Sodium Chlorate Industry - Regional Synopsis
North American Market Statistics
North America in sodium chlorate market is poised to dominate the majority revenue share of 31% by 2037, due to the region’s paper industry, particularly in the United States and Canada, where it is extensively used or chlorine dioxide. Furthermore, Canada is one of the top exporters of sodium chlorate driven by its large-scale production capacity and abundant natural resources. In 2023, sodium chlorate exports in Canada totaled up to 381 thousand metric tonnes, valued at USD 244.8 million, majorly driving the region’s overall growth.
The U.S. market is driven by its significant role as both importer and exporter, fueled by the well-established paper industry. For instance, EPA published a report in 2021 stating that the U.S. was the third among the top 5 exporters of sodium chlorate in the world with 48 thousand tonnes exported, and the topmost importer with 399 thousand tonnes of sodium chlorate imports.
APAC Market Analysis
The sodium chlorate market in the Asia Pacific is estimated to witness noteworthy growth over the forecast period as a result of industrialization in the region. Additionally, the growth of textile and leather industries and increased use of sodium chlorate in water treatment applications further drive the region’s market. Rising demand for high-quality paper products in countries including China, Japan, and India also bolsters the region’s growth.
In 2024, IBEF stated that India is the second-largest exporter of leather garments and the fourth-largest exporter of leather goods, worldwide. Moreover, the garments sector accounted for 6.8% of the country’s total leather exports from 2024 to 2025. As the chemical is majorly used in these industries, the India sodium chlorate industry is majorly driven by leather exports. In addition, increasing demand for packaging materials, driven by e-commerce and urbanization is also driving the demand.