Sodium Chlorite Market - Forecast(2017-2025)

Report Code: CMR 0838 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Sodium Chlorite Market size is forecast to reach $239.02 million by 2025, after growing at a CAGR of 3% during 2020-2025. The Sodium Chlorite is expected to grow at a significant rate due to its several practical uses for bleaching and purification application. The biocidal and antimicrobial properties of sodium chlorite are likely to fuel market growth over the forecast period. Sodium chlorite is a derivative of sodium chlorate indirectly. Firstly sodium chlorate is reduced to chlorine dioxide, usually using reduction agents such as sodium sulfite, sulfur dioxide, or hydrochloric acid in a heavy acid solution.

Report Coverage

The report: “Sodium Chlorite Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Sodium Chlorite Industry.


Key Takeaways

  • APAC dominates the Sodium Chlorite market owing to presence of textile, paper & pulp, and medical industry.  
  • Superior antimicrobial, bleaching and disinfectant properties offered by the product is expected to drive its demand in water treatment plants, pulp & paper, medical and textile applications.
  • The Sodium Chlorite market is mostly fragmented market due to the presence of large, medium and small enterprises. Prices of sodium chlorite differ across commercial grades with 80% concentrated being the highest consumed grade amongest all.

Application - Segment Analysis

Antimicrobial agent held the largest share in the Sodium Chlorite market in 2019. Antimicrobial agent prevents and treats the ever-increasing range of infections caused by bacteria, parasites, viruses and fungi in hospital operation theatres, waiting rooms and critical care units. Additionally, they are used in the food and poultry industry. Food antimicrobial are chemical compound present in food packaging, food contact surfaces, food processing environment or added to foods that inhibit the growth of, or inactivate, pathogenic or spoilage microorganisms. Antimicrobials tends to be one of the most important classes of food additives. The R&D on antimicrobials has increased dramatically in past few years as to expand the spectrum of antimicrobial activity over that of the traditional, regulatory-approved substances.

End Use - Segment Analysis

Paper and Pulp segment accounts for the highest market share in the global market. Sodium chlorite is used for chlorine dioxide, which is used as a bleaching agent in paper production. Globally, paper use is steadily increasing, year on year, and recently exceeded 400 million tonnes per year. More than half of the paper consumption occurs in China, the USA and Japan, with another quarter taking place in Europe. Only 2 percent of global paper use accounts for the entire continent of Africa. More than half of the paper used worldwide is for packaging, with growing volumes, this sector has the greatest opportunity for productivity and reduction of waste. The other major end-use industry is water treatment plants. Chlorine dioxide is a potent oxidizing agent, derived from chlorite sodium. The selective reactivity makes chlorine dioxide useful in many water treatment applications which are unsuitable for chlorine and other oxidizing agents. Chlorine dioxide is an extremely effective disinfectant and bactericide, on a mass-dose basis equal to or superior to chlorine.

Geography - Segment Analysis

APAC dominated the Sodium Chlorite market with a share of more than 40%, followed by North America and Europe. The rising pulp & paper industry application in the APAC region is expected to drive the market. It is anticipated that the demand in North America will be powered by high sodium chlorite consumption levels for water treatment. In North America there is a significant need for sustainable, cost effective, and reliable drinking water alternatives that provides safe water supply across the residential and commercial communities. According to International Desalination Association (IDA) approximately 10,000 desalination facility is present worldwide. Each facility has at least one machine is capable for producing more than 13,210 gallons per day using several desalination processes. Out of which 24% of these desalination facility is located in North America where as almost 2,000 are in the U.S.

Drivers – Sodium Chlorite Market

·         The end use industry will fuel the Sodium Chlorite market.

The drivers propelling the sodium chlorite are high demand from end use industry such as paper& pulp industry, medical, and water treatment plants. In addition, the urban population is increasing, which increases the use of sodium chlorite due to water purification coupled with sodium chlorite effectiveness against preventing the progression of lateral sclerosis disease.

Challenges – Sodium Chlorite Market

·         The alternative material can restrict the market growth

The availability of alternatives such as ozone and hydrogen peroxide used for pulp bleaching is expected to hamper the growth of sodium chlorite market. Hydrogen peroxide is chlorine free bleaching agent. It possesses appropriate chemical and mechanical properties to achieve a wide range of brightness in pulp. The use of hydrogen peroxide has increased in the paper and pulp industry due to lower production costs, improved paper quality, increased yield percentage, easy to use and environmental friendly.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Sodium Chlorite market. In 2019, the market of Sodium Chlorite has been consolidated by the top five players accounting for xx% of the share. Major players in the Sodium Chlorite Market are Occidental Chemical Corporation (OxyChem), Alfa Aesar, AkzoNobel N.V., Kemira, Finetech Industry and DuPont, among others.