Sodium Chlorate Market Analysis

Application (Bleaching Agents, Herbicide, Oxidizing Agents

The bleaching agents segment in the sodium chlorate market is expected to gain a notable share of about 41% in the year 2036. Sodium chlorate (NaClO3) is an industrial salt produced by electrolyzing sodium chloride (NaCl). It is commonly used in the elemental chlorine-free (ECF) chemical bleaching process. Based on the EU Chemical Agency, the ECF process is used to create 93% of the pulp in the European Union that has experienced chemical bleaching. The compound is widely used in the chemical intermediate in the production of explosives and plant protection products.

Form (Crystalline, Solution)

Sodium chlorate market from the crystalline segment is estimated to gain the largest share of about 35% in the year 2036. The crystalline sodium chlorate segment is expected to rise owing to increased use in weed management and the manufacturing of sodium perchlorate, potassium chlorate, and sodium chlorite. Considering the greater expense of manufacturing, the crystalline form has been determined to be relatively expensive when contrasted to the amorphous.

Our in-depth analysis of the global sodium chlorate market includes the following segments:

Form

Crystalline
Solution

Application

Bleaching Agents
Herbicide
Oxidizing Agents

End User

Paper & Pulp
Chemical
Mining

Frequently Asked Questions (FAQ)

The major factors driving market growth are increasing use of the sodium chlorate for tanning and finishing leather, and manufacturing of dyes, and high utilization of the product in paper and pulp industry.

The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023 â€“ 2033.

North America will provide more business opportunities for market growth owing to the increasing establishment of new paper industries, and rapidly growing industrialization in the region.

The major players in the market are Kemira Oyj, China First Chemical Holdings Limited, ERCO Worldwide, Arkema S.A., and others.

The crystalline segment is anticipated to hold largest market size and is estimated to grow at a notable CAGR over the forecast period and display significant growth opportunities.

Sodium Chlorate Market Analysis