Sodium Chlorite Market Demand, Growth And Development Trends By 2014 - 2025
Asia Pacific is accounted for 38.7% of total market share in 2016 and is anticipated to lead the overall market growth in the future period. The reason behind overall market growth may be growing pulp & paper and water treatment industries and presence of key manufactures in this region. Moreover, China is a leading consumer of sodium chlorite in Asia Pacific region. Further, North America and Europe are expected to follow the market growth in the coming years.
Europe is the second largest region with significant market share. However, North America is expected to witness a growth of 5.4% in the forecast period due to rising government initiative to improve water and wastewater treatment processes. In this region, sodium chlorite is used to de-ice the highways and streets during heavy snowfall. DuPont, Occidental Petroleum Corporation (OxyChem) and American Elements are the major producer of sodium chlorite in North American region. Headline and Adox are the two major brands of sodium chlorite manufactured by DuPont.
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The key players operating in the sodium chlorite market are DuPont, Occidental Petroleum Corporation (OxyChem), ERCO Worldwide, American Elements, Alfa Aesar, AngeneChembo Pharma, ABI Chemicals, AOK Chem, Erco Worldwide, J and K Industry, Fintech Industry, Santa Cruz Biotechnology, Sigma Aldrich, Shanghai IS Chemical Technology, Tractus Co. Ltd., JalorChem, and OxyChem. These market players strongly invest in the expansion of their business and development to maintain a top position in the market.
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