According to the report by Expert Market Research (EMR), the global ammonium carbonate market size is projected to grow at a CAGR of 3.2% between 2024 and 2032. Aided by the evolving consumer preference towards sustainable products, the market is expected to grow significantly by 2032.
Ammonium carbonate, a compound with significant applications in various industries, primarily functions as a leavening agent in food production and a key ingredient in pharmaceuticals and household cleaning products. Its unique properties make it a versatile and valuable substance in multiple market segments.
The food industry remains a substantial contributor to the ammonium carbonate market growth. Its role as a leavening agent in baked goods is irreplaceable, particularly in traditional European baking recipes. The rising global demand for bakery products, coupled with the growing preference for convenience foods, has substantially fuelled the market expansion for ammonium carbonate.
Get a Free Sample Report with a Table of Contents: https://www.expertmarketresearch.com/reports/ammonium-carbonate-market/requestsample
In the pharmaceutical sector, ammonium carbonate is esteemed for its efficacy in producing expectorants and other medicinal formulations. Its ability to cause prompt physiological responses has made it a preferred choice in the production of certain medical treatments, particularly in providing relief for respiratory issues.
The household cleaning products industry also influences the ammonium carbonate market outlook. Ammonium carbonate’s efficacy in removing stains and dirt, combined with its non-toxic nature, makes it an ideal ingredient in various cleaning solutions. This has led to increased demand, particularly in urban areas where hygiene standards are high and continuous cleaning is necessary.
Moreover, the ammonium carbonate market is benefiting from the evolving consumer preferences towards eco-friendly and sustainable products. As a naturally occurring compound, ammonium carbonate is perceived as a safer and more environmentally friendly alternative compared to synthetic chemicals, enhancing its appeal in various market segments.
Regionally, Europe accounts for a significant portion of the ammonium carbonate market share, largely due to its longstanding culinary traditions that heavily rely on ammonium carbonate as a baking ingredient. Additionally, the presence of a robust pharmaceutical industry in the region contributes to the high demand for this compound.
Ammonium Carbonate Market Segmentation
The market can be divided based on type, application, industry vertical, and region.
Market Breakup by Type
- Pharmaceutical Grade
- Chemical Grade
- Others
Market Breakup by Application
- Pharmaceuticals
- Food and Beverage
- Foaming Agents
- Others
Market Breakup by Industry Vertical
- Oil and Gas
- Chemicals and Petrochemicals
- Automotive
- Healthcare
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/ammonium-carbonate-market
Competitive Landscape Ammonium Carbonate Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global ammonium carbonate market. Some of the major players explored in the report by Expert Market Research are as follows:
- Avantor (VWR International, LLC.)
- BASF SE
- Taixing Dongyu Chemical Co., Ltd.
- Honeywell International Inc.
- Merck KGaA
- Others
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.
Don’t miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.
Media Contact:
Company Name: Claight Corporation
Contact Person: Jane Watsom, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
