[ad_1]
New York, USA, January 12, 2021 (GLOBE NEWSWIRE) – Research Dive has added a new report to its repository on global sodium chlorite market. According to the report, the market is expected to exceed $ 282,911.4 thousand by 2027, with a CAGR of 4.4% from 2020 to 2027. This report provides in-depth information on the current position and future scope of the industry. The report is a reliable research study, providing meticulous market information for new entrants, investors, major market players, stakeholders, shareholders, etc.
Learn about the impact of COVID-19 on the global sodium chlorite market. Click here to connect with our analyst for more market insight: https://www.researchdive.com/connect-to-analyst/8333
Factors Affecting Market Growth:
The increasing use of sodium chlorite for bleaching, sanitizing and many other applications in various industries such as oil and gas, food and beverage, and others is stimulating the growth of the global sodium chlorite market. Moreover, the growing need for clean drinking water and wastewater treatment across the globe is expected to open profitable opportunities for market growth during the forecast period. However, strict environmental laws and regulations regarding the use of sodium chlorite are likely to hamper the growth of the market.
Download a Sample Report of Global Sodium Chlorite Market and Learn Market Overview, Opportunities, Expansion, Growth, and more: https://www.researchdive.com/download-sample/8333
Impact of COVID-19 on the market:
The sudden outbreak of the COVID-19 pandemic has had an optimistic impact on the growth of the global market. This is mainly due to the sudden increase in the use of sodium chlorite in health centers as a gargle solution for COVID-19 patients. In addition, sodium chlorite is used on a large scale as a surface disinfectant during the pandemic, which is triggering the growth of the market.
View all materials and chemicals industry reports: https://www.researchdive.com/materials-and-chemicals
The report segments the global sodium chlorite market into end use, application, and region.
Disinfectants sub-segment to hold the highest market share during the forecast period
Among the applications segment, the disinfectants sub-segment is expected to occupy the highest market share, with a CAGR of 4.5% during the forecast period. This is mainly due to the increasing use of sodium chlorite disinfectants to prevent the spread of nosocomial infection and to keep the surface clean in health centers.
The water treatment sub-segment is expected to gain significant share in the forecast period
Among the end-use segment, the water treatment sub-segment is expected to capture the highest market share, with a CAGR of 4.7% during the forecast period. This growth is mainly due to the growing need for clean drinking water and the growing attention of the government on wastewater treatment.
Access various market reports carrying in-depth analysis of the market situation, updated with the impact of COVID-19: https://www.researchdive.com/covid-19-insights
The Asia-Pacific region will dominate the market during the forecast period
The report assesses the global sodium chlorite market across several regions such as Asia-Pacific, Europe, North America, and LAMEA. Among these, the Asia-Pacific region is expected to take the highest market share, registering a CAGR of 4.8% during the projected period. This is mainly due to the growing existence of several producers of sodium chlorite, the decrease in groundwater and the increasing demand for sewage cleaning in this region.
Main market players:
• OSAKA SODA
• Carlit Holdings Co., Ltd.,
• Shandong Gaomi Gaoyuan Chemical Industry Co., Ltd.,
• Otsuka Chemical Co., Ltd
• Dongying Shengya Chemical Co., Ltd.
• Yancheng Huaou Industry Group Co., Ltd
• Fengchen Group Co., Ltd
• ERCO in the world
• Ercros SA,
• Western oil company
The report provides many leading-edge tactics and approaches such as successful strategic moves and developments, product / service range, business performance, Porter Five Forces analysis, and SWOT analysis of major players operating in the global market . Click Here For Top Business Absolute Development Strategies Summary Report
TREND RELATIONSHIPS WITH COVID-19 IMPACT ASSESSMENT
Personal Protective Equipment Market: https://www.researchdive.com/covid-19-insights/212/personal-protective-equipment-market
Activated Carbon Market: https://www.researchdive.com/176/activated-carbon-market
Electronic Chemicals Market: https://www.researchdive.com/177/electronic-chemicals-market
Mr. Abhishek Paliwal Research Dive 30 Wall St. 8th Floor, New York NY 10005 (P) +91-(788)-802-9103 (India) +1-(917)-444-1262 (US) Toll Free: 1-888-961-4454 E-mail: [email protected] Website: https://www.researchdive.com Blog: https://www.researchdive.com/blog/ LinkedIn: https://www.linkedin.com/company/research-dive/ Twitter: https://twitter.com/ResearchDive Facebook: https://www.facebook.com/Research-Dive-1385542314927521
[ad_2]
Source link
