Global Sodium Bicarbonate Market Information- By Application (Medical, Soap & Detergents, Baking Powder, Animal Feed, Chemical Raw Material, Agrochemical, Fire-Extinguishing Agent, and Others) By End User (Pharmaceutical, Personal care, Textile Industry, Food & Beverages, Chemical Industry, Agriculture and Others) and By Region – Forecast till 2022
Sodium bicarbonate has chemical formula NaHCO3 also known as, bicarbonate of soda, sodium hydrogen carbonate, cooking soda, Natrium Bicarbonicum, and Natrium Hydrocarbonicum. Sodium bicarbonate is a white crystal solid and powder, odorless, with minor alkali taste. Generally sodium bicarbonate produced from soda ash.
Sodium bicarbonate is basically used as a source of carbon dioxide in processes of bread baking, producing carbonated beverages and artificial mineral water, as a component of fire extinguishing agents, medicinal compounds and in others chemical raw materials.
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Increasing demand for personal care and food & beverage industries is likely to drive the Sodium bicarbonate market growth. The growing food & beverage industry including the demand of fast food due to rapid urbanization on account of developing domestic as well as industrial particularly in Asia-Pacific and North America has boosted the global Sodium bicarbonate market over the forecasted period.
Environment regulation in context of manufacturing Sodium Bicarbonate and vary prices of Sodium Bicarbonate due to limited availability is expected to affect negative to the market demand in coming years.
Study Objectives of Sodium Bicarbonate Market:
- To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the global Sodium Bicarbonate Market.
- To understand the supply and demand dynamics including supply and consumption concentration mapping.
- To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries.
- To provide competitor positioning of the market.
- To provide company profiling of major players in the market along with their production and capacity.
- To provide regional trade analysis.
- To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market.
- Tata Chemicals Ltd. (India)
- Solvay S.A. Chemicals Company (Europe)
- Church & Dwight, Inc. (USA)
- FMC Corporation. (US)
- Blue Bird Foods India Pvt. Ltd. (India)
- Tosoh Corporation (japan)
- Asahi glass co. ltd (Japan)
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The global sodium bicarbonate market is majorly segmented on the basis of application, end users and region. Based on application of sodium bicarbonate the market is segmented into medical, soap & detergents, baking powder, animal feed, chemical raw material, agrochemical, fire-extinguishing agent, and others. Based on end user the market segmented into pharmaceutical, personal care, textile industry, food & beverages, chemical industry, agriculture and others.
Geographically, Asia-Pacific region is the largest Global Sodium Bicarbonate market in terms of production and consumption both. In APAC China being largest producer and consumer of Sodium Bicarbonate dominates the market segment. Growing demand for soaps & detergents, food & beverages, chemical raw material in China, India, Thailand and Indonesia has boosted the sodium bicarbonate market demand. US, North America is second largest market of production of sodium bicarbonate followed by Western Europe. The APAC market is likely to witnessed close competition from US market owing to sodium bicarbonate manufacturer with low cost and over dumping of sodium bicarbonate in Asia-Pacific countries. Europe have witnessed stagnant growth owing to strict regulations for producing sodium bicarbonate.
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The report covers brief analysis of geographical region such as:
- Rest of Europe
- Rest of Asia-Pacific
- South America
- Middle East
The report about Global Sodium Bicarbonate Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.
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