Global Sodium Chlorate Market 2017-2021
About Sodium Chlorate
Sodium chlorate (NaCIO3) is an inorganic compound that exists as a pale yellow to white colored crystalline powder. It is soluble in water and is hygroscopic in nature. It is available as dust, spray, and/or granules. Sodium chlorate is manufactured by electrolyzing sodium chloride (brine). This inorganic compound is primarily used in the paper and pulp industry for making chlorine dioxide, which is an environment-friendly bleaching agent. It gives optimum brightness to the paper.
Technavio’s analysts forecast the global sodium chlorate market to grow at a CAGR of 3.99% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global sodium chlorate market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Sodium Chlorate Market 2017-2021
Technavio recognizes the following companies as the key players in the global sodium chlorate market: Arkema, Akzo Nobel, Chemtrade, Kemira, and Superior Plus.
Other Prominent Vendors in the market are: Alfa Aesar, Arjun Chemicals, Continental Hope Singapore, Ercros, Fuzhou Yihua Group, Gujarat Alkalies and Chemicals Limited, Inner Mongolia Lantai Industrial, SHOWA DENKO, Shree Chlorates, and Teamec Chlorates.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing use of sodium chlorate in surface treatment of metals. Surface treatment of metals is a common procedure carried out in various industries including automotive, construction, container, electrical, medical, industrial equipment, chemical laboratories, and aerospace. Sodium chlorate is gaining popularity in the surface treatment of metal applications.”
According to the report, one driver in the market is increasing demand from paper and pulp industry. The increasing digitization has reduced the use of printing paper. However, the paper and pulp industry is still growing due to the increased use of tissue paper and packaging paper. Tissue papers are available in different types of tissue paper such as toilet papers, facial tissues, hand towels, and paper handkerchiefs, which are widely used in offices, restaurants, and households. This is driving the demand for pulp, ultimately driving the demand for sodium chlorate as it is used to produce chlorine dioxide, which is the bleaching agent for pulp.
Further, the report states that one challenge in the market is presence of many substitutes of sodium chlorate. In the paper and pulp industry, bleaching is done to increase the brightness (white color) of the paper obtained from the pulp. There are different types of pulp, and they require different processes of bleaching and different bleaching chemicals as well. In case of mechanical pulps, which contain a huge amount of lignin, the main focus of bleaching is to remove only chromophores (color causing groups). Alkaline hydrogen peroxide is the commonly used bleaching agent in case of mechanical pulp.
Arkema, Akzo Nobel, Chemtrade, Kemira, Superior Plus, Alfa Aesar, Arjun Chemicals, Continental Hope Singapore, Ercros, Fuzhou Yihua Group, Gujarat Alkalies and Chemicals Limited, Inner Mongolia Lantai Industrial, SHOWA DENKO, Shree Chlorates, and Teamec Chlorates.
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