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Sodium Chlorite Market Size

Report ID: GMI8813
Published Date: Apr 2024
Report Format: PDF

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Sodium Chlorite Market Size

Sodium Chlorite market was valued at around USD 232.31 million in 2023 and is anticipated to register a CAGR of over 7.1% between 2024 and 2032. Sodium chlorite is a chemical compound and is primarily used as a disinfectant, bleaching agent, and for water purification purposes. One of its most common applications is in the production of chlorine dioxide, a powerful disinfectant and bleaching agent used in various industrial processes, water treatment plants, and as a sterilizing agent in the food and beverage industry. Its versatility and relatively low toxicity compared to other chemical disinfectants make it an attractive choice for water treatment and sterilization applications.

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As research continues to explore its capabilities and safety profiles, sodium chlorite is likely to remain a significant player in various fields where disinfection, bleaching, and purification are essential processes.Due to its booming industrial sectors and continuous developments, the Asia-Pacific region offers a considerable chance for market expansion.

Sodium Chlorite Market Report Attributes
Report Attribute	Details
Base Year:	2023
Sodium Chlorite Market Size in 2023:	USD 232.31 Million
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	7.1%
2032 Value Projection:	USD 432.08 Million
Historical Data for:	2018 - 2023
No. of Pages:	305
Tables, Charts & Figures:	255
Segments covered:	Types, Application, End use industry
Growth Drivers:	Increasing usage of sodium chlorite in multiple end use industries Increasing Demand for Water Treatment Advancements in research and development
Pitfalls & Challenges:	Regulatory Compliance Challenges Health and safety concern

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Health and safety concerns regarding sodium chlorite primarily revolve around its potential hazards if mishandled or improperly used. Exposure to sodium chlorite can lead to skin irritation, respiratory issues, or more severe health effects, necessitating stringent safety protocols in its production, handling, and transportation. Concurrently, regulatory compliance challenges pose significant hurdles for sodium chlorite market players due to evolving regulations governing chemical substances and environmental standards. Meeting compliance requirements necessitates substantial investments in infrastructure, personnel training, and ongoing monitoring to ensure adherence to regulations. Changes in regulations or enforcement measures can disrupt supply chains, affect market access, and incur financial penalties for non-compliance, making regulatory compliance a critical aspect of market operations.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for sodium chlorite recorded USD 232 million in 2023 and is expected to register over 7.1% CAGR from 2024 to 2032, due to the expanding use as a bleaching agent in pulp and paper production, textiles, and food processing industries.

Technical grade sodium chlorite industry size was USD 92.1 million in 2023 and is expected to depict substantial growth from 2024 to 2032, owing to its extensive use in various industries, including water treatment, pulp and paper manufacturing, textile bleaching, and chemical synthesis.

Asia Pacific industry accumulated a revenue of USD 80.5 million in 2023 and is expected to expand at notable CAGR from 2024 to 2032, on account of the rising demand for water treatment, pulp and paper manufacture, and textile bleaching.

Akzo Nobel N.V., Alfa Aesar, Arkema, Carlit Holdings Co., Ltd., DuPont, ERCO Worldwide, Fengchen Group Co., Ltd., Kemira Oyj, Merck KGaA, Occidental Petroleum Corporation, OSAKA SODA, Parchem Fine & Specialty Chemicals, Shandong Gaomi Gaoyuan Chemical Industry Co. Ltd. are some of the major sodium chlorite companies worldwide.