Top 10 Companies in the Bismuth Subcarbonate Market (2025): Market Leaders Driving Medical and Industrial Innovation

In Business Insights
December 02, 2025


The Global Bismuth Subcarbonate Market was valued at USD 121.8 Million in 2024 and is projected to reach USD 168.3 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This steady growth is fueled by escalating demand from the pharmaceutical sector, particularly for gastrointestinal medications, and its expanding applications in cosmetics, plastics, and industrial opacifiers.

As industries increasingly seek safe, non-toxic, and effective alternatives to heavy metals, bismuth subcarbonate has emerged as a critical material. In this blog, we profile the Top 10 Companies in the Bismuth Subcarbonate Industry—a diverse group of chemical manufacturers and specialists shaping the supply chain for this versatile compound.

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🔟 1. Omkar Chemicals

Headquarters: Mumbai, Maharashtra, India
Key Offering: High-Purity Bismuth Subcarbonate (Above 97.5%, Above 95%)

Omkar Chemicals is a leading supplier of specialty chemicals, with a strong foothold in the bismuth subcarbonate market. The company is recognized for its stringent quality control and reliable supply chain, serving pharmaceutical and cosmetic clients globally.

Innovation and Quality Initiatives:

  • Investment in advanced purification technologies

  • Compliance with international pharmacopoeia standards (USP, EP)

  • Focus on developing high-purity grades for sensitive medical applications


9️⃣ 2. Metals Kingdom Industry Limited

Headquarters: Nanjing, Jiangsu, China
Key Offering: Bismuth Subcarbonate, Bismuth Oxychloride, Bismuth Nitrate

Metals Kingdom Industry is a major player in the global bismuth derivatives market. Leveraging China’s significant bismuth reserves, the company offers a comprehensive portfolio of bismuth-based chemicals for industrial and commercial use.

Innovation and Quality Initiatives:

  • Vertical integration from bismuth metal to finished salts

  • Large-scale production capacity ensuring consistent supply

  • R&D focused on expanding applications in plastics and coatings


8️⃣ 3. Shepherd Chemical Company

Headquarters: Cincinnati, Ohio, USA
Key Offering: Bismuth Subcarbonate, Bismuth Carbonate Basic

As a long-established North American chemical manufacturer, Shepherd Chemical Company provides high-quality bismuth subcarbonate primarily for the pharmaceutical industry. Their expertise in metal-based chemicals makes them a trusted partner for demanding applications.

Innovation and Quality Initiatives:

  • cGMP manufacturing capabilities for pharmaceutical clients

  • Strong focus on batch-to-batch consistency

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Bismuth Subcarbonate Market – View in Detailed Research Report


7️⃣ 4. Hunan Jinwang Bismuth Industry Co., Ltd.

Headquarters: Chenzhou, Hunan, China
Key Offering: Bismuth Metal, Bismuth Subcarbonate, Bismuth Oxide

Hunan Jinwang Bismuth Industry is one of the world’s largest producers of bismuth and its compounds. Located in a region rich in bismuth resources, the company dominates the global supply of raw and processed bismuth materials.

Innovation and Quality Initiatives:

  • Control over a significant portion of global bismuth mining output

  • Continuous expansion of production capacity for bismuth chemicals

  • Development of environmentally friendly extraction and processing methods


6️⃣ 5. Zhejiang Taizhou TU-POLY

Headquarters: Taizhou, Zhejiang, China
Key Offering: Bismuth Subcarbonate, Bismuth Citrate

Zhejiang Taizhou TU-POLY specializes in fine chemicals and pharmaceutical intermediates, with bismuth subcarbonate being a key product line. The company serves both domestic and international markets with a focus on pharmaceutical-grade quality.

Innovation and Quality Initiatives:

  • Specialization in high-purity grades for medicinal use

  • Robust export operations to Europe and North America


5️⃣ 6. Chemwill Asia Co., Ltd.

Headquarters: Beijing, China
Key Offering: Bismuth Subcarbonate, Cosmetic-Grade Bismuth Compounds

Chemwill Asia operates as a global supplier and distributor of specialty chemicals, including bismuth subcarbonate. The company excels in connecting Chinese manufacturers with international buyers, ensuring seamless logistics and quality assurance.

Innovation and Quality Initiatives:

  • Extensive network of certified manufacturing partners

  • Focus on cosmetic and personal care industry applications

  • Comprehensive technical support and regulatory guidance


4️⃣ 7. 5N Plus Inc.

Headquarters: Montreal, Quebec, Canada
Key Offering: High-Purity Bismuth Compounds, Electronic Grade Bismuth

5N Plus is a leading global producer of specialty metal and chemical products. While known for high-purity metals for electronics, the company also supplies bismuth subcarbonate meeting stringent quality standards for pharmaceutical and advanced material applications.

Innovation and Quality Initiatives:

  • Expertise in ultra-high purity (5N, 6N) material production

  • Investment in sustainable and eco-efficient manufacturing processes


3️⃣ 8. Claraint Corporation

Headquarters: Tokyo, Japan
Key Offering: Bismuth Subcarbonate, Bismuth-based Pearlescent Pigments

Claraint Corporation, though a broader chemical company, is a significant supplier of bismuth-derived products in the Asian market. Their focus on bismuth subcarbonate for cosmetic pearlescent effects positions them strongly in the personal care industry.

Innovation and Quality Initiatives:

  • Development of innovative bismuth-based effect pigments

  • Strong R&D in cosmetic ingredient safety and performance

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Bismuth Subcarbonate Market – View in Detailed Research Report


2️⃣ 9. Biosynth Carbosynth

Headquarters: Staad, Switzerland
Key Offering: Research-Grade Bismuth Subcarbonate, Life Science Chemicals

Biosynth Carbosynth is a key supplier for the research and development sector, providing high-quality bismuth subcarbonate to pharmaceutical companies, academic institutions, and contract research organizations worldwide.

Innovation and Quality Initiatives:

  • Extensive catalog of research chemicals and biochemicals

  • Stringent quality documentation for regulatory submissions

  • Global distribution network ensuring rapid delivery to researchers


1️⃣ 10. Merck KGaA

Headquarters: Darmstadt, Germany
Key Offering: Pharmaceutical-Grade Bismuth Subcarbonate, Lab Chemicals

Merck KGaA, through its Sigma-Aldrich brand, is a premier global supplier of laboratory and fine chemicals. The company offers bismuth subcarbonate that meets the highest purity standards for pharmaceutical development and manufacturing.

Innovation and Quality Initiatives:

  • Compliance with global pharmacopoeia standards

  • Investment in analytical method development for impurity profiling

  • Support for customers with extensive technical data and regulatory expertise

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Bismuth Subcarbonate Market – View in Detailed Research Report


🌍 Outlook: The Future of Bismuth Subcarbonate Is Multifunctional and High-Growth

The bismuth subcarbonate market is experiencing a significant transformation. While its traditional use in gastrointestinal medications remains strong, new applications in cosmetics, plastics, and advanced materials are driving diversification and growth.

📈 Key Trends Shaping the Market:

  • Increasing demand for lead-free and non-toxic alternatives in cosmetics and plastics

  • Growth in pharmaceutical applications, particularly in emerging economies

  • R&D into novel bismuth compounds for medical imaging and catalysis

  • Supply chain diversification away from single geographic sources

Get Full Report Here:
Bismuth Subcarbonate Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial chemical—they’re enabling innovation across healthcare, personal care, and advanced materials sectors worldwide.