Sodium Chlorate Market Price Trends, Demand, Industry Analysis, Business Opportunities and Forecast till 2025

According to IMARC Group’s recently published report titled “Sodium Chlorate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global sodium chlorate market is further projected to reach a volume of around 5.1 Million Tons by 2025, exhibiting a CAGR of 2.9% during 2020-2025.

Sodium chlorate, with the formula NaClO3, is an odorless, pale-yellow crystalline solid that is manufactured by the electrolysis of NaCl brine. It acts as an extreme combustion accelerant in the presence of flammable materials during decomposition.

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Market Trends

The market is primarily driven by the extensive application of sodium chlorate across various industries. Owing to its oxidizing properties, sodium chlorate is utilized in the production of chlorine dioxide, an eco-friendly bleaching agent, for manufacturing high quality and Elemental-Chlorine Free (ECF) paper products. Apart from this, in the agriculture industry, it is used as a spot treatment solution for serious perennial weeds, such as Canada thistle, Johnson grass and morning glory, and vegetation control on roadsides by killing weeds and undesirable foliage. Some of the other applications of sodium chlorate are tanning and finishing leather, manufacturing dyes, synthesizing various chemical processes like uranium and vanadium mining, surface treatment of metals and breathing apparatus for mine rescue crew and firefighters. Such innumerable applications of sodium chlorate, along with its cost-effectiveness and easy availability, are expected to further create a positive outlook for its market in the coming years.

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Physical and Chemical Properties
4.3 Key industry Trends
5 Global Sodium Chlorate Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Form
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Price Analysis
5.6.1 Key Price Indicators
5.6.2 Price Structure
5.6.3 Price Trends
5.6.4 Margin Analysis
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Feedstock Exploration
5.9.2 Mining and Extraction
5.9.3 Sodium Chloride Manufacturers
5.9.4 Sodium Chlorate Manufacturers
5.9.5 Distributors
5.9.6 Exporters
5.9.7 End-Use Industries
5.10 Porter’s Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 Trade Data
5.11.1 Imports
5.11.2 Exports
5.12 Key Market Drivers and Success Factors
6 Market Breakup by Form
6.1 Crystalline
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Solution
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Pulp and Bleaching Industry
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Chlorates of Other Metals
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Leather Tanning
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Dyes
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 Canada
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 United States
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 China
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Finland
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Brazil
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Competitive Landscape
9.1 Market Structure
9.2 Capacities of Key Players
9.3 Key Player Profiles
10 Sodium Chlorate Manufacturing Process
10.1 Product Overview
10.2 Chemical Reactions Involved
10.3 Detailed Process Flow
10.4 Raw Material Requirements
10.5 Mass Balance and Feedstock Conversion Rates
11 Sodium Chlorate: Feedstock Analysis
11.1 Sodium Chloride
11.1.1 Market Performance Volume Trends Value Trends
11.1.2 Price Trends
11.1.3 Market Breakup by Region
11.1.4 Market Breakup by Application
11.1.5 Capacities of Key Manufacturers

Some of the leading players operating in the market are:

Eka Chemicals
Erco Worldwide
Canexus (TSE: CUS.UN)
Kemira Oyj (HEL: KEMIRA)
China First Chemical Holdings Limited (HKG:2121)

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