Ammonium Carbonate Market, By Type (Food & Pharma grade and Technical grade), By Application (Pharmaceuticals, Food and beverages, Industrial, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Description

The ammonium carbonate market is estimated to be valued at USD 650.6 Mn in 2024 and is expected to reach USD 927.8 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

Figure 1. Ammonium Carbonate Market Share (%), By Region, 2024

Ammonium carbonate is an inorganic compound with the formula (NH4)2CO3. It decomposes upon heating to release ammonia and carbon dioxide. It is useful as a leavening agent in baking due to the gases produced during decomposition. Ammonium carbonate is mainly used as a source of ammonia by reaction with acids and as a refrigerant. It is also used in fire extinguishers, the textile industry, and metal industries. The global ammonium carbonate market is expected to witness significant growth due to increasing demand from the food & beverages, fire extinguishers, and refrigeration industries.

Market Dynamics:

The global ammonium carbonate market is driven by the increasing demand from the food industry where it is used as a leavening agent in baked goods. Its wide application as a refrigerant in industrial refrigeration systems has also boosted the market growth. Moreover, rising usage of ammonium carbonate in fire extinguishers on account of its effectiveness in fighting class B and C fires has augmented the market expansion. However, strict environmental regulations regarding ammonia emissions can hamper the market growth. Furthermore, the availability of substitutes such as sodium bicarbonate can restrain the demand for ammonium carbonate. The development of eco-friendly refrigerants is expected to provide lucrative opportunities for market players in the coming years.

Key Features of the Study:

This report provides an in-depth analysis of the global ammonium carbonate market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global ammonium carbonate market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Bayer CropScience, Shanghai Mingdou Agrochemical Co. Ltd, Taixing Dongyu Chemical, Oasis Fine Them, Taixing Experimental Chemical, Akash Purochem Private Limited, Shanghai Tenglong Agrochemical Co. Ltd., Monsanto, BASF SE, Yixing Waxing Chemical, P J Chemicals, Syngenta AG, SinoHarvest Corporation, Vinipul Inorganics India Pvt. Ltd., Nike Chemical, Foxkem Industries, Mubychem Group, Dhanlaxmi Pigments Pvt. Ltd, CDH Fine Chemical, and Haihang Industry
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global ammonium carbonate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ammonium carbonate market

Detailed Segmentation-

By Type:
- Food & Pharma grade
- Technical grade
By Application:
- Pharmaceuticals
- Food and beverages
- Industrial
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Bayer CropScience
- Shanghai Mingdou Agrochemical Co. Ltd
- Taixing Dongyu Chemical
- Oasis Fine Them
- Taixing Experimental Chemical
- Akash Purochem Private Limited
- Shanghai Tenglong Agrochemical Co. Ltd.
- Monsanto
- BASF SE
- Yixing Waxing Chemical
- P J Chemicals
- Syngenta AG
- SinoHarvest Corporation
- Vinipul Inorganics India Pvt. Ltd.
- Nike Chemical
- Foxkem Industries
- Mubychem Group
- Dhanlaxmi Pigments Pvt. Ltd
- CDH Fine Chemical
- Haihang Industry

Product Code: CMI7064

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions

4. Global Ammonium Carbonate Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Ammonium Carbonate Market
Impact Analysis

5. Global Ammonium Carbonate Market, By Type, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Food & Pharma grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends
Technical grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends

6. Global Ammonium Carbonate Market, By Application, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends
Food and beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends
Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Mn)
- Segment Trends

7. Global Ammonium Carbonate Market, By Region, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
North America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Mn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Mn))
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Mn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Mn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Mn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, (US$ Mn)
- Market Size and Forecast, By Application, 2019 - 2031 (US$ Mn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Mn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Market Share Analysis
Company Profiles
- Bayer CropScience
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Shanghai Mingdou Agrochemical Co. Ltd
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Taixing Dongyu Chemical
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Oasis Fine Them
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Taixing Experimental Chemical
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Akash Purochem Private Limited
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Shanghai Tenglong Agrochemical Co. Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Monsanto
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- BASF SE
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Yixing Waxing Chemical
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- P J Chemicals
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Syngenta AG
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- SinoHarvest Corporation
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Vinipul Inorganics India Pvt. Ltd.
- Nike Chemical
- Foxkem Industries
- Mubychem Group
- Dhanlaxmi Pigments Pvt. Ltd
- CDH Fine Chemical
- Haihang Industry

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact
- Browse 25 market data tables* and 20 figures* on "Global Ammonium Carbonate Market" - Global forecast to 2031.