Pune, India -- (SBWIRE) -- 05/10/2018 -- Industry/ Innovation/ Related News:

July 2017- Novacap Group, a European based leading manufacturer of soda ash and sodium bicarbonate started commercial scale production unit in Jurong Island, Singapore. With this expansion, the company has increased its global presence by increasing production capacity to 120,000 metric tons. This plant is built with the aim to meet the rising demand for sodium bicarbonate in Asia.

August 2017- Genesis Energy, a Texas based company acquired the alkali business from U.S. based chemical company Tronox. With this acquisition, the company strengthen its position among global sodium bicarbonate manufacturers.

January 2017- Carbon Clean Solutions Limited, a global leader in carbon related technology launched a project to capture carbon content from coal fired power plant in India. After the installation of this unit, the power plant will convert into zero emission plant. This technology will help in reducing pollution and help in increasing efficiency of plant.

June 2016- Solvay S.A along with its distribution partner named Orffa expanded their relationship to serve its sodium bicarbonate based solution BicarZ in the Denmark market. With this agreement, Solvay increase its product penetration in Denmark by utilizing Orffa's technical and marketing competences in animal feed industry in this region.

July 2016- Ajanta Pharma USA Inc., a subsidiary of Ajanta Pharma Ltd. Launched omeprazole and sodium bicarbonate capsules. With this product launch company, the company expand its product portfolio in sodium bicarbonate based drugs.

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Regional Analysis:

The Asia-Pacific Sodium Bicarbonate Market is expected to grow due to growing application industry such as medical, soap & detergents, baking powder, animal feed, chemical raw material, agrochemical, fire-extinguishing agent, and others. China consumes and produces largest market share in Global Sodium Bicarbonate Market. The report estimates the size of the Sodium Bicarbonate Market, both in terms of volume and value. Other regions like India, Indonesia and Japan are expected to drive the demand owing to lenient regulations by government in setting up industries and producing large amounts of products to meet growing population demand. North America witnessed a positive growth of Global Sodium Bicarbonate Market demand due to demand in soaps & detergents, food & beverages followed by Europe and other regions.

Global Sodium Bicarbonate Market Players

Tata Chemicals Ltd. (India)
Solvay S.A. Chemicals Company (Europe)
Church & Dwight, Inc. (USA)
FMC Corporation. (US)
Blue Bird Foods India Pvt. Ltd. (India)
Tosoh Corporation (japan)
Asahi glass co. ltd (Japan)

Segmentation:

The Global Sodium Bicarbonate Market is majorly segmented on the basis of application, end users and region. Based on application of sodium bicarbonate the market is segmented into medical, soap & detergents, baking powder, animal feed, chemical raw material, agrochemical, fire-extinguishing agent, and others. Based on end user the market segmented into pharmaceutical, personal care, textile industry, food & beverages, chemical industry, agriculture and others.

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