Global Sodium Bicarbonate Market Growth 2019-2024
Sodium Bicarbonate, commonly known as baking soda, is a chemical compound with the formula NaHCO3. It is a salt composed of a sodium cation (Na+) and a bicarbonate anion (HCO3−). Sodium bicarbonate is a white solid that is crystalline, but often appears as a fine powder.
Over the forecast period to 2024, India consumption is expected to continue to increase, but at a slower growth rate of about 4% per year. The largest part of demand growth will be in feed markets; accordingly, companies like tata chemical and GHCL have reacted by investing in additional capacity in the region, mostly for specialty products.
According to this study, over the next five years the Sodium Bicarbonate market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sodium Bicarbonate business, shared in Chapter 3.
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.
This study considers the Sodium Bicarbonate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Technical Grade
Medical Grade
Food Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Feed Industry
Food Industry
Pharmaceutical Industry
Chemicals Industry
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Tata Chemicals
GHCL
DCW
Solvay
NovaBay Pharmaceuticals
Inner Mongolia Yuanxing
Yuhua Chemical
Qingdao Soda Ash
Haohua Honghe Chemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Sodium Bicarbonate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sodium Bicarbonate market by identifying its various subsegments.
Focuses on the key global Sodium Bicarbonate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sodium Bicarbonate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sodium Bicarbonate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Over the forecast period to 2024, India consumption is expected to continue to increase, but at a slower growth rate of about 4% per year. The largest part of demand growth will be in feed markets; accordingly, companies like tata chemical and GHCL have reacted by investing in additional capacity in the region, mostly for specialty products.
According to this study, over the next five years the Sodium Bicarbonate market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sodium Bicarbonate business, shared in Chapter 3.
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.
This study considers the Sodium Bicarbonate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Technical Grade
Medical Grade
Food Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Feed Industry
Food Industry
Pharmaceutical Industry
Chemicals Industry
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Tata Chemicals
GHCL
DCW
Solvay
NovaBay Pharmaceuticals
Inner Mongolia Yuanxing
Yuhua Chemical
Qingdao Soda Ash
Haohua Honghe Chemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Sodium Bicarbonate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sodium Bicarbonate market by identifying its various subsegments.
Focuses on the key global Sodium Bicarbonate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sodium Bicarbonate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sodium Bicarbonate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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