Global Sodium Chlorite Market Size, Share, Growth Analysis, By Type(Liquid Sodium Chlorite, and Solid Sodium Chlorite), By Application(Water Treatment, Textile Application) - Industry Forecast 2024-2031

Global Sodium Chlorite Market size was valued at USD 215.98 million in 2022 and is poised to grow from USD 230.02 million in 2023 to USD 380.68 million by 2031, growing at a CAGR of 6.50% in the forecast period (2024-2031).

The global sodium chlorite market plays a crucial role in the chemicals industry and is in high demand across various sectors because of its versatile properties and uses. Sodium chlorite (NaClO2) is a compound with strong oxidizing abilities and is mainly used to produce chlorine dioxide (ClO2), which is a powerful and environmentally friendly disinfectant, bleach, and odor remover. The market is growing due to its widespread application in water treatment for both city and industrial use, effectively treating drinking water, wastewater, and process water. Additionally, the pulp and paper industry uses sodium chlorite for bleaching pulp, which is more environmentally friendly than traditional chlorine-based methods. Moreover, there is increasing demand for sodium chlorite in the textile and healthcare sectors because of its antimicrobial properties, useful in disinfection and sterilization. The food and beverage industry also contributes to the market's growth as sodium chlorite is used for food processing, preservation, and controlling pathogens. Its ability to eliminate harmful microorganisms without leaving harmful residues makes it a desirable option for food safety.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Sodium Chlorite Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Sodium Chlorite Market Segmental Analysis

The global sodium chlorite market is segmented on the basis of Type, Application and region. By Type, the market is segmented into Liquid Sodium Chlorite, and Solid Sodium Chlorite. By Application, the market is segmented into Water Treatment, Textile Application, Paper industry, Pulp Application, Metal Surface Treatment, Others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers of the Global Sodium Chlorite Market

The sodium chlorite market worldwide is growing because there's more need for water treatment solutions in different industries. Sodium chlorite is used to disinfect and clean water in processes like treating city water, purifying industrial water, and treating wastewater, which helps the market grow.

Restraints in the Global Sodium Chlorite Market

Improper handling of sodium chlorite can pose health and environmental risks. It has the potential to release harmful chlorine dioxide gas, which can be dangerous for both people and the environment. If regulatory agencies and public awareness about these risks increase, there might be stricter rules, which could affect the market's growth.

Market Trends of the Global Sodium Chlorite Market

A major trend in the global sodium chlorite market is the growing need for water treatment. Sodium chlorite is used as a strong disinfectant and oxidizing agent in water treatment, especially in making drinking water safe and treating wastewater. Its ability to control bacteria and remove impurities has made it more popular in city and industrial water treatment plants around the world. As worries about water quality and environmental sustainability increase, the demand for sodium chlorite in water treatment is expected to keep going up.