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Ammonoium Carbonate Market Will Top US$ 1.1 Bn by 2032 Amid Growing Demand from Food and Textile Sectors

Ammonium Carbonate Market

Ammonium Carbonate Market

Ammonoium Carbonate Market- Analysis, Outlook, Growth Trends, and Forecast

NEWARK, DELAWARE, UNITED STATES OF AMERICA, June 30, 2022 /EINPresswire.com/ -- The global ammonium carbonate market is estimated to expand at a 5.2% CAGR over the forecast period, reaching US$ 688 Mn in 2022. With a favourable demand outlook, the market size will reach US$ 1.1 Bn by 2032.

Ammonium carbonate is widely used in various as a leavening agent for baking goods. Manufacturers in the food sector are using food-grade ammonium carbonate since the demand for baked goods and crispy snacks with longer shelf-life is growing. The various benefits of food-grade ammonia above other chemical leavening ingredients for specific types of cookies are anticipated to fuel sales in the market.

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.

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.

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“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.

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Ammonium Carbonate Market Segmentation

By Grade:
• Pharmaceutical Grade
• Food GradeBy Type:
• Lumps
• PowderBy Application:
• Leavening Agent
• Pharmaceutical Ingredients
• Food & Beverage agent

By End-Use:
• Pharmaceutical Industry
• Cosmetic & Personal Care
• Food Industry
• Textile Industry
• Others

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About FMI – Chemicals and Materials

The Chemicals and Materials division of FMI offers a distinct and pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and nanotechnology in particular, with special emphasis on ‘green alternatives, recycling, and renewable technology developments, supply-demand-trade assessment. Our research studies serve as referencing market guidelines for chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified 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.

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