Sodium bicarbonate also acts as an antacid in medicines and can also be employed for maintaining the pH level of the blood and control the level of acidity in the blood during hemodialysis. Future Market Insights (FMI) has published a new research report on the pharmaceuticals grade sodium bicarbonate market. The report has been titled “Pharmaceuticals Grade Sodium Bicarbonate Market: Global and India Industry Analysis and Opportunity Assessment 2023 to 2033.” In the pharmaceuticals industry, sodium bicarbonate is basically used as an active pharmaceutical component and excipient. It is fundamentally employed for treating hemodialysis, cardiac arrest, extracorporeal circulation of blood, circulatory insufficiency because of shock or severe dehydration, uncontrolled diabetics, and metabolic acidosis.
In order to cater to the growing needs of the pharmaceuticals industry, the companies operating in the market are coming up with new strategies. For instance, In January 2018, Solvay SA inaugurated its new energy-efficient gas turbine at its soda ash plant in Rosignano, Italy, securing the plant’s current production capacity and long-term competitiveness in local and export markets. Following this other companies also pulled up their socks in order to stay competent in the market. Some of the other companies operating in the market are Novacap Group, Tata Chemical limited, Ciech SA, Natural Soda LLC, Jost Chemical Co., and Tronox Alkali Corporation.
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Demographic Changes to Act as Growth Booster for the Global Market
Globalisation, demographic changes, and population growth have not only contributed to the pharmaceuticals industry growth, but also have led to the rising standards of healthcare services across the globe. The expansion of government health programmes, especially in developing countries, is further boosting the overall healthcare and pharmaceutical spending in various regions. In a broader perspective, a shift in day-today activities, eating habits, disease patterns with respect to age, etc. are estimated to remain key factors leading to increased demand for pharma and medical services.
Availability of Substitutes to Pose a Threat to Market Development
Sodium bicarbonate has various substitutes for pharmaceutical applications, such as calcium carbonate, calcium chloride, etc. Calcium carbonate occurs in nature as limestone, chalk, marble, calcite, seashells, corals, etc. Although calcium carbonate is a soluble alkali, tests prove that sodium bicarbonate is a stronger base than calcium carbonate. The sodium bicarbonate salt is relatively cheap and high consumption of sodium source compounds can cause renal diseases and may also increase heart pressure, which can lead to heart failure or stroke. Calcium carbonate is more effective and safe than sodium bicarbonate and is the first line of medication for heartburn. Calcium carbonate works in seconds and is readily available over the counter. Calcium chloride has minimal side effects and is available in chewable form.
Segmentation of Industry Research
By Grade:
- Fine
- Coarse
By Application:
- Active Pharmaceutical Ingredients
- Excipients
- Antacids
- Haemodialysis
- Tablet Coating
- Toothpaste
- Others
By Region:
- North America
- Latin America
- Eastern Europe
- Western Europe
- SEA and Pacific
- China
- India
- Japan
- Middle East and Africa
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Table of Content
- Executive Summary | Pharmaceutical Grade Sodium Bicarbonate Market
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
- Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Innovation / Development Trends
- Key Success Factors
TO Continue TOC…
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https://gettr.com/post/p2arr62e704
https://anotepad.com/notes/heeiqyec
https://careero.mn.co/posts/33406765
About 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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