Sodium Chlorite Market Size Worth $479.60 Million By 2032 | CAGR: 7.2%

Sodium Chlorite Market Size Worth $479.60 Million By 2032 | CAGR: 7.2%

The global sodium chlorite market size is expected to reach USD 479.60 million by 2032, according to a new study by Polaris Market Research. The report “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” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Growing product penetration across the globe for variety of different purpose including bleaching and disinfection and increased penetration to use the sodium chlorite in most effective ways to make the proper and best use of final product or preserving the product coupled with the increasing applications in healthcare institutions in the treatment of illnesses like arthritis, HIV, and common cold are key factors fueling the global market growth.

Moreover, increasing R&D investment activities and various steps that are being undertaken by major players to introduced new and more innovative products to the market and implementation on several business development strategies will further augment the market growth in the near future.

For instance, in April 2022, Fresenius Kabi, introduced 2 new calcium gluconates in sodium chloride injection in the U.S. The new offerings will help in meeting the increased need for the ready to use medicines and provide healthcare professional more flexibility and choice to effectively serve the patient needs.

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In the recent years, due to the water shortage, wastewater reuse will likely to significantly gain importance across several parts of the world, as these practices will become very valuable and important source in water resources management. Hus, with the rise in need for effective use of water sources for chemical for the wastewater treatment application along with several types of wastewater reuse guidelines and regulations that are bacteriological-based, the adoption of sodium chlorite will gain high traction over the coming years.

Growing efforts on the development of innovative technologies for the preparation of sodium chlorite like production through the supersonic negative pressure complex reduction that comprises three steps. The technology adopting a high-efficiency and low-cost starch and pyrite complex reducing agent that helps in improving the conversion rate of sodium chlorite and shortens the overall reaction time, is creating lucrative growth opportunities for the global market.

Sodium Chlorite Market Report Highlights

  • Antimicrobial agents segment led the industry with majority market share, which is mainly driven by growing adoption of the product in the food processing sector to improve the food shelf life
  • Paper segment is anticipated to grow at fastest growth rate during the projected period, on account of wide utilization as a bleaching agent in the production of paper and straw and production of chlorine dioxide
  • Asia Pacific region led the market share, owing to the increasing prevalence of various favorable government initiatives and growth in the clothing sector in the region
  • The global key market players include Carlit Holdings, Otto Chemie, Osako Soda, Parchem Fine & Specialty Chemicals, Fengchen Group, and Shandong Gaomi Gaoyuan Chemical Industry

Polaris Market Research has segmented the sodium chlorite market report based on application, end-use, and region:

Sodium Chlorite, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Disinfectant
  • Antimicrobial Agent
  • Bleaching Agent
  • Others

Sodium Chlorite, End-Use Outlook (Revenue - USD Million, 2019 - 2032)

  • Water Treatment
  • Paper
  • Textile
  • Medical
  • Others

Sodium Chlorite, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa