Sodium Bicarbonate Market Key Players:
• 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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Sodium Bicarbonate Market Competitive Landscape:
Sodium Bicarbonate report analyses the degree of competition among the market players as well as industry growth and market scenario. The global sodium bicarbonate market consists of diverse players operating in the market including large scale and small scale manufacturers. This industry is moving towards growth consolidation specifically, by Asia Pacific as small scale and key players are from this region specifically from China, South Korea, Thailand, and India.
Furthermore, manufacturers from Europe and North America are planning to expand their manufacturing base to Asia Pacific region in order to meet the demand for sodium bicarbonate in this region. Moreover, the market is growing with a significant growth rate which raises the competitive rivalry among the industry players.
Sodium Bicarbonate Market Segmentation:
Sodium Bicarbonate Market is segmented on the basis of application, end users and region.
By application, the global sodium bicarbonate market is segmented on the basis of medical, soap & detergents, baking powder, animal feed, chemical raw material, agrochemical, fire-extinguishing agent, and others. There is a high demand for sodium bicarbonate in the medical field, majorly used as antacids. It is used to treat the symptoms of stomach or duodenal ulcers. Moreover, it is also used to relieve heartburn and acid indigestion by neutralizing excess stomach acid.
By end users, the market is segmented on the basis of pharmaceutical, personal care, textile industry, food & beverages, chemical industry, agriculture and others. Sodium bicarbonate in food and beverage industry is extensively used in baking goods, legumes and beans, food colouring, effervescent soda, and vegetable and fruit scrub. Hence, the plethora of applications of sodium bicarbonate in the food and beverage industry propels its demand and leads to the segment growth.
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.
Sodium Bicarbonate Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Sodium Bicarbonate Market
Sodium Bicarbonate Market Table of Content to be Continue……,
Sodium Bicarbonate Market List of Table:
Table 1 Market Synopsis
Table 2 List Of Assumptions
Table 3 Global Sodium Bicarbonate, By Grade, 2016–2023 (USD Million)
Table 4 Global Sodium Bicarbonate Market, By Grade, 2016–2023 (KILO Tons)
Table 5 Global Sodium Bicarbonate Market For Feed, By Region, 2016–2023 (USD Million)
Sodium Bicarbonate Market List of Table to be Continue……,
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