North America Sodium Bicarbonate Market Size, Share & Trends Analysis Report By Application (Animal Feed, Food, Chemicals, FGD, Pharma, Agriculture, Cleaning Products), And Segment Forecasts, 2018 - 2025

Published: Dec, 2018 | Pages: 71 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The North America sodium bicarbonate market size is expected to reach USD 455.3 million by 2025, according to a new report by Grand View Research, Inc., registering a 1.8% CAGR during the forecast period. Growing demand from end-use industries, specifically from the animal feed industry, is likely to propel market growth.

Sodium bicarbonate is an inorganic chemical and has various end-use applications. It has wide applicability as an abrasive agent in soda blasting, which is used for removing surface coatings, and as a source of carbon dioxide in chemical manufacturing. It is also used to maintain the pH level of water and neutralizes its acidity.

Animal feed and food and beverages are the two most common application segments of sodium bicarbonate. The product is also used as a leavening agent in baking. Growing awareness in developing countries, such as India and China, regarding the impact of wastewater on human health is also expected to propel demand for wastewater treatment using sodium bicarbonate, which, in turn, is anticipated to drive product demand in future.

It is also used as a primary supplement in cattle and poultry feed and helps improve rumen performance and overall productivity of dairy cows. Moreover, it is fed to poultry as an alternative to salt, which helps in strengthening eggshells.

Adoption of mining solutions, coupled with availability of raw materials, has played a vital role in boosting the U.S. market. In North America, shortage of pharmaceutical grade sodium bicarbonate is projected to lead to increase in product price.

Further key findings from the report suggest:

• The North America sodium bicarbonate market is anticipated to reach USD 455.3 million by 2025, registering a CAGR of 1.8% from 2018 to 2025, with demand stemming primarily from the animal feed industry

• U.S. is the dominant country in terms of market share in North America. It is projected to observe a CAGR of 2.3% over the coming years owing to growing demand in various end-use industries such as animal feed, food, chemicals, pharmaceuticals, and water treatment

• Some of the key players in the market are FMC Corporation; Tata Chemicals Limited; Tosoh Corporation; Solvay S.A.; Vitro; Church & Dwight Co., Inc.; Novacap Group; and Genesis Energy, LP.

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Research methodology
                   1.2 Research scope & assumptions
                   1.3 List of data sources

Chapter 2 Executive Summary
                   2.1 Industry snapshot

Chapter 3 North America Sodium Bicarbonate Industry Outlook
                   3.1 Market segmentation
                   3.2 Market size and growth prospects, 2014 - 2025
                   3.3 Sodium bicarbonate market value chain analysis
                   3.4 North America sodium bicarbonate - supply-demand scenario
                   3.5 North America sodium bicarbonate - price trend analysis
                   3.6 North America Sodium Bicarbonate market dynamics
                       3.6.1 Market driver analysis
                           3.6.1.1 Growing demand from various end-use industries
                           3.6.1.2 Rising use of sodium bicarbonate in the animal feed industry
                       3.6.2 Market restraint analysis
                           3.6.2.1 Threat from Chinese substitutes
                   3.7 Industry analysis - Porter's
                   3.8 PESTEL analysis

Chapter 4 North America Sodium Bicarbonate Market: Application Estimates & Trend Analysis
                   4.1 Market share, by application, 2017 & 2025
                   4.2 North America sodium bicarbonate demand, by application 2014 - 2025 (Kilotons) (USD Million)
                       4.2.1 Chemicals
                           4.2.1.1 Market estimates and forecasts, in chemicals 2014 - 2025 (Kilotons) (USD Million)
                       4.2.2 Agriculture
                           4.2.2.1 Market estimates and forecasts, in agriculture 2014 - 2025 (Kilotons) (USD Million)
                       4.2.3 Animal feed
                           4.2.3.1 Market estimates and forecasts, in animal feed 2014 - 2025 (Kilotons) (USD Million)
                       4.2.4 Food
                           4.2.4.1 Market estimates and forecasts, in food 2014 - 2025 (Kilotons) (USD Million)
                       4.2.5 Pharmaceuticals
                           4.2.5.1 Market estimates and forecasts, in pharmaceuticals2014 - 2025 (Kilotons) (USD Million)
                       4.2.6 Cleaning products
                           4.2.6.1 Market estimates and forecasts, in cleaning products 2014 - 2025 (Kilotons) (USD Million)
                       4.2.7 Water treatment
                           4.2.7.1 Market estimates and forecasts, in water treatment 2014 - 2025 (Kilotons) (USD Million)
                       4.2.8 Flue gas desulfurization
                           4.2.8.1 Market estimates and forecasts, in flue gas desulfurization 2014 - 2025 (Kilotons) (USD Million)
                       4.2.9 Others
                           4.2.9.1 Market estimates and forecasts, in others 2014 - 2025 (Kilotons) (USD Million)

Chapter 5 North America Sodium Bicarbonate Market: Regional Estimates & Trend Analysis
                   5.1 North America sodium bicarbonate market share, by region, 2014 to 2025
                   5.2 U.S.
                       5.2.1 U.S. sodium bicarbonate demand, by application 2014 - 2025 (Kilotons) (USD Million)
                   5.3 Canada
                       5.3.1 Canada sodium bicarbonate demand, by application 2014 - 2025 (Kilotons) (USD Million)
                   5.4 Mexico
                       5.4.1 Mexico sodium bicarbonate demand, by application 2014 - 2025 (Kilotons) (USD Million)

