Global Sodium Bicarbonate Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Sodium Bicarbonate Industry Forecast” looks at past sales and reviews total world Sodium Bicarbonate sales in 2022, providing a comprehensive analysis by region and market sector of projected Sodium Bicarbonate sales for 2023 through 2029. With Sodium Bicarbonate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium Bicarbonate industry.
This Insight Report provides a comprehensive analysis of the global Sodium 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 Sodium Bicarbonate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sodium Bicarbonate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium 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 Sodium Bicarbonate.
The global Sodium Bicarbonate market size is projected to grow from US$ 1642.7 million in 2022 to US$ 2079.1 million in 2029; it is expected to grow at a CAGR of 2079.1 from 2023 to 2029.
Solvay and Church & Dwight, the industry's leading producers, accounted for 24.44% and 13.08% of revenues respectively. By region, the U.S. has the highest share of income, at about 31.5 percent in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Bicarbonate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Technical grade
Medical grade
Food grade
Segmentation by application
Feed Industry
Food Industry
Pharmaceutical Industry
Chemicals Industry
Flue Gas Treatment
Others
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sodium Bicarbonate market?
What factors are driving Sodium Bicarbonate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sodium Bicarbonate market opportunities vary by end market size?
How does Sodium 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.
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