Companies Dominating the Sodium Chlorate Market
- Kemira Oyj
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- China First Chemical Holdings Limited
- ERCO Worldwide
- Arkema S.A.
- Nouryon Chemicals Holding B.V.
- Mil-Spec Industries Corporation
- Chemtrade Electrochem Inc.
- Chemfab Alkalis Limited
- Chemtrade Logistics Inc.
- Tronox Inc.
Beyond its traditional use in pulp bleaching, sodium chlorate is finding increased application in water treatment, agriculture (as a herbicide), and the production of specialty chemicals. Companies are exploring these diverse applications to open new revenue streams and reduce dependency on a single industry. Moreover, to cover increasing costs of raw materials, energy, and logistics, companies are also increasing the prices of their offered products. For instance, in October 2021, Arkema raised its price in its ranges of Hydrogen Peroxide and Sodium Chlorate in Europe and for the export markets by 15%. Furthermore, to meet the rising demand from the pulp and paper industry, manufacturers are also increasing their production capacities, mainly in countries including Brazil, India, and China.
