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The sodium chlorate market is projected to witness a sluggish growth, with demand likely to reach 4,000,000 tons by the end of 2018, as per a latest report by Fact.MR. Gains will be driven by steady demand from the paper and pulp industry; however, growing regulations and easy availability of alternatives continue to stymie demand.
The demand for sodium chlorate is likely to expand at a significant rate owing to its use in the production of bleaching agent. Paper and pulp industry is using sodium chlorate to produce chlorine dioxide, a bleach used in producing high quality and eco-friendly paper products. Demand for sodium chlorate for use in bleaching agent production is likely to surpass 2,700,000 tons by 2018-end.
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