Sodium Chlorate Market Share Eyeing Remarkable Growth due to Increasing Use of Tissue Papers
Market Analysis The sodium chlorate market share will touch USD 5.74 million at a 4.6% CAGR by 2030, states the latest Market Research Future report. Drivers Growing Need for Pulp and Paper to Boost Market Growth The growing need for pulp and paper in various industries such as chemical manufacturing, hygiene products, and paperboards coupled with the increasing demand in the auto sector in developed countries owing to improved engine designs and advanced technologies will boost market growth over the forecast period. Opportunities Increasing Use of Tissue Papers to offer Robust Opportunities The increasing use of tissue papers like toilet papers, baby wipes, and facial wipes on a large scale in households, offices, and restaurants will offer robust opportunities for the market over the forecast period. Restraints Availability of Substitutes to act as Market Restraint The availability of substitutes may act as a market restraint over the forecast period. Challenges S...