Analysis of global sodium bicarbonate market supply and demand
In the future, due to access restrictions and integration, the concentration of domestic industries is expected to increase further.
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sodium bicarbonate is known as the mother of the chemical industry and is widely used. It is an important basic chemical raw material. After 2000, China's sodium bicarbonate industry has developed rapidly, with an average annual capacity growth rate of 2.45%. From 2004 to 2010, the capacity growth rate was relatively fast. In 2015, the production capacity was once reduced. .
The sodium bicarbonate industry in the world originated in Belgium in 1865. Solvay discovered the key technology for industrial production of sodium bicarbonate, which is the Solvay Soda Manufacture Method. . After 1870, Solvay established factories in Britain, Germany, Russia and the United States. From the middle of the 20th century to the beginning of the 21st century, with the discovery and mining of local trona, the United States became the major producer and exporter of sodium bicarbonate worldwide. After 2000, China's sodium bicarbonate production capacity has gradually increased, and its proportion in the world is increasing.
In 2000, the global sodium bicarbonate production capacity was 44.72 million tons, the output was 34.21 million tons, and the operating rate was 76%. North America was the main source of sodium bicarbonate. Ton. After 2003, China's sodium bicarbonate production capacity has continued to increase. As of the end of 2018, China's sodium bicarbonate production capacity has reached 29.59 million tons, and global production capacity has reached 70.33 million tons, accounting for 48% of the world's total. The total production capacity of China, North America and Western Europe accounts for 80% of the global production capacity.
The production process of sodium bicarbonate mainly includes ammonia-alkali method, trona method and combined alkali method. Global ammonia-alkali process equipment is widely distributed, with a production capacity accounting for 47%; trona process equipment production accounts for 24%, mainly distributed in the United States, Turkey, and China; combined-alkali process equipment production accounts for 23%, almost all of which is distributed in China.
China's sodium bicarbonate production can be self-sufficient, with exports accounting for 5% of the country's output. The main export destinations are Southeast Asian countries, with an import dependency of about 1%. In 2018, China's sodium bicarbonate production reached 26.11 million tons, with an operating rate of 85.9%. After the elimination of production capacity and policy access restrictions in 2015, the operating rate of the sodium bicarbonate industry increased to a high level.
The top ten sodium bicarbonate production companies in the global sodium bicarbonate production capacity are Solvay Group (7.5 million tons), Genesis Alkali (4.4 million tons), Tangshan Sanyou (3.4 million tons), Shandong Haihua (3 million tons), and Sina Resources (2.8 million tons), China Salt Group (2.63 million tons), Tata Chemicals North America (2.5 million tons), Kazan Soda Company (2.5 million tons), Henan Jinshan Chemical (2 million tons), Central Chemical Company (1.9 million tons).
