Potassium Bicarbonate Industry Research Report 2024

Potassium Bicarbonate Industry Research Report 2024


Summary

1. The global potassium bicarbonate production market was 101509 MT in 2016. Forecasts suggest the market to grow at a CAGR of 5.68% through to 2023, driven primarily by Asia and especially China. The region is poised to dominate both the production and consumption of potassium bicarbonate in the years to come. Overall, the potassium bicarbonate products performance is positive with the global economic recovery.
2. The technical barriers of potassium bicarbonate are not high, resulting in numerous manufacturing enterprises. In potassium bicarbonate market, there are several relatively larger companies across the globe, such as Shandong Lunan Chemical, Evonik, Wentong Potassium Salt Group, Baoding Runfeng and Armand Products. And their plants mainly distribute in USA, Germany and China.
3. Potassium bicarbonate has a wide range of application in the Chemical Industry, Agriculture, Food, Pharmaceutical Industry and Extinguishing Agent Affected by downstream industries, demand for Potassium bicarbonate is expected to continue increasing during the remaining years of the forecast period of 2017-2023. Potassium bicarbonate industry will usher in a stable growth space.
4. Over the forecast period to 2023 world consumption is expected to continue to increase, but at a slower growth rate of about 5.34% per year. The largest part of demand growth will be in Asian markets; accordingly, companies like Shandong Lunan Chemical and Evonik have reacted by investing in additional capacity in the region, mostly for specialty products.

According to APO Research, The global Potassium Bicarbonate market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Potassium Bicarbonate is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Potassium Bicarbonate is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Potassium Bicarbonate is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Potassium Bicarbonate include etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Potassium Bicarbonate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Potassium Bicarbonate.

The report will help the Potassium Bicarbonate manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Potassium Bicarbonate market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Potassium Bicarbonate market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
Shandong Lunan ChemicalEvonikWentong Potassium Salt GroupBaoding RunfengArmand ProductsHebei Xinji Chemical GroupShanxi Wencheng ChemicalToagosei GroupShijiazhuang Runhong TechnologyPotassium Bicarbonate segment by Type
Food GradePharmaceutical GradeIndustrial GradePotassium Bicarbonate segment by Application
Chemical IndustryAgricultureFoodPharmaceutical IndustryExtinguishing AgentOthersPotassium Bicarbonate Segment by Region
North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaChina TaiwanIndonesiaThailandMalaysiaLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaUAE

Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Potassium Bicarbonate market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Potassium Bicarbonate and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Potassium Bicarbonate.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Potassium Bicarbonate manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Potassium Bicarbonate by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Potassium Bicarbonate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Potassium Bicarbonate by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Food Grade
2.2.3 Pharmaceutical Grade
2.2.4 Industrial Grade
2.3 Potassium Bicarbonate by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Chemical Industry
2.3.3 Agriculture
2.3.4 Food
2.3.5 Pharmaceutical Industry
2.3.6 Extinguishing Agent
2.3.7 Others
2.4 Global Market Growth Prospects
2.4.1 Global Potassium Bicarbonate Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Potassium Bicarbonate Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Potassium Bicarbonate Production Estimates and Forecasts (2019-2030)
2.4.4 Global Potassium Bicarbonate Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Potassium Bicarbonate Production by Manufacturers (2019-2024)
3.2 Global Potassium Bicarbonate Production Value by Manufacturers (2019-2024)
3.3 Global Potassium Bicarbonate Average Price by Manufacturers (2019-2024)
3.4 Global Potassium Bicarbonate Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Potassium Bicarbonate Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Potassium Bicarbonate Manufacturers, Product Type & Application
3.7 Global Potassium Bicarbonate Manufacturers, Date of Enter into This Industry
3.8 Global Potassium Bicarbonate Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Shandong Lunan Chemical
4.1.1 Shandong Lunan Chemical Potassium Bicarbonate Company Information
4.1.2 Shandong Lunan Chemical Potassium Bicarbonate Business Overview
4.1.3 Shandong Lunan Chemical Potassium Bicarbonate Production Capacity, Value and Gross Margin (2019-2024)
4.1.4 Shandong Lunan Chemical Product Portfolio
4.1.5 Shandong Lunan Chemical Recent Developments
4.2 Evonik
4.2.1 Evonik Potassium Bicarbonate Company Information
4.2.2 Evonik Potassium Bicarbonate Business Overview
4.2.3 Evonik Potassium Bicarbonate Production Capacity, Value and Gross Margin (2019-2024)
4.2.4 Evonik Product Portfolio
4.2.5 Evonik Recent Developments
4.3 Wentong Potassium Salt Group
4.3.1 Wentong Potassium Salt Group Potassium Bicarbonate Company Information
4.3.2 Wentong Potassium Salt Group Potassium Bicarbonate Business Overview
4.3.3 Wentong Potassium Salt Group Potassium Bicarbonate Production Capacity, Value and Gross Margin (2019-2024)
4.3.4 Wentong Potassium Salt Group Product Portfolio
4.3.5 Wentong Potassium Salt Group Recent Developments
4.4 Baoding Runfeng
4.4.1 Baoding Runfeng Potassium Bicarbonate Company Information
4.4.2 Baoding Runfeng Potassium Bicarbonate Business Overview
4.4.3 Baoding Runfeng Potassium Bicarbonate Production Capacity, Value and Gross Margin (2019-2024)
4.4.4 Baoding Runfeng Product Portfolio
4.4.5 Baoding Runfeng Recent Developments
4.5 Armand Products
4.5.1 Armand Products Potassium Bicarbonate Company Information
4.5.2 Armand Products Potassium Bicarbonate Business Overview
4.5.3 Armand Products Potassium Bicarbonate Production Capacity, Value and Gross Margin (2019-2024)
4.5.4 Armand Products Product Portfolio
4.5.5 Armand Products Recent Developments
4.6 Hebei Xinji Chemical Group
4.6.1 Hebei Xinji Chemical Group Potassium Bicarbonate Company Information
4.6.2 Hebei Xinji Chemical Group Potassium Bicarbonate Business Overview
4.6.3 Hebei Xinji Chemical Group Potassium Bicarbonate Production Capacity, Value and Gross Margin (2019-2024)
4.6.4 Hebei Xinji Chemical Group Product Portfolio
4.6.5 Hebei Xinji Chemical Group Recent Developments
4.7 Shanxi Wencheng Chemical
4.7.1 Shanxi Wencheng Chemical Potassium Bicarbonate Company Information
4.7.2 Shanxi Wencheng Chemical Potassium Bicarbonate Business Overview
4.7.3 Shanxi Wencheng Chemical Potassium Bicarbonate Production Capacity, Value and Gross Margin (2019-2024)
4.7.4 Shanxi Wencheng Chemical Product Portfolio
4.7.5 Shanxi Wencheng Chemical Recent Developments
4.8 Toagosei Group
4.8.1 Toagosei Group Potassium Bicarbonate Company Information
4.8.2 Toagosei Group Potassium Bicarbonate Business Overview
4.8.3 Toagosei Group Potassium Bicarbonate Production Capacity, Value and Gross Margin (2019-2024)
4.8.4 Toagosei Group Product Portfolio
4.8.5 Toagosei Group Recent Developments
4.9 Shijiazhuang Runhong Technology
4.9.1 Shijiazhuang Runhong Technology Potassium Bicarbonate Company Information
4.9.2 Shijiazhuang Runhong Technology Potassium Bicarbonate Business Overview
4.9.3 Shijiazhuang Runhong Technology Potassium Bicarbonate Production Capacity, Value and Gross Margin (2019-2024)
4.9.4 Shijiazhuang Runhong Technology Product Portfolio
4.9.5 Shijiazhuang Runhong Technology Recent Developments
5 Global Potassium Bicarbonate Production by Region
5.1 Global Potassium Bicarbonate Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Potassium Bicarbonate Production by Region: 2019-2030
5.2.1 Global Potassium Bicarbonate Production by Region: 2019-2024
5.2.2 Global Potassium Bicarbonate Production Forecast by Region (2025-2030)
5.3 Global Potassium Bicarbonate Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Potassium Bicarbonate Production Value by Region: 2019-2030
5.4.1 Global Potassium Bicarbonate Production Value by Region: 2019-2024
5.4.2 Global Potassium Bicarbonate Production Value Forecast by Region (2025-2030)
5.5 Global Potassium Bicarbonate Market Price Analysis by Region (2019-2024)
5.6 Global Potassium Bicarbonate Production and Value, YOY Growth
5.6.1 North America Potassium Bicarbonate Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Potassium Bicarbonate Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Potassium Bicarbonate Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Potassium Bicarbonate Production Value Estimates and Forecasts (2019-2030)
6 Global Potassium Bicarbonate Consumption by Region
6.1 Global Potassium Bicarbonate Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Potassium Bicarbonate Consumption by Region (2019-2030)
6.2.1 Global Potassium Bicarbonate Consumption by Region: 2019-2030
6.2.2 Global Potassium Bicarbonate Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Potassium Bicarbonate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Potassium Bicarbonate Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Potassium Bicarbonate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Potassium Bicarbonate Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Potassium Bicarbonate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Potassium Bicarbonate Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Potassium Bicarbonate Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Potassium Bicarbonate Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Potassium Bicarbonate Production by Type (2019-2030)
7.1.1 Global Potassium Bicarbonate Production by Type (2019-2030) & (MT)
7.1.2 Global Potassium Bicarbonate Production Market Share by Type (2019-2030)
7.2 Global Potassium Bicarbonate Production Value by Type (2019-2030)
7.2.1 Global Potassium Bicarbonate Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Potassium Bicarbonate Production Value Market Share by Type (2019-2030)
7.3 Global Potassium Bicarbonate Price by Type (2019-2030)
8 Segment by Application
8.1 Global Potassium Bicarbonate Production by Application (2019-2030)
8.1.1 Global Potassium Bicarbonate Production by Application (2019-2030) & (MT)
8.1.2 Global Potassium Bicarbonate Production by Application (2019-2030) & (MT)
8.2 Global Potassium Bicarbonate Production Value by Application (2019-2030)
8.2.1 Global Potassium Bicarbonate Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Potassium Bicarbonate Production Value Market Share by Application (2019-2030)
8.3 Global Potassium Bicarbonate Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Potassium Bicarbonate Value Chain Analysis
9.1.1 Potassium Bicarbonate Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Potassium Bicarbonate Production Mode & Process
9.2 Potassium Bicarbonate Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Potassium Bicarbonate Distributors
9.2.3 Potassium Bicarbonate Customers
10 Global Potassium Bicarbonate Analyzing Market Dynamics
10.1 Potassium Bicarbonate Industry Trends
10.2 Potassium Bicarbonate Industry Drivers
10.3 Potassium Bicarbonate Industry Opportunities and Challenges
10.4 Potassium Bicarbonate Industry Restraints
11 Report Conclusion
12 Disclaimer

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