Report Code: A08659 | Pages: NA | Mar 2023 | 1061 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Ammonium Acetate Market
Request Now !Ammonium acetate is a chemical compound with the formula NH4CH3CO2. It is a white, hygroscopic solid, which shows both acid and base properties at room temperature and can be derived from the reaction of ammonia and acetic acid. It is available commercially. Ammonium acetate is often used with acetic acid to create a buffer solution. A buffer solution is an aqueous solution containing of a combination of a weak acid and its conjugate base, or vice versa. Its pH changes in a minor in a minor extent with adding a small amount strong acid or base. Buffer solutions are used in numerous chemical applications by keeping its pH at a nearly constant value, such as bicarbonate buffering system that is used to regulate pH of blood. Ammonium acetate is used as a food additive as an acidity regulator. It is also used in medicines and drug preparation.Â
COVID-19 scenario analysis:
Developing food and beverages industry, change in pattern toward natural additives from synthetic additives as well as developing demand for functional food additives because of rising health concerns are some of the factors of the main considerations contributing towards the development of the market. Increasing research and development with the food additives substances and pharmaceuticals items using ammonium acetate is expected to drive the market demand for ammonium acetate. Ammonium acetate causes mild irritation in skin when touched and ingestion by swallowing can cause stomach irritation leading to diarrhoea. These symptoms could also be accompanied by diuresis affecting kidneys. Health issues regarding ammonium acetate hinder the growth for this market.Â
Being a functional chemical, ammonium acetate additionally has critical significance in the pharmaceutical business. Developing economies, for example, China broadly expend ammonium acetate in pharmaceuticals including drug preparation, chemical medication, and Chinese patent drug, which has developed rapidly throughout the years. Besides, the government of China has raised worries over pharmaceutical security, prompting more noteworthy demand for high-grade ammonium acetate in the future. Various manufacturers are significantly investing for the development of the pharmaceutical industry with anticipating the tremendous growth potential. With broadly usage of Ammonium acetate in insulin and the expanding diabetic patient pool are increasing the global demand for ammonium acetate.Â
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Ammonium Acetate Market: Global Opportunity Analysis and Industry Forecast 2020-2027 Report Highlights
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Key Market Players | Niacet, Jarchem, NASi, Industrial chemicals, Yangshan Biochemical, Victor Chemical, Chutian fine chemical, Jiatai chemical, HONGYANG CHEMICAL LangfangTianke, Runhong Technology, ZHONGHE Chemical, Yafeng Chemical |
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