The global ammonium carbonate market is anticipated to grow at a 5.2% CAGR during the projected period, reaching US$ 688 Million in 2022, according to Future Market Insights. A favorable demand forecast will cause the market to grow to US$ 1.1 billion by 2032.
As a leavener for baked goods, ammonium carbonate is frequently employed in a variety of applications. Since there is an increasing need for baked items and crispy snacks with longer shelf lives, manufacturers in the food industry are adopting ammonium carbonate that is food-grade. Sales in the market are expected to increase due to the numerous advantages of food-grade ammonia over other chemical leavening additives for particular types of cookies.
Also, when compared to alternative leavening agents, the usage of food-grade ammonium carbonate results in a crispness that lasts longer. Furthermore, because food-grade ammonium carbonate is not extremely reactive at room temperature, it has a good bench tolerance, making it ideal for cookie dough storage. As a result, bakers are increasingly incorporating food-grade ammonium carbonate into products that require exceptional crispness and shelf life.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3990
In addition to this, ammonium carbonate is used in the textitle industry for syeing and printing various fibers. These salts increase the fastness property of the pigment on fiber, especially wet fastness. Due to this reason, ammonium carbonate salt is used widely in the textiles industry.
“Increasing demand for ammonium carbonate in the pharmaceutical sector, along with ongoing expansion of the food and beverage sector across emerging economies are key factors expected to create opportunities for growth in the market,” says an FMI analyst.
Key Takeaways:
- The global ammonium carbonate market is expected to reach US$ 1.1 Bn by 2032, growing at a CAGR of 5.2% over the forecast period.
- The rising demand for ammonium carbonate for various applications in the food industry is expected to propel the growth in the market.
- Key players are focusing on increasing production capacity and expansion by setting up new plants to cater to the growing demand.
- Ammonium carbonate is compatible for dyeing purposes to increase the fastness property of the fabric.
Competitive Landscape
Taixing Dongyu Chemical, Oasis Fine Chem, Akash Purochem Private Limited, Shanghai Tenglong Agrochemical Co. Ltd., BASF, Sinoharvest Corporation., Merckmillipore, Sandvick, Honeywell, Vishnupriya Chemicals, Adhunik Industries, Huaron Chemical Co Ltd, Prochem Inc, And Takasugi Pharmaceutical others are some of the key players in the ammonium carbonate market.
Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-3990
Ammonium Carbonate Market Segmentation
By Grade:
- Pharmaceutical Grade
- Food Grade
By Type:
- Lumps
- Powder
By Application:
- Leavening Agent
- Pharmaceutical Ingredients
- Food & Beverage agent
By End-Use:
- Pharmaceutical Industry
- Cosmetic & Personal Care
- Food Industry
- Textile Industry
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com