North American Sodium Bicarbonate Market Analysis & Outlook, 2018-2025 - FMC Corp, Tata Chemicals, Tosoh Corp, Solvay, Vitro, Church & Dwight Co, Novacap Group, and Genesis Energy are Dominating - ResearchAndMarkets.com
The North America sodium bicarbonate market size is expected to reach USD 455.3 million by 2025, registering a 1.8% CAGR during the forecast period.
The "North
America Sodium Bicarbonate Market Size, Share & Trends Analysis Report
By Application (Animal Feed, Food, Chemicals, FGD, Pharma, Agriculture,
Cleaning Products), And Segment Forecasts, 2018 - 2025" report
has been added to ResearchAndMarkets.com's offering.
The North America sodium bicarbonate market size is expected to reach
USD 455.3 million by 2025, registering a 1.8% CAGR during the forecast
period. Growing demand from end-use industries, specifically from the
animal feed industry, is likely to propel market growth.
Sodium bicarbonate is an inorganic chemical and has various end-use
applications. It has wide applicability as an abrasive agent in soda
blasting, which is used for removing surface coatings, and as a source
of carbon dioxide in chemical manufacturing. It is also used to maintain
the pH level of water and neutralizes its acidity.
Animal feed and food and beverages are the two most common application
segments of sodium bicarbonate. The product is also used as a leavening
agent in baking. Growing awareness in developing countries, such as
India and China, regarding the impact of wastewater on human health is
also expected to propel demand for wastewater treatment using sodium
bicarbonate, which, in turn, is anticipated to drive product demand in
future.
It is also used as a primary supplement in cattle and poultry feed and
helps improve rumen performance and overall productivity of dairy cows.
Moreover, it is fed to poultry as an alternative to salt, which helps in
strengthening eggshells.
Adoption of mining solutions, coupled with availability of raw
materials, has played a vital role in boosting the U.S. market. In North
America, shortage of pharmaceutical grade sodium bicarbonate is
projected to lead to increase in product price.
Further key findings from the report suggest:
-
The North America sodium bicarbonate market is anticipated to reach
USD 455.3 million by 2025, registering a CAGR of 1.8% from 2018 to
2025, with demand stemming primarily from the animal feed industry -
U.S. is the dominant country in terms of market share in North
America. It is projected to observe a CAGR of 2.3% over the coming
years owing to growing demand in various end-use industries such as
animal feed, food, chemicals, pharmaceuticals, and water treatment -
Some of the key players in the market are FMC Corporation; Tata
Chemicals Limited; Tosoh Corporation; Solvay; Vitro; Church & Dwight
Co; Novacap Group; and Genesis Energy
Topics Covered
Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope & assumptions
1.3 List of data sources
Chapter 2 Executive Summary
2.1 Industry snapshot
Chapter 3 North America Sodium Bicarbonate Industry Outlook
3.1 Market segmentation
3.2 Market size and growth prospects, 2014-2025
3.3 Sodium bicarbonate market value chain analysis
3.4 North America sodium bicarbonate - supply-demand scenario
3.5 North America sodium bicarbonate - price trend analysis
3.6 North America Sodium Bicarbonate market dynamics
3.6.1 Market driver analysis
3.6.1.1 Growing demand from various end-use industries
3.6.1.2 Rising use of sodium bicarbonate in the animal feed industry
3.6.2 Market restraint analysis
3.6.2.1 Threat from Chinese substitutes
3.7 Industry analysis - Porter's
3.8 PESTEL analysis
Chapter 4 North America Sodium Bicarbonate Market: Application Estimates
& Trend Analysis
4.1 Market share, by application, 2017 & 2025
4.2 North America sodium bicarbonate demand, by application 2014-2025
(Kilotons) (USD Million)
Chapter 5 North America Sodium Bicarbonate Market: Regional Estimates &
Trend Analysis
5.1 North America sodium bicarbonate market share, by region, 2014 to
2025
5.2 U.S.
5.3 Canada
5.4 Mexico
Chapter 6 Competitive Landscape
6.1 North America Sodium Bicarbonate Market, Competitive Heat Map
Analysis
6.2 Production Capacity Outlook
6.3 Vendor landscape
6.4 Competitive environment
6.5 Strategy framework
Chapter 7 Company Profiles
7.1 FMC Corporation
7.2 Tata Chemicals Limited
7.3 Tosoh Corporation
7.4 Solvay S.A.
7.5 Vitro
7.6 Church & Dwight Co. Inc.
7.7 Novacap Group
7.8 Genesis Energy L.P.
7.9 Brenntag North America Inc.
7.10 Natural Soda LLC
7.11 Hawkins Inc.
7.12 Thomas Scientific
7.13 Alfa Aesar, Thermo Fisher Scientific
For more information about this report visit https://www.researchandmarkets.com/research/tnjt82/north_american?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20190306005679/en/