Press release
Pharmaceutical Grade Sodium Chloride Industry Showing Impressive Growth during Forecast Period 2020 - 2027
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Pharmaceutical grade sodium chloride is a type of salt that is highly pure and free from impurities. It is often used in medication and IV solutions because of its high purity level. Sodium chloride can be mined from natural sources or produced synthetically. The manufacturing process of pharmaceutical-grade sodium chloride involves several steps of purification, including filtration, distillation, and ion exchange.
Market Segments
The Pharmaceutical Grade Sodium Chloride Market is segmented by type, application and region. By type, the market is divided into API-NaCl and HD-NaCl. Based on application, it is bifurcated into injections, hemodialysis and oral rehydrations salