Sodium Chlorate Market: Sodium Chlorate in Crystalline Form to Account for the Highest Share

Posted on 2019-07-10 by Mark Hub in Industrial // 0 Comments

Rockville, USA, 2019-Jul-10 — /EPR Network/ — The report on the sodium chlorate market offers a detailed analysis of the market in various regions along with key-insights. The report also focuses on important factors influencing the growth of the sodium chlorate market. Some of these factors include new developments, regulations across regions, on-going research and development activities, and use of new technologies in the sodium chlorate market by manufacturers. Fact.MR has actively published a new research study titled Sodium Chlorate Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2027 to its broad online database. This assessment works to discourse the major trends, opportunities and drivers motivating the Sodium Chlorate Market during the period between 2018-2027. The insights structured for presenting the target market are procured from both primary research and secondary research, and are utilized for validation that is valuable to investors, manufacturers and new entrants.

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The sodium chlorate market is projected to witness a sluggish growth, with demand likely to reach 4,000,000 tons by the end of 2018, as per a latest report by Fact.MR. Gains will be driven by steady demand from the paper and pulp industry; however, growing regulations and easy availability of alternatives continue to stymie demand.

Majority of the industries are using sodium chlorate in its crystal form due to the fact that it is not flammable. Manufacturers in the sodium chlorate market also supply sodium chlorate mostly in the crystalline form with proper packaging in order to avoid excessive heat that may release oxygen gas, resulting in fire and explosions. Packaging materials such as special sacks, drum, and hopper truck are used to pack and deliver sodium chlorate crystals.

Sodium Chlorate in Crystalline Form to Account for the Highest Share

Sodium chlorate is mostly found and used in form of white crystalline material. These crystals look similar to table salt. Moreover, in crystal form sodium chlorate is stable at the temperature up to 250?C. However, above this temperature, it starts decomposing slowly and steadily forming sodium chloride and oxygen.

Market Structure

The sodium chlorate market has been segmented into application, form, end-use industry, and region. These key segments are further bifurcated into the sub-segments providing better insights of the sodium chlorate market.

Based on the form, the market is segmented into amorphous and crystalline. In terms of the application, the sub-segments include bleaching agent, oxidizing agent, herbicide, and other applications. By end-use industry, market is further segmented into chemical industry, paper and pulp industry, mining industry, and other end-use industries.

According to Fact.MR, metal drums with plastic liner are largely preferred packaging for sodium chlorate. The report finds that sodium chlorate is also finding large application in the production of sodium perchlorate which is used as an unreactive electrolyte in standard DNA extraction, and used in medicine to block iodine uptake..

Competitive Landscape

The report on the sodium chlorate market offers detailed profiles of the leading companies in the market. The report also provides a dashboard view of major players along with the SWOT analysis. Market share, key developments, business strategies, and product portfolio of the key players are also offered in the report on sodium chlorate market.

Companies operating in the sodium chlorate market are focusing on new product launches, and mergers and acquisitions in order to expand globally. For instance, Arkema has acquired Afinitica, adhesives manufacturer in Spain. Arkema, through the acquisition, plans to stronghold its position in the adhesives market.

AkzoNobel has completed the acquisition of Colourland Paints Sdn Bhd. The company plans to accelerate its development and build a strong position in Malaysia.

Kemira has increased the price of all coagulant products across all the segments in the EMEA region. High freight rate and shortage of raw materials due to tight supply situation are some of the reasons for price increase in the region.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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