This report is an extensive analysis of current and potential trends in the Potassium Bicarbonate market. The report provides an in-depth quantitative analysis of the current and future market estimations which helps to recognize the prevailing market opportunities. Key market players within the market are profiled in this report and their strategies are analysed completely which help to understand the competitive outlook 2020-2024.

Global Potassium Bicarbonate Market Overview:

A recent report by Business Industry Reports offers an in-depth analysis of global Potassium Bicarbonate market from 2020 to 2024. It also edifies various sides such as key drivers, prominent developments, and various market opportunities for businesses to gain maximum profit in the projected period.

Potassium bicarbonate is an odorless, colorless, slightly basic, noncombustible, and a salty substance. Potassium bicarbonate is also well-recognized as potassium acid carbonate, or potassium hydrogen carbonate. Potassium bicarbonate’s empirical formula is KHCO3. Potassium carbonate is formed, as a result of response between carbon dioxide and potassium carbonate, and then recrystalizing it. All equipment’s used from manufacture to wrapping of potassium bicarbonate are enthusiastic absolutely for it. Potassium bicarbonate is stable under normal conditions. Potassium bicarbonate contains no toxic chemicals. Rendering to United States Food and Drug Administration (FDA), potassium bicarbonate is classified as a food ingredient, “generally recognized as safe” (GRAS). Potassium bicarbonate is not listed as carcinogen or potential carcinogen

The antifungal possessions of potassium bicarbonate, the shift towards organic farming, growing health disorders such as osteoporosis specifically in women, increasing usage of potassium bicarbonate in various medical applications, and many other uses are probable to lash the demand for potassium bicarbonate in the forecasts year. Though, potassium carbonate and potassium bicarbonate has same medicinal applications, for example, both of these compounds are used for treatment of disorder known as hypokalemia, produced owing to low level of potassium in blood. Moreover, the price of potassium bicarbonate is advanced than the expense of potassium carbonate. Both these factors can act as a restraining factor for the growth of potassium bicarbonate market.

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Potassium carbonate is boosted by response between carbon dioxide and potassium carbonate, and then recrystallizing it. Globally, growing usage of potassium bicarbonate in various medical applications, growing shift towards organic farming, flourishing food & beverages industry, and advantageous properties of potassium bicarbonate are the key rise push of global potassium bicarbonate market. Moreover, surge in acceptance of potassium bicarbonate for application in newer industrial vertical, and developing economies such as China, India and others, will create new prospects for global potassium bicarbonate market. However, volatile prices and obtainability of raw materials, availability of substitute compounds, and stringent government procedures as associated to conventional mineral oils are the key limits for global potassium bicarbonate market.

Market Key Players

The global Potassium Bicarbonate market is marked by some strong competition from the major players operating in this industry. Many merger and acquisition, joint venture and partnership agreement, product innovation, research and development and geographical extension are some of the key strategies adopted by this player to ensure long term sustenance in these market key participants in the global Potassium Bicarbonate industry include

Shandong Lunan Chemical

Evonik

Wentong Potassium Salt Group

Baoding Runfeng

Armand Products….more

Segmentations

The Potassium Bicarbonate market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

Product Type Segmentation

Food Grade

Pharmaceutical Grade

Industrial Grade

Industry Segmentation

Chemical Industry

Agriculture

Food

Pharmaceutical Industry

Extinguishing Agent

Regional Segmentation

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)


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Global Industry News:

Evonik : May 13, 2020 Evonik commissions advanced biomaterials production facility for pharmaceutical and medical applications in Birmingham, Alabama

Evonik today announced the successful commissioning of an advanced biomaterials facility in Birmingham, USA that will support the increasing global market demand for the use of RESOMER® bioresorbable polymers with parenteral drug products and implantable medical devices. With this expansion, Evonik will also begin to provide contract manufacturing (CMO) services to customers seeking to outsource the production of their own proprietary excipients to an industry leader.

The new 2,800 square meter facility is equipped with multiple cleanrooms, numerous reactors, specialized purification and micronization systems and other ancillary equipment. Together with an adjoining facility in Birmingham, Evonik can now provide an integrated range of biomaterial services at a single U.S. site to support projects from initial feasibility through to the commercial production of RESOMER® standard or custom products.

The adjacent CDMO site, which has been successfully inspected by US-FDA and EU health authorities, also offers a range of formulation development and GMP manufacturing services for parenteral drug products, and application development and scale-up services for implantable medical devices.

Because Evonik has harmonized the equipment and processes utilized at both Birmingham and its other main biomaterials facility in Darmstadt, Germany, pharmaceutical and medical device customers can also benefit from a range of dual-sourcing options.

Dr. Andreas Karau, Global Head of Biomaterials for Evonik’s Health Care business line said: “With the commissioning of our new state-of-the-art biomaterials facility in Birmingham, medical device and pharmaceutical customers have even more flexibility in the supply of standard or custom RESOMER® bioresorbable polymers at virtually any clinical or commercial scale. We can also now offer an expanded range of CMO services to support customers in the scale-up and commercial supply of their own proprietary biomaterials and other excipients.”

Mr. John Daly, Site Manager of Evonik Birmingham Laboratories, said: “Birmingham is now a global centre of excellence for the design, development and supply of biomaterials. Regardless of the tightness of a customer’s product specifications or batch volume requirements, we have the technical expertise, operational flexibility, and regulatory track record to deliver the highest levels of quality and supply security.”

Key Points Covered :

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Major Points in Table of Contents:

Section 1 Potassium Bicarbonate Product Definition

Section 2 Global Potassium Bicarbonate Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Potassium Bicarbonate Shipments

2.2 Global Manufacturer Potassium Bicarbonate Business Revenue

2.3 Global Potassium Bicarbonate Market Overview

Section 3 Manufacturer Potassium Bicarbonate Business Introduction

3.1 Shandong Lunan Chemical Potassium Bicarbonate Business Introduction

3.1.1 Shandong Lunan Chemical Potassium Bicarbonate Shipments, Price, Revenue and Gross profit 2014-2019

3.1.2 Shandong Lunan Chemical Potassium Bicarbonate Business Distribution by Region

3.1.3 Shandong Lunan Chemical Interview Record

3.1.4 Shandong Lunan Chemical Potassium Bicarbonate Business Profile

3.1.5 Shandong Lunan Chemical Potassium Bicarbonate Product Specification

3.2 Evonik Potassium Bicarbonate Business Introduction

3.2.1 Evonik Potassium Bicarbonate Shipments, Price, Revenue and Gross profit 2014-2019

3.2.2 Evonik Potassium Bicarbonate Business Distribution by Region

3.2.3 Interview Record

3.2.4 Evonik Potassium Bicarbonate Business Overview

3.2.5 Evonik Potassium Bicarbonate Product Specification

3.3 Wentong Potassium Salt Group Potassium Bicarbonate Business Introduction

3.3.1 Wentong Potassium Salt Group Potassium Bicarbonate Shipments, Price, Revenue and Gross profit 2014-2019

3.3.2 Wentong Potassium Salt Group Potassium Bicarbonate Business Distribution by Region

3.3.3 Interview Record

3.3.4 Wentong Potassium Salt Group Potassium Bicarbonate Business Overview

3.3.5 Wentong Potassium Salt Group Potassium Bicarbonate Product Specification

3.4 Baoding Runfeng Potassium Bicarbonate Business Introduction

3.5 Armand Products Potassium Bicarbonate Business Introduction

3.6 Hebei Xinji Chemical Group Potassium Bicarbonate Business Introduction………………. Request free sample to get a complete Table of Content



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