The global sodium chlorite market is forecasted to reach USD 323.2 Million by 2027, according to a new report by Reports and Data. The sodium chlorite market is observing high growth attributed to its increasing application in water treatment. Sodium chloride leads to the generation of chlorine dioxide, a powerful oxidant whose selective reactivity enables it to be beneficial in various water treating applications where several oxidants, including chlorine, are found to be inappropriate. Chlorine dioxide is an exceptionally effective disinfecting agent and germicide, and on a mass dosage basis, it is either equivalent to or better than chlorine. Also, chlorine dioxide is economical and effective in disinfection and preoxidation.
Sodium chlorite solutions find usage in disinfecting several surface types in medical labs, hospitals, nursing homes, and doctors’ chambers to contain the infection spread among patients, occupants, and workers. Further, sodium chlorite is garnering significant traction as a health supplement and treating several diseases, comprising common cold, malaria, arthritis, cancer, HIV, and hepatitis.
Key participants include Airedale Chemical Company Limited, Debyesci, Sigma-Aldrich Co. LLC, Tractus Company Limited, Alfa Aesar, Shandong Gaomi Gaoyuan Chemical Industry Co., Ltd., E. I. du Pont de Nemours and Company, Finetech Industry Limited, Nanjing Kaimubo Pharmatech Company Limited, and American Elements, among others.
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The COVID-19 impact:
The COVID-19 pandemic is having a significant impact on the sodium chlorite industry. Demand for the product is suffering severe shocks across various end-use markets, worldwide supply chains are upset, and the competitive order of manufacturers/producers has witnessed a change. The shortage of demand has fast-tracked the global chemical sector into an oversupply situation. Movement restrictions appear to be a direct and immediate effect, and once the compulsory social distancing ends, it is expected things would get back to normal conditions.
For the purpose of this report, Reports and Data has segmented into the global sodium chlorite market on the basis of application, distribution channel, end-use, and region:
Application Outlook (Revenue, USD Billion; 2017-2027)
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
End-Use Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
Further key findings from the report suggest
Table of Content:
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Indicative Metrics Chapter 4. Sodium Chlorite Market Segmentation & Impact Analysis 4.1. Sodium Chlorite Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Surging demand in water treatment plants 4.2.2.2. Growing application in the healthcare sector 4.2.2.3. Growing usage in the textile industry 4.2.2.4. Growing demand from the emerging economies 4.2.3. Market restraints analysis 4.2.3.1. Availability of substitutes 4.3. Technological Insights 4.4. Regulatory Framework 4.5. ETOP Analysis 4.6. Porter’s Five Forces Analysis 4.7. Competitive Metric Space Analysis 4.8. Price trend Analysis 4.9. Customer Mapping 4.10. Covid-19 Impact Analysis 4.11. Global Recession Influence
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