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Potassium Bicarbonate-Global Market Insights and Sales Trends 2025

Potassium Bicarbonate-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1817335

No of Pages : 95

Synopsis
1. The global potassium bicarbonate production market was 101509 MT in 2016. Forecasts suggest the market to grow at a CAGR of 5.68% through to 2023, driven primarily by Asia and especially China. The region is poised to dominate both the production and consumption of potassium bicarbonate in the years to come. Overall, the potassium bicarbonate products performance is positive with the global economic recovery.
2. 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.
3. 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.
4. Over the forecast period to 2023 world consumption is expected to continue to increase, but at a slower growth rate of about 5.34% per year. The largest part of demand growth will be in Asian markets; accordingly, companies like Shandong Lunan Chemical and Evonik have reacted by investing in additional capacity in the region, mostly for specialty products.
The global Potassium Bicarbonate market size is expected to reach US$ 178.6 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Potassium Bicarbonate in various end use industries. The expanding demands from the Chemical Industry, Agriculture, Food and Pharmaceutical Industry, are propelling Potassium Bicarbonate market. Food Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Pharmaceutical Grade segment is estimated at % CAGR for the next seven-year period.
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. They totally got 80% market shares.
China is the largest consumption place, with a consumption market share nearly 54%. Following China, Europe is the second largest consumption place with the consumption market share of 26%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Potassium Bicarbonate, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Potassium Bicarbonate market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Potassium Bicarbonate market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Potassium Bicarbonate sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Potassium Bicarbonate covered in this report include Shandong Lunan Chemical, Evonik, Wentong Potassium Salt Group, Baoding Runfeng, Armand Products, Hebei Xinji Chemical Group, Shanxi Wencheng Chemical, Toagosei Group and Shijiazhuang Runhong Technology, etc.
The global Potassium Bicarbonate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Shandong Lunan Chemical
Evonik
Wentong Potassium Salt Group
Baoding Runfeng
Armand Products
Hebei Xinji Chemical Group
Shanxi Wencheng Chemical
Toagosei Group
Shijiazhuang Runhong Technology
Global Potassium Bicarbonate market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Potassium Bicarbonate market, Segment by Type:
Food Grade
Pharmaceutical Grade
Industrial Grade
Global Potassium Bicarbonate market, by Application
Chemical Industry
Agriculture
Food
Pharmaceutical Industry
Extinguishing Agent
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Potassium Bicarbonate manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Potassium Bicarbonate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Potassium Bicarbonate Market Overview
1.1 Potassium Bicarbonate Product Overview
1.2 Potassium Bicarbonate Market Segment by Type
1.2.1 Food Grade
1.2.2 Pharmaceutical Grade
1.2.3 Industrial Grade
1.3 Global Potassium Bicarbonate Market Size by Type
1.3.1 Global Potassium Bicarbonate Market Size Overview by Type (2018-2029)
1.3.2 Global Potassium Bicarbonate Historic Market Size Review by Type (2018-2023)
1.3.3 Global Potassium Bicarbonate Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Potassium Bicarbonate Sales Breakdown by Type (2018-2023)
1.4.2 Europe Potassium Bicarbonate Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Potassium Bicarbonate Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Potassium Bicarbonate Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Potassium Bicarbonate Sales Breakdown by Type (2018-2023)
2 Global Potassium Bicarbonate Market Competition by Company
2.1 Global Top Players by Potassium Bicarbonate Sales (2018-2023)
2.2 Global Top Players by Potassium Bicarbonate Revenue (2018-2023)
2.3 Global Top Players by Potassium Bicarbonate Price (2018-2023)
