Ammonium Bicarbonate is a type of inorganic chemical compound with formula HCO3. Ammonium bicarbonate is a colorless crystalline bicarbonate salt of the ammonium ion. Ammonium bicarbonate degrades readily in the presence of water, ammonia, and carbon dioxide.
It is used as a source of the carbon dioxide in some low-moisture baked goods. Ammonium bicarbonate is synthesized by combining ammonia and carbon dioxide. It is thermally unstable, for such property the reaction solution of the ammonium bicarbonate is kept cold.
Ammonium bicarbonate is used as a raising agent in the food industry for baked goods such as crackers and cookies. Ammonium bicarbonate is also known as baking powder in the food industry. However, ammonium bicarbonate cannot be used for moist and bulky baked goods.
Furthermore, ammonium bicarbonate can be used as a nitrogen fertilizer in the agriculture industry to improve the crop yield and production in the limited cultivable areas. Besides, ammonium bicarbonate can be used as a constituent in the formulation of fire-extinguisher compounds, pharmaceutical among others
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Global Ammonium Bicarbonate Market: Dynamics
Market Drivers:
Intensifying growth of food industry coupled with the growing population
Ammonium bicarbonate is extensively used in the food industry for the production of baked goods such as cookies, and biscuits among others. Globally, the food industry has registered significant growth in the past few years. Growing population and urban development are increasing the demand for food, which is expected to boost the demand for ammonium bicarbonate in the coming years. Being a very active baking agent, ammonium bicarbonate does not leave any flavor-affecting deposits. It always meets highest quality standards. Such factor is also projected to lay a strong base for strong growth for the global ammonium bicarbonate market in the upcoming year.
Penetration across various end-use industries
Ammonium bicarbonate is used in the production of pharmaceutical, pigments, dyes, and ceramics among others. It is widely used in the rubber and leather industry in the production of chrome leather tanning, synthesis of catalyst, and manufacturer of ceramics. Sustainable growth of all such kind of industries is expected to fuel the demand for ammonium bicarbonate across the globe during the forecast period.
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Global Ammonium Bicarbonate Market: Market Participants
Some of the key market participants involved in the Ammonium Bicarbonate market are as follows:
- BASF SE
- ADDCON NORDIC A/S
- Sumitomo Chemical Co. Ltd.
- Shandong Hualu-Hengsheng Chemical Co., Ltd
- Mangalore Chemicals & Fertilizers Limited
- Xinji JiuYuan Chemical Industry Co., Ltd.
- Shandong Shuntian Chemical Group
- Anhui Haoyuan Chemical Group Co., Ltd.
- Shandong Weijiao Holdings Group Co., Ltd.
- Clariant Ag
- DCW Ltd.
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