Market Segmentation
The swift growth of industries in developing nations, particularly India and China, has led to significant air and water pollution. This pollution has altered rainfall patterns and compromised the quality of natural water sources. As the population grows and freshwater resources dwindle, the demand for clean, safe drinking water is on the rise. This is anticipated to positively impact the water treatment industry and, consequently, boost the sodium chlorite market in the future. Around 70% of diseases in developing economies are linked to poor sanitation and contaminated water. The improper disposal of wastewater from residential, agricultural, and commercial sectors is a major problem in these countries, leading to waterborne diseases such as cholera, anemia, hepatitis, diarrhea, arsenicosis, and malaria. The increasing need for safe drinking water in developing countries like India and China, to prevent waterborne diseases including typhoid and diarrhea, is expected to drive the demand for water treatment chemicals. This, in turn, is likely to stimulate the need for sodium chlorite in the future. The decline in freshwater resources and aging water & wastewater infrastructure in developed countries are key factors propelling the growth of the water treatment industry. In addition, the growing population and strict regulations regarding water wastage and reuse in developing countries are expected to further enhance the growth of the water treatment industry.
The healthcare sector has seen significant changes in recent years due to demographic shifts and societal transformations. The increasing elderly population in both developing and developed nations is driving the need for healthcare services. Heightened consumer awareness and growing health concerns are exerting more influence on health systems and leading to the development of new business models. Global healthcare spending is expected to rise in the coming years due to the increasing incidence of chronic diseases and disorders, improvements in infrastructure, and advancements in medical technology. Sodium chlorite, a superior antimicrobial agent, is used for disinfection in healthcare facilities. It is also used in the sterilization of medical equipment and the production of contact lenses and nasal drops. The growing awareness of health and wellness among the global population is likely to positively affect the growth of the medical industry, which in turn will impact the growth of the sodium chlorite market in the coming years. The expansion of medical tourism in European countries, including Germany and the UK, is expected to increase the demand for hospitals in the future. This is likely to boost the demand for disinfectants, thereby driving the growth of the sodium chloride market over the forecast period.
Regulations play a crucial role in determining the use of chemicals across various industries. Governments around the world have established numerous regulations due to growing concerns about industrial waste discharge and the management of hazardous materials. Sodium chloride, classified as a hazardous material, must comply with FDA regulations 49 CFR 172.101 and 40 CFR Parts 405 through 471 concerning effluent limitations when used in industries. Sodium chlorite reacts with ammonia and amines such as hydrochloric, sulfuric, and nitric acid to form explosive compounds. It is a potent oxidizer and is highly incompatible with substances like ammonium compounds, cyanides, iodides, sulfur compounds, natural rubber, aldehydes, ketones, iron and its alloys, and nickel and its alloys. Extended exposure to this chemical can irritate the eyes, nose, and throat, leading to symptoms like nosebleeds and sore throat. High levels of exposure can also result in pulmonary edema or fluid accumulation in the lungs. Sodium chlorite can cause immediate short-term health effects upon exposure. Long-term exposure over several months or years can lead to issues like reduced sperm motility and bronchitis. Consequently, sodium chlorite is classified as a highly toxic chemical that can cause severe health problems such as hemolysis, renal failure, and chlorite poisoning. The use of this product in end-use applications must comply with FDA regulations sections 49 CFR 172, 173, 174, 175, 176, and 177. It has also been designated as an unlisted Generally Recognized as Safe (GRAS) substance, requiring compliance with 21 CFR 178.1010, 173.325, 173.325(d), and 173.325(e) for food applications. Furthermore, the product must adhere to various other regulations including the Resource Conservation and Recovery Act (RCRA), Federal Water Pollution Control Act (FWPCA), and OSHA.
This section will provide insights into the contents included in this sodium chlorite market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
Company overview
Financial performance
Product benchmarking
Latest strategic developments
Market size, estimates, and forecast from 2012 to 2025
Market estimates and forecast for product segments up to 2025
Regional market size and forecast for product segments up to 2025
Market estimates and forecast for application segments up to 2025
Regional market size and forecast for application segments up to 2025
Company financial performance