H1 2023: Sodium Chlorite prices fluctuated in Asia Pacific region in H1 2023. During January 2023, market prices experienced a decline in India as downstream industries faced sluggish demand, and imports arriving in India remained subdued due to weakened international demand sentiment. In the subsequent month, prices saw a substantial increase due to heightened production rates and a surge in domestic demand from downstream sectors like textiles and water treatment. However, in March 2023, prices took a downturn amid weakened cost support from upstream Hydrogen peroxide and subdued demand, exacerbated by elevated inventory levels of the product in India. However, April onwards, the Sodium Chlorite market in the Asia-Pacific region, particularly in China, underwent a substantial price decline. The demand for Sodium Chlorite from downstream textile industries saw a significant reduction, primarily attributed to a lack of interest. However, there was still moderate demand from wastewater treatment sector. Additionally, the Asian market experienced an oversupply situation, with ample product availability in the ports, resulting in subdued purchasing activities. There were no supply issues during the period of April-June 2023 in the Asia Pacific region. In the North American market, the Sodium Chlorite sector underwent a varied pricing trajectory during the first quarter of 2023. Positive market sentiments characterized the in January 2023, marked by heightened production rates and increased demand from downstream sectors like textiles and water treatment. Sodium Chlorite market prices experienced a further uptick in February 2023 driven by robust demand from downstream textile and water treatment industries. However, March saw a shift in market dynamics due to looming inflationary pressures, economic uncertainties, and the collapse of two banks in the US. April 2023 witnessed a significant loss of momentum, followed by a gradual decrease in May and June 2023. Reduced consumption from downstream textile and paper industries played a role in the market dynamics during this period.
The global Sodium Chlorite market stood at approximately 250 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 5.5% during the forecast period until 2032.
Sodium chlorite, a versatile chemical compound, serves a myriad of applications across diverse industries. Primarily recognized for its role in water treatment, it acts as a disinfectant, controlling microbial growth and purifying water in municipal treatment plants and industrial processes. Beyond its water treatment capabilities, sodium chlorite is extensively utilized as a potent bleaching agent in the textile and paper industries, effectively removing color and stains from fabrics and paper pulp. As a precursor in chemical synthesis, sodium chlorite contributes to the production of chlorine dioxide, a robust oxidizing agent with applications in various chemical processes and disinfection. Its antimicrobial properties make sodium chlorite valuable in disinfection and sterilization, finding use in healthcare, food processing, and the manufacturing of medical equipment. Approved as a food additive in some regions, it also plays a role in the food and beverage industry by controlling microbial growth. Additionally, sodium chlorite is employed in the oil and gas sector for well stimulation and bactericidal purposes. Its application extends to wastewater treatment, where it aids in odor control and reducing microbial activity . As a surface disinfectant, sodium chlorite ensures hygiene in spaces such as hospitals and laboratories, underlining its significance in promoting public health and safety.
Sodium chlorite is driving the water treatment market as a versatile solution to a myriad of challenges. Its efficacy as a disinfectant against bacteria and viruses positions it as a critical component in water disinfection, while its bleaching capabilities enhance water quality by removing color and odors. Addressing the vital need for odor control, sodium chlorite neutralizes unpleasant smells linked to organic matter in water. The compound's role in iron and manganese removal, coupled with its application in boiler water treatment, underlines its significance in maintaining water clarity and industrial system efficiency. Its application on both cotton and synthetic fabrics without compromising quality is expected to propel its use in textile applications. Furthermore, the compound serves as a curative agent and insecticide in the medical and pest control manufacturing sectors. Combined with zinc chloride, it finds application in mouthwashes, toothpaste, gels, and sprays. Increasing utilization as a preservative in the production of nasal and eye drops is poised to fuel market demand. The global Sodium Chlorite market size is anticipated to reach nearly 420 thousand tonnes by 2032.
Based on region, Asia Pacific region is the biggest consumer of Sodium Chlorite. The Asia Pacific region emerges as a strategic leader in the Sodium Chlorite market, driven by a confluence of pivotal factors. Robust industrialization and economic growth propel heightened demand for Sodium Chlorite applications, while the region's abundant access to essential raw materials like sodium chlorate and chlorine dioxide ensures a resilient and cost-efficient supply chain, fostering a competitive advantage. The escalating need for Sodium Chlorite, particularly in water treatment applications, aligns with the region's focus on infrastructure development and urbanization. Proactive government initiatives emphasizing environmental standards and sustainability further enhance Sodium Chlorite adoption. Leveraging its status as a manufacturing hub with advanced technological capabilities, the Asia Pacific is strategically positioned to meet both domestic and international Sodium Chlorite demands, consolidating its dominance in this market.
Based on the end-user industry, the global Sodium Chlorite market is divided into Water treatment, Pulp & Paper, Textile, Medical, and Others. However, Water treatment industry dominates the global Sodium Chlorite market followed by Pulp & Paper industry.
Major players in the Global Sodium Chlorite market are Alfa Aesar, Nanjing Kaimubo Pharmatech Company Limited, Shree Chlorates, Dongying Shengya Chemical Co., Ltd., Airedale Chemical Company Limited, Shandong Gaomi Gaoyuan Chemical Industry Co., Ltd., Debyesci, E. I. du Pont de Nemours and Company, ERCO Worldwide, Finetech Industry Limited, Occidental Petroleum Corporation, Tractus Company Limited, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
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Objective of the Study:
• To assess the demand-supply scenario of Sodium Chlorite which covers production, demand and supply of Sodium Chlorite market in the globe.
• To analyse and forecast the market size of Sodium Chlorite
• To classify and forecast Global Sodium Chlorite market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Sodium Chlorite market in the globe.
To extract data for Global Sodium Chlorite market, primary research surveys were conducted with Sodium Chlorite manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Sodium Chlorite market over the coming years.
ChemAnalyst calculated Sodium Chlorite demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Sodium Chlorite. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Sodium Chlorite manufacturers and other stakeholders
• Organizations, forums and alliances related to Sodium Chlorite distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Sodium Chlorite manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Sodium Chlorite market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
1580 thousand tonnes
Market size Volume in 2032
2500 thousand tonnes
Growth Rate
CAGR of 4.85% from 2023 to 2032
Base year for estimation
2023
Historic Data
2015 – 2022
Forecast period
2024 – 2032
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2032
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Water treatment, Pulp & Paper, Textile, Medical, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Sodium Chlorite market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Sodium Chlorite.
3. Capacity By Location
To better understand the regional supply of Sodium Chlorite by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Sodium Chlorite by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Water treatment, Pulp & Paper, Textile, Medical, and Others) are creating a market and the forecast for the growth of the Sodium Chlorite market.
7. Demand by Region
Analyzing the change in demand of Sodium Chlorite in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Sodium Chlorite. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Sodium Chlorite.
10. Company Share
Figure out what proportion of the market share of Sodium Chlorite is currently held by leading players across the globe.
11. Manufacturing Process
Discover insights into the intricate manufacturing process of Sodium Chlorite.
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into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the net market size of Sodium Chlorite in terms of volume in 2022?
Ans:
The global market size of Sodium Chlorite had reached approximately 990 thousand tonnes in 2022.
Q2.
Which region is the major consumer of Sodium Chlorite?
Ans:
Asia Pacific region is the leading consumer of Sodium Chlorite globally.
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