May 2020 - Kemira Oyj signed a long-term agreement with UPM-Kymmene Corp. to extend the capacity for sodium chlorate and hydrogen peroxide production in Uruguay.
September 2019 - Arkema announced a price increase for its ranges of sodium chlorate and hydrogen peroxide in Europe and for the export markets.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 3735
Published Date: Aug 09, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving market growth are increasing use of the sodium chlorate for tanning and finishing leather, and manufacturing of dyes, and high utilization of the product in paper and pulp industry.
The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023 â€“ 2033.
North America will provide more business opportunities for market growth owing to the increasing establishment of new paper industries, and rapidly growing industrialization in the region.
The major players in the market are Kemira Oyj, China First Chemical Holdings Limited, ERCO Worldwide, Arkema S.A., and others.
The crystalline segment is anticipated to hold largest market size and is estimated to grow at a notable CAGR over the forecast period and display significant growth opportunities.