The Global Sodium Bicarbonate Market is expected to grow at a compound annual growth rate of 5.10% in the forecast period of 2021 to 2028 and is likely to reach USD 155.81 million by 2028. The rise in the popularity of sodium bicarbonate due to its stabilized pH value and ability to reduce acidic conditions is a significant factor driving the market growth rate.
Likewise, the various beneficial properties of sodium bicarbonate such as odor neutralizing, grease cutting and mild abrasive and increase in the use of baking soda as a deodorizing agent in personal care products will produce lucrative opportunities for the growth of the sodium bicarbonate market.
Sodium Bicarbonate Market Scenario
According to Data Bridge Market Research the market for sodium bicarbonate is expected to gain growth because of the rise in the use in animal nutrition. Also the easy availability of product and high demand in the food industry are also expected to fuel the demand of the sodium bicarbonate market over the forecast period of 2021 to 2028. Whereas, the implementation of government regulations regarding the usage and increased competition from substitutes is expected to hinder the growth of the sodium bicarbonate market in the aforementioned forecast period.
Now the question is which are the other regions that sodium bicarbonate market is targeting? Data Bridge Market Research has estimated large growth in the Asia-Pacific due to high demand for sodium bicarbonate animal feed, food and beverages, personal care and pharmaceuticals.
For more analysis on the sodium bicarbonate market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-sodium-bicarbonate-market
Sodium Bicarbonate Market Scope
Sodium bicarbonate market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
- All country based analysis of sodium bicarbonate market is further analyzed based on maximum granularity into further segmentation. On the basis of form, the sodium bicarbonate market is segmented into slurry, crystal/powdered crystal and liquid. On the basis of grade, the sodium bicarbonate market is segmented into feed, food, technical and pharmaceutical. On the basis of end-user, the sodium bicarbonate market is segmented into feed, food & beverages, flue gas treatment, personal care and pharmaceuticals, detergents and cleaning agents, hemodialysis, agriculture, chemicals, textile and others.
- Sodium carbonate is a type of a chemical compound having formula Na2CO3. The product is strong alkali which is highly used in the green cleaning products.
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Key Pointers Covered in the Sodium Bicarbonate Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- Norkem
- NATURAL SODA, LLC
- Solvay
- Crystal Mark, Inc
- Paras Chemical Industries
- Tosoh Corporation
- FMC Corporation
- Vitro
- Haohua Honghe Chemical Co., Ltd
- Opta Group LLC
- Tata Chemicals Ltd
- Church & Dwight Co., Inc
- Hawkins, Inc
- Kazan Soda Elektik
- CIECH GROUP
- Şişecam
- Bashkir Soda Company
- Novacap
- AGC Inc
- Tata Chemicals Ltd
Above are the key players covered in the report, to know about more and exhaustive list of sodium bicarbonate companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-sodium-bicarbonate-market
Research Methodology of Global Sodium Bicarbonate Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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