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The global sodium chlorate market was valued at USD 4.4 billion in 2024 and is estimated to grow at a CAGR of over 5% from 2025 to 2034.
The global sodium chlorate industry is witnessing significant growth, primarily fueled by its widespread applications, especially in the pulp and paper industry for bleaching. The surging demand for eco-friendly and efficient bleaching agents has propelled the market, with sodium chlorate emerging as the favored choice due to its efficacy and diminished environmental footprint. Additionally, there's a notable uptick in sodium chlorate's utilization for producing chlorates and perchlorates, catering to agricultural chemicals and explosives. This expansion into sectors like mining and agriculture signals a shift in market dynamics, broadening its traditional scope.
Report Attribute | Details |
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Base Year: | 2024 |
Sodium Chlorate Market Size in 2024: | USD 4.4 Billion |
Forecast Period: | 2025 – 2034 |
Forecast Period 2025 – 2034 CAGR: | 5% |
2025 – 2034 Value Projection: | USD 7.2 Billion |
Historical Data for: | 2021 – 2024 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 172 |
Segments covered: | Form, Function, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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The increasing demand for sodium chlorate in water treatment applications is likely to propel market growth. Sodium chlorate serves as an effective disinfectant and sanitizer in water treatment processes, further contributing to the purification of drinking water and wastewater treatment. The rising awareness of water quality is driving the influx of stringent regulations about water safety. Moreover, the rise in municipalities and industries prioritizing water treatment to meet environmental standards will also augment the industry outlook. For instance, in April 2022, SUEZ secured a 30-year build-and-operate contract for an industrial wastewater treatment facility through a local joint venture in China.