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Sodium Chlorite Market Share to Reach USD 323.2 Million by 2027 | Reports And Data

Sodium Chlorite Market Share to Reach USD 323.2 Million by 2027 | Reports And Data
“Sodium Chlorite Market”
Surging demand for sodium chlorite in water treatment plants is a significant factor influencing the market growth.

The global sodium chlorite market is forecasted to reach USD 323.2 Million by 2027, according to a new report by Reports and Data. The sodium chlorite market is observing high growth attributed to its increasing application in water treatment. Sodium chloride leads to the generation of chlorine dioxide, a powerful oxidant whose selective reactivity enables it to be beneficial in various water treating applications where several oxidants, including chlorine, are found to be inappropriate. Chlorine dioxide is an exceptionally effective disinfecting agent and germicide, and on a mass dosage basis, it is either equivalent to or better than chlorine. Also, chlorine dioxide is economical and effective in disinfection and preoxidation.

Sodium chlorite solutions find usage in disinfecting several surface types in medical labs, hospitals, nursing homes, and doctors’ chambers to contain the infection spread among patients, occupants, and workers. Further, sodium chlorite is garnering significant traction as a health supplement and treating several diseases, comprising common cold, malaria, arthritis, cancer, HIV, and hepatitis.

Key participants include Airedale Chemical Company Limited, Debyesci, Sigma-Aldrich Co. LLC, Tractus Company Limited, Alfa Aesar, Shandong Gaomi Gaoyuan Chemical Industry Co., Ltd., E. I. du Pont de Nemours and Company, Finetech Industry Limited, Nanjing Kaimubo Pharmatech Company Limited, and American Elements, among others.

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The COVID-19 impact:

The COVID-19 pandemic is having a significant impact on the sodium chlorite industry. Demand for the product is suffering severe shocks across various end-use markets, worldwide supply chains are upset, and the competitive order of manufacturers/producers has witnessed a change. The shortage of demand has fast-tracked the global chemical sector into an oversupply situation. Movement restrictions appear to be a direct and immediate effect, and once the compulsory social distancing ends, it is expected things would get back to normal conditions.

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)

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  • North America
  • Europe
  • Asia Pacific
  • MEA
  • Latin America

 

Further key findings from the report suggest

  • Larger sodium chlorite concentrations normally finds usage in industrial applications, including bleaching & stripping in the pulp and paper industry.
  • Sodium chlorite is an exceptional bleaching agent for in textiles comprising cotton bast fibers (such as hemp, jute, flax, and ramie), and man-made fibers,
  • The medical end-use is likely to grow at a significant rate in the forecast period. Sodium chlorite received approval in the EU as an orphan drug for treating ALS (amyotrophic lateral sclerosis).
  • The market in the Asia Pacific region dominated the market in 2019 due to the growth of the pulp & paper and textile industry. Surging demand for sodium chlorite in the treatment of wastewater in nations including India, China, Japan, and Indonesia in the region is also causative of the high market demand. Besides, the easy availability of raw materials drives the growth of the APAC region’s sodium chlorite industry.

 

Table of Content:

Chapter 1.    Market Synopsis
    1.1.    Market Definition
    1.2.    Research Scope & Premise
    1.3.    Methodology
    1.4.    Market Estimation Technique
Chapter 2.    Executive Summary
    2.1.    Summary Snapshot, 2019-2027
Chapter 3.    Indicative Metrics
Chapter 4.    Sodium Chlorite Market Segmentation & Impact Analysis
    4.1.    Sodium Chlorite Market Material Segmentation Analysis
    4.2.    Industrial Outlook
         4.2.1.    Market indicators analysis
         4.2.2.    Market drivers analysis
                 4.2.2.1.    Surging demand in water treatment plants
                 4.2.2.2.    Growing application in the healthcare sector
                 4.2.2.3.    Growing usage in the textile industry
                 4.2.2.4.    Growing demand from the emerging economies
        4.2.3.    Market restraints analysis
                 4.2.3.1.    Availability of substitutes
   4.3.    Technological Insights
   4.4.    Regulatory Framework
   4.5.    ETOP Analysis
   4.6.    Porter’s Five Forces Analysis
   4.7.    Competitive Metric Space Analysis
   4.8.    Price trend Analysis
   4.9.    Customer Mapping
   4.10.    Covid-19 Impact Analysis
   4.11.    Global Recession Influence

Continued…

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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