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Emerging Business Of Sodium Bicarbonate And Acetic Acid | |
| The formula for the chemical compound sodium bicarbonate is NaHCO3. It's a salt with sodium and bicarbonate ions in it. Sodium bicarbonate is a crystalline white powder that is commonly used in baking. It has a salty, alkaline flavour, comparable to washing soda (sodium carbonate). It's also known as baking soda, bread soda, cooking soda, and bicarbonate of soda. Acetic acid, sometimes known as ethanoic acid, is a clear, acidic liquid with the chemical formula CH3COOH (also written as CH3CO2H, C2H4O2, or HC2H3O2). Apart from water, vinegar contains a minimum of 4% acetic acid by volume, making it the most essential component. Acetic acid is the second most basic carboxylic acid (after formic acid). It's a common chemical reagent and industrial chemical used in the production of cellulose acetate for photographic film, polyvinyl acetate for wood glue, and synthetic fibres and fabrics, among other things. The sodium bicarbonate market is predicted to grow at a CAGR of 4.95 percent from US$1.464 billion in 2019 to US$2.053 billion in 2026. Sodium bicarbonate is also known as baking soda or sodium hydrogen carbonate. It has a cooling, somewhat salty flavour and comes in the form of white crystalline powder or granules. It is slightly soluble in water. It's a common ingredient in baking and can also be found in a wide range of detergents and cleaning goods. The market is predicted to gain from increased bakery and detergent usage during the forecast period. An rise in demand for over-the-counter drugs is expected to help the sodium bicarbonate industry. The global acetic acid market was valued at USD 8.92 billion in 2019, with a 5.2 percent compound annual growth rate (CAGR) expected from 2020 to 2027. The market is predicted to develop due to rising demand for the product from Vinyl Acetate Monomer (VAM) firms all over the world. VAM absorbs the vast majority of acetic acid produced worldwide. In a gas phase process, VAM is generated by reacting acetic acid with ethylene and oxygen in the presence of a palladium catalyst. VAM is polymerized to form polyvinyl acetate or other polymers, both of which are important components in the paint industry, and a significant amount of the vinyl acetate monomer produced is used in paint and coatings. Few Indian Major Players 1. Acuro Organics Ltd. 2. D C W Ltd. 3. G H C L Ltd. 4. Godavari Biorefineries Ltd. 5. Gujarat Narmada Valley Fertilizers & Chemicals Ltd. 6. Helm India Pvt. Ltd. | |
| Plant capacity: Sodium Bicarbonate 100.0 MT Per Day Acetic Acid 150.0 MT Per Day | Plant & machinery: 7051Lakhs |
| Working capital: - | T.C.I: Cost of Project: 10501 Lakhs |
| Return: 24.00% | Break even: 69.00% |
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