake. Bleached cartons and paper packaging are experiencing rapid expansion and rising demand. Sodium Chlorate is used extensively in numerous industries, and its importance cannot be overstated. This is especially true in emerging markets such as Asia and the Pacific. The increasing demand for white and colored paper drives this growth. The chlorates of other metals market segment are expected to grow at a higher rate, owing to the increasing use of these chemicals in various industrial applications. The market is projected to be worth US$ 2,000 million by 2028. The leather tanning industry is also forecast to grow at a CAGR of 6.9% during the same period. This growth is mainly due to increased demand for high-quality leather products. Dyes and other chemicals are also projected to grow at a CAGR of 7.1% during the same period. This growth is mainly due to the increasing demand for clothing and textile products. Due to rising consumer demand for color-safe products, dyes and pigments are also expected to see strong growth during the forecast period. The market is projected to be worth US$ 1,500 million by 2028.
The key players in the Global Sodium Chlorate market include- GFS Chemicals (US) and others.
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| Segment Covered | By Forms
By Applications
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