North America Sodium Chlorate Market 2021-2026: Size, Share, Trends, Analysis, and Forecast

According to the latest report by IMARC Group, titled "North America Sodium Chlorate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", North America sodium chlorate market is expected to exhibit stable growth during 2021-2026. Sodium chlorate (NaCIO3) is an inorganic, colorless compound derived from the electrolysis of brine (NaCI). It is mainly utilized in the production of chlorates of other metals, such as potassium chlorate for match heads and explosives, calcium chlorates for herbicides, and barium chlorates for fireworks. As it is an oxidizing agent and inflammable, its demand is escalating across the North American region.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends and Drivers:

The thriving paper and pulp industry in the North American region represents one of the key factors strengthening the growth of the market. Sodium chlorate is commonly used for the on-site manufacturing of chlorine dioxide, which further finds application as a bleaching agent in the elemental chlorine-free (ECF) chemical pulping process. Apart from this, it is also utilized for tanning and finishing off leather and manufacturing dyes in the region. This, in confluence with a significant rise in the demand for sodium chlorate from the agriculture industry, is creating a favorable market outlook.

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Key Market Segmentation:                                                                                           

Market by Form:

• Crystalline
• Solution

Market by Application:

• Pulp and Bleaching Industry
• Chlorates of Other Metals
• Leather Tanning
• Dyes
• Others

Market by Imports and Exports:

• Imports
• Exports

Key Regions Analysed:

• United States
• Canada
• Mexico

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Key highlights of the Report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.