Sodium Chlorate Market

Market Overview:

The global sodium chlorate market reached a value of US$ 2.83 Billion in 2020. Sodium chlorate (NaClO3) is an inorganic chemical compound manufactured by the electrolysis of brine (NaCl). A powerful oxidizing agent, sodium chlorate is an odorless, pale-yellow crystalline solid and readily dissolves in water. It is inflammable in nature in pure form and acts as an extreme combustion accelerant in the presence of flammable materials during decomposition. Currently, sodium chlorate is widely used in the preparation of chlorine dioxide which is employed as a bleaching agent in the manufacturing of bleached pulp. Looking forward, IMARC Group expects the global sodium chlorate market to exhibit moderate growth during the next five years.

Global Sodium Chlorate Market Drivers:

• The paper and pulp industry is one of the largest markets for sodium chlorate where it is used for on-site generation of chlorine dioxide. It is the key bleaching agent for elemental chlorine free (ECF) chemical pulping process and is extensively used in emerging markets like India and China.
• On account of its oxidizing properties, sodium chlorate is increasingly being used for several applications such as tanning and finishing leather, and manufacturing of dyes. The mounting demand for sodium chlorate in these industries is expected to bolster the growth of the market in the upcoming years. 
• As sodium chlorate is phytotoxic to all green plants, it is now being utilized as a non-selective herbicide to control the growth of a variety of plants including morning glory, creeping thistle, johnsongrass, bamboo, Ragwort, and St John's wort. It is mainly used for vegetation control on roadsides, fenceways, etc. and on non-crop land for spot treatment.
• Sodium chloride and water are the two major feedstocks required for the manufacturing of sodium chlorate. These raw materials are low in cost and abundant in nature, due to which sodium chlorate is affordable. This, coupled with ease of storage, makes it ideal for a variety of applications.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global sodium chlorate market report, along with forecasts for growth at the global, regional and country-level from 2021-2026. Our report has categorized the market based on region, form, and application.

Breakup by Form:

On the basis of type, the sodium chlorate market is bifurcated as crystalline and solution. Amongst these, crystalline sodium chlorate accounts for the majority of the market share as it is employed in a range of industries like bleach and explosives.

Breakup by Application:

Based on application, the pulp and bleaching industry represents the largest segment of the sodium chlorate market, owing to its growing demand in the textile industry. Other application segments include chlorates of other metals, leather tanning, dyes and others.

Regional Insights:

On a geographical front, Canada enjoys the leading position in the global sodium chlorate market as the country has the largest pulp and paper industry which is a mainstay of the country’s economy. Some of the other major regions include the United States, China, Finland and Brazil.

Competitive Landscape:

The market is fragmented in nature with the presence of a large number of international and regional manufacturers who compete in terms of prices and quality. The major players are trying to increase their presence in new markets by creating alliances or acquiring regional or other small players. Some of the leading players operating in the market are:

• Eka Chemicals
• Erco Worldwide
• Canexus
• Kemira Oyj
• China First Chemical Holdings Limited

The report provides a comprehensive insight into the global sodium chlorate market including its market breakup by region, market breakup by end-use, SWOT analysis, Porter’s five forces analysis, value chain analysis, import and export trends, key players and market outlook. The report also gives an in-sight into the manufacturing process of sodium chlorate covering key success and risk factors for manufacturers, detailed process flow, the chemical reactions involved, raw materials requirements, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the sodium chlorate industry in any manner.

Key Questions Answered in This Report:

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    Impact of COVID-19
    5.4    Market Breakup by Form
    5.5    Market Breakup by Application
    5.6    Market Breakup by Region
    5.7    Price Analysis
        5.7.1    Key Price Indicators
        5.7.2    Price Structure
        5.7.3    Price Trends
        5.7.4    Margin Analysis
    5.8    Market Forecast
    5.9    SWOT Analysis
        5.9.1    Overview
        5.9.2    Strengths
        5.9.3    Weaknesses
        5.9.4    Opportunities
        5.9.5    Threats
     5.10    Value Chain Analysis
        5.10.1    Feedstock Exploration
        5.10.2    Mining and Extraction
        5.10.3    Sodium Chloride Manufacturers
        5.10.4    Sodium Chlorate Manufacturers
        5.10.5    Distributors
        5.10.6    Exporters
        5.10.7    End-Use Industries
    5.11    Porter’s Five Forces Analysis
        5.11.1    Overview
        5.11.2    Bargaining Power of Buyers
        5.11.3    Bargaining Power of Suppliers
        5.11.4    Degree of Competition
        5.11.5    Threat of New Entrants
        5.11.6    Threat of Substitutes
    5.12   Trade Data
        5.12.1 Imports
        5.12.2 Exports
    5.13   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
            11.1.1.1 Volume Trends
            11.1.1.2 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 

