Australia Sodium Bicarbonate Market Forecast to 2028

Report Code : TIPRE00029444 | Region : Asia-Pacific | Industry : Chemicals and Materials | Published Date : 28/Jun/2022
Australia Sodium Bicarbonate Market Forecast to 2028 - COVID-19 Impact and Analysis - by Grade (Food Grade, Pharmaceutical Grade, Feed Grade, and Technical Grade and Others), by Form (Powder and Liquid), and by End User (Food & Beverage, Pharmaceutical, Agriculture, Chemical, Cosmetic and Personal Care, Textile and Leather, Homecare, and Others)

The Australia sodium bicarbonate market is expected to grow from US$ 16,150.75 thousand in 2021 to US$ 20,015.47 thousand by 2028. It is expected to rise at a CAGR of 3.2% from 2021 to 2028.

Developing end-use industries in Australia, such as agriculture, pharmaceutical, cosmetics & personal care, and food & beverages, are propelling the demand for sodium bicarbonate substantially. Based on end user, the Australia sodium bicarbonate market is segmented into food & beverage, pharmaceutical, agriculture, chemical, cosmetic and personal care, textile and leather, homecare, and others. In 2021, the food & beverage segment accounted for a larger revenue share in the Australia sodium bicarbonate Market. Sodium bicarbonate is available in powder and crystal forms. The crystal form of sodium bicarbonate is commonly used as a topical cleaning solution, electrolyte replenisher, systemic alkalizer, or buffering agent. The powder form is used for sodium hydrogen carbonate within baking powder applications.

Sodium bicarbonate is highly basic in nature and can neutralize the acid. Hence it is used by pharmaceutical firms to make antacids for patients. Due to these uses and the compound's ease of availability, the Australia sodium bicarbonate market is expected to develop significantly during the projected period. The nature of the compound, which makes it less risky for the user, also contributes to the Australia sodium bicarbonate Market.

Australia sodium bicarbonate market is expanding due to the rising food consumption and the demand for sodium bicarbonate in the personal care sector. On the other hand, increased market competition and health risks associated with sodium bicarbonate usage are anticipated to restrain Australia sodium bicarbonate market expansion in the near future. While throughout the projection period, the increasing usage of baking soda as a deodorizing ingredient in personal care products is anticipated to open up significant opportunities.

In Australia, the demand for sodium bicarbonate in agriculture is significantly high. According to the Department of Water and the Environment of the country, Australian agriculture accounted for 55% of Australia's total land used in December 2020. Sodium bicarbonate is used to boost healthy growing conditions while preventing fungal and other undesirable development. Maintaining optimum soil pH is essential for growing healthy crops. As a result of these benefits to agriculture, the demand for sodium bicarbonate is expected to grow during the forecast period.

The rising population of Australia is also contributing to the growth of this market. According to the Australian Bureau of Statistics and United Nations data, the Australian population will grow from 22 million in 2010 to 28 million by 2028.

Australia's developing food service sector is increasing growth opportunities for the bakery industry. This growth factor is expected to boost the demand for sodium bicarbonate. The growing pharmaceutical industry is also promoting the Australia sodium bicarbonate market.

The chemical is widely utilized in the nutrition and animal feed industries and to lighten fabrics. Leather, detergents, dyes, and flue gas desulfurization are a few more common uses for sodium bicarbonate. As a deodorizing ingredient, sodium bicarbonate is also present in many personal care products.

A wide range of sectors, including animal feed, medicines, food & beverage, agriculture, manufacturing, and cleaning goods, use sodium bicarbonate, which is available in different grades. Rising demand from a number of end-use sectors is expected to fuel Australia sodium bicarbonate market expansion globally over the next few years. Since sodium bicarbonate is readily available and has a low manufacturing cost, it is in high demand. During the forecast period, sodium bicarbonate is anticipated to continue to be one of the most lucrative industries in the food and beverage sector. The industry's expanding demand for sodium bicarbonate can be attributed to changing lifestyles and dietary preferences and an increase in packaged and processed food consumption.

A few key players operating in the Australia sodium bicarbonate market are Solvay S.A.; Tosoh Corporation; Burwell Technologies; All Chemical Manufacturing & Consultancy Pty Ltd.; Pon Pure Chemicals Group; Church & Dwight, Inc.; Sişecam; AGC Inc.; Ciech S.A.; and GHCL Limited. Players operating in the Australia sodium bicarbonate market are highly focused on developing high-quality and innovative product offerings to fulfill customers' requirements.

The overall Australia sodium bicarbonate market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants, such as valuation experts, research analysts, and key opinion leaders—specializing in the Australia sodium bicarbonate market.

