Wednesday 23 May 2018

Sodium Bicarbonate Market 2018- Growth Analysis by Manufacturers, Regions, Type and Application, Forecast Analysis to 2025


Sodium Bicarbonate Market is classified on the basis of type, application, end use industry, and geography. Sodium bicarbonate is the monosodium salt of carbonic acid with alkalinizing and electrolyte replacement properties. Sodium bicarbonate forms sodium and bicarbonate ions, upon dissociation. Sodium bicarbonate is a white, crystalline and odourless powder that is commonly used as a pH buffering agent, an electrolyte replenisher, systemic alkalizer and in topical cleansing solutions. Sodium bicarbonate is also called baking soda and its chemical formula is NaHCO3.
Baking soda is known as nahcolite, which is part of the natural mineral natron. Natron contains large amounts of sodium bicarbonate and has been used since ancient times as a deodorizer, soother and cleanser. Sodium bicarbonate also reduces stomach acid. It is used as an antacid to treat heartburn, indigestion, and upset stomach. The factors that propel the growth of the Sodium Bicarbonate Market include rapidly growing pharmaceutical and chemical industry, due to increasing demand for cleaning products along with increasing health consciousness among consumers. In addition, noteworthy growth in the food industry owing to a high demand for packaged food across the globe is also fuelling the market growth.

Another key factor driving the market growth includes high demand of personal care products among consumers and ultimately substantial growth in the cosmetics industry Moreover; high demand in animal feed industry is also having a positive impact on the market growth. On the other hand, there are also factors that may hamper the growth of the market such asside effects like eye and skin irritation. In addition, government regulations for usage of sodium bicarbonate in industries may also restrain the market growth.



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