Sodium Bicarbonate Market - Global Industry Analysis, Size, Share, Growth | 2021
Global Sodium Bicarbonate Market is classified on the basis of
type, application, end use industry, and geography. Sodium bicarbonate is the
monosodium salt of carbonic acid with alkalinizing and electrolyte replacement
properties. Sodium bicarbonate forms sodium and bicarbonate ions, upon
dissociation. Sodium bicarbonate is a white, crystalline and odourless powder
that is commonly used as a pH buffering agent, an electrolyte replenisher,
systemic alkalizer and in topical cleansing solutions. Sodium bicarbonate is
also called baking soda and its chemical formula is NaHCO3.
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Baking soda is known as nahcolite, which is part of the natural
mineral natron. Natron contains large amounts of sodium bicarbonate and has
been used since ancient times as a deodorizer, soother and cleanser. Sodium
bicarbonate also reduces stomach acid. It is used as an antacid to treat
heartburn, indigestion, and upset stomach. The factors that propel the growth
of the Sodium Bicarbonate Market include rapidly growing pharmaceutical and
chemical industry, due to increasing demand for cleaning products along with
increasing health consciousness among consumers. In addition, noteworthy growth
in the food industry owing to a high demand for packaged food across the globe
is also fueling the market growth.
Another key factor driving the market growth includes high demand
of personal care products among consumers and ultimately substantial growth in
the cosmetics industry Moreover; high demand in animal feed industry is also
having a positive impact on the market growth. On the other hand, there are
also factors that may hamper the growth of the market such asside effects like
eye and skin irritation. In addition, government regulations for usage of
sodium bicarbonate in industries may also restrain the market growth.
Sodium Bicarbonate Market is classified on the basis of type as
Grade 1 (Powdered), Grade 2 – TFF (Treated Free-Flowing), Grade 3 (Fine
Granular) and Grade 4 (Granular). Based on application the market is bifurcated
into cattle feed supplement, fire extinguisher, cooking, neutralization of
acids and bases, medical uses, personal hygiene, in sports, as a cleaning
agent, bio pesticide, and others. Sodium Bicarbonate Market is classified on
the basis of end use industry as food & beverage, cosmetics, agriculture,
chemical, pharmaceutical, petroleum, feed and others. Sodium Bicarbonate Market
is classified on the basis of geography as North America, Latin America,
Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.
The North American region consists of the U.S., and Canada. Latin
America region consists of Mexico and Brazil. The Western European region
consists of Germany, Italy, France, England and Spain. The Eastern European
region consists of Poland and Russia. Asia Pacific region consists of China,
India, ASEAN, Australia & New Zealand. The Middle East and Africa region
consists of GCC, South Africa and North Africa. Some of the key players that
fuel the growth of the Sodium Bicarbonate Market include Church & Dwight,
Solvay, Natural Soda, Tata Chemicals, FMC, Asahi, Tosoh, Noah Technologies,
Berun, Yuhua Chemical, HaohuaHonghe, HailianSanyii, BohuaYongli, Qingdao Soda
Ash, Xuyue, Lianyungang Doda Ash, Haihua and others.
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