List of 10 Companies_Australia Sodium Bicarbonate Market

1. Solvay S.A.

2. Tosoh Corporation

3. Burwell Technologies

4. All Chemical Manufacturing & Consultancy Pty Ltd

5. Pon Pure Chemicals Group

6. Church & Dwight, Inc.

7. Sişecam

8. AGC Inc.

9. Ciech S.A.

10. GHCL Limited

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Australia Sodium Bicarbonate Market, by Grade

1.3.2 Australia Sodium Bicarbonate Market, by Form

1.3.3 Australia Sodium Bicarbonate Market, by End User

1.3.4 Australia Sodium Bicarbonate Market, by Country Regions

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Australia Sodium Bicarbonate Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Australia Sodium Bicarbonate Market – Key Market Dynamics

5.1 Market Drivers

5.2 Market Restraints

5.3 Market Opportunities

5.4 Future Trends

5.5 Impact Analysis

6. Sodium Bicarbonate Market – Australia Market Analysis

6.1 Australia Sodium Bicarbonate Market Overview

6.2 Australia Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Thousand)

6.3 Australia Sodium Bicarbonate Market –Volume and Forecast to 2028 (Tons)

6.4 Market Positioning – Key Market Players

7. Australia Sodium Bicarbonate Market Analysis – By Grade

7.1 Overview

7.2 Australia Sodium Bicarbonate Market, By Grade (2021 and 2028)

7.3 Food Grade

7.3.1 Overview

7.3.2 Food Grade: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

7.3.3 Food Grade: Australia Sodium Bicarbonate Market – Volume and Forecast to 2028 (Tons)

7.4 Pharmaceutical Grade

7.4.1 Overview

7.4.2 Pharmaceutical Grade: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

7.4.3 Pharmaceutical Grade: Australia Sodium Bicarbonate Market – Volume and Forecast to 2028 (Tons)

7.5 Feed Grade

7.5.1 Overview

7.5.2 Feed Grade: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

7.5.3 Feed Grade: Australia Sodium Bicarbonate Market – Volume and Forecast to 2028 (Tons)

7.6 Technical Grade and Others

7.6.1 Overview

7.6.2 Technical Grade and Others: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

7.6.3 Technical Grade and Others: Australia Sodium Bicarbonate Market – Volume and Forecast to 2028 (Tons)

8. Australia Sodium Bicarbonate Market Analysis – By Form

8.1 Overview

8.2 Australia Sodium Bicarbonate Market, By Form (2021 and 2028)

8.3 Powder

8.3.1 Overview

8.3.2 Powder: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

8.4 Liquid

8.4.1 Overview

8.4.2 Liquid: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

9. Australia Sodium Bicarbonate Market Analysis – By End User

9.1 Overview

9.2 Australia Sodium Bicarbonate Market, By End User (2021 and 2028)

9.3 Food and Beverage

9.3.1 Overview

9.3.2 Food and Beverage: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

9.4 Pharmaceutical

9.4.1 Overview

9.4.2 Pharmaceutical: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

9.5 Agriculture

9.5.1 Overview

9.5.2 Agriculture: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

9.6 Chemical

9.6.1 Overview

9.6.2 Chemical: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

9.7 Cosmetic and Personal Care

9.7.1 Overview

9.7.2 Cosmetic and Personal Care: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

9.8 Textile and Leather

9.8.1 Overview

9.8.2 Textile and Leather: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

9.9 Homecare

9.9.1 Overview

9.9.2 Homecare: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

9.10 Others

9.10.1 Overview

9.10.2 Others: Australia Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

10. Australia Sodium Bicarbonate Market – Country Analysis

10.1 Overview

10.1.1 New South Wales: Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

10.1.2 New South Wales: Sodium Bicarbonate Market –Volume and Forecast to 2028 (Tons)

10.1.2.1 New South Wales: Sodium Bicarbonate Market, by Grade

10.1.2.2 New South Wales: Sodium Bicarbonate Market, by Form

10.1.2.3 New South Wales: Sodium Bicarbonate Market, by End User

10.1.2.4 Queensland: Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

10.1.2.5 Queensland: Sodium Bicarbonate Market –Volume and Forecast to 2028 (US$ Thousand)

10.1.2.5.1 Queensland: Sodium Bicarbonate Market, by Grade

10.1.2.5.2 Queensland: Sodium Bicarbonate Market, by Form

10.1.2.5.3 Queensland: Sodium Bicarbonate Market, by End User

10.1.2.6 South Australia: Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

10.1.2.7 South Australia: Sodium Bicarbonate Market –Volume and Forecast to 2028 (Tons)

10.1.2.7.1 South Australia: Sodium Bicarbonate Market, by Grade

10.1.2.7.2 South Australia: Sodium Bicarbonate Market, by Form

10.1.2.7.3 South Australia: Sodium Bicarbonate Market, by End User

10.1.2.8 Western Australia: Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

10.1.2.9 Western Australia: Sodium Bicarbonate Market –Volume and Forecast to 2028 (Tons)

10.1.2.9.1 Western Australia: Sodium Bicarbonate Market, by Grade

10.1.2.9.2 Western Australia: Sodium Bicarbonate Market, by Form

10.1.2.9.3 Western Australia: Sodium Bicarbonate Market, by End User

10.1.2.10 Rest of Australia: Sodium Bicarbonate Market – Revenue and Forecast to 2028 (US$ Thousand)

10.1.2.11 Rest of Australia: Sodium Bicarbonate Market –Volume and Forecast to 2028 (Tons)

10.1.2.11.1 Rest of Australia: Sodium Bicarbonate Market, by Grade

10.1.2.11.2 Rest of Australia: Sodium Bicarbonate Market, by Form

10.1.2.11.3 Rest of Australia: Sodium Bicarbonate Market, by End User

11. Impact of COVID-19 Pandemic on Australia Sodium Bicarbonate Market

11.1 Overview – Impact of COVID-19

11.2 Impact of COVID-19 Pandemic on Australia Sodium Bicarbonate Market

12. Company Profiles

12.1 Solvay S.A.

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Tosoh Corporation

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Burwell Technologies

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 All Chemical Manufacturing & Consultancy Pty Ltd

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Pon Pure Chemicals Group

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Church & Dwight, Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Sişecam

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 AGC Inc.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Ciech S.A.

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 GHCL Limited

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1. Australia Sodium Bicarbonate Market –Revenue and Forecast to 2028 (US$ Thousand)

Table 2. Australia Sodium Bicarbonate Market –Volume and Forecast to 2028 (Tons)

Table 3. New South Wales Sodium Bicarbonate Market, by Grade – Revenue and Forecast to 2028 (US$ Thousand)

Table 4. New South Wales Sodium Bicarbonate Market, by Grade– Volume and Forecast to 2028 (Tons)

Table 5. New South Wales Sodium Bicarbonate Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)

Table 6. New South Wales Sodium Bicarbonate Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)

Table 7. Queensland Sodium Bicarbonate Market, by Grade – Revenue and Forecast to 2028 (US$ Thousand)

Table 8. Queensland Sodium Bicarbonate Market, by Grade – Volume and Forecast to 2028 (Tons)

Table 9. Queensland Sodium Bicarbonate Market, by Form – Revenue and Forecast to 2028 (US$ Thousand)

Table 10. Queensland Sodium Bicarbonate Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)

Table 11. South Australia Sodium Bicarbonate Market, by Grade – Revenue and Forecast to 2028 (US$ Thousand)

Table 12. South Australia Sodium Bicarbonate Market, by Grade – Volume and Forecast to 2028 (Tons)

Table 13. South Australia Sodium Bicarbonate Market, by Form– Revenue and Forecast to 2028 (US$ Thousand)

Table 14. South Australia Sodium Bicarbonate Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)

Table 15. Western Australia Sodium Bicarbonate Market, by Grade – Revenue and Forecast to 2028 (US$ Thousand)

Table 16. Western Australia Sodium Bicarbonate Market, by Grade – Volume and Forecast to 2028 (Tons)

Table 17. Western Australia Sodium Bicarbonate Market, by Form– Revenue and Forecast to 2028 (US$ Thousand)

Table 18. Western Australia Sodium Bicarbonate Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)

Table 19. Rest of Australia Sodium Bicarbonate Market, by Grade – Revenue and Forecast to 2028 (US$ Thousand)

Table 20. Rest of Australia Sodium Bicarbonate Market, by Grade – Volume and Forecast to 2028 (Tons)

Table 21. Rest of Australia Sodium Bicarbonate Market, by Form– Revenue and Forecast to 2028 (US$ Thousand)

Table 22. Rest of Australia Sodium Bicarbonate Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)

Table 23. Glossary of Terms, Australia Sodium Bicarbonate Market

List of 10 Companies_Australia Sodium Bicarbonate Market

1. Solvay S.A.

2. Tosoh Corporation

3. Burwell Technologies

4. All Chemical Manufacturing & Consultancy Pty Ltd

5. Pon Pure Chemicals Group

6. Church & Dwight, Inc.

7. Sişecam

8. AGC Inc.

9. Ciech S.A.

10. GHCL Limited

Reason To Buy

• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the Australia sodium bicarbonate market, thereby allowing players to develop effective long-term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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