Global Sodium Chlorate Market to Reach USD 5.2 Billion by 2033, Catalyzed by Growing Demand for Eco-Friendly Paper Products

December 09, 2024 | Chemical & Materials

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According to the latest report by IMARC Group, titled "Sodium Chlorate Market Report by Form (Crystalline, Solution), Application (Pulp and Bleaching Industry, Chlorates of Other Metals, Leather Tanning, Dyes, and Others), and Region 2025-2033," the global sodium chlorate market reached a value of USD 3.5 Billion in 2024. Sodium chlorate (NaClO₃) is an inorganic compound produced by the electrolysis of brine in the presence of sodium dichromate as a catalyst and hydrochloric acid (HCL) as a pH regulator. It is available in an odorless crystalline solid form that is characterized by a pale yellow to white color. Easily dissolvable in water, its pure form is non-combustible in nature but is known to act as a combustion accelerant in the presence of flammable materials. Since it also acts as oxidizing and bleaching agents, the chemical compound is extensively used for the production of herbicides, dyes, inks, cosmetics, paper and leather.

Global Sodium Chlorate Market Trends:

The market is primarily driven by the growing demand for chlorine dioxide, especially from the developing economies. Sodium chlorate is widely used for the on-site generation of chlorine dioxide that is an environment-friendly bleaching agent. It is further used to manufacture Elemental-Chlorine Free (ECF) paper products that are gaining widespread preference among the masses. Apart from this, the compound is used as a non-selective contact herbicide and defoliant on account of its phytotoxic in nature. As a result, it is employed for spot treatment of perennial weeds for vegetation control on roadsides and fence ways. The market is further driven by the growing utilization of sodium chlorate as an oxidant in the mining sector for extracting vanadium and uranium. Some of the other factors contributing to the market growth include its increasing utilization in the manufacturing of dyes, leather and breathing apparatus, and the easy availability of raw materials (sodium chloride and water) for its production. On account of the aforementioned factors, the market is expected to reach a value of USD 5.2 Billion by 2033, exhibiting a CAGR of 4.6% during 2025-2033.

Market Summary:

On the basis of the form, the market has been bifurcated into crystalline and solution. Among these, crystalline sodium chlorate accounts for the majority of the overall market share.
Based on the application, the pulp and bleaching industry exhibits a clear dominance in the market. The other application segments include chlorates of other metals, leather tanning, dyes and others.
On the geographical front, Canada holds the leading position in the market. Some of the other major regions include the United States, China, Finland, Brazil and others.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Eka Chemicals, Erco Worldwide, Canexus, Kemira Oyj, and China First Chemical Holdings Limited.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million Tons, Billion USD
Segment Coverage	Form, Application, Country
Countries Covered	Canada, United States, China, Finland, Brazil, Others
Companies Covered	Eka Chemicals, Erco Worldwide, Canexus, Kemira Oyj and China First Chemical Holdings Limited
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Sodium Chlorate Market to Reach USD 5.2 Billion by 2033, Catalyzed by Growing Demand for Eco-Friendly Paper Products

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