Sodium Chlorate Market – Applications in Pulp & Paper Manufacturing Remains Traditional Growth Avenue

Dubai, UAE, 2020-Feb-17 — /EPR Network/ — 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.

Applications in Bleaching Agent Manufacturing Remains a Key Driver

The demand for sodium chlorate is likely to expand at a significant rate owing to its use in the production of bleaching agent. Paper and pulp industry is using sodium chlorate to produce chlorine dioxide, a bleach used in producing high quality and eco-friendly paper products. Demand for sodium chlorate for use in bleaching agent production is likely to surpass 2,700,000 tons by 2018-end.

Highlighting the demand challenges, the report opines that the hazardous nature of sodium chlorate has led to end-users to adopt alternatives that are more environmentally-friendly. The environmental challenges associated with sodium chlorate has led to an increase in the use of enzymes in bleaching agent production. Although uptake of enzymes has grown steadily in textile, home laundering, as well as paper and pulp industries, cost-effectiveness of sodium chlorate remains an advantage.To provide an in-detailed analysis of the potential opportunities, the research report takes into consideration of the several growth factors across different regional segments.

The important geographical segments of the global sodium chlorate market are as follows:

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

The detailed research report on the global sodium chlorate market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes not of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market. The report also offers an in-depth analysis of how the projected growth factors will shape the market dynamics in the coming years of the forecast period. Moreover, it also gives meaningful as well as actionable insights on the key trends that are developing the current market scenario and which will be lucrative for the future of the global sodium chlorate market.

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Paper and Pulp Industry to Account for Largest Share in the Sodium Chlorate Market

In spite of the mounting environmental concerns, paper and pulp industry continues to generate substantial demand for sodium chlorate owing to its easy availability and low-cost. Demand for sodium chlorate is especially pronounced in the US, Japan, and China as these have remained traditional hubs for paper and pulp manufacturing.

According to the Fact.MR report, demand for sodium chlorate from the paper and pulp industry is expected to surpass 3,400,000 tons by 2018 end.

US, China, and India Among Top Markets

North America followed by Asia Pacific Excluding Japan (APEJ) are anticipated to be the most dominating region in the sodium chlorate market. In the US, the demand for cardboard packaging is growing with the rise in e-commerce activities, this is resulting in the significant growth in the paper and pulp industry in the country. Hence, the sodium chlorate market is likely to grow significantly in the region.

Meanwhile, in the APEJ, sodium chlorate is largely used in the production of crackers and fireworks, especially in China. Meanwhile, tissue paper production in China is also growing steadily, thereby, fueling the demand in the sodium chlorate market.

The research report on the global sodium chlorate market also provides an in-detailed analysis of the overall vendor landscape. The report analyzes the key marketing and promotional strategies adopted by the leading companies in the global market. Furthermore, it takes into consideration the existing development, past events, and recent trends to provide a strong and unbiased opinion on the future direction in which these leading companies will be heading into. To back its opinion, the research report covers all the factors and events such as mergers, acquisitions, takeovers, joint ventures, and strategic alliances. It also analyzes the entry barriers and overall intensity of the competition in the global sodium chlorate market. Some of the key players mentioned in the research report are

• AkzoNobel
• American Elements
• Arkema
• Kemira
• Erco Worldwide
• Lantai Industry
• ChemTrade
• Tronox

The research report also offers a great insight on the working dynamics of individual segment of the global sodium chlorate market. The research report covers the business growth opportunities for the following vital segments:

• Paper and Pulp Industry
• Chemical Industry
• Mining Industry

In terms of type of forms, the global sodium chlorate market can be segmented into:

• Crystalline
• Amorphous

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