by Sodium sesquicarbonate, commonly known as trisodium dicarbonate, is an inorganic compound widely used as an alkalizing agent, acidity regulator, anticaking agent, and food additive. It finds extensive application in various industries such as chemical processing, detergents, cosmetics, water treatment, food & beverages, leather tanning, processing of silk and wool, metallurgy, photography, and paper manufacturing among others. Sodium sesquicarbonate helps in controlling the pH value, whitening agents, regulating the acidity, raising the alkalinity, removing odors and imparting gloss. It acts as an efficient cleaning additive, bleach booster and stain remover. The compound also assists in regulating chemical processes and inhibiting corrosion. With increasing industrialization and commercialization worldwide, the demand for cleaning, bleaching and processing aids has surged tremendously, thereby driving the growth of sodium sesquicarbonate market.
The Global sodium sesquicarbonate market is estimated to be valued at US$ 53.70 Bn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period from 2024 to 2031.
Key Takeaways
Key players operating in the sodium sesquicarbonate market are Destiny Chemicals, Ennore India Chemicals, Akshar Exim Pvt. Ltd., CDH Fine Chemical, Thermo Fisher Scientific, Hawkins, Inc., Solvay, Baker Hughes, Merck Group, Fisher Scientific, Sodium Carbonate Co., Gujarat Alkalies and Chemicals Limited, Sodium Carbonate Company, Karnataka Chemicals, Jiangsu Huachang Chemical Co., Ltd., Hubei Greenhome Chemical Co., Ltd., and Shandong Jinling Chemical Co., Ltd.
Sodium Sesquicarbonate Market size is influenced by key opportunities, including the expanding application scope across industries like detergents & soaps, leather & textiles, and water treatment through inorganic growth strategies. There is also opportunity to increase production capacities and global footprint in high growth regions through strategic collaborations and acquisitions.
The global sodium sesquicarbonate market is expanding rapidly with growing exports from Asian countries like China and India to cater to the increasing demand from developed markets of North America and Europe. Key players are focusing on capacity expansions and global partnerships to strengthen their market position.
Market Drivers
The widening application scope of sodium sesquicarbonate across numerous end-use industries is a key driver for market growth. Its properties of regulating pH, preventing corrosion and functioning as an effective deodorizer and bleaching agent have increased its demand from segments like chemical processing, detergents, food & beverages among others. Also, rapid industrialization and commercialization activities worldwide are fueling the need for cleaning and processing aids, thus propelling the sodium sesquicarbonate market forward.
PEST Analysis
Political:The regulations regarding carbonate production and usage vary across regions and countries. Any new regulations introduced pertaining to carbonate production processes, trade policies or usage could impact the demand for sodium sesquecarbonate.
Economic:Global economic growth directly impacts many industries including construction, oil & gas and pharmaceuticals which are key end-use industries for sodium sesquecarbonate. Any fluctuations in economic growth nationally or internationally could pose challenges to the market.
Social:Rising health awareness among consumers has increased the demand for soaps, detergents and personal care products which use sodium sesquecarbonate as an ingredient. Growing population and urbanization also contributes to increased product demand.
Technological: Sodium Sesquicarbonate Market challenges and opportunities as advancements in chemical processing techniques have improved production efficiencies and enabled manufacturers to reduce costs. New extraction methods help minimize wastage, and continued R&D leads to better quality products and new applications.
Geographical regions with high market concentration
Asia Pacific currently dominates the global market in terms of value share. Countries like India, China and Japan have a significant presence of chemical companies and manufacturers that use sodium sesquecarbonate. The growing detergent industry along with personal care and construction sectors drive the high demand.
Fastest growing region
The market in North America is expected to witness the highest CAGR during the forecast period. This can be attributed to increasing industrial output in the USA especially in the oil & gas industry where sodium carbonate finds usage. Growing health awareness among consumers also augments the demand for soaps, detergents and cosmetics incorporating sodium sesquecarbonate.
*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it
About Author - Ravina Pandya
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals. LinkedIn Profile
