Sodium Bicarbonate Market Share, Consumption Analysis and Strategic Outlook till 2025
Global Sodium Bicarbonate Market is classified on the basis of type,
application, end use industry, and geography. Sodium bicarbonate is the
monosodium salt of carbonic acid with alkalinizing and electrolyte replacement
properties. Sodium bicarbonate forms sodium and bicarbonate ions, upon
dissociation. Sodium bicarbonate is a white, crystalline and odourless powder
that is commonly used as a pH buffering agent, an electrolyte replenisher,
systemic alkalizer and in topical cleansing solutions. Sodium bicarbonate is
also called baking soda and its chemical formula is NaHCO3.
Access Sodium Bicarbonate Market Report with TOC @ https://www.millioninsights.com/industry-reports/sodium-bicarbonate-market
Baking
soda is known as nahcolite, which is part of the natural mineral natron. Natron
contains large amounts of sodium bicarbonate and has been used since ancient
times as a deodorizer, soother and cleanser. Sodium bicarbonate also reduces
stomach acid. It is used as an antacid to treat heartburn, indigestion, and
upset stomach. The factors that propel the growth of the Sodium Bicarbonate
Market include rapidly growing pharmaceutical and chemical industry, due to
increasing demand for cleaning products along with increasing health
consciousness among consumers. In addition, noteworthy growth in the food
industry owing to a high demand for packaged food across the globe is also
fuelling the market growth.
Another
key factor driving the market growth includes high demand of personal care
products among consumers and ultimately substantial growth in the cosmetics
industry Moreover; high demand in animal feed industry is also having a
positive impact on the market growth. On the other hand, there are also factors
that may hamper the growth of the market such as side effects like eye and skin
irritation. In addition, government regulations for usage of sodium bicarbonate
in industries may also restrain the market growth.
Sodium
Bicarbonate Market is classified on the basis of type as Grade 1 (Powdered),
Grade 2 – TFF (Treated Free-Flowing), Grade 3 (Fine Granular) and Grade 4
(Granular). Based on application the market is bifurcated into cattle feed
supplement, fire extinguisher, cooking, neutralization of acids and bases,
medical uses, personal hygiene, in sports, as a cleaning agent, biopesticide,
and others. Sodium Bicarbonate Market is classified on the basis of end use
industry as food & beverage, cosmetics, agriculture, chemical,
pharmaceutical, petroleum, feed and others.
Global Sodium Bicarbonate market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
Solvay
•
Church & Dwight
•
Natural Soda
•
Novacarb
•
Tata Chemicals
• FMC
Corporation
•
Natrium Products
•
Tosoh Corporation
•
Asahi
•
Inner Mongolia Yuanxing
•
Yuhua Chemical
•
Qingdao Soda Ash
•
Haohua Honghe Chemical and many others
On the basis of product, this
report displays the production, revenue, price, market share and growth rate of
each type, primarily split into
•
Technical Grade
•
Medical Grade
• Food
Grade
On the basis of the end
users/applications, this report focuses on the status and outlook for major
applications/end users, consumption (sales), market share and growth rate for
each application, including
•
Feed Industry
•
Food Industry
•
Pharmaceutical Industry
•
Flue Gas Treatment
•
Chemicals Industry
•
Other
Request a Sample Copy of Sodium Bicarbonate Market Report @ https://www.millioninsights.com/industry-reports/sodium-bicarbonate-market/request-sample
Sodium Bicarbonate
Market is classified on the basis of geography as North America, Latin America,
Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.
The North American region consists of the U.S., and Canada. Latin America
region consists of Mexico and Brazil. The Western European region consists of
Germany, Italy, France, England and Spain. The Eastern European region consists
of Poland and Russia. Asia Pacific region consists of China, India, ASEAN,
Australia & New Zealand. The Middle East and Africa region consists of GCC,
South Africa and North Africa.
Comments
Post a Comment