Global Ammonium Bicarbonate Market Growth 2023-2029

Global Ammonium Bicarbonate Market Growth 2023-2029

The global Ammonium Bicarbonate market size is projected to grow from US$ 172.2 million in 2022 to US$ 207.4 million in 2029; it is expected to grow at a CAGR of 207.4 from 2023 to 2029.

This report focuses on the Industrial Grade, Food Grade, and Pharmaceutical Grade Ammonium Bicarbonate. The key producers of ammonium bicarbonate in the world include BASF, Edexconn, MCF, DCW, Yubu Xingsan, Esseco, Bicarbonatos, Shandong Weijiao Group Co., Ltd., Shandong Changhong Food Additives Co., Ltd., Hubei Sanning Chemical Co., Ltd., Hengyang Aijie Technology Co., Ltd. and Taixing Experimental Chemical Co., Ltd, among which the top three manufacturers account for nearly 50% of the market share. The largest manufacturer is BASF, which has a market share of nearly 30%. The global market of ammonium bicarbonate is mainly distributed in the Asia-Pacific region, Europe, North America, South America, the Middle East and Africa, among which the first two markets account for more than 70% of the market share. At present, the Asia-Pacific region is the largest market, accounting for nearly 40% of the market share, followed by Europe and North America. In terms of products, the relative growth rate of pharmaceutical grade is faster. At present, food grade accounts for more than 50% of the market share, followed by industrial grade. In terms of application, the food industry is the largest application field, with more than 60% market share, followed by ammonium salt and baking soda production and lithium battery.

LPI (LP Information)' newest research report, the “Ammonium Bicarbonate Industry Forecast” looks at past sales and reviews total world Ammonium Bicarbonate sales in 2022, providing a comprehensive analysis by region and market sector of projected Ammonium Bicarbonate sales for 2023 through 2029. With Ammonium Bicarbonate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ammonium Bicarbonate industry.

This Insight Report provides a comprehensive analysis of the global Ammonium Bicarbonate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ammonium Bicarbonate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ammonium Bicarbonate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ammonium Bicarbonate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ammonium Bicarbonate.

This report presents a comprehensive overview, market shares, and growth opportunities of Ammonium Bicarbonate market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Food Grade Ammonium Bicarbonate
Industrial Grade Ammonium Bicarbonate
Pharmaceutical Grade Ammonium Bicarbonate

Segmentation by application
Food Industry
Lithium Battery
Production of Ammonium Salt and Baking Soda
Rare Earth Precipitant
Rubber and Leather

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Esseco
Mangalore Chemicals & Fertilizers
DCW
Ube Industries, Ltd.
Esseco
Bicarbonatos
Ahhet
Shandong Weijiao Group Co., Ltd.
Shandong Changhong Food Additives Co., Ltd.
Hubei Sanning Chemical Co., Ltd.
Hengyang Aijie Technology Co., Ltd.
Taixing Experimental Chemical Co., Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ammonium Bicarbonate market?

What factors are driving Ammonium Bicarbonate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ammonium Bicarbonate market opportunities vary by end market size?

How does Ammonium Bicarbonate break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.