List of Figures

Figure 1: Global: Sodium Chlorate Market: Major Drivers and Challenges
Figure 2: Global: Sodium Chlorate Market: Volume Trends (in Million Tons), 2015-2020
Figure 3: Global: Sodium Chlorate Market: Value Trends (in Billion US$), 2015-2020
Figure 4: Global: Sodium Chlorate Market: Breakup by Form (in %), 2020
Figure 5: Global: Sodium Chlorate Market: Breakup by Application (in %), 2020
Figure 6: Global: Sodium Chlorate Market: Breakup by Region (in %), 2020
Figure 7: Sodium Chlorate Manufacturing: Breakup of Operating Costs (in %)
Figure 8: Global: Sodium Chlorate Market: Average Prices (in US$/Ton), 2015-2020
Figure 9: Global: Sodium Chlorate Market Forecast: Average Prices (in US$/Ton), 2021-2026
Figure 10: Global: Sodium Chlorate Industry: Profit Margins at Various Levels of the Supply Chain
Figure 11: Global: Sodium Chlorate Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 12: Global: Sodium Chlorate Market Forecast: Value Trends (in Billion US$), 2021-2026
Figure 13: Global: Sodium Chlorate: Import Breakup by Country (in %), 2019
Figure 14: Global: Sodium Chlorate: Export Breakup by Country (in %), 2019
Figure 15: Global: Sodium Chlorate Industry: SWOT Analysis
Figure 16: Global: Sodium Chlorate Industry: Value Chain Analysis
Figure 17: Global: Sodium Chlorate Industry: Porter’s Five Forces Analysis
Figure 18: Global: Sodium Chlorate Market (Crystalline form): Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 19: Global: Sodium Chlorate Market Forecast (Crystalline form): Volume Trends (in ‘000 Tons), 2021-2026
Figure 20: Global: Sodium Chlorate Market (Solution Form): Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 21: Global: Sodium Chlorate Market Forecast (Solution Form): Volume Trends (in ‘000 Tons), 2021-2026
Figure 22: Global: Sodium Chlorate Market (Applications in Pulp and Bleaching Industry): Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 23: Global: Sodium Chlorate Market Forecast (Applications in Pulp and Bleaching Industry): Volume Trends (in ‘000 Tons), 2021-2026
Figure 24: Global: Sodium Chlorate Market (Applications in Chlorates of Other Metals): Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 25: Global: Sodium Chlorate Market Forecast (Applications in Chlorates of Other Metals): Volume Trends (in ‘000 Tons), 2021-2026
Figure 26: Global: Sodium Chlorate Market (Applications in Leather Tanning): Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 27: Global: Sodium Chlorate Market Forecast (Applications in Leather Tanning): Volume Trends (in ‘000 Tons), 2021-2026
Figure 28: Global: Sodium Chlorate Market (Applications in Dyes): Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 29: Global: Sodium Chlorate Market Forecast (Applications in Dyes): Volume Trends (in ‘000 Tons), 2021-2026
Figure 30: Global: Sodium Chlorate Market (Other Applications): Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 31: Global: Sodium Chlorate Market Forecast (Other Applications): Volume Trends (in ‘000 Tons),2021-2026
Figure 32: Canada: Sodium Chlorate Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 33: Canada: Sodium Chlorate Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 34: United States: Sodium Chlorate Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 35: United States: Sodium Chlorate Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 36: China: Sodium Chlorate Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 37: China: Sodium Chlorate Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 38: Finland: Sodium Chlorate Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 39: Finland: Sodium Chlorate Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 40: Brazil: Sodium Chlorate Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 41: Brazil: Sodium Chlorate Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 42: Others: Sodium Chlorate Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 43: Others: Sodium Chlorate Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 44: Sodium Chlorate Manufacturing: Detailed Process Flow
Figure 45: Sodium Chlorate Manufacturing: Conversion Rate of Feedstocks
Figure 46: Global: Sodium Chloride Market: Volume Trends (in Million Tons), 2015-2020
Figure 47: Global: Sodium Chloride Market: Value Trends (in Million US$), 2015-2020
Figure 48: Sodium Chloride Market: Average Prices (in US$/Ton), 2015-2020
Figure 49: Global: Sodium Chloride Market: Breakup by Region (in %), 2020
Figure 50: Global: Sodium Chloride Market: Breakup by Application (in %), 2020

List of Tables

Table 1: Sodium Chlorate: Physical Properties
Table 2: Sodium Chlorate: Chemical Properties
Table 3: Global: Sodium Chlorate Market: Key Industry Highlights, 2020 and 2026
Table 4: Global: Sodium Chlorate Market Forecast: Breakup by Form (in ‘000 Tons), 2021-2026
Table 5: Global: Sodium Chlorate Market Forecast: Breakup by Application (in ‘000 Tons), 2021-2026
Table 6: Global: Sodium Chlorate Market Forecast: Breakup by Region (in ‘000 Tons), 2021-2026
Table 7: Global: Sodium Chlorate Market: Imports by Major Countries, 2019
Table 8: Global: Sodium Chlorate Market: Exports by Major Countries, 2019
Table 9: Global: Sodium Chlorate Market: Competitive Structure
Table 10: Global: Sodium Chlorate Market: Production Capacities of Key Players (in ‘000 Tons)
Table 11: Sodium Chlorate Manufacturing: Raw Material Requirements
Table 12: Sodium Chlorate Manufacturing: Chemical Reactions Involved 
Table 13: Global: Sodium Chloride Market: Capacities of Major Players (in Million Tons)