Sodium Chlorite Market Expected to Reach $376.6 Million by 2030

According to a new report published by Allied Market Research, titled, "Sodium Chlorite Market by Application and End Use: Global Opportunity Analysis and Industry Forecast, 2021–2030," the global sodium chlorite market size was valued at $236.4 million in 2020, and is projected to reach $376.6 million by 2030, growing at a CAGR of 4.8% from 2021 to 2030.

Sodium chlorite also known as sodium salt textone is an inorganic sodium salt. It is white crystalline solid that is used in applications such as water treatment, bleaching agent, and antimicrobial agent.   

Sodium chlorite can be used in water treatment plants for chlorine dioxide generation, which further reduces chlorite concentration in drinking water. Presence of large chlorite concentration in drinking water leads to carcinogenicity in male and female. Thus, sodium chlorite is used for removal of chlorite concentration in drinking water. In addition, sodium chlorite can be used as primary and secondary commercial bleaching agent in water treatment plants. Mainly, 6%, 12%, and 15% sodium chlorite is used as bleaching agent in water treatment plants. Sodium chlorite can be used to killing pathogens such as bacteria, virus, and fungi present in waste water. It can also be used for treatment of industrial and municipal water treatment application. These factors are predicted to notably contribute toward the global market.

However, side effects such as lowered blood pressure, fatigue, nausea, and insomnia are likely to occur due to excessive ingestion of sodium chlorite, thereby hampering the market growth.

Chlorine dioxide used in paper mills helps to run the plant efficiently and keep the plant clean at low dosage. This, in turn, reduces the production downtimes without altering the adsorbable organic halides (AOX) content in the paper and paper waste. Thus, sodium chlorite is used to generate chlorine dioxide in paper industry. Slime control is another important factor in paper industry. Chlorine dioxide is a major compound that is used for controlling slime content in paper products. However, this chlorine dioxide is generated with use of sodium chlorite. In addition, utilization of chlorine dioxide as a substitute product for generating organic biocides   and chlorine will reduce the waste generation in the paper mills. This factor is anticipated to create remunerative opportunities for the expansion of the sodium chlorite market in future.

The sodium chlorite market is segmented on the basis of application, end use, and region. By application, the market is segregated into disinfectant, antimicrobial agent, bleaching agent, and others. The disinfectant application dominated the global market in terms of revenue in 2020, with over three-fifth of the total share. Use of sodium chlorite as a disinfectant for suppressing the growth of Staphylococcus aureus and Pseudomonas aeruginosa biofilms is the key market trend. Moreover, use of sodium chlorite as disinfectant helps to protect from disease causing microorganisms and bacteria.

By end use, the global sodium chlorite market is segmented into water treatment, paper, textile, medical, and others. The water treatment segment dominated the global market in terms of revenue in 2020, with over half of the total share. Presence of large chlorite concentration in drinking water leads to carcinogenicity in male and female. Thus, use of sodium chlorite for removal of chlorite concentration in drinking water is the key market trend. In addition, sodium chlorite can be used as primary and secondary commercial bleaching agent in water treatment plants.

Region-wise, the sodium chlorite market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific sodium chlorite market is projected to grow at the highest CAGR during the forecast period. Ensuring public health and environmental protection, governing bodies across the region have implemented stringent environmental policies. Furthermore, increasing variability and intensity of rainfall have forced Municipal Corporation and cities to focus on an alternative to groundwater source to cater to the need for clean water.

Key players operating in the global sodium chlorite market include Osaka Soda Co. Ltd., Carlit Holdings Co. Ltd., Shandong Gaomi Gaoyuan Chemical Industry Co. Ltd., Otsuka Chemical Co. Ltd., Dongying Shengya Chemical Co. Ltd., Occidental Petroleum Corporation, Shree Chlorates Pvt. Ltd., CHEMZEST, BioE, and Otto Chemie Pvt. Ltd. The global market analysis covers in-depth information of the major sodium chlorite industry participants.

COVID-19 analysis

The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. The sodium chlorite market has been moderately impacted due to the wake of COVID-19 pandemic, owing to its dependence on water treatment, paper, textile, and other sectors. According to a Confederation of European Paper Industries (CEPI), despite the slowing down of the economy in European region, most of the paper mills ran without disruptions in 2020, though some mills have operated at reduced efficiency due to lower demand levels. Moreover, demand for disinfectants and sanitary products have boosted the demand for chlorine and related products during the wake of COVID-19 pandemic. This has led to the moderate boost in demand for sodium chlorite during the COVID-19 period. However, several textile companies have either shutdown or shrank their operations due to the risk of infections among the workforce where sodium chlorite is widely used as bleaching agents. COVID-19 has led to supply chain disruptions across the textile, apparel, and fashion industry in unprecedented way. According to the article published by United Nations Industrial Development Organization (UNIDO), the COVID-19 pandemic disrupted the global supply chains owing to restrictions imposed by countries on international trades, and manufacturers have faced cancellation in orders due to suddenly diminished demand.

Key findings of the study

• The bleaching agent segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 5.3% from 2021 to 2030.
• The textile segment is anticipated to register the highest CAGR of 5.5% during the forecast period.
• Asia-Pacific garnered the highest share of 45.0% in 2020, in terms of revenue, growing at a CAGR of 5.3%.