The global Sodium Bicarbonate market was valued at 168.96 Million USD in 2021 and will grow with a CAGR of .61% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.The technical barriers of sodium bicarbonate are not high, resulting in numerous manufacturing enterprises. In sodium bicarbonate market, there are several relatively larger companies across the globe, such as Solvay, Church & Dwight, Natural Soda, Novacarb, Tata Chemicals, FMC Corporation Inner Mongolia Yuanxing, Yuhua Chemical, Qingdao Soda Ash, Haohua Honghe Chemical, Hailian Sanyii, and Tianjin Bohua YongLi Chemical Industry. And their plants mainly distribute in USA and China. Growth in consumption of bicarb has slowed from the rapid rate seen during last five years. The reasons for this slower growth include reduced consumption in detergents with the switch to liquid formulations in North America and Western Europe, the near completion of replacement in flue gas treatment uses, and more recently, the slowdown of the Chinese economy.

By Market Verdors:

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

By Types:

Technical grade

Medical grade

Food grade

By Applications:

Feed Industry

Food Industry

Pharmaceutical Industry

Chemicals Industry

Flue Gas Treatment

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements