The global sodium chlorite market is expected to reach USD 256.4
million by 2025, growing at a CAGR of 6.0%, according to a new report by Grand
View Research, Inc. Superior antimicrobial, bleaching and disinfectant
properties offered by the product is expected to drive its demand in water
treatment, pulp & paper, medical and textile applications.
Sodium chlorite
manufacturers compete on the basis of product price, grades, and their global
reach. Chinese companies are the price settlers for the product as the region
dominates the production in the world. Increasing raw material prices coupled
with competitive pricing in the industry are expected to hamper the profit
margins for the players.
The product has been
labelled as a hazardous material under USDOT regulations (49 CFR) and has to
adhere to all 49 CFR regulations, which makes the shipping of the chemical an
expensive proposition. Thus, shipping smaller quantities of the product is not
a cost-effective practice, which compels manufacturers to trade their products
in bulk quantities.
Further key findings from the report suggest:
· The demand for the chemical as a
disinfectant was valued at USD 92.7 million in 2016, and is expected to grow
over the projected to period, owing to its increasing penetration in water
treatment and medical application
· Water treatment was the largest application
for the product accounting for 53.2% of the overall demand in 2016. Excellent
biocidal and antimicrobial properties associated the product is expected to
propel its demand in water treatment application
· The demand for the product in textile
industry is expected to grow at a CAGR of 6.3% from 2017 to 2025, owing to its
emergence as an excellent source for chlorine dioxide, which is a key bleaching
agent required during fabric manufacturing
· Asia Pacific dominated the industry
accounting over 75% of the global production, with China being the largest
producer in the region. Rapid growth of domestic pulp & paper and water
treatment industries in the region is expected to surge domestic consumption
· North America is expected to witness a
growth of 5.4% from 2017 to 2025 owing to rising government focus to improve
water and wastewater treatment processes in the region
· OxyChem dominates the industry in the North
America, as it the only producer of the chemical in the U.S. The company owns
manufacturing facility for the product in Wichita, Kansas, wherein they produce
both solid and liquid grades of the product
· The key players involved include DuPont,
ERCO Worldwide, Occidental Petroleum Corporation (OxyChem) and American
Elements
Grand View Research has
segmented the global sodium chlorite market on the basis of application,
end-use and region:
Application Outlook (Volume, Tons; Revenue, USD
Thousands, 2012 - 2025)
·
Disinfectant
·
Antimicrobial agent
·
Bleaching agent
·
Others
End- Use Outlook (Volume, Tons; Revenue, USD Thousands,
2012 - 2025)
·
Water treatment
·
Paper
·
Textile
·
Medical
·
Others
Regional Outlook (Volume, Tons; Revenue, USD Thousands,
2012 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East
·
Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
