Global Potassium Bicarbonate Sales Market Report 2020

Potassium bicarbonate (also known as potassium hydrogen carbonate or potassium acid carbonate) is a colorless, odorless, slightly basic, salty substance. According to the U.S. Food and Drug Administration (FDA), potassium bicarbonate is "generally recognized as safe". There is no evidence of human carcinogenicity, no adverse effects of overexposure, and an undetermined LD50. It is among the food additives encoded by European Union, identified by the E number E501. Physically, potassium bicarbonate occurs as a crystal or a soft white granular powder. Potassium bicarbonate is very rarely found in its natural form, the mineral called kalicinite.
The technical barriers of potassium bicarbonate are not high, resulting in numerous manufacturing enterprises. In potassium bicarbonate market, there are several relatively larger companies across the globe, such as Shandong Lunan Chemical, Evonik, Wentong Potassium Salt Group, Baoding Runfeng and Armand Products. And their plants mainly distribute in USA, Germany and China.
Potassium bicarbonate has a wide range of application in the Chemical Industry, Agriculture, Food, Pharmaceutical Industry and Extinguishing Agent Affected by downstream industries, demand for Potassium bicarbonate is expected to continue increasing during the remaining years of the forecast period of 2017-2023. Potassium bicarbonate industry will usher in a stable growth space.

Market Analysis and Insights: Global Potassium Bicarbonate Market
The global Potassium Bicarbonate market size is projected to reach US$ 165.9 million by 2026, from US$ 134.1 million in 2020, at a CAGR of 3.6% during 2021-2026.

Global Potassium Bicarbonate Scope and Market Size
The global Potassium Bicarbonate market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Potassium Bicarbonate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Potassium Bicarbonate market is segmented into
Food Grade
Pharmaceutical Grade
Industrial Grade

Segment by Application, the Potassium Bicarbonate market is segmented into
Chemical Industry
Agriculture
Food
Pharmaceutical Industry
Extinguishing Agent
Others

The Potassium Bicarbonate market is analysed and market size information is provided by regions (countries). Segment by Application, the Potassium Bicarbonate market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Potassium Bicarbonate Market Share Analysis
Potassium Bicarbonate market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Potassium Bicarbonate business, the date to enter into the Potassium Bicarbonate market, Potassium Bicarbonate product introduction, recent developments, etc.

The major vendors covered:
Shandong Lunan Chemical
Evonik
Wentong Potassium Salt Group
Baoding Runfeng
Armand Products
Hebei Xinji Chemical Group
Shanxi Wencheng Chemical
Toagosei Group
Shijiazhuang Runhong Technology