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Analysis on Impact of COVID-19-Technavio Evaluates the Impact of the Growing Pulp and Paper Industry and the Increasing Demand for Sodium Chlorate in the US in its Sodium Chlorate Market Analysis

The sodium chlorate market is likely to experience steady growth because of the growing pulp and paper industry and the increasing demand for sodium chlorate in the US. Rising at a CAGR of over 4%, the market is estimated to have an incremental growth of 954.67 thousand tons by 2024. Download Free Sample Report

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Technavio has announced its latest market research report titled Global Sodium Chlorate Market 2020-2024 (Graphic: Business Wire)

A Technavio analyst says, "The global sodium chlorate market will not be majorly impacted by the spread of COVID-19. However, the market outlook might change if the containment efforts go beyond Q2 2020."

Technavio’s recent analysis of the sodium chlorate market, includes a detailed examination of its revenue forecasts, including market drivers and challenges, key market participants, and growth opportunities. The study segments the markets in North America, APAC, South America, Europe, and MEA, geographically. The North America region is expected to have a market share of 36% and will offer significant growth opportunities for market vendors during the forecast period.

For further information on this analysis, please visit: https://www.technavio.com/report/sodium-chlorate-market-industry-analysis

Increasing alternatives for sodium chlorate and the declining print media might hamper market growth. However, the easy availability of raw materials and the rise in oral problems will positively influence the growth of the global sodium chlorate market.

Technavio’s analysis of the sodium chlorate market also includes:

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that drive the will sodium chlorate market growth during the next five years
  • Precise estimation of the sodium chlorate market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the sodium chlorate market industry across North America, APAC, South America, Europe, and MEA
  • A thorough analysis of the market’s competitive landscape
  • Comprehensive details of factors that will challenge the growth of sodium chlorate market vendors

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200513005635/en/

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