Sodium Sesquicarbonate Market Drivers, Trends, and Forecast by 2031

MARKET INTRODUCTION

Sodium sesquicarbonate is basically a double salt of sodium bicarbonate and sodium carbonate, and it has a needle-like crystal structure. However, the term is further applied to an equimolar mixture of those two salts, with whatever the water of hydration the sodium carbonate includes, it supplied as a powder. Sodium sesquicarbonate is also utilized in bath salts, swimming pools as an alkalinity source for water treatment and also as a phosphate-free product to replace the trisodium phosphate for heavy-duty cleaning.

MARKET DYNAMICS

The sodium sesquicarbonate market has witnessed significant growth owing to factors such as wider application water treatment, conservation of copper & copper alloy, food, and others. Sodium sesquicarbonate is utilized in the conservation of copper & copper alloy artifacts that corrode due to contact with salt. It is further used as a precipitating water softener, which then combines with hard water minerals (calcium & magnesium-based minerals) to form an insoluble precipitate, by removing these hardness minerals from the water. However, availability of other substitute product may hamper the growth of the sodium sesquicarbonate market. Nevertheless, with the steady growth in the chemical industry and metal industry, there are opportunities for the market players to invest in this market.

MARKET SCOPE

The "Global Sodium Sesquicarbonate Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sodium sesquicarbonate market with detailed market segmentation by form, application, distribution channel, and geography. The global sodium sesquicarbonate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sodium sesquicarbonate market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global sodium sesquicarbonate market is segmented on the basis of form and application. On the basis of form, the sodium sesquicarbonate market is segmented into crystal, flakes, and powder. The sodium sesquicarbonate market on the basis of the application is classified into water treatment, conservation of copper & copper alloy, food, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sodium sesquicarbonate market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sodium sesquicarbonate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the sodium sesquicarbonate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sodium sesquicarbonate market in these regions.

MARKET PLAYERS

The reports cover various key developments in the global sodium sesquicarbonate market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from sodium sesquicarbonate market are anticipated to lucrative growth opportunities in the future with the rising demand for sodium sesquicarbonate in the global market. Below mentioned is the list of few companies engaged in the sodium sesquicarbonate market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sodium sesquicarbonate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   AHH Chemical
  
•   Alfa Chemistry
  
•   Boc Sciences
  
•   East Lancashire Chemical
  
•   East Lancashire Chemical
  
•   MP Biomedicals
  
•   Solvay
  
•   Tronox Limited
  
•   Others
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Sodium Sesquicarbonate Report Scope