Global Sodium Chlorite Market, Size, Trends, By Raw Materials (Chlorine Dioxide, Sodium Hydroxide, and Hydrogen Peroxide), By Process (Chlorine Dioxide Production, Sodium Chlorite Generation, and Recovery), By Application (Disinfectant, Antimicrobial Agent, Bleaching Agent, Odour Control and Others), By End-Use(Water treatment, Paper, Textile, Medical and Others) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Sodium Chlorite Market
With a CAGR of 5.53 % from 2023 to 2030, the Global Sodium Chlorite Market, is expected to grow from its estimated value of US$ 216 Mn in 2022 to US$ 360 Mn by 2030.
An inorganic chemical substance with the chemical formula (NaClO3) is referred to as sodium chlorite. The electrolysis of brine solution (NaCl) is the primary method for producing sodium chlorite. It is a potent oxidising agent that rapidly dissolves in water and is described as being an odourless, pale-yellow crystalline solid. This substance works as an intense combustion when combustible ingredients are present during the decomposition even if it is inflammable in its pure form in nature.
Market Drivers
Because it helps preserve food goods for a longer time and enhances their shelf life, such as in seafood, sodium chlorite is being utilised increasingly as an antibacterial agent in sanitising food and beverage products. Additionally, sodium chlorite-based bleaching agents are renowned for their exceptional oxidising qualities, such as low degradation and high whiteness, which are beneficial in the bleaching process of fabrics in the textile industry. These elements are anticipated to have a substantial impact on market growth.
Numerous uses of sodium chlorite, including disinfection and bleaching, can be found in the oil and gas, food and beverage, and other industrial sectors. These end-user industries employ sodium chlorite in a variety of ways to preserve the finished product or use it appropriately. For example, in the food and beverage business, sodium chloride is utilised to disinfect containers used in the production of food products. Additionally, a significant volume of sodium chlorite solution is utilised in the healthcare industry for cleaning and the treatment of several ailments, including rheumatoid arthritis, HIV, and the common cold.
The numerous advantages of sodium chlorite have led to its widespread application in a variety of end-use sectors, which is anticipated to be a key driver of market expansion over the foreseeable future.
Market Restraints
Safety may only be evaluated compared to other factors. The ecosystem is negatively impacted by sodium chlorite. The market is expected to have slow growth throughout the predicted time due to a number of environmental rules regarding the use of sodium chlorite. In addition, sodium chlorite can change soil density and structure, which can lessen soil fertility, permeability, and moisture retention. Aside from. Most organisations do not favour the use of sodium chlorite because of its negative environmental implications, which are anticipated to be the biggest and primary market restraint during the projected period.
Market Segmentation
The scope of the Global Sodium Chlorite Market, covers segmentation based on By Raw Materials, By Process, By Application, By End-Use and By Region.
By Raw Materials, the market is segmented into Chlorine Dioxide, Sodium Hydroxide, and Hydrogen Peroxide. By Process, the market is segmented into Chlorine Dioxide Production, Sodium Chlorite Generation, and Recovery. By Application, the market is segmented into Disinfectant, Antimicrobial Agent, Bleaching Agent, Odour Control and Others. By End-Use, the market is segmented into Water treatment, Paper, Textile, Medical and Others.
Regional Analysis
The Global Sodium Chlorite Market, is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Due to the region's high sodium chlorite consumption rates for waste water treatment, Asia-Pacific is predicted to dominate the sodium chlorite market in terms of revenue growth and market share.
Due to the significant use of this chemical in this area for a variety of uses, Europe is predicted to experience the quickest growth in the sodium chlorite market during the forecast period.
Key Players
Alfa Aesar, Merck KGaA, Kemira Oyj, DuPont, Akzo Nobel N.V., Arkema, OSAKA SODA, Carlit Holdings Co., Ltd., Parchem Fine & Specialty Chemicals, Ercros.
Market Taxonomy
By Raw Materials
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook