Global Sodium Chlorite Market, By Raw Materials (Chlorine Dioxide, Sodium Hydroxide, and Hydrogen Peroxide), Process (Chlorine Dioxide Production, Sodium Chlorite Generation, and Recovery), Grade (Dry and Solution), Application (Disinfectant, Antimicrobial Agent, Bleaching Agent, Odour Control and Others), End-Use (Water treatment, Paper, Textile, Medical and Others) – Industry Trends and Forecast to 2030.
Sodium Chlorite Market Analysis and Size
Sodium chlorite is a significant specialty chemical due to its extensive range of applications in industries such as medical, healthcare, water treatment, food & beverages, electronics, and pulp & paper, among others. The “water treatment” is expected to be the fastest growing end uaer segment because approximately 70% of the diseases are associated with impure water conditions and poor sanitation in emerging economies. Improper wastewater disposal from agricultural, residential and commercial sectors is a major issue in all over the globe, which is a major cause of waterborne diseases such as diarrhea, arsenicosis, cholera, anemia, hepatitis and malaria.
Data Bridge Market Research analyses that the sodium chlorite market is expected to reach USD 357.44 million by 2030, which is USD 215.98 million in 2022, registering a CAGR of 6.50% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Sodium Chlorite Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 - 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Raw Materials (Chlorine Dioxide, Sodium Hydroxide, and Hydrogen Peroxide), Process (Chlorine Dioxide Production, Sodium Chlorite Generation, and Recovery), Grade (Dry and Solution), Application (Disinfectant, Antimicrobial Agent, Bleaching Agent, Odour Control and Others), End-Use (Water treatment, Paper, Textile, Medical and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Alfa Aesar (U.S.), Merck KGaA (Germany), Kemira Oyj (Finland), DuPont (U.S.), Akzo Nobel N.V.(Netherlands), Arkema (France), OSAKA SODA (Japan), Carlit Holdings Co., Ltd. (Japan), Parchem Fine & Specialty Chemicals (U.S.), Ercros (Spain), ERCO Worldwide (Canada), Occidental Petroleum Corporation (U.S.), Fengchen Group Co.,Ltd (China), Shandong Gaomi Gaoyuan Chemical Industry Co.,Ltd. (China)
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Market Opportunities
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Market Definition
Sodium chlorite refers to an inorganic chemical compound with the chemical formula of (NaClO3). Sodium chlorite is mainly prepared by the electrolysis of brine solution (NaCl). It is an odourless, pale-yellow crystalline solid and defined as a powerful oxidizing agent that readily dissolves in water. This compound is inflammable in pure form in nature and acts as an extreme combustion in the presence of flammable materials in the decomposition.
Sodium Chlorite Market Dynamics
Drivers
- Increasing usage of sodium chlorite as an antimicrobial agent
Sodium chlorite is being used progressively as an antimicrobial agent in sanitising food abd verages products in the food and beverage industry because it helps preserve food product for a longer time and increases their shelf life, such as in seafood. Furthermore, sodium chlorite-based bleaching agents are recognised due to their superior oxidising properties, such as low degradation and high whiteness which are helpful in the procedure of bleaching fabrics in the textile sector. These factors are expected to contribute to the market growth significantly.
- Increasing usage of sodium chlorite in multiple end use industries
Sodium chlorite is used for numerous purposes such as disinfection and bleaching and has usages in oil and gas, food and beverages, and other industrial sectors. These end user industries use sodium chlorite in numerous ways to make the appropriate usage of resultant product or preserving the final product. For instance, in the food and beverage sector, sodium chloride is used to disinfect containers used to produce and manufacture food products. Furthermore, a large amount of sodium chlorite solution is used in healthcare sector for disinfecting purposes and in the treatment of numerous illnesses, such as arthritis, HIV and common cold. As a result of multiple benefits of sodium chlorite, it has been used by many end use industries to a large amount which is expected to be the major factor for the market growth in the estimated period.
Opportunities
- Growing demand of sodium chlorite for the waste water treatment
Most of the economies all over the globe are highly focusing on conserving fresh water. Numerous government authorities are focusing more on treating wastewater to supply fresh water to the respective regions' populations. Treatment of wastewater is a significant function because the demand for drinking or fresh water has grown faster. Growing demand for urgency of treating wastewater and drinking water across the globe is expected to create ample and new opportunities for the growth of the market during the forecast period. For instance, India constructed a largest sewage treatment plant in May 2019, at Okhla. This plant will be capable to treat 124 million gallons of wastewater every day and will come up at a price of Rs 1,161 crore in three years.
Restraints/ Challenges
- Stringent environmental rules and regulation associated with sodium chlorite
Safety can only be measured in relative terms. Sodium chlorite adversely impacts the environment. Numerous environment regulations for the usage of sodium chlorite is projected to hamper the growth of the market in the estimated period. Sodium chlorite can also affect soil density and soil structure, which can reduce moisture retention, permeability and fertility. In addition. As a result of adverse effects of sodium chlorite on the environment, most organizations do not prefer the usage of this compound which is predicted to be the biggest and foremost restraint for the market during forecast period.
This sodium chlorite market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sodium chlorite market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Analysis on Global Sodium Chlorite Market
The outbreak of coronavirus pandemic has positively affected the growth of the global sodium chlorite market. The sodium chlorite market is expected to grow immensely due to increasing usage of sodium chlorite in healthcare sectors for the treatment of patients affected by COVID-19 disease. Sodium chlorite compound is given to patients for gargling and there are many more usages. Furthermore, sodium chlorite is also used to disinfect certain surfaces. As a result of all these factors, the demand for the sodium chlorite is projected to grow and have a positive effect on the market at the time of the pandemic.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Sodium Chlorite Market Scope
The sodium chlorite market is segmented on the basis of raw materials, process, grade, application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Raw Materials
- Chlorine Dioxide
- Sodium Hydroxide
- Hydrogen Peroxide
Process
- Chlorine Dioxide Production
- Sodium Chlorite Generation, and Recovery
Grade
- Dry
- Solution
Application
- Disinfectant
- Antimicrobial Agent
- Bleaching Agent
- Odour Control
- Others
End-Use
- Water treatment
- Paper
- Textile
- Medical
- Others
Sodium Chlorite Market Regional Analysis/Insights
The sodium chlorite market is analyzed and market size insights and trends are provided by country, raw materials, process, grade, application and end-use as referenced above.
The countries covered in the sodium chlorite market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to dominate the sodium chlorite in terms of revenue growth and market share because of high consumption levels of sodium chlorite for waste water treatment in the region.
Europe in anticipated to be the fastest growing region in sodium chlorite market during the forecast period of 2023-2030 owing to the high consumption of this chemical in this region for various purposes.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sodium Chlorite Market Share Analysis
The sodium chlorite market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sodium chlorite market.
Some of the major players operating in the sodium chlorite market are:
- Alfa Aesar (U.S.)
- Merck KGaA (Germany)
- Kemira Oyj (Finland)
- DuPont (U.S.)
- Akzo Nobel N.V. (Netherlands)
- Arkema (France)
- OSAKA SODA (Japan)
- Carlit Holdings Co., Ltd. (Japan)
- Parchem Fine & Specialty Chemicals (U.S.)
- Ercros (Spain)
- ERCO Worldwide (Canada)
- Occidental Petroleum Corporation (U.S.)
- Fengchen Group Co.,Ltd (China)
- Shandong Gaomi Gaoyuan Chemical Industry Co.,Ltd. (China)
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