Adoption Scenario of Ammonium Bicarbonate Market to Remain Positive Through 2019

Posted by Pradnya on April 5th, 2021

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. 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

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

Ammonium Bicarbonate Market: Segmentation

Global Ammonium Bicarbonate market can be segmented on the basis of grade, application, end-use, and region.

On the basis of grade, the Ammonium Bicarbonate market is segmented into:

• Agriculture Grade
• Food Grade
• Technical Grade

On the basis of application, the Ammonium Bicarbonate market is segmented into:

• Solvent
• Raising agent
• Nitrogen Fertilizer
• Others

On the basis of end-use, the Ammonium Bicarbonate market is segmented into:

• Food Industry
• Agricultural Industry
• Pharmaceutical Industry
• Textile Industry
• Ceramic Industry
• Rubber and Leather Reagent
• Others

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