Reports and Data has published a new study on the Global Potassium Bicarbonate Market comprising of exclusive insights, growth prospects, market size and share estimation, and opportunities. Global Potassium Bicarbonate Market report is a comprehensive and top-notch market report which offers the professionals and businesses critical insights into the market and industry. The research study on the Potassium Bicarbonate market provides a complete overview of the product portfolio, value chain analysis, revenue contribution, profit margins, and other major factors. The report includes insights offered by industry experts, professions, and research analysts.
The COVID-19 pandemic has created disruptions across supply chains, sales network, and distribution channels. This has impacted the Potassium Bicarbonate market on a global and regional scale. The report covers extensive analysis of the COVID-19 pandemic on the Potassium Bicarbonate market and offers a current and future market outlook of the market with regards to the pandemic.
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Leading Market Competitors:
CellMark USA, LLC, Church Dwight Co. Inc., Kudos Blends Limited, Wentong Potassium Salt Group Co. Ltd., GFS Chemicals Inc., Noah Technologies, KRONOX Lab Sciences Pvt. Ltd., BASF SE, Clariant AG, and Evonik, among others.
Further key findings from the report suggest:
Potassium bicarbonate is also used as a dry powder in fire extinguisher. It is also used in several agricultural applications, such as reduced soil activity and correct soil pH. Potassium bicarbonate is used as an agricultural fertilizer, and can be used as a fungicide in organic farming and can also act as a potential replacement for sulfur and copper. It is also an effective catalyst.
Pharmaceutical grade products are produced to obtain the purest form of the nutrient and also ensures maximum absorption. No product is 100% pure due to the addition of various substances. Pharmaceutical Grade products generally exceed 99% purity and contain no binders, excipients, fillers, dyes, or unknown substances. Fewer than 3% of the products on the market are pharmaceutical grade.
The supplements of potassium bicarbonate and potassium citrate help in dissolving certain types of kidney stones. Some studies also state that a diet provides enough potassium to help lower the risk of a stroke.
Potassium bicarbonate is related with the prospect of certain adverse effects on health. It increases the level of potassium and may cause harm if taken along with any other products that contain potassium. Hyperkalemia is a health issue that can cause serious side effects.
Potassium bicarbonate is applicable for usage in organic farming in the United States, and also by the IFOAM standards. It is an essential microbial and plant nutrient that has a natural cycle in the soil of uptake and utilization by microbes and plants.
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The materials and chemical industry has registered a rapid revenue growth over the recent past owing to the constant requirement for materials and chemicals across various sectors including agriculture, pharmaceutical and biotechnology, paper, healthcare, food and beverage, and manufacturing among others. Rapid demand for products like perfumes, soaps, detergents for daily usage, increasing adoption of green energy and organic products, increasing investments in research and development activities, and rising support from various public and private sectors are key factors fueling global Potassium Bicarbonate market growth. In addition, factors such as rising disposable income, increasing efforts to reduce carbon footprint and consumer shift to eco-friendly and sustainable products are expected to fuel overall market growth going ahead.
The global materials chemicals industry involves the production, distribution, sales, and consumption of industrial chemicals, specialty chemicals, commodity (bulk) chemicals, and raw materials such as natural gas, oil, paper pulp, and metals minerals. Growth of the global materials chemicals industry is mainly attributed to fast-paced industrialization and extensive usage of bulk petrochemicals, electronic chemicals, polymers, inorganic chemicals, fertilizers, adhesives, sealants, coatings, and various other products in different industries including oil gas, pharmaceutical, food beverage, cosmetics personal care, textile, manufacturing, petrochemical, and water and wastewater treatment industries. Technological innovations in the electronics and semiconductor industries, rising demand for nanomaterials, and increasing preferences for environmentally sustainable chemicals and materials are other major factors contributing to the global materials chemicals industry growth.
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Global Potassium Bicarbonate Market Segmentation:
Type Outlook
Food Grade
Pharmaceutical Grade
Industrial Grade
Application Outlook
Food and Beverage
Agriculture
Corrosion Inhibitor
Health Care
Industrial
Fire Extinguisher
Regional Analysis covers:
North America
Europe
Asia Pacific
Latin America
Middle East Africa
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