Keen Insight for Potassium Bicarbonate Market - Global Forecast to 2026
The global potassium bicarbonate market is projected to grow from USD 126 million in 2019 to USD 159 million by 2026, at a CAGR of 3.44% during this period.
Major factors contributing to the growth of the global potassium bicarbonate market include rising usage of potassium bicarbonate in various medical applications, growing shift towards organic farming, flourishing food & beverages industry, and advantageous properties of potassium bicarbonate. Furthermore, an increase in adoption of potassium bicarbonate for application in newer industrial vertical, and emerging economies such as China, India, and others, will create new growth opportunities for the market in the years to come. Yet, volatile prices and availability of raw materials, availability of substitute compounds, and stringent government regulations as compared to conventional mineral oils are the key restraints for the global potassium bicarbonate market.
From a geographical perspective, the Asia-Pacific dominated the global potassium bicarbonate market, followed by Europe, with production values accounting for 35.74% and 30.15% of the world respectively. China is the major producer of potassium bicarbonate. The Asia Pacific is projected to have the fastest growth, owing to rapidly increasing healthcare industry, rise in the industrial sector, and growing pharmaceutical, and personal care applications, and rising agricultural activities in developing nations such as China, and India in this region.
Potassium bicarbonate has a wide range of application in the Chemical Industry, Agriculture, Food, Pharmaceutical Industry and Extinguishing Agent Affected by downstream industries, demand Potassium bicarbonate is anticipated to continue increasing during the remaining years of the forecast period of 2019-2026. Potassium bicarbonate industry will usher in a stable growth space.
What is Potassium Bicarbonate
Potassium bicarbonate (also known as potassium bicarbonate or potassium carbonate) is a colorless, odorless, slightly alkaline salty substance. Physically, potassium bicarbonate is present in the form of a crystalline or soft white granulated powder. Potassium bicarbonate is rarely found in its natural form, which is called kalicinite.
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Report Abstract
ü Market Trends and Competitive Landscape
ü Segmentation of Digital Signages Market by Type
ü Segmentation of Digital Signages Market by End-user
ü Market Analysis by Major Region
ü Product Commodity of Digital Signages Market in Major Countries
ü Major Players Profiles
ü Data Source and Research Methodology
Potassium Bicarbonate Type Classification
l Industrial Grade
l Pharmaceutical Grade
l Others
Potassium Bicarbonate End-users Classification
l Food Fields
l Fire Extinguisher Ingredient
l Agriculture
l Pharmaceuticals
l Feed
l Others
Leading Vendors
l Armand Products Company
l Kudos Blends Limited
l Henry Manufacturing Ltd
l Shandong Lunan Chemical Technology
l Shanxi Wencheng Chemicals
l Zhejiang Dayang Biotech Group
l Shanxi Leixin Chemical
Key regions
North America (United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Denmark, Finland, Iceland, Norway and Sweden, Spain, Belgium, Poland, Russia, Turkey, and Others)
Asia-Pacific (China, Japan, India, South Korea, Australia, New Zealand, Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, and Others)
Latin America (Brazil, Argentina, Peru, Chile, and Others)
Middle East & Africa (GCC Countries, Southern Africa, and North Africa)
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Potassium Bicarbonate Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Potassium Bicarbonate Market by Types
4 Segmentation of Potassium Bicarbonate Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Potassium Bicarbonate Market in Major Countries
7 North America Potassium Bicarbonate Landscape Analysis
8 Europe Potassium Bicarbonate Landscape Analysis
9 Asia Pacific Potassium Bicarbonate Landscape Analysis
10 Latin America, Middle East & Africa Potassium Bicarbonate Landscape Analysis
11 Major Players Profile
11.1 Armand Products Company
11.1.1 Armand Products Company Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Kudos Blends Limited
11.3 Henry Manufacturing Ltd
11.4 Shandong Lunan Chemical Technology
11.5 Shanxi Wencheng Chemicals
11.6 Zhejiang Dayang Biotech Group
11.7 Shanxi Leixin Chemical
…
• Base year: 2018
• Estimated year: 2019
• Forecast period: 2019 - 2026
Target Audience:
• Potassium Bicarbonate manufacturers
• Raw material suppliers of Potassium Bicarbonate
• Distributors and resellers of Potassium Bicarbonate
• Potassium Bicarbonate industry associations
• Product managers, Potassium Bicarbonate industry administrator, C-level executives of the industries
• Market Research and consulting firms
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