Sodium Chlorate Market will witness a substantial growth by 2025 Sodium Chlorate Market
Global Sodium Chlorate Market will witness a
substantial growth by 2025: Global Market Insights
Inc.
According to new Global Market Insights, Inc, chemical research report Sodium
Chlorate Market size is predicted to witness steady growth during the forecast period
on account of easy availability of raw materials. Its key growth drivers includes growing
demand from paper & other end use industries for the manufacture of chemicals,
agricultural & mining products. It is used for making chlorine dioxide, which is used as
bleaching agent in the production of bleached pulp. The demand of sodium chlorate
is steady regardless of the government regulations on its use in manufacturing
industries as manufacturers are focusing on efficient, cost-effective, and eco-friendly
processes of generating chlorine dioxide from NaClO3.
Sodium chlorate, an inorganic composite, is manufactured by electrolysis of NaCl
(brine) and has the ability to hold water molecules at room temperature. It is an
odorless, crystalline powder, white to yellow in color, soluble in water and decomposes
at temperature more than 300 °C to discharge oxygen and produces salt (sodium
chloride). It is produced in bulk and holds major application in bleaching. It is also used
in agricultural industry as soil-sterilant which prevents the growth of plants and
animals. It is widely used as herbicide in Australia and the U.S. as it prevents post and
pre emergence broadleaf weed in corn, sugarcane and turf such as residential lawns
& golf courses, which should augment sodium chlorate market demand.
Sodium chlorate is widely used as defoliant which causes leaves of plants to fall for
plants like cotton, sunflower, corn, rice, and dry beans. It is used in electronic industry
for the manufacture of oxidizing candles in submarines and aircrafts. Chlorate candles
are used to provide oxygen during scarcity, which makes it an essential component in
all aircrafts and submarines, further augmenting sodium chlorate market size.
Global bleached pulp market size should exceed USD 60 billion by the forecasted
period, as a result augmenting sodium chloride demand, as it is widely used in pulp &
paper industry for production of chlorine oxide. Moreover, the shift towards electronic
media is framing a huge demand for bleached cartons & packaging paper, as well as
tissue pulp for hygiene products, which is likely to stimulate sodium chlorate market
share in the forecasted period. Sodium chlorate has several uses in many end
industries such as in chemicals, water treatment, frameworks, mining, and
pharmaceutical. It is used widely utilized in fireworks as an oxidizing agent and
vanadium extracts for treating ores in mining industry.
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