The report of Global Sodium Chlorate Market, By Form (Crystalline and Solution) Application (Pulp and Paper, Chemical Intermediate, Uranium Mining, Water Treatment, Leather Tanning and Others) and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach 6.20 Bn by 2027, at a CAGR of 5.4 % during a forecast period.
Form segment is expected to grow at the highest CAGR of XX% during the forecast period.
The crystalline form of sodium chlorateis projected to be the major segment of the market during the forecast period with the largest share of 71% in 2019. The crystalline form has witnessed a surge in demand as chlorine dioxide thus is widely used as a pulp bleaching agent by the numerous end-users. Ease of availability with low cost of the salt are boosting the form segment of the sodium chlorate market.
The Asia Pacific region dominated the Sodium Chlorate Market in 2019.
Regionally, Asia Pacific is expected to witness the noticeable growth during the forecast period. Evolving economies in the Asia Pacific like India and China are major consumers and producersof pulp and paper making will help the market to grow. Growth in the chemical industry is improving the consumption rate ofchemical intermediate, thusincreasing the demand for sodium chlorate in the region.
Major Key player’s executing in the Global Sodium Chlorate Market are, ERCO Worldwide, Arkema, Kemira Oyj, American Elements, Nouryon, Mil-Spec Industries, B. Enterprises, Shree Chlorates, ChemTrade, Tronox, Chemfab Alkalis Limited, Shree Chlorates, A. B. Enterprises, H. K. Group, Reagents, ALDON Corporation, GFS Chemicals, Spectrum chemicals, Annexe Chem, Petrochem.
Maximize Market Research, a global market research with a dedicated team of specialists and, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive Research report and in-depth TOC on “Global Sodium Chlorate Market.”
https://www.maximizemarketresearch.com/market-report/global-sodium-chlorate-market/66233/
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
ManikBaug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607195908