Global Sodium Chlorate Market to Reach 4.7 Million Tons by 2022

Sodium Chlorate is a white crystalline powder with the chemical formula, NaClO3. It is highly soluble in water and decomposes to oxygen and sodium chloride (NaCl) at high temperature. Being hygroscopic in nature, sodium chlorate is majorly used for applications in the bleaching industry. It is also used as a herbicide, as it kills all green plants through root absorption.

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Sodium chlorate has also been used as a chemical intermediate in the manufacture of sodium perchlorate and potassium chlorate. Some other uses of sodium chlorate include leather tanning, manufacture of explosives, fireworks and dyes, and the production of oxygen rescue apparatus. According to a new report by Expert Market Research, the global sodium chlorate market reached a volume of 3.8 Million Tons in 2016 and is further expected to reach 4.7 Million Tons by 2022.

The market of sodium chlorate is mainly driven by the demand for paper pulp bleaching. The implementation of ECF (Environmental Chlorine Free) production process in the paper and pulp industry by governments across the world has resulted in a reduction in the usage of chlorine in the bleaching process. Sodium chlorate releases chlorine dioxide which is considered to be a substitute of chlorine gas as an oxidising agent which does not possess any carcinogenic effects, and has high bleaching and disinfection performance. As a result, the ECF policy is expected to boost the global demand for sodium chlorate in the coming years.

Key findings from the report:

The end-uses of sodium chlorate include pulp and bleaching industry and others. In 2016, pulp and bleaching industry represented the largest end-use segment with the majority of the market share.
Region-wise, the US dominated the market with a share of more than a fifth of the total global production in 2016. It was followed by Canada, China, Finland and Brazil.
The global sodium chlorate market is surrounded by a number of key players. Some of these players include Eka Chemicals, ERCO Worldwide, Canexus, Kemira and China First Chemical Holdings Ltd.

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Expert Market Research has analysed the global sodium chlorate market according to end-use, major regions and top players:

Market breakup by End-use

Pulp and Bleaching Industry
Others

Market breakup by Region

US
Canada
China
Finland
Brazil

Top players

Eka Chemicals
ERCO Worldwide
Canexus
Kemira
China First Chemical Holdings Ltd.

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This release was published on openPR.