Product Code: ETC109848 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines ammonium carbonate market is estimated to register a CAGR of 4.4% in terms of volume during the forecast period. Ammonium Carbonate is used as raw material for baking soda and other sodium bicarbonates, as well as an important reagent in various chemical syntheses. The demand for ammonia carbonate has been increasing steadily due to its uses in the food industry. In 2025, the total production capacity of ammonium carbonate was estimated at around 10 thousand tons per year. The major producers are concentrated in Visayas and Mindanao regions while the Metro Manila region accounts for nearly 43% share of production output. In terms of demand, it is expected that domestic consumption will increase significantly due to the growing population & changing lifestyle patterns along with industrialization and urbanization which will provide a further boost to the growth prospects over the next five years. Furthermore, rising disposable incomes coupled with increased consumer spending towards packaged food products would further support the overall market growth rate over the projected timeframe.
The Philippines Ammonium Carbonate market growth is attributed to its applications across various industries. Ammonium carbonate is used in baking, food processing, and pharmaceuticals as a leavening agent and pH regulator. The growth of the food and pharmaceutical sectors, along with changing consumer preferences for processed foods, contributes to the demand for ammonium carbonate.
The Philippines Ammonium Carbonate market serves various sectors like agriculture and chemical manufacturing. Challenges include handling and storage of a volatile compound, ensuring adherence to safety regulations, and exploring sustainable production methods to minimize environmental impact.
The Philippines ammonium carbonate market encountered challenges due to the COVID-19 pandemic. Ammonium carbonate is used in various industries, including food and pharmaceuticals. The disruptions in supply chains, reduced consumer spending on non-essential products, and shifts in consumer behavior influenced the demand for ammonium carbonate-containing products. With changes in consumption patterns and temporary closures of certain establishments, the market faced fluctuations. However, as consumer preferences stabilize and economic activities improve, the ammonium carbonate market is expected to recover. The market`s revival will be driven by the resumption of food and pharmaceutical production and the need for essential ingredients.
The Philippines Ammonium Carbonate market, used in various industrial processes, has been supported by chemical and food industries. Key players include ChemiCorp Philippines, AmmTech Solutions, and Carbonate Industries Group.