Ammonium Acetate Market - (By Type- Food Additive, Pharmaceuticals, Electrolyte Solution, Market By Grade - Industrial Grade, Food Grade, Agriculture Grade, Medicine Grade) - Global Industry Size, Share, Trends, and Forecast, 2018-2026

Introduction

Ammonium acetate is a white crystalline solid which is synthesis by using two methods, either by neutralizing the acetic acid with ammonium carbonate or by the saturation of glacial acid with dry ammonia gas. As ammonium acetate is volatile at low pressure, they are widely used for replacing cell buffer with non-volatile salts in preparing samples for mass spectrometry. As the salt of a weak acid and a weak base, ammonium acetate is often used with acetic acid to create buffer solution.

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Market Dynamics

Increasing demand from food and beverage industry, increasing focus on natural additives, and rising health concern are the primary factor which is driving the ammonium acetate market. Increasing use of ammonium acetate in the pharmaceuticals industry is also contributing toward the growth of ammonium acetate market. Additionally, increasing research and development activities related to the food additives and pharmaceuticals products through the use of ammonium acetate are likely to propel the need for ammonium acetate; ultimate driven the market growth. Moreover, Private research institutions, as well as major pharmaceutical manufacturing companies, are focusing for alternate ways to strengthen their product pipeline which will ultimately account for the growth of the ammonium acetate market in the pharmaceutical industry.

However, strict regulation related to the use of ammonium acetate in application owing to a threat to the environment may slow the growth of the market.

Market Classification and Overview

The global ammonium acetate market is segmented by application, and grade.

On the basis of the application, the ammonium acetate market is a food additive, pharmaceuticals, electrolyte solution, and others

On the basis of the grade, the market is segmented into the industrial grade, food grade, agriculture grade, medicine grade, and others

Regional Overview

Geographically, the global air purification system market is segmented into North America, Europe, Asia Pacific, and the Latin America and the Middle East & Africa (LAMEA).

The Asia Pacific hold the largest share of ammonium acetate market. Emerging economies such as China consume ammonium acetate in pharmaceuticals including drug preparation, chemical medicine, and Chinese patent drug, which is increase the demand; ultimately driven the growth of the market. Additionally, constructive policies of the Chinese government over pharmaceutical safety, leading to greater demand for high-grade ammonium acetate in the future. Moreover, the use of ammonium acetate is legalized in the countries such as Australia, New Zealand

The markets in North America and Europe are expected to expand at a constant pace during the forecast period. Due to the growing consumption of ammonium acetate in the food and beverage coupled with increasing awareness regarding the use of functional food additives. Additionally, Small, medium and large-scale manufacturers of ammonium acetate are operating in the industry with different products will foster the demand for ammonium acetate.

Latin America and Middle East & Africa (LAMEA) are expected as the emerging market for ammonium acetate during the forecast period. Due to the growth in the agriculture sector such as fertilizer production will lead the way toward regional economic integration in Latin America, and for the benefits that will drive the demand for ammonium acetate.

Market Participants

Some of the prominent players of ammonium acetate market are Niacet, Jarchem, NASi, Industrial chemicals, Yangshan Biochemical, Victor Chemical, Chutian fine chemical, Jiatai chemical, HONGYANG CHEMICAL Langfang Tianke, Runhong Technology, ZHONGHE Chemical, Yafeng Chemical

Market Segmentation

Market By Application

• Food Additive
• Pharmaceuticals
• Electrolyte Solution
• Others

Market By Grade

• Industrial Grade
• Food Grade
• Agriculture Grade
• Medicine Grade
• Others

Market By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA