August 29, 2019 by Steve Blade
The report provides key insights on the sodium chlorate market. The new report by Fact.MR offers details on the current scenario of the market along with the historic view of the sodium chlorate market. The report provides information on the demand and sales of sodium chlorate across various regions. Market dynamics including growth opportunities for market participants is also provided in the report on the sodium chlorate market.
The sodium chlorate market is projected to witness a sluggish growth, with demand likely to reach 4,000,000 tons by the end of 2018, as per a latest report by Fact.MR. Gains will be driven by steady demand from the paper and pulp industry; however, growing regulations and easy availability of alternatives continue to stymie demand.
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Table of Content
1. Global Sodium Chlorate Market - Executive Summary
2. Global Sodium Chlorate Market Overview
3. Global Sodium Chlorate Market Analysis and Forecast 2013-2027
To be Continue.....
Majority of the industries are using sodium chlorate in its crystal form due to the fact that it is not flammable. Manufacturers in the sodium chlorate market also supply sodium chlorate mostly in the crystalline form with proper packaging in order to avoid excessive heat that may release oxygen gas, resulting in fire and explosions. Packaging materials such as special sacks, drum, and hopper truck are used to pack and deliver sodium chlorate crystals.
The sodium chlorate market has been segmented into application, form, end-use industry, and region. These key segments are further bifurcated into the sub-segments providing better insights of the sodium chlorate market.
Based on the form, the market is segmented into amorphous and crystalline. In terms of the application, the sub-segments include bleaching agent, oxidizing agent, herbicide, and other applications. By end-use industry, market is further segmented into chemical industry, paper and pulp industry, mining industry, and other end-use industries.
According to Fact.MR, metal drums with plastic liner are largely preferred packaging for sodium chlorate. The report finds that sodium chlorate is also finding large application in the production of sodium perchlorate which is used as an unreactive electrolyte in standard DNA extraction, and used in medicine to block iodine uptake..
Companies operating in the sodium chlorate market are focusing on new product launches, and mergers and acquisitions in order to expand globally. For instance, Arkema has acquired Afinitica, adhesives manufacturer in Spain. Arkema, through the acquisition, plans to stronghold its position in the adhesives market.
AkzoNobel has completed the acquisition of Colourland Paints Sdn Bhd. The company plans to accelerate its development and build a strong position in Malaysia.
Kemira has increased the price of all coagulant products across all the segments in the EMEA region. High freight rate and shortage of raw materials due to tight supply situation are some of the reasons for price increase in the region.
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