Sodium Chlorate Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Sodium Chlorate Market in 2025 is estimated at USD 3.8 billion. The global market size was around USD 3.66 billion in 2024 and is likely to expand at a CAGR of more than 4.8%, surpassing USD 6.73 billion revenue by 2037. North America could attain USD 2.09 billion by 2037, fueled by the established paper industry and large-scale sodium chlorate output.
According to the OEC, in 2022, sodium chlorate worldwide trade was valued at USD 508 million, with Canada being the top exporter with USD 240 million worth of exports, followed by Finland with USD 50.9 million of exports. Furthermore, sodium chlorate ranked 2505th in the Product Complexity Index (CPI). In 2022, the top five importers of sodium chlorate were the U.S. with USD 162 million imports at the top, followed by Japan with USD 49.2 million, Portugal with USD 26.5 million, Russia and Sweden with USD 22.1 million each.
The global sodium chlorate market is driven by the pulp and paper industry, rising application in mining as an oxidizing agent, leather tanning, and dye manufacturing, in addition to its uses in water treatment. It is estimated that the pulp and paper industry use 90% of all sodium chlorate produced worldwide to manufacture chlorine dioxide, a highly essential ingredient utilized in elemental chlorine-free pulp bleaching. Between 2021 and 2022, the exports of sodium chlorate grew the fastest in China summing up to USD 28.8 million, and the fastest-growing was Brazil with imports of USD 15.3 million.
