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Pharmaceuticals Grade Sodium Bicarbonate Market to Reach a Valuation of US$ 220.3 Mn by the end of 2027

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Future Market Insights

27 Mar, 2018, 14:30 GMT

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VALLEY COTTAGE, New York, March 27, 2018 /PRNewswire/ --

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 2012 - 2016 and Opportunity Assessment 2017 - 2027." 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. 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.

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Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-6459

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.

According to the report, the global market for pharmaceuticals grade sodium bicarbonate is expected to witness a CAGR of 3.2% from 2017 to 2027.  The market was worth US$ 160.4 Mn in 2017 and is expected to reach a valuation of US$ 220.3 Mn by the end of 2027.

Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you https://www.futuremarketinsights.com/askus/rep-gb-6459

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.

View Report Preview at Pharmaceuticals Grade Sodium Bicarbonate Market Taxonomy by Application - Antacids, Hemodialysis, Tablet Coating, API, Excipients, Toothpaste, Others; By Grade - Fine, Coarse: https://www.futuremarketinsights.com/reports/pharmaceuticals-grade-sodium-bicarbonate-market

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.

Browse More: Chemicals & Materials Market Insights

More from FMI's Cutting-edge Intelligence: 

Sulphur Bentonite Market Segmentation By Application - Oilseeds, Cereals and Crops, Fruits and Vegetables, Others (Lawns, turf, trees and others): https://www.futuremarketinsights.com/reports/sulphur-bentonite-market

Metal & Metal Oxide Nanoparticles Market Segmentation By Metal Nanoparticles - Titanium, Silicon, Aluminium, Iron, Gold, Copper, Silver, Magnesium, Platinum, Zinc, Others (Nickel, Lead, Tin); By Metal Oxide Nanoparticles - Titanium Oxide, Bismuth Oxide, Zinc Oxide, Magnesium Oxide, Aluminium Oxide, Iron Oxide, Copper Oxide, Tungsten Oxide, Other (Magnese oxide, cerium oxide, indium tin oxide): https://www.futuremarketinsights.com/reports/metal-and-metal-oxide-nanoparticles-market

Renewable Methanol Market Segmentation By Primary Source - Biomass, Municipal Waste and Industrial Waste, By End-Use Application - Formaldehyde, MTBE, Gasoline, Dimethyl Ether, Solvents and Others: https://www.futuremarketinsights.com/reports/renewable-methanol-market

ABOUT US: 

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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