Global Sodium Bicarbonate Market In-Depth Analysis 2023


Posted January 3, 2020 by healthcaresector

Sodium Bicarbonate Market Global Research Report by Grade (Feed, Food, Technical, Pharmaceutical), End-User

 
Market Overview

Market Research Future (MRFR) announces the publication of its research report Global Sodium Bicarbonate Market, 2023.

Sodium Bicarbonate is also known as baking soda with molecular formula (Na2CO3). Sodium Bicarbonate is found in white powder as well as crystals, and is odourless alkali chemical.

Sodium Bicarbonate is a crystalline solid and find variety of usage includes graffiti removal, household uses, drug intoxications, and detergent. The Sodium Bicarbonate market is estimated to grow tremendously and register a robust growth with a healthy CAGR during the forecast period. Some of the important drivers supporting the market growth are rapidly growing pharmaceutical and chemical industry, due to rising demand for cleaning products combined with growing health consciousness among consumer. Another key factor which is further propelling the growth of sodium bicarbonate market is superior growth in food & beverage industry on account of increasing demand for packaged food worldwide. Moreover, high demand in animal feed industry is expected to fuel the market growth.

Leading Players

Sodium Bicarbonate Market are: Tata Chemicals Ltd. (India), Solvay S.A. Chemicals Company (Europe), and Church & Dwight, Inc. (USA), FMC Corporation. (US), Blue Bird Foods India PVT. Ltd. (India), Tosoh Corporation (japan), Asahi glass co. ltd (Japan), and Others.

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Sodium Bicarbonate Market Segmentation:

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.

Sodium Bicarbonate Market Regional Analysis:

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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Issued By Market Research Future
Phone 6468459312
Business Address Office No. 528, Amanora Chambers
Country India
Categories Agriculture , Food , Industry
Tags sodium bicarbonate industry , sodium bicarbonate market analysis , sodium bicarbonate market growth , sodium bicarbonate market overview , sodium bicarbonate market share
Last Updated January 3, 2020