2.4 Global Top Manufacturers Potassium Bicarbonate Manufacturing Base Distribution, Sales Area, Product Type
2.5 Potassium Bicarbonate Market Competitive Situation and Trends
2.5.1 Potassium Bicarbonate Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Potassium Bicarbonate Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Potassium Bicarbonate as of 2022)
2.7 Date of Key Manufacturers Enter into Potassium Bicarbonate Market
2.8 Key Manufacturers Potassium Bicarbonate Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Potassium Bicarbonate Status and Outlook by Region
3.1 Global Potassium Bicarbonate Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Potassium Bicarbonate Historic Market Size by Region
3.2.1 Global Potassium Bicarbonate Sales in Volume by Region (2018-2023)
3.2.2 Global Potassium Bicarbonate Sales in Value by Region (2018-2023)
3.2.3 Global Potassium Bicarbonate Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Potassium Bicarbonate Forecasted Market Size by Region
3.3.1 Global Potassium Bicarbonate Sales in Volume by Region (2024-2029)
3.3.2 Global Potassium Bicarbonate Sales in Value by Region (2024-2029)
3.3.3 Global Potassium Bicarbonate Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Potassium Bicarbonate by Application
4.1 Potassium Bicarbonate Market Segment by Application
4.1.1 Chemical Industry
4.1.2 Agriculture
4.1.3 Food
4.1.4 Pharmaceutical Industry
4.1.5 Extinguishing Agent
4.1.6 Others
4.2 Global Potassium Bicarbonate Market Size by Application
4.2.1 Global Potassium Bicarbonate Market Size Overview by Application (2018-2029)
4.2.2 Global Potassium Bicarbonate Historic Market Size Review by Application (2018-2023)
4.2.3 Global Potassium Bicarbonate Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Potassium Bicarbonate Sales Breakdown by Application (2018-2023)
4.3.2 Europe Potassium Bicarbonate Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Potassium Bicarbonate Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Potassium Bicarbonate Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Potassium Bicarbonate Sales Breakdown by Application (2018-2023)
5 North America Potassium Bicarbonate by Country
5.1 North America Potassium Bicarbonate Historic Market Size by Country
5.1.1 North America Potassium Bicarbonate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Potassium Bicarbonate Sales in Volume by Country (2018-2023)
5.1.3 North America Potassium Bicarbonate Sales in Value by Country (2018-2023)
5.2 North America Potassium Bicarbonate Forecasted Market Size by Country
5.2.1 North America Potassium Bicarbonate Sales in Volume by Country (2024-2029)
5.2.2 North America Potassium Bicarbonate Sales in Value by Country (2024-2029)
6 Europe Potassium Bicarbonate by Country
6.1 Europe Potassium Bicarbonate Historic Market Size by Country
6.1.1 Europe Potassium Bicarbonate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Potassium Bicarbonate Sales in Volume by Country (2018-2023)
6.1.3 Europe Potassium Bicarbonate Sales in Value by Country (2018-2023)
6.2 Europe Potassium Bicarbonate Forecasted Market Size by Country
6.2.1 Europe Potassium Bicarbonate Sales in Volume by Country (2024-2029)
6.2.2 Europe Potassium Bicarbonate Sales in Value by Country (2024-2029)
7 Asia-Pacific Potassium Bicarbonate by Region
7.1 Asia-Pacific Potassium Bicarbonate Historic Market Size by Region
7.1.1 Asia-Pacific Potassium Bicarbonate Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Potassium Bicarbonate Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Potassium Bicarbonate Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Potassium Bicarbonate Forecasted Market Size by Region
7.2.1 Asia-Pacific Potassium Bicarbonate Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Potassium Bicarbonate Sales in Value by Region (2024-2029)
8 Latin America Potassium Bicarbonate by Country
8.1 Latin America Potassium Bicarbonate Historic Market Size by Country
8.1.1 Latin America Potassium Bicarbonate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Potassium Bicarbonate Sales in Volume by Country (2018-2023)
8.1.3 Latin America Potassium Bicarbonate Sales in Value by Country (2018-2023)
8.2 Latin America Potassium Bicarbonate Forecasted Market Size by Country
8.2.1 Latin America Potassium Bicarbonate Sales in Volume by Country (2024-2029)
