Potassium bicarbonate (also known as potassium hydrogen carbonate or potassium acid carbonate) is a colorless, odorless, slightly basic, salty substance. According to the U.S. Food and Drug Administration (FDA), potassium bicarbonate is "generally recognized as safe". There is no evidence of human carcinogenicity, no adverse effects of overexposure, and an undetermined LD50. It is among the food additives encoded by European Union, identified by the E number E501. Physically, potassium bicarbonate occurs as a crystal or a soft white granular powder. Potassium bicarbonate is very rarely found in its natural form, the mineral called kalicinite.
The technical barriers of potassium bicarbonate are not high, resulting in numerous manufacturing enterprises. In potassium bicarbonate market, there are several relatively larger companies across the globe, such as Shandong Lunan Chemical, Evonik, Wentong Potassium Salt Group, Baoding Runfeng and Armand Products. And their plants mainly distribute in USA, Germany and China.
Potassium bicarbonate has a wide range of application in the Chemical Industry, Agriculture, Food, Pharmaceutical Industry and Extinguishing Agent Affected by downstream industries, demand for Potassium bicarbonate is expected to continue increasing during the remaining years of the forecast period of 2017-2023. Potassium bicarbonate industry will usher in a stable growth space.
According to this study, over the next five years the Potassium Bicarbonate market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 150 million by 2024, from US$ 120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Potassium Bicarbonate business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Potassium Bicarbonate market by product type, application, key manufacturers and key regions and countries.
This study considers the Potassium Bicarbonate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Food Grade
Pharmaceutical Grade
Industrial Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Chemical Industry
Agriculture
Food
Pharmaceutical Industry
Extinguishing Agent
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Shandong Lunan Chemical
Evonik
Wentong Potassium Salt Group
Baoding Runfeng
Armand Products
Hebei Xinji Chemical Group
Shanxi Wencheng Chemical
Toagosei Group
Shijiazhuang Runhong Technology
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Potassium Bicarbonate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Potassium Bicarbonate market by identifying its various subsegments.
Focuses on the key global Potassium Bicarbonate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Potassium Bicarbonate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Potassium Bicarbonate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Potassium Bicarbonate . Industry analysis & Market Report on Potassium Bicarbonate is a syndicated market report, published as Global Potassium Bicarbonate Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Potassium Bicarbonate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.