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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Ammonium Bicarbonate Market Trends
Rising Demand from the End Use Industries to Aid the Global Market Growth for Ammonium Bicarbonate
The ammonium bicarbonate demand is driven by the rising food industry, where it is employed as an active baking agent in the production of baked goods like biscuits, cookies, among others. Further, the growing population and urban development are strengthening the demand for food, which is likely to have a positive impact in the forecast period as well. Moreover, the highest quality standards of the product are also expected to aid the market growth in the forecast period. In addition to this, the product is also finding extensive use in the end-use industries, such as rubber and leather industry, among others. The sustainable growth of these industries is predicted to aid the ammonium bicarbonate industry positively in the forecast period.
| CAGR 2024-2032 - Market by | Country |
| India | 4.6% |
| China | 4.3% |
| Brazil | 4.1% |
| USA | 3.9% |
| France | 3.7% |
| Canada | XX% |
| UK | 3.4% |
| Germany | XX% |
| Italy | XX% |
| Japan | XX% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Mexico | XX% |
Ammonium Bicarbonate Market Report Snapshots
Ammonium Bicarbonate Market Size
Ammonium Bicarbonate Market Growth
Ammonium Bicarbonate Market Trends
Ammonium Bicarbonate Companies
Ammonium Bicarbonate Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is expected to grow at a CAGR of 4.3% in the forecast period of 2024-2032.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising demand form the food industry, growing consumption of packaged food, and the rising demand from the rubber and leather industries, are expected to aid the market growth.
The key trend guiding the growth of the market includes the sustainable growth of the end use industries of the product.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading grades of ammonium bicarbonate in the market are food grade, technical grade, and agriculture grade.
The significant end-use sectors in the industry are agricultural, ceramic, food and beverage, pharmaceutical, rubber and leather, and textile, among others.
The major players in the industry are BASF SE, Sumitomo Chemical Co., Ltd., Nissan Chemical Corporation, and Mangalore Chemicals & Fertilizers Limited, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124