The global Sodium Bicarbonate market was valued at 168.96 Million USD in 2021 and will grow with a CAGR of .61% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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Sodium Bicarbonate is a chemical compound with the formula NaHCO3. It is a salt composed of sodium ions and bicarbonate ions. Sodium bicarbonate is used in a wide range of applications including food, feed, pharmaceuticals, air pollution control, personal care products, etc.The technical barriers of sodium bicarbonate are not high, resulting in numerous manufacturing enterprises.
In sodium bicarbonate market, there are several relatively larger companies across the globe, such as Solvay, Church & Dwight, Natural Soda, Novacarb, Tata Chemicals, FMC Corporation Inner Mongolia Yuanxing, Yuhua Chemical, Qingdao Soda Ash, Haohua Honghe Chemical, Hailian Sanyii, and Tianjin Bohua YongLi Chemical Industry. And their plants mainly distribute in USA and China.
Growth in consumption of bicarb has slowed from the rapid rate seen during last five years. The reasons for this slower growth include reduced consumption in detergents with the switch to liquid formulations in North America and Western Europe, the near completion of replacement in flue gas treatment uses, and more recently, the slowdown of the Chinese economy.
By Market Verdors:
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
Hailian Sanyii
Tianjin Bohua YongLi Chemical Industry
Lengshuijiang Xianhe Chemical
Shandong Haihua Group
Hebei Huachen Pharmaceutical
Inner Mongolia Ortork Banner Shuangxin Chemical
Lianyungang Doda Ash
Xuyue
By Types:
Technical grade
Medical grade
Food grade
By Applications:
Feed Industry
Food Industry
Pharmaceutical Industry
Chemicals Industry
Flue Gas Treatment
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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Table of content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Sodium Bicarbonate Revenue
1.4 Market Analysis by Type
1.4.1 Global Sodium Bicarbonate Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 Technical grade
1.4.3 Medical grade
1.4.4 Food grade
1.5 Market by Application
1.5.1 Global Sodium Bicarbonate Market Share by Application: 2022-2027
1.5.2 Feed Industry
1.5.3 Food Industry
1.5.4 Pharmaceutical Industry
1.5.5 Chemicals Industry
1.5.6 Flue Gas Treatment
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Sodium Bicarbonate Market
1.8.1 Global Sodium Bicarbonate Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Sodium Bicarbonate Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Sodium Bicarbonate Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Sodium Bicarbonate Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Sodium Bicarbonate Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Sodium Bicarbonate Sales Volume Market Share by Region (2016-2021)
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