Middle East & Africa Sodium Bicarbonate Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Grade (Food Grade, Pharmaceutical Grade, Feed Grade, and Technical Grade and Others), Form (Powder and Liquid), and End User (Food & Beverages, Pharmaceutical, Agriculture, Chemical, Cosmetic & Personal Care, Textile & Leather, Homecare, and Others)
The sodium bicarbonate market in Middle East & Africa is expected to grow from US$ 80.96 million in 2022 to US$ 97.77 million by 2028. It is estimated to grow at a CAGR of 3.2% from 2022 to 2028.
The growing focus on the treatment of industrial pollutants is the key factor driving the growth of the Middle East & Africa sodium bicarbonate market. The volume of wastewater discharged into the environment has become a genuine concern with rapid demographic changes, economic developments, urban growth, and increased population density. The disposal of untreated or poorly treated wastewater pollutes natural environments, and the repetitive discharge can be catastrophic for biodiversity and water resources. To address these issues, regulations on water quality have been tightened to protect the environment. There is a high focus on following the best wastewater management practices at national and local levels. As cities are growing, there is a growing focus on reusing wastewater. Sodium bicarbonate is an important material used to control pH, alkalinity, and purification processes in water treatment facilities.
Various industrial activities lead to elevated air pollution levels with adverse effects on human health. Governments worldwide are involved in planning the correct strategies to improve air quality. Sodium bicarbonate finds application in the treatment of acidic flue gases. Flue gas treatment revolves around reducing the quantities of pollutants emitted when fossil fuels are burnt at a power plant, an industrial facility, or any other place. Thus, a growing focus on the treatment of industrial pollutants is predicted to offer lucrative opportunities for the growth of the MEA sodium bicarbonate market during the forecast period.
Vendors can attract new customers and expand their footprints in emerging markets with new features and technologies. This factor is likely to drive the Middle East & Africa sodium bicarbonate market at a good CAGR during the forecast period.
Middle East & Africa Sodium Bicarbonate Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Sodium Bicarbonate Market Segmentation
The Middle East & Africa sodium bicarbonate market is segmented by grade, form, end user, and country. Based on grade, the market is segmented into food grade, pharmaceutical grade, feed grade, and technical grade and others. The technical grade and others segment has been holding the largest market share in 2022.
Based on form, the market is segmented into powder and liquid. The powder segment is holding a larger market share in 2022.
Based on end user, the market is segmented into food & beverages, pharmaceutical, agriculture, chemical, cosmetic & personal care, textile & leather, homecare, and others. The food & beverages segment is holding the largest market share in 2022.
Based on country, the regional market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of the Middle East & Africa. The Rest of the MEA is holding the largest market share in 2022.
AGC Inc.; Church & Dwight, Inc.; Ciech S.A.; GHCL Limited; Pon Pure Chemicals Group; SiÅecam; Solvay S.A.; and Tosoh Corporation are the leading companies operating in the sodium bicarbonate market in the region.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa sodium bicarbonate market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa sodium bicarbonate market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the sodium bicarbonate market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution"
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook