According to Future Market Insights, the global pharmaceutical grade sodium carbonate market is projected to rise at a value CAGR of 2.8% during the forecast period. In 2022 the global market was valued at around US$ 38 Mn and is estimated to touch a valuation more than US$ 50 Mn by the end of the assessment period.

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Increase in the Consumption of Drugs to Treat Gastrointestinal Diseases Expected to Fuel the Demand for Pharmaceutical Grade Sodium Carbonate

Owing to unhealthy food habits, demographic changes, sleeping habits and changes in other daily activities, rate of gastrointestinal diseases has increased. According to World Gastroenterology Organization, about 35% to 40% of the world’s population is suffering from chronic or acute gastrointestinal diseases. Due to changes in diet and associated irregularities in food consumption, higher percentage of population is developing gastrointestinal disorders. 

This has spurred the consumption of antacids and other gastrointestinal drugs. Pharmaceutical grade sodium carbonate is largely used as an API in various antacids to treat gastrointestinal drugs. This has fuelled the consumption of the chemical at a global scale consequently fuelling the growth of the global pharmaceutical grade sodium carbonate market.

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Key Companies Involved in the Global Pharmaceutical Grade Sodium Carbonate Market

Prominent players involved in the global pharmaceutical grade sodium carbonate market are concentrating on expanding their production capacity with a view to meet the increasing demand for pharmaceutical grade sodium carbonate at a global level from various end users for different applications. Solvay SA, Novacarb (Novacap Group), Dr. Paul Lohmann GmbH KG, CIECH S.A., Natural Soda LLC, Jost Chemical Co., Tianjin Chengyuan Chemical Co. Ltd., Weifang Hongyuan Chemical Co. Ltd., and Tronox Alkali Corporation are few of the major players operating in the global pharmaceutical grade sodium carbonate market. Analysis on these players is included in this research report, the scope of which covers financial data, product portfolio, expansion strategies and key developments and innovations.

Higher Price of Pharmaceutical Grade Sodium Carbonate to Hinder the Growth of the Global Market

The consumption of pharmaceutical grade sodium carbonate is limited to specialty, niche and certain high cost applications that require high levels of purity. Pharmaceutical grade sodium carbonate is manufactured using batch process to obtain high purity. Extreme caution is essential during the manufacturing process of pharmaceutical grade sodium carbonate coupled with low volume of production, the costs incurred in production are high as compared to regular grades of the chemical. This has resulted in increased pricing of pharmaceutical grade sodium carbonate which has a negative impact on the growth of the global market.

For any queries linked with the report, ask an analyst

https://www.futuremarketinsights.com/ask-question/rep-gb-6420 

Segmental Highlights from the Report

The global market for pharmaceutical grade sodium carbonate is categorised on the basis of applications of pharmaceutical sodium carbonate and its grade. Its market scenario across various regions in the globe is also covered.

With respect to region, North America, Western Europe and Asia Pacific excluding Japan (APEJ) are highly lucrative regions. The pharmaceutical grade sodium carbonate market in APEJ is projected to expand at the highest rate in the coming years owing to increasing demand and use of pharmaceutical grade sodium carbonate across various applications in this region.

In the grade category, the coarse segment is the largest with a high market valuation. The use of coarse pharmaceutical grade sodium carbonate is high as compared to the fine grade. Coarse grade, also known as technical grade, contains higher amount of sulphur. Several companies provide coarse grade at a much lesser price as compared to fine grade as coarse grade sodium carbonate needs less purification and is easy to manufacture.

By application, the use of pharmaceutical grade sodium carbonate is largely observed in API segment as pharmaceutical grade sodium carbonate is widely used as an API in various pharmaceutical companies for drug enhancement. It is also used as a pharma excipient.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: [email protected] 

For Media Enquiries: [email protected] 

Website: https://www.futuremarketinsights.com/ 

Report: https://www.futuremarketinsights.com/reports/pharmaceutical-grade-sodium-carbonate-market 

Press-Release: https://www.futuremarketinsights.com/press-release/pharmaceutical-grade-sodium-carbonate-market 

According to Future Market Insights, the global pharmaceutical grade sodium carbonate market is projected to rise at a value CAGR of 2.8% during the forecast period. In 2022 the global market was valued at around US$ 38 Mn and is estimated to touch a valuation more than US$ 50 Mn by the end of the assessment period.

Get | Download Sample Copy with Graphs & List of Figures:

https://www.futuremarketinsights.com/reports/sample/rep-gb-6420 

Increase in the Consumption of Drugs to Treat Gastrointestinal Diseases Expected to Fuel the Demand for Pharmaceutical Grade Sodium Carbonate

Owing to unhealthy food habits, demographic changes, sleeping habits and changes in other daily activities, rate of gastrointestinal diseases has increased. According to World Gastroenterology Organization, about 35% to 40% of the world’s population is suffering from chronic or acute gastrointestinal diseases. Due to changes in diet and associated irregularities in food consumption, higher percentage of population is developing gastrointestinal disorders. 

This has spurred the consumption of antacids and other gastrointestinal drugs. Pharmaceutical grade sodium carbonate is largely used as an API in various antacids to treat gastrointestinal drugs. This has fuelled the consumption of the chemical at a global scale consequently fuelling the growth of the global pharmaceutical grade sodium carbonate market.

For More Information or Query or Customization Before Buying, Visit:

https://www.futuremarketinsights.com/customization-available/rep-gb-6420 

Key Companies Involved in the Global Pharmaceutical Grade Sodium Carbonate Market

Prominent players involved in the global pharmaceutical grade sodium carbonate market are concentrating on expanding their production capacity with a view to meet the increasing demand for pharmaceutical grade sodium carbonate at a global level from various end users for different applications. Solvay SA, Novacarb (Novacap Group), Dr. Paul Lohmann GmbH KG, CIECH S.A., Natural Soda LLC, Jost Chemical Co., Tianjin Chengyuan Chemical Co. Ltd., Weifang Hongyuan Chemical Co. Ltd., and Tronox Alkali Corporation are few of the major players operating in the global pharmaceutical grade sodium carbonate market. Analysis on these players is included in this research report, the scope of which covers financial data, product portfolio, expansion strategies and key developments and innovations.

Higher Price of Pharmaceutical Grade Sodium Carbonate to Hinder the Growth of the Global Market

The consumption of pharmaceutical grade sodium carbonate is limited to specialty, niche and certain high cost applications that require high levels of purity. Pharmaceutical grade sodium carbonate is manufactured using batch process to obtain high purity. Extreme caution is essential during the manufacturing process of pharmaceutical grade sodium carbonate coupled with low volume of production, the costs incurred in production are high as compared to regular grades of the chemical. This has resulted in increased pricing of pharmaceutical grade sodium carbonate which has a negative impact on the growth of the global market.

For any queries linked with the report, ask an analyst

https://www.futuremarketinsights.com/ask-question/rep-gb-6420 

Segmental Highlights from the Report

The global market for pharmaceutical grade sodium carbonate is categorised on the basis of applications of pharmaceutical sodium carbonate and its grade. Its market scenario across various regions in the globe is also covered.

With respect to region, North America, Western Europe and Asia Pacific excluding Japan (APEJ) are highly lucrative regions. The pharmaceutical grade sodium carbonate market in APEJ is projected to expand at the highest rate in the coming years owing to increasing demand and use of pharmaceutical grade sodium carbonate across various applications in this region.

In the grade category, the coarse segment is the largest with a high market valuation. The use of coarse pharmaceutical grade sodium carbonate is high as compared to the fine grade. Coarse grade, also known as technical grade, contains higher amount of sulphur. Several companies provide coarse grade at a much lesser price as compared to fine grade as coarse grade sodium carbonate needs less purification and is easy to manufacture.

By application, the use of pharmaceutical grade sodium carbonate is largely observed in API segment as pharmaceutical grade sodium carbonate is widely used as an API in various pharmaceutical companies for drug enhancement. It is also used as a pharma excipient.

Explore FMI’s Extensive Coverage on Chemical & Materials Domain

Aluminum Chemicals Market– Aluminum Chemicals Market: Global Industry Analysis and Opportunity Assessment 2015 – 2025

Concrete Admixtures Market– Concrete Admixtures Market: Global Industry Analysis and Opportunity Assessment 2014 – 2020

Asia Pacific Bio Composites Market– Asia Pacific Bio Composites Market: Industry Analysis and Opportunity Assessment 2014 – 2020

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: [email protected] 

For Media Enquiries: [email protected] 

Website: https://www.futuremarketinsights.com/ 

Report: https://www.futuremarketinsights.com/reports/pharmaceutical-grade-sodium-carbonate-market 

Press-Release: https://www.futuremarketinsights.com/press-release/pharmaceutical-grade-sodium-carbonate-market