Market Research Logo

Global Ammonium Carbonate Market 2019-2023

Global Ammonium Carbonate Market 2019-2023

About this market

Increase in R&D activities to drive market growth. The increase in investments and technological advances in the ammonia industry are expected to drive the demand for ammonium carbonate. Technological improvements such as Haber-Bosch process improvements, catalysts and absorbents selection, and new electrochemical processes are used in the production of ammonia. Such advanced technologies are expected to lower the production cost of ammonia, thereby driving the demand for ammonium carbonate. Technavio’s analysts have predicted that the ammonium carbonate market will register a CAGR of almost 6% by 2023.

Market Overview

Increasing demand of ammonium carbonate from developing countries

The global ammonium carbonate market is posting a high growth rate because of the increased demand from developing economies such as China, India, Brazil, Indonesia, Thailand, Egypt, and South Africa. The rising demand for readymade bakery products such as bread, pizzas, cakes, and pastries in these developing economies, wherein ammonium carbonate is majorly used as a baking ingredient (leavening agent), is a key driving factor for the growth of the market

Threat of substitutes

The use of baking powder and baking soda as a raising agent in bakery products is expected to impede the growth of the global ammonium carbonate market.

For the detailed list of factors that will drive and challenge the growth of the ammonium carbonate market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Honeywell International and Sandvik the competitive environment is quite intense. Factors such as the increasing demand of ammonium carbonate from developing countries and the increase in R&D activities, will provide considerable growth opportunities to ammonium carbonate manufactures. Avantor, BASF, Honeywell International, Sandvik, and Taixing Dongyu Chemical are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Glonal ammonia market
      • Table Segments of glonal ammonia market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (thousand t)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Pharmaceutical and chemical - Market size and forecast 2018-2023
      • Table Pharmaceutical and chemical - Market size and forecast 2018-2023 (thousand t)
      • Table Pharmaceutical and chemical - Year-over-year growth 2019-2023 (%)
    • Food and beverages - Market size and forecast 2018-2023
      • Table Food and beverages - Market size and forecast 2018-2023 (thousand t)
      • Table Food and beverages - Year-over-year growth 2019-2023 (%)
    • Foaming agent - Market size and forecast 2018-2023
      • Table Foaming agent - Market size and forecast 2018-2023 (thousand t)
      • Table Foaming agent - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (thousand t)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 (thousand t)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 (thousand t)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (thousand t)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Backward integration of ammonium carbonate vendors
    • Increase in R&D activities
    • Demand for ammonium carbonate in paint stripper applications
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Avantor
      • Table Avantor - Vendor overview
      • Table Avantor - Product segments
      • Table Avantor - Business segments
      • Table Avantor - Key offerings
    • BASF
      • Table BASF - Vendor overview
      • Table BASF - Business segments
      • Table BASF - Organizational developments
      • Table BASF - Geographic focus
      • Table BASF - Segment focus
      • Table BASF - Key offerings
    • Honeywell International
      • Table Honeywell International - Vendor overview
      • Table Honeywell International - Business segments
      • Table Honeywell International - Organizational developments
      • Table Honeywell International - Geographic focus
      • Table Honeywell International - Segment focus
      • Table Honeywell International - Key offerings
    • Sandvik
      • Table Sandvik - Vendor overview
      • Table Sandvik - Business segments
      • Table Sandvik - Organizational developments
      • Table Sandvik - Geographic focus
      • Table Sandvik - Segment focus
      • Table Sandvik - Key offerings
    • Taixing Dongyu Chemical
      • Table Taixing Dongyu Chemical - Vendor overview
      • Table Taixing Dongyu Chemical - Product segments
      • Table Taixing Dongyu Chemical - Organizational developments
      • Table Taixing Dongyu Chemical - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report