Global Ammonium Bicarbonate Market 2021 (Includes Business Impact of COVID-19)

  • TBI112499
  • September 16, 2021
  • Global
  • 149 pages
  • Market.US
                                              

Report updated on 11th September, 2021: Global Ammonium Bicarbonate Market 2021 (Includes Business Impact of COVID-19)

Global Ammonium Bicarbonate Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global ammonium bicarbonate market report has been segmented on the basis of type, end-use industry, and region. Request Covid - 19 Impact The global Ammonium Bicarbonate market size was valued at USD$ 1.28 billion in 2020 and is projected to reach UDS$2.49 billion by 2030, and is anticipated to expand at a CAGR of 6.90% over the forecast period from 2020 to 2030.

Global Ammonium Bicarbonate Market: Introduction

Ammonium bicarbonate is a colorless solid and inorganic compound with formula NH5CO3. Ammonium bicarbonate is bicarbonate salt of ammonium. It is used in food industry as a raising agent for baked goods such as crackers and cookies, and in fire-extinguishing compositions.

Global Ammonium Bicarbonate Market: Dynamics

Rising demand for ammonium bicarbonate as a raising agent in the baking application is estimated to drive the growth of the potential market. Growing demand for agricultural grade ammonium bicarbonate as a low-cost nitrogen fertilizer in China is anticipated to support the growth of the target market over the next few years. In addition, increasing demand for ammonium bicarbonate in fire-extinguishing, dyes and pigments, pharmaceuticals, and other applications, which in turn anticipated to support the growth of the ammonium bicarbonate market. However, the availability of substitutes is a major factor anticipated to restrain the growth of the potential market.

Global Ammonium Bicarbonate Market: Type Analysis

Among the type segments, the agricultural grade segment is estimated to dominate the global market. Increasing demand for fertilizers to improve productivity is anticipated to support the growth of the segment over the long run. Food grade ammonium bicarbonate segment is anticipated to grow steadily over the next few years. Rising demand for ammonium bicarbonate in the food industry as a raising agent is projected to support the growth of the potential market.

Global Ammonium Bicarbonate Market: End-use Industry Analysis

Among the end-use industry segments, the agriculture segment is projected to register higher growth rate over the next few years. Increasing demand for ammonium bicarbonate in agricultural applications as fertilizers is anticipated to augment the growth of the segment over the long run. The food segment is anticipated to grow moderately over the next few years. It is a common leaving agent such as baking powder and baking soda used in the baking industry.

Global Ammonium Bicarbonate Market: Regional Analysis

Asia Pacific ammonium bicarbonate market is estimated to dominate the target market over the long run. Rising demand for agricultural grade ammonium bicarbonate in countries in the region is projected to augment the growth of the potential market in the Asia Pacific over a few years. China is the largest manufacturer and consumer of ammonium bicarbonate. In addition, the growing food industry in countries such as India, China, Indonesia, and others is projected to drive the growth of the Asia Pacific ammonium bicarbonate market. The Asia Pacific is anticipated to be the largest consumer of ammonium bicarbonate followed by the Europe market. The Europe ammonium bicarbonate market is projected to register moderate growth over the next few years. In addition, rising demand for agricultural grade ammonium bicarbonate is projected to support the growth of Europe ammonium bicarbonate market.

Below are the active patents related to Ammonium Bicarbonate Market.

Patent Number: CN104891550A Method of preparing ceria by mixed precipitant Abstract A method of preparing ceria by a mixed precipitant mainly comprises the steps of enabling a mixed solution of ammonium bicarbonate and ammonia as the precipitant to perform combined action with inoculating crystals, precipitating rare earth ions in a rare earth chloride solution to obtain a mixture with primary alkali type cerous carbonate and subsidiary cerous carbonate and cerium hydroxide, and further firing to prepare a rare earth ceria product. The prepared ceria accords with industry standards; reaction conditions of the method are mild; energy consumption during preparing process is obviously reduced, and the cost is low; meanwhile, the carbon dioxide emission is greatly reduced, and obvious social benefit and environmental benefit are achieved. Application File Date: 2015-07-03 Application Granted Date: 2017-03-01 Current Assignee: Yanshan University Patent Number: US10793458B2 Process to recover ammonium bicarbonate from wastewater Abstract The present invention is a process, a method, and system for recovery and concentration of dissolved ammonium bicarbonate from a wastewater containing ammonia (NH3) using gas separation, condensation, filtration, and crystallization, each at controlled operating temperatures. The present invention includes 1) removal of ammonia from waste (sludges, semi-solids, and solids and liquids) without the use of chemicals at a temperature of at least 80 degrees Celsius, 2) mixing of the gaseous ammonia with carbon dioxide and water vapor and concentrating dissolved ammonium carbonate and ammonium bicarbonate using reverse osmosis at a temperature of between about 35 and 50 degrees Celsius, and 3) crystallizing concentrated dissolved ammonium carbonate and ammonium bicarbonate at a temperature of less than about 35 degrees Celsius to form solid ammonium bicarbonate and ammonium carbonate. Application File Date: 2018-09-24 Application Granted Date: 2020-10-06 Current Assignee: BION ENVIRONMENTAL TECHNOLOGIES Inc Patent Number: US20160200613A1 Process to recover ammonium bicarbonate from wastewater Abstract The present invention is a process, a method, and system for recovery and concentration of dissolved ammonium bicarbonate from a wastewater containing ammonia (NH3) using gas separation, condensation, filtration, and crystallization, each at controlled operating temperatures. The present invention includes 1) removal of ammonia from waste (sludges, semi-solids, and solids and liquids) without the use of chemicals at a temperature of at least 80 degrees Celsius, 2) mixing of the gaseous ammonia with carbon dioxide and water vapor and concentrating dissolved ammonium carbonate and ammonium bicarbonate using reverse osmosis at a temperature of between about 35 and 50 degrees Celsius, and 3) crystallizing concentrated dissolved ammonium carbonate and ammonium bicarbonate at a temperature of less than about 35 degrees Celsius to form solid ammonium bicarbonate and ammonium carbonate. Application File Date: 2015-09-14 Application Granted Date: 2018-10-23 Current Assignee: BION ENVIRONMENTAL TECHNOLOGIES Inc

Global Ammonium Bicarbonate Market Segmentation:

Segmentation by Type:
  • Agriculture Grade
  • Food Grade
  • Technical Grade
Segmentation by End-use Industry:
  • Food
  • Agriculture
  • Rubber and Leather Industry
  • Others

Key Market Players included in the report:

  • ADDCON GROUP GmbH
  • Anhui Haoyuan Chemical Group Co., Ltd.
  • BASF SE
  • Clariant Ag
  • DCW Ltd.
  • Haoyuan Chemical
  • Jinshi Group
  • Mangalore Chemicals & Fertilizers Limited
  • MCF
  • Merck KGaA
  • Sanning Chemical
  • Shandong Hualu-Hengsheng Chemical Co., Ltd.
  • Shandong Weijiao Holdings Group Co., Ltd.
  • Sumitomo Chemical Co., Ltd.
  • Xinji JiuYuan Chemical Industry Co., Ltd.

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Ammonium Bicarbonate Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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