Companies Dominating the Ammonium Bicarbonate Landscape
- BASF SE
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- UBE Corporation
- MCF
- Shandong ShunTian Chemical
- Anhui Jinhe
- Haoyuan Chemical
- Anhui Huaertai Chemical
- Jinshi Group
- Sanning Chemical
- Huaqiang Group
- Bion Environment Technologies Inc
The demand for nitrogen has increased at a rampant rate in the past few decades. The global nitrogen produced capacity reached 56.9 Mt in 2022 and is estimated to surpass 170.7 Mt by the end of 2027, exhibiting a 9% growth rate. Ammonium bicarbonate is identified as a key raw material for the nitrogen production. The market players are capitalizing on the surging demand for nitrogen-based fertilizers are adopting strategic initiatives, where a rebound in manufacturing capacity is projected to be observed new construction of ammonia plants. Some of the key players operating in the ammonium bicarbonate market include:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of ammonium bicarbonate is assessed at USD 1.32 billion.
The ammonium bicarbonate market size was valued at USD 1.27 billion in 2024 and is likely to cross USD 2.01 billion by 2037, registering more than 3.6% CAGR during the forecast period i.e., between 2025-2037. Growing demand in the food sector and the increasing population will boost the market growth.
Asia Pacific industry is predicted to hold largest revenue share of 33% by 2037, due to rising substantial demand in the food sector in the region.
The major players in the market are Shandong ShunTian Chemical, Anhui Jinhe, Haoyuan Chemical, Anhui Huaertai Chemical, Jinshi Group, Sanning Chemical, and others.
