Industry Background:
Ammonium Carbonate is also known as hartshorn or baker’s ammonia or sal volatile. It is a non-toxic white crystalline salt with the molecular formula (NH4)2CO3. It is water-soluble and decomposes in hot water. Ammonium Carbonate is a white powder that is majorly used as a leavening agent in flat baked goods. In addition, it is also the main component of smelling salts. Ammonium carbonate is produced by combining carbon dioxide and aqueous ammonia. The increasing use of ammonium carbonate in the processed foods and pharmaceutical formulations has driven the global ammonium carbonate market.
The Global Ammonium Carbonate market presents a comprehensive analysis of the Ammonium Carbonate market by product type (Reagent Grade and Technical Grade), by end-user/application (Pharmaceutical & Chemical, Food & Beverages, Personal Care & Cosmetics and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Vendors profiled in the report are BASF SE (Germany), Oasis Fine Chem (India), Akash Purochem Private Limited (India), Taixing Dongyu Chemical (China), Yixing Weixing Chemical (China), Taixing Experimental Chemical (China), P J Chemicals (India), Avantor (United States), Honeywell International Inc. (United States), Sandvik AB (Sweden), Bayer Crop Science (Germany), Monsanto Company (United States), Shanghai Mingdou Agrochemical Co. Ltd (China), Syngenta AG (Switzerland), Shanghai Tenglong Agrochemical Co. Ltd. (China) and Safex Chemicals (India).
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | BASF SE (Germany), Oasis Fine Chem (India), Akash Purochem Private Limited (India), Taixing Dongyu Chemical (China), Yixing Weixing Chemical (China), Taixing Experimental Chemical (China), P J Chemicals (India), Avantor (United States), Honeywell International Inc. (United States), Sandvik AB (Sweden), Bayer Crop Science (Germany), Monsanto Company (United States), Shanghai Mingdou Agrochemical Co. Ltd (China), Syngenta AG (Switzerland), Shanghai Tenglong Agrochemical Co. Ltd. (China) and Safex Chemicals (India) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Demand for Ammonium Carbonate in Paint Stripper Applications
Market Growth Drivers:
Increased Demand From Developing Economies, Snowballing Demand For Processed Foods and Pharmaceutical Formulations Using Ammonium Carbonate:” In the pharmaceutical industry, ammonium carbonate necessary for the preparation of ammonia spirit and used as a reflex respiratory stimulant in hysterical syncope. Additionally, it is used as an emetic and an active ingredient in some cough syrups designed to relieve the symptoms of bronchitis.“
Challenges:
Threat of Substitutes
Restraints:
Stringent Regulations for the Manufacturers
Opportunities:
Rising Use of Ammonium Carbonate in Bakery Products, Increasing Use in Smokeless Tobacco Products and Growing Awareness about the Ingredients
Regional Breakdown and Segment Analysis
This section of our report presents a realistic picture of the Global Ammonium Carbonate industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest. For instance, while the Europe holds majority of market share of the Ammonium Carbonate, the North America has emerged as a crucial market for several Ammonium Carbonate brands.
The Uses, such as Leavening Agent, is boosting the Ammonium Carbonate market and is anticipated to experience a steady growth during the forecast period.
The Packaging, such as Bags, is boosting the Ammonium Carbonate market and is anticipated to experience a steady growth during the forecast period.
The Ammonium Carbonate market is fragmented and it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Also, the increase in investments in the ammonia industry is expected to drive the demand for ammonium carbonate.
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)