Sodium Chlorite Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMCH2073 | Last Updated On: Jan 17 2023 | Available Formats

> Global Sodium Chlorite Market Expected to reach a high CAGR of 6.1% By 2029: DataM Intelligence

Global Sodium Chlorite Market is segmented By Foam (Solid, Liquid), By End User (Pulp and Paper, Chemical Engineering, Metallurgy, Fertilizer industry, Food and Beverages, Pharmaceutical, Water Treatment), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

The Global "Sodium Chlorite Market" is expected to grow at a CAGR of 6.1% during the forecasting period (2022-2029).

Sodium Chlorite Market Scope

Metrics

Details

Market CAGR

6.1%

Segments Covered

 By Form,By End User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Sodium chlorite is an inorganic sodium salt in which chlorite is the counterion. It has a role as an oxidizing agent. which is difficult to burn, but accelerates the burning of organic substances. This chemical Forms explosive mixtures with certain combustible materials and can explode under prolonged exposure to heat or fire. Sodium chlorite is used in water purification, to bleach wood pulp, textile, fats, oils, and for many other uses.

Sodium Chlorite market is divided into form, and application. By form the market is divided into liquid, and solid. Whereas by end user the market is categorized into pulp and paper, chemical engineering, metallurgy, fertilizer industry, food and beverages, pharmaceutical, water treatment, and Others.

Hence due to fact that growing need for effective use of water resources is driving demand for chemical for wastewater treatment application in developing economies is a major factor expected to drive revenue growth of global sodium chlorite market over the forecast period. Moreover, growing healthcare and sanitation industry are other factors expected to drive revenue growth of target market over the next 10 years.

Sodium Chlorite Market Dynamics

Current water withdrawal is estimated at 4,500 km3. This trend is likely to continue in the coming years, with withdrawals reaching 6,900 km3 in 2030.5 Such growth in demand can be explained by persistent population growth as well as higher per capita water consumption resulting from improved living standards Water withdrawal has risen sharply in in developing countries. In many countries, wastewater is not adequately treated before being channeled back into the water cycle. These countries therefore have to cope with the negative impacts of water pollution on human health and the environment. According to the Millennium Development Goals (MDG), about 2.5 billion people worldwide have no access to adequate sanitation. The situation is particularly critical in Africa, Southeast and Central Asia and parts of South America.  

 Due to water shortage, wastewater reuse will likely to gain great importance in many parts of the world. Wastewater reuse practices will become valuable source in water resources management. Many small businesses generate wastewater that must be discharged or treated in accordance. Almost all wastewater reuse guidelines and regulations are bacteriological-based. Some of them consider biochemical parameters.

Hence due to fact that growing need for effective use of water resources is driving demand for chemical for wastewater treatment application in developing economies is a major factor expected to drive revenue growth of global sodium chlorite market over the forecast period. Moreover, growing healthcare and sanitation industry are other factors expected to drive revenue growth of target market over the next 10 years.

Sodium Chlorite Market Segment Analysis

By End user, the Sodium Chlorite market is segmented into pulp and paper, Chemical Engineering, Metallurgy, Fertilizer industry, Food and Beverages, Pharmaceutical, Water Treatment and others.  The global sodium chlorite market size for water treatment end use was worth USDXX million in 2018 and is estimated to reach USDXX million by 2026, at a CAGR of XX% during the forecast period.

Sodium chlorite is used in producing chlorine dioxide, or bleaching textiles, fiber, paper pulp, sand sugar, flour, wax, certain metal surface treating, drink water and waste water purification and more. 

Among the applications sodium chlorite is majorly used in cooling water, municipal water treatment plants and recycled water treatment. While it is also widely applied in the petroleum, chemical engineering, metal lurgy, oil field, fertilizer industry and is proved to have good effect. The product is also used in food, pharmaceutical, environment protection applications.

Sodium Chlorite Market Geographical Analysis

The Asia Pacific Sodium Chlorite market size was worth USD XX million in 2018 and is estimated to reach USD XX million by 2026, at a CAGR of XX % during the forecast period.

Asia Pacific was the largest market shareholder of the global sodium chlorite market in 2018, accounting for XX% of the overall market revenue in 2018. The rising pulp & paper industry application in the region is expected to drive the market.

The consumption of the chemical in Europe is very high as compared to the domestic production. The demand in the region was primarily met through the imports from Asian manufacturers. China has been a key sodium chlorite supplier in the region, and this trend is expected to continue over the forecast period.

Availability of land, low raw material, and labor cost along with the favorable government outlook are the key factors associated with high production volumes of sodium chlorite in China. Numerous small-scale and medium-scale manufacturers in China contribute to the production volumes offered by the country in the domestic as well international market.

The industry players are concentrated in Asia Pacific region owing to the ease of raw material availability, favorable government scenario, and high-end- use demand. The companies in this region face high competitive rivalry as the market players offer their product at competitive pricing

Sodium Chlorite Companies and Competitive Landscape

The Sodium Chlorite market is competitive with existing players in the market. Some of the major players include Occidental Petroleum Corporation, Dongying Shengya Chemical Co Ltd., DowDuPont, Airedale Chemical Company, Kemira Oyj, Alfa Aesar, American Elements, ERCO Worldwide, Inner Mongolia Lantai Industrial Co., Ltd, and Haohua Honghe Chemical Co., Ltd.

The industry players are concentrated in Asia Pacific region owing to the ease of raw material availability, favorable government scenario, and high-end- use demand. The companies in this region face highly competitive rivalry as the market players offer their product at competitive pricing. Geographical reach is an important parameter for the players, which helps them strengthen their presence in the market.

Why Purchase the Report?

  • Visualize the composition of the Sodium Chlorite in terms of  form, and end user highlighting the key commercial assets and players.
  • Identify commercial opportunities in Sodium Chlorite market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of Sodium Chlorite market - level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The Sodium Chlorite report would provide an access to an approx, 23 data tables, 35 figures and 185 pages.

Target Audience

Frequently Asked Questions

What is the Projected CAGR value of the Sodium Chlorite Market?

Sodium Chlorite Market is expected to grow at a CAGR of 6.1% during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Sodium Chlorite Market during 2022-2029.

Which is the fastest growing region in the Sodium Chlorite Market?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period.

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