Sodium Chlorite Market Share, Size, Trends, Industry Analysis Report, By Application (Disinfectant, Antimicrobial Agent, Bleaching Agent, and Others); By End-Use; By Region; Segment Forecast, 2024 - 2032
- Published Date:Jan-2024
- Pages: 119
- Format: PDF
- Report ID: PM3303
- Base Year: 2023
- Historical Data: 2019-2022
Report Outlook
The global sodium chlorite market was valued at USD 256.09 million in 2023 and is expected to grow at a CAGR of 7.2% during the forecast period. Rapidly growing demand for this chemical in water purification and wastewater treatment application due to its various biocidal and antimicrobial properties along with the rise in product popularity as a specialty chemical due to its beneficial characteristics in numerous industrial applications like food & beverages, medical, electronics, pulp & paper, and healthcare among others are positively influencing the growth of the global market.
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In addition, sodium chlorite-based bleaching agents are highly recognized because of its superior oxidizing properties like low degradation and high whiteness, that are extremely helpful in the bleaching of fabrics in textile sector is also likely to create huge growth opportunities for the market over the coming years.
Major economies across the globe are heavily focusing on the conservation of fresh water and several government authorities are implementing on treating wastewater effectively to supply the rising need for fresh water, as a result on continuous rise in the population in countries like China and India and growing concerns related to health issues of drinking unsafe water is likely to have a positive impact on the market growth.
According to an UN report, India is projected to be the world’s most populous country around 2027, and is likely to add approximately 273 million people between the period of 2020 to 2050. The world’s population is estimated to increase by over two million in the next 30 years reaching 9.7 billion in 2050.
COVID-19 has positively impacted the growth of the market. Market has grown drastically during the time of pandemic due to increasing use of the chemical in healthcare institutions to treat the patients suffering from COVID-19 diseases. Moreover, sodium carbonate is being widely used to disinfect the certain surfaces form viruses.
Industry Dynamics
Growth Drivers
The healthcare industry has undergone significant transformation in the recent years due to the demographic shift and societal changes coupled with the growing geriatric population in both developed and developing countries is further accelerating the need and penetration for healthcare services and rising consumer awareness across the globe, are major factors expediting the greater growth and demand for the sodium chlorite market.
Furthermore, rapid industrialization and rate of urbanization especially in the emerging economies like India and China, has led to increase in water and air pollution that has affected the rainfall patterns and purity of various natural water resources is driving the growth of the market.
Additionally, the increasing focus of major market players on introducing new innovative products and expansion of their production capacity to meet the rising demand for the product, is also contributing towards the market growth. For instance, in April 2022, ERCOS, new production line at their factory in Huesca. The investment will help in doubling the company’s capacity to approximately 11,300 tonnes/year. Plant is planned to be started in the 3rd quarter of 2022 and will emphasis the importance of water treatment business in company’s portfolio.
Report Segmentation
The market is primarily segmented based on application, end-use, and region.
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By Application |
By Product |
By Region |
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Antimicrobial agents segment dominated the global market in 2022
Antimicrobial agents segment dominated the global market and captured the largest revenue share, and is likely to maintain its dominance over the projected period. The growth of the segment market can be largely attributed to increasing need and demand for antimicrobial agents in the food processing sector mainly to improve and enhance the shelf life of packaged products, as it does not hamper the nutritional quality of food.
Bleaching agent segment is expected to grow at significant growth rate during the anticipated period, which is mainly driven by its superior oxidizing properties and wide utilization of the product for both cotton and synthetic fabrics. In addition, these chemicals are also being used as healing agent and insecticide in pest control manufacturing and medical industries. The large presence of the sodium hydroxide in the chemical increases pH levels of water, that improves its application in various sectors, which in turn, propelling the demand and growth of the segment market.
Paper industry is expected to witness significant growth
The paper industry segment is expected to grow at substantial growth rate during the course of projected period, which is highly accelerated by increasing prevalence for the use of sodium chlorite for the on-site manufacturing of chlorine dioxide, that is significantly used as a major bleaching agent in the production of paper and straw. The paper and pulp industry uses up to 95% of total sodium chlorate manufactured across the globe to develop chlorine dioxide, the bleach which is used in producing high-quality and environment-friendly paper products.
The water treatment segment was the largest revenue generator in the market, and is anticipated to gain considerable growth rate over the coming years. Presence of chlorite in the drinking water mostly leads to the carcinogenicity in both male & female, which necessitates the need to remove chlorite from drinking water, thereby driving the segment’s growth. In addition, with the continuous rise in the demand for water with growth in population, various government bodies across the globe are implementing and focusing on treating wastewater, that is likely to have a positive impact on the demand and growth of the segment market.
Asia Pacific region accounted for the largest market share in 2022
The easy availability of raw materials, cheap labor cost, and large manufacturing industry along with the presence of several favorable government outlook to promote the production and use of sodium chlorite are among the major factors projected to fuel the demand and growth of the regional market. Moreover, extensive rise in the textile and clothing sector especially in countries like China, Malaysia, and China and emerging trend of cleaning the wastewater in the region, are further anticipated to boost the market over the coming years.
Europe region is projected to be the fastest growing region with healthy CAGR during the projected period, owing to continuous growth in the paper industry in the region because of the rising demand from the packaging industry along with the technological innovations and advancements in the recycling rate of paper. Moreover, stringent government regulations associated with the use of water, encouraging the rainwater harvesting thereby propelling the prevalence of water treatment, which in turn, likely to propel the growth and demand of the market in the near future.
Competitive Insight
Some of the major players operating in the global sodium chlorite market include Osaka Soda., Carlit Holdings, Shandong Gaomi Gaoyuan, Otsuka Chemical, Shree Chlorates, Otto Chemie, Dongying Shengya Chemical, Occidental Petroleum, CHEMZEST, Akzo Nobel, Parchem Fine & Specialty Chemicals, Fengchen Group, ERCO Worldwide, & Alfa Aesar.
Recent Developments
- In June 2022, EPE launched of its new and innovative product named ‘POWERKLOR’, a complete disinfection solution for the ship surfaces that helps in generating sodium hypochlorite by using only water and salt. The new product is mainly developed to ensure crew safety and eliminates the need to effectively handle and store various hazardous chemicals, while providing sustainable and effective disinfection solution.
- In June 2021, Kemira announced that the company started the construction on new sodium hypochlorite plant in China. Ongoing investment enables company to effectively serve the growing water treatment demand in the APAC countries market for both pulp & paper and industry & water.
Sodium Chlorite Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 274.28 million |
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Revenue forecast in 2032 |
USD 479.60 million |
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CAGR |
7.2% from 2024– 2032 |
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Base year |
2023 |
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Historical data |
2019– 2022 |
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Forecast period |
2024–2032 |
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Quantitative units |
Revenue in USD million and CAGR from 2024 to 2032 |
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Segments covered |
By Application, By End-Use, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key companies |
Osaka Soda Co. Ltd., Carlit Holdings Co. Ltd., Shandong Gaomi Gaoyuan Chemical Industry Co. Ltd., Otsuka Chemical Co. Ltd., Shree Chlorates Pvt. Ltd., Otto Chemie Pvt. Ltd., Dongying Shengya Chemical Co. Ltd., Occidental Petroleum Corporation, CHEMZEST, Akzo Nobel N.V., Parchem Fine & Specialty Chemicals, Fengchen Group Ltd., ERCO Worldwide, Merck KGaA, and Alfa Aesar. |
FAQ's
The sodium chlorite market report covering key segments are application, end-use, and region.
Sodium Chlorite Market Size Worth $479.60 Million By 2032.
The global sodium chlorite market expected to grow at a CAGR of 7.2% during the forecast period.
Asia Pacific is leading the global market.
key driving factors in sodium chlorite market are rise in use of sodium chlorite as disinfectant and bleaching agent.