8.2.2 Latin America Potassium Bicarbonate Sales in Value by Country (2024-2029)
9 Middle East and Africa Potassium Bicarbonate by Country
9.1 Middle East and Africa Potassium Bicarbonate Historic Market Size by Country
9.1.1 Middle East and Africa Potassium Bicarbonate Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Potassium Bicarbonate Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Potassium Bicarbonate Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Potassium Bicarbonate Forecasted Market Size by Country
9.2.1 Middle East and Africa Potassium Bicarbonate Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Potassium Bicarbonate Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Shandong Lunan Chemical
10.1.1 Shandong Lunan Chemical Company Information
10.1.2 Shandong Lunan Chemical Introduction and Business Overview
10.1.3 Shandong Lunan Chemical Potassium Bicarbonate Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Shandong Lunan Chemical Potassium Bicarbonate Products Offered
10.1.5 Shandong Lunan Chemical Recent Development
10.2 Evonik
10.2.1 Evonik Company Information
10.2.2 Evonik Introduction and Business Overview
10.2.3 Evonik Potassium Bicarbonate Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Evonik Potassium Bicarbonate Products Offered
10.2.5 Evonik Recent Development
10.3 Wentong Potassium Salt Group
10.3.1 Wentong Potassium Salt Group Company Information
10.3.2 Wentong Potassium Salt Group Introduction and Business Overview
10.3.3 Wentong Potassium Salt Group Potassium Bicarbonate Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Wentong Potassium Salt Group Potassium Bicarbonate Products Offered
10.3.5 Wentong Potassium Salt Group Recent Development
10.4 Baoding Runfeng
10.4.1 Baoding Runfeng Company Information
10.4.2 Baoding Runfeng Introduction and Business Overview
10.4.3 Baoding Runfeng Potassium Bicarbonate Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Baoding Runfeng Potassium Bicarbonate Products Offered
10.4.5 Baoding Runfeng Recent Development
10.5 Armand Products
10.5.1 Armand Products Company Information
10.5.2 Armand Products Introduction and Business Overview
10.5.3 Armand Products Potassium Bicarbonate Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Armand Products Potassium Bicarbonate Products Offered
10.5.5 Armand Products Recent Development
10.6 Hebei Xinji Chemical Group
10.6.1 Hebei Xinji Chemical Group Company Information
10.6.2 Hebei Xinji Chemical Group Introduction and Business Overview
10.6.3 Hebei Xinji Chemical Group Potassium Bicarbonate Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hebei Xinji Chemical Group Potassium Bicarbonate Products Offered
10.6.5 Hebei Xinji Chemical Group Recent Development
10.7 Shanxi Wencheng Chemical
10.7.1 Shanxi Wencheng Chemical Company Information
10.7.2 Shanxi Wencheng Chemical Introduction and Business Overview
10.7.3 Shanxi Wencheng Chemical Potassium Bicarbonate Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shanxi Wencheng Chemical Potassium Bicarbonate Products Offered
10.7.5 Shanxi Wencheng Chemical Recent Development
10.8 Toagosei Group
10.8.1 Toagosei Group Company Information
10.8.2 Toagosei Group Introduction and Business Overview
10.8.3 Toagosei Group Potassium Bicarbonate Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Toagosei Group Potassium Bicarbonate Products Offered
10.8.5 Toagosei Group Recent Development
10.9 Shijiazhuang Runhong Technology
10.9.1 Shijiazhuang Runhong Technology Company Information
10.9.2 Shijiazhuang Runhong Technology Introduction and Business Overview
10.9.3 Shijiazhuang Runhong Technology Potassium Bicarbonate Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Shijiazhuang Runhong Technology Potassium Bicarbonate Products Offered
10.9.5 Shijiazhuang Runhong Technology Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Potassium Bicarbonate Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Potassium Bicarbonate Industrial Chain Analysis
11.4 Potassium Bicarbonate Market Dynamics
11.4.1 Potassium Bicarbonate Industry Trends
11.4.2 Potassium Bicarbonate Market Drivers
11.4.3 Potassium Bicarbonate Market Challenges
11.4.4 Potassium Bicarbonate Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Potassium Bicarbonate Distributors
12.3 Potassium Bicarbonate Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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