Transparency
Market Research Reports incorporated a definite business overview and
investigation inclines on “Ammonium
Acetate Market”.
This report likewise incorporates more illumination about fundamental
review of the business including definitions, requisitions and
worldwide business sector industry structure. Ammonium acetate is a
white solid, derived from the reaction of acetic acid and ammonia. It
is commercially available compound which is manufactured either by
neutralizing acetic acid with ammonium carbonate or by the saturation
of glacial acetic acid with dry ammonia gas. As the salt of a weak
acid and base, ammonium acetate exhibits a number of distinctive
properties. It is usually consumed as a biodegradable de-icing agent,
reacted with acetic acid, for the thermal decomposition of non-ionic
products, as a source of ammonia for organic synthesis in the Borch
reaction, and as a catalyst in the Knoevenagel condensation. It is
also used for the removal of contaminants via diffusion in dialysis
as a part of protein purification process. Ammonium acetate is
significantly used for replacing cell buffers with non-volatile salts
in the preparation of samples of mass spectrometry owing to its
volatile nature at low pressures. Besides these applications,
ammonium acetate is widely consumed in food additives as an acidity
regulator, and in pharmaceuticals in medicines and drug preparation.
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The
global market for ammonium acetate has been witnessing noticeable
growth owing to growth of its application industries, such as food
additives and pharmaceuticals. The demand for ammonium acetate is
anticipated to rise on account of growing consumption of food and
beverages coupled with increasing awareness regarding the use of
functional food additives. Small, medium and large scale
manufacturers of ammonium acetate are operating in the industry with
different product and market focus. Key manufacturers have entered
into several collaborations and agreements with other companies for
the marketing of new products as well as garnering a larger share in
the market. Being a functional chemical, ammonium acetate also has
significant importance in the pharmaceutical industry. Emerging
economies such as China widely consume ammonium acetate in
pharmaceuticals including drug preparation, chemical medicine, and
Chinese patent drug, which has grown rapidly over the years.
Moreover, the government of China has raised concerns over
pharmaceutical safety, leading to greater demand for high-grade
ammonium acetate in the future.
Various
manufacturers are significantly investing for the development of the
pharmaceutical industry on account of its tremendous growth
potential. Private research institutions as well as major
pharmaceutical companies are looking forward for alternate ways to
strengthen their product pipeline. These factors have significantly
accounted for the growth of the ammonium acetate market in the
pharmaceutical industry.
Growing
food and beverages industry, change in trend towards natural
additives from synthetic additives as well as growing demand for
functional food additives due to rising health concerns are some of
the major factors contributing towards the growth of the market.
Growing demand for ammonium acetate in pharmaceuticals is also
anticipated to contribute towards the growing demand for ammonium
acetate. However, stringent government guidelines and regulations
regarding the use of ammonium acetate in some applications are
expected to hamper the growth of the market. Focus on research and
development activities (R&D) for the development innovative food
additives and pharmaceutical products through the use of ammonium
acetate are expected to provide new opportunities for the growth of
the market.
Chutian
Fine Chemical, Hongyang Chemical, Jarchem, Niacet, Sigma-Aldrich
Corporation, Voctor Chemical, and Yafeng Chemical are some of the key
manufacturers of ammonium acetate present in the market.
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This
research report analyzes this market depending on its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
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