Sodium Bicarbonate Market Overview:
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 expected to rise in food and beverage industry due to rapid urbanization in emerging economies. The rising demand for soaps & detergents in household will drive the Sodium Bicarbonate market in near future. Sodium Bicarbonate is also used in production of different chemicals such as sodium silicate, chrome chemicals, and other chemicals.
Sodium Bicarbonate Market are growing demand from personal and home care products and food products and emerging economies in the North America and Europe. In addition, the increasing demand from the detergent and soap industry is expected to fuel market growth of sodium bicarbonate in near future.
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Sodium Bicarbonate Market Key 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.
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.
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 consist 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 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……,
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