Product Code: ETC109844 | 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 demand for ammonium carbonate in Thailand is expected to grow at a CAGR of 4-5% during the forecast period due to its wide range of applications including food additives, pharmaceuticals, industrial chemicals etc. The growing need for ammonium carbonate from these industries coupled with rising consumer awareness about health benefits associated with its usage are likely factors driving market growth over the forecast period.In 2025, Thai`s ammonium carbonate market was valued at $200 million and it will reach $270 million approximately in the forthcoming years.
In the Thailand ammonium carbonate market, drivers are influenced by the chemical industry`s diverse applications. Ammonium carbonate is utilized in various sectors, including food and beverage, pharmaceuticals, and agriculture. Its role as a leavening agent in bakery products, a pH regulator in pharmaceuticals, and a nitrogen source in agricultural fertilizers has sustained its demand. Furthermore, the market`s growth is supported by the increasing adoption of innovative products and processes across different industries.
In the Thailand ammonium carbonate market, challenges stem from the substance`s toxic nature and environmental considerations. Ammonium carbonate is used in various industrial processes, but its toxicity poses risks to human health and the environment during production, storage, and handling. Stringent safety measures are required to ensure worker safety and prevent environmental contamination. Additionally, increasing awareness of sustainable practices and stricter regulations related to chemical handling and emissions necessitate careful management of ammonium carbonate operations.
In the Thailand ammonium carbonate market, disruptions in international trade impacted the availability of raw materials, causing supply chain challenges. This affected production in various sectors like food, textiles, and cleaning products. The fluctuating demand patterns due to the pandemic-induced economic uncertainties led to market adjustments and a gradual recovery as conditions improved.
In the Thailand ammonium carbonate market, key contributors like AmmoniaChem Solutions, ThaiCarbonate Extracts, and GreenAmmonia Innovations have been instrumental. These companies have been actively involved in producing ammonium carbonate, used in various industries including food, pharmaceuticals, and agriculture. Their role in supplying versatile chemicals with applications across sectors highlights their importance in industrial development.