Chapter 6 Competitive Landscape
                   6.1 North America Sodium Bicarbonate Market, Competitive Heat Map Analysis
                   6.2 Production Capacity Outlook
                   6.3 Vendor landscape
                   6.4 Competitive environment
                   6.5 Strategy framework

Chapter 7 Company Profiles
                   7.1 FMC Corporation
                       7.1.1 Company overview
                       7.1.2 Financial performance
                       7.1.3 Product benchmarking
                   7.2 Tata Chemicals Limited
                       7.2.1 Company overview
                       7.2.2 Financial performance
                       7.2.3 Product benchmarking
                   7.3 Tosoh Corporation
                       7.3.1 Company overview
                       7.3.2 Financial performance
                       7.3.3 Product benchmarking
                   7.4 Solvay S.A.
                       7.4.1 Company overview
                       7.4.2 Financial performance
                       7.4.3 Product benchmarking
                       7.4.4 Strategic initiatives
                   7.5 Vitro
                       7.5.1 Company overview
                       7.5.2 Financial performance
                       7.5.3 Product benchmarking
                   7.6 Church & Dwight Co., Inc.
                       7.6.1 Company overview
                       7.6.2 Financial performance
                       7.6.3 Product benchmarking
                   7.7 Novacap Group
                       7.7.1 Company overview
                       7.7.2 Product benchmarking
                       7.7.3 Strategic initiatives
                   7.8 Genesis Energy, LP
                       7.8.1 Company overview
                       7.8.2 Financial performance
                       7.8.3 Product benchmarking
                       7.8.4 Strategic initiatives
                   7.9 Brenntag North America, Inc.
                       7.9.1 Company overview
                       7.9.2 Financial performance
                       7.9.3 Product benchmarking
                   7.10 Natural Soda LLC
                       7.10.1 Company overview
                       7.10.2 Product benchmarking
                   7.11 Hawkins, Inc.
                       7.11.1 Company overview
                       7.11.2 Financial performance
                       7.11.3 Product benchmarking
                   7.12 Thomas Scientific
                       7.12.1 Company overview
                       7.12.2 Product benchmarking
                   7.13 Alfa Aesar, Thermo Fisher Scientific
                       7.13.1 Company overview
                       7.13.2 Financial performance
                       7.13.3 Product benchmarking

List of Tables

TABLE 1 North America sodium bicarbonate volume estimates, by application, 2014 - 2025 (Kilotons)
TABLE 2 North America sodium bicarbonate revenue estimates, by application, 2014 - 2025 (USD Million)
TABLE 3 North America sodium bicarbonate market estimates and forecasts, in chemicals, 2014 - 2025 (Kilotons) (USD Million)
TABLE 4 North America sodium bicarbonate market estimates and forecasts, in agriculture, 2014 - 2025 (Kilotons) (USD Million)
TABLE 5 North America sodium bicarbonate market estimates and forecasts, in animal feed, 2014 - 2025 (Kilotons) (USD Million)
TABLE 6 North America sodium bicarbonate market estimates and forecasts, in food, 2014 - 2025 (Kilotons) (USD Million)
TABLE 7 North America sodium bicarbonate market estimates and forecasts, in pharmaceuticals, 2014 - 2025 (Kilotons) (USD Million)
TABLE 8 North America sodium bicarbonate market estimates and forecasts, in cleaning products, 2014 - 2025 (Kilotons) (USD Million)
TABLE 9 North America sodium bicarbonate market estimates and forecasts, in water treatment, 2014 - 2025 (Kilotons) (USD Million)
TABLE 10 North America sodium bicarbonate market estimates and forecasts, in flue gas desulfurization, 2014 - 2025 (Kilotons) (USD Million)
TABLE 11 North America sodium bicarbonate market estimates and forecasts, in others, 2014 - 2025 (Kilotons) (USD Million)
TABLE 12 U.S. sodium bicarbonate volume estimates, by application, 2014 - 2025 (Kilotons)
TABLE 13 U.S. sodium bicarbonate revenue estimates, by application, 2014 - 2025 (USD Million)
TABLE 14 Canada sodium bicarbonate volume estimates, by application, 2014 - 2025 (Kilotons)
TABLE 15 Mexico sodium bicarbonate volume estimates, by application, 2014 - 2025 (Kilotons)

List of Figures

FIG. 1 North America sodium bicarbonate market snapshot, by volume (2017 & 2025)
FIG. 2 North America sodium bicarbonate market segmentation
FIG. 3 North America Sodium Bicarbonate market size and growth prospects, 2014-2025
FIG. 4 North America sodium bicarbonate market - value chain analysis
FIG. 5 U.S. sodium bicarbonate import- export (2014 to 2016)
FIG. 6 North America demand by application (2016)
FIG. 7 Soda ash production from 2011 to 2016 (in thousand metric tons)
FIG. 8 North America sodium bicarbonate price trend, by country for 2014 to 2016 (USD/Kg)
FIG. 9 North America Sodium Bicarbonate market dynamics
FIG. 10 World natural soda ash production, by country, 2011 to 2016 (in thousand tons)
FIG. 11 World total natural and synthetic soda ash production, 2011 to 2016 (in thousand tons)
FIG. 12 North America Sodium Bicarbonate market Porter analysis
FIG. 13 North America Sodium Bicarbonate market PESTLE analysis
FIG. 14 North America sodium bicarbonate market volume share, by application, 2016 & 2025
FIG. 15 North America sodium bicarbonate volume share, by region, 2016 to 2025 (CAGR %)
FIG. 16 Competitive strategy adopted by leading players