According to a new market research report published by Global Insight Services “Ammonium Carbonate Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Ammonium carbonate is a white solid that is commonly used as a leavening agent in baking. When heated, it decomposes to form ammonia gas and carbon dioxide gas. Ammonium carbonate is also used in the production of ammonium salts, such as ammonium chloride.
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Key Trends
The key trends in Ammonium Carbonate technology are in the areas of production, applications, and safety.
In terms of production, there has been a shift from traditional batch production methods to continuous production methods. This has resulted in increased efficiency and productivity.
In terms of applications, Ammonium Carbonate is increasingly being used in the food and beverage industry as a leavening agent.
In terms of safety, Ammonium Carbonate is classified as a food-grade chemical and is considered to be safe for human consumption.
Key Drivers
The key drivers of the ammonium carbonate market are its low cost, versatility, and safety.
Ammonium carbonate is used in a variety of industries, including food and beverage, pharmaceuticals, and cosmetics. It is an essential ingredient in many products, such as baking powder, certain medicines, and certain cosmetics.
Ammonium carbonate is also used as a fire extinguisher and as a cleaning agent. The market for ammonium carbonate is expected to grow due to the increasing demand from these industries.
Market Segments
The ammonium carbonate market is segmented by type, application, end-user, and region. By type, the market is classified into pharmaceutical grade, and chemical grade. Based on application, it is bifurcated into pharmaceutical ingredients, foaming agents, and others. On the basis of end-user, it is divided into energy, automotive, healthcare, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global ammonium carbonate market includes players such as Bayer Crop Science, Shanghai Ming dou Agrochemical Corporation Limited, Syngenta AG, Oasis Fine Chem, Taixing Experimental Chemical, Akash Puro Chem Private Limited, Shanghai Teng long Agrochemical Corporation Limited, Monsanto, BASF, Yixing Waxing Chemical, and others.
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