The sodium chlorate market is projected to witness a sluggish growth, with demand likely to reach 4,000,000 tons by the end of 2018, as per a latest report by Fact.MR. Gains will be driven by steady demand from the paper and pulp industry; however, growing regulations and easy availability of alternatives continue to stymie demand.
The demand for sodium chlorate is likely to expand at a significant rate owing to its use in the production of bleaching agent. Paper and pulp industry is using sodium chlorate to produce chlorine dioxide, a bleach used in producing high quality and eco-friendly paper products. Demand for sodium chlorate for use in bleaching agent production is likely to surpass 2,700,000 tons by 2018-end.
Highlighting the demand challenges, the report opines that the hazardous nature of sodium chlorate has led to end-users to adopt alternatives that are more environmentally-friendly. The environmental challenges associated with sodium chlorate has led to an increase in the use of enzymes in bleaching agent production. Although uptake of enzymes has grown steadily in textile, home laundering, as well as paper and pulp industries, cost-effectiveness of sodium chlorate remains an advantage.
In this sodium chlorate market study, the following years are considered to predict the market footprint:
- History Year: 2013-2017
- Base Year: 2013
- Estimated Year: 2027
- Forecast Year: 2018 – 2027
The business intelligence study of the sodium chlorate market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units). In a bid to recognize the growth prospects in the sodium chlorate market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the sodium chlorate market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:
- North America
- Latin America
- Europe
- Japan
- APEJ
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The key players in the global sodium chlorate market report consist of
- AkzoNobel
- American Elements
- Kemira
- Arkema
- Erco Worldwide
- Lantai Industry
- ChemTrade
- Tronox
Each market player encompassed in the sodium chlorate market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the sodium chlorate market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.
On the basis of application, the global sodium chlorate market report covers the footprint, and consumption of the segments including
- Bleaching agent
- Herbicide
- Oxidizing agent
The global sodium chlorate market covers the demand trends of each end user which includes
- Paper and Pulp Industry
- Chemical Industry
- Mining Industry
What insights readers can gather from the sodium chlorate market report?
- A critical study of the sodium chlorate market on the basis of application, end use industry and region.
- Learn the behavior pattern of every sodium chlorate market player – product launches, expansions, collaborations and acquisitions in the market currently.
- Examine and study the progress outlook of the global sodium chlorate market landscape, which includes, revenue, production & consumption and historical & forecast.
- Understand important drivers, restraints, opportunities, and trends (DROT Analysis).
- Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.
The sodium chlorate market report answers the following queries:
- Which players hold the significant sodium chlorate market share and why?
- What strategies are the sodium chlorate market players forming to gain a competitive edge?
- Why region is expected to lead the global sodium chlorate market?
- What factors are negatively affecting the sodium chlorate market growth?
- What will be the value of the global sodium chlorate market by the end of 2027?
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