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Sodium Chlorite Market Poised for Steady Growth Driven by Expanding Disinfection Applications
Sodium Chlorite Market
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Market Overview and Trends
Sodium chlorite is a versatile chemical compound with bleaching and oxidizing properties. Its primary applications include:
Disinfection: A powerful disinfectant used in water treatment plants, food processing facilities, and industrial settings.
Bleaching: Employed in the pulp and paper industry, textile manufacturing, and food processing for bleaching purposes.
Water Treatment: Plays a crucial role in eliminating harmful microorganisms and improving water quality.
The increasing demand for safe drinking water and hygiene practices across the globe is a key driver propelling the sodium chlorite market. Additionally, the rising awareness regarding food safety regulations is fostering the use of sodium chlorite as a disinfectant in the food and beverage industry.
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SWOT Analysis: Unveiling the Market Landscape
Strengths:
Versatile applications across various industries
Effective disinfectant and bleaching properties
Environmentally friendly alternative to some traditional bleaching agents
Weaknesses:
Potential health hazards associated with improper handling
Corrosive nature necessitates careful storage and transportation
Opportunities:
Growing demand for sustainable disinfection solutions
Expanding application areas in the healthcare sector
Rising investments in water treatment infrastructure in developing economies
Threats:
Fluctuations in raw material prices
Stringent environmental regulations concerning chlorate discharge
Development of substitute disinfection technologies
Strategic Developments and M&A Activity
The application of sodium chlorite as a disinfectant contributed to the largest market share in 2019 and is projected to witness a growth rate of 5.7% in the forecast period.
The online distribution channel is likely to observe a growth rate of 10.9% in the forecast period.
The paper industry contributed to the second-largest market share in 2019 and is forecasted to reach a market size of about USD 55.0 Million by 2027.
Europe is estimated to witness a growth rate of 5.9% in the period 2020-2027.
Companies considered and profiled in this market study
Airedale Chemical Company Limited, Nanjing Kaimubo Pharmatech Company Limited, Debyesci, Sigma-Aldrich Co. LLC, Tractus Company Limited, Finetech Industry Limited, Alfa Aesar, Shandong Gaomi Gaoyuan Chemical Industry Co., Ltd., E. I. du Pont de Nemours and Company, and American Elements, has been profiled in the report.
Segments Covered in the report
This report forecasts revenue growth at a global, regional & country level and provides an analysis of the market trends in each of the sub-segments from 2018 to 2027. The scope of the report can be defined as:
For the purpose of this report, Reports and Data has segmented into the global sodium chlorite market on the basis of application, distribution channel, end-use, and region:
Application Outlook (Revenue, USD Billion; 2017-2027)
Disinfectant
Bleaching Agent
Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Online
Offline
End-Use Outlook (Revenue, USD Billion; 2017-2027)
Water Treatment
Paper
Textile
Medical
Others
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
U.S
Canada
Europe
Germany
U.K
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
South Korea
Rest of APAC
MEA
Saudi Arabia
UAE
Rest of MEA
Latin America
Brazil
Rest of LATAM
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