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Ammonium Bicarbonate Market 2022 Trends, Share, Size, Growth, Opportunity and Forecast to 2031

02-24-2022 04:32 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Ammonium Bicarbonate Market 2022-2031

Ammonium Bicarbonate Market 2022-2031

Ammonium Bicarbonate Market 2022-2031

Ammonium Bicarbonate is a type of inorganic chemical compound with formula HCO3. Ammonium bicarbonate is a colorless crystalline bicarbonate salt of the ammonium ion. Ammonium bicarbonate degrades readily in the presence of water, ammonia, and carbon dioxide.

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It is used as a source of the carbon dioxide in some low-moisture baked goods. Ammonium bicarbonate is synthesized by combining ammonia and carbon dioxide. It is thermally unstable, for such property the reaction solution of the ammonium bicarbonate is kept cold.

Ammonium bicarbonate is used as a raising agent in the food industry for baked goods such as crackers and cookies. Ammonium bicarbonate is also known as baking powder in the food industry. However, ammonium bicarbonate cannot be used for moist and bulky baked goods.

Furthermore, ammonium bicarbonate can be used as a nitrogen fertilizer in the agriculture industry to improve the crop yield and production in the limited cultivable areas. Besides, ammonium bicarbonate can be used as a constituent in the formulation of fire-extinguisher compounds, pharmaceutical among others

Key Players:

The report has profiled some of the important players prevalent in the global like - BASF SE, ADDCON NORDIC A/S, Sumitomo Chemical Co. Ltd., Shandong Hualu-Hengsheng Chemical Co., Ltd, Mangalore Chemicals & Fertilizers Limited, Xinji JiuYuan Chemical Industry Co., Ltd., Shandong Shuntian Chemical Group, Anhui Haoyuan Chemical Group Co., Ltd., Shandong Weijiao Holdings Group Co., Ltd., Clariant Ag, DCW Ltd. and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Ammonium Bicarbonate Market.                

Ammonium Bicarbonate Market: Dynamics

Market Drivers:

Intensifying growth of food industry coupled with the growing population

Ammonium bicarbonate is extensively used in the food industry for the production of baked goods such as cookies, and biscuits among others. Globally, the food industry has registered significant growth in the past few years. Growing population and urban development are increasing the demand for food, which is expected to boost the demand for ammonium bicarbonate in the coming years. Being a very active baking agent, ammonium bicarbonate does not leave any flavor-affecting deposits. It always meets highest quality standards. Such factor is also projected to lay a strong base for strong growth for the global ammonium bicarbonate market in the upcoming year.

Penetration across various end-use industries

Ammonium bicarbonate is used in the production of pharmaceutical, pigments, dyes, and ceramics among others. It is widely used in the rubber and leather industry in the production of chrome leather tanning, synthesis of catalyst, and manufacturer of ceramics. Sustainable growth of all such kind of industries is expected to fuel the demand for ammonium bicarbonate across the globe during the forecast period.
Market Restraints:

Strict regulation and standards about the use of chemicals in the food industry

Several health-related ills such as breathing ammonium bicarbonate can irritate the throat, lungs, and nose causing coughing, wheezing and shortness of breath. Along with this, the presence of alternatives is some of the factors that are anticipated to hampering the ammonium bicarbonate market growth in the coming years.
Ammonium Bicarbonate Market: Segmentation

Basis of grade - Agriculture Grade, Food Grade, Technical Grade

Basis of application - Solvent, Raising agent, Nitrogen Fertilizer, Others

Basis of end-use -Food Industry, Agricultural Industry, Pharmaceutical Industry, Textile Industry, Ceramic Industry, Rubber and Leather Reagent, Others

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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders 
Ammonium Bicarbonate Market Manufacturers 
Ammonium Bicarbonate Market Distributors/Traders/Wholesalers 
Ammonium Bicarbonate Market Subcomponent Manufacturers 
Industry Association 
Downstream Vendors

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Ammonium Bicarbonate Market - Report Highlights

A detailed overview of parent market of Ammonium Bicarbonate Market
Changing Ammonium Bicarbonate Market dynamics in the industry
In-depth segmentation of the Ammonium Bicarbonate Market
Historical, current, and projected Ammonium Bicarbonate Market size regarding volume and value
Recent industry trends and developments in Ammonium Bicarbonate Market
Competitive landscape of the Ammonium Bicarbonate Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Ammonium Bicarbonate Market performance
Must-have information for Ammonium Bicarbonate Market players to sustain and enhance their market footprint                                             

Key Questions Answered in the Ammonium Bicarbonate Market Report

How is the Ammonium Bicarbonate Market expected to grow over the projected period?

What direction is the Ammonium Bicarbonate Market expected to take in terms of volume and value during the forecast period?

What is the impact of macroeconomic factors on the Ammonium Bicarbonate Market in future?

What are the key market drivers in the Ammonium Bicarbonate Market?

What are significant opportunities and improvement areas for Ammonium Bicarbonate Market manufacturers?

What are the key developments and trends taking over the Ammonium Bicarbonate Market?

Which are the emerging countries that are expected to create significant growth opportunities in the Ammonium Bicarbonate Market?  

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About PersistenceMarketResearch:

PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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