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Ammonium Bicarbonate Market Regional Analysis By Product, Type till 2019-2025
In terms of consumption side, this report focuses on the consumption of Ammonium Bicarbonate by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Ammonium bicarbonate is an inorganic compound with formula (NH4) HCO3, simplified to NH5CO3. It is the bicarbonate salt of ammonium. It is a colourless solid that degrades readily to carbon dioxide and ammonia.
The global average price of ammonium bicarbonate is in the decreasing trend, from 112 USD/MT in 2011 to 101 USD/MT in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years. The classification of Ammonium Bicarbonate includes Food Grade Technical Grade and Agriculture Grade, and the proportion of agriculture grade ammonium bicarbonate in 2015 is about 83%, and the proportion is in decreasing trend from 2011 to 2015.
Ammonium Bicarbonate is widely used in agriculture and food industry The most proportion of Ammonium Bicarbonate is used in agriculture, and the production proportion in 2015 is about 80%. China region is the largest supplier of ammonium bicarbonate, with a production market share nearly 93% in 2015. Europe is the second largest supplier of ammonium bicarbonate, enjoying production market share nearly 4% in 2015. China also is the largest consumption place, with a consumption market share nearly 88.5% in 2015. Following China, Europe is the second largest consumption place with the consumption market share of 3.5%.
Market competition is intense. Merial, Shandong ShunTian Chemical Anhui Jinhe etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the Solid position in the industry. The Ammonium Bicarbonate market was valued at 1480 Million US$ in 2017 and is projected to reach 840 Million US$ by 2025, at a CAGR of -6.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Ammonium Bicarbonate.
Ask for PDF Copy of this Report at https://www.qyresearch.com/sample-form/form/719307/global-ammonium-bicarbonate-industry-research-report-growth-trends-and-competitive-analysis-2018-2025
This report includes the following manufacturers; we can also add the other companies as you want.
BASF
ADDCON
Sumitomo Chemical
MCF
Shandong ShunTian Chemical
Anhui Jinhe
Haoyuan Chemical
Anhui Huaertai Chemical
Jinshi Group
Sanning Chemical
Market Segment by Product Type
Agriculture Grade
Food Grade
Technical Grade
Order a Copy of Report at https://www.qyresearch.com/settlement/pre/643950c4e5c3ba5383969b1e3268d3e7,0,1,Global%20Ammonium%20Bicarbonate%20Industry%20Research%20Report,%20Growth%20Trends%20and%20Competitive%20Analysis%202018-2025
Market Segment by Application
food industry
Rubber and leather industry
Agriculture
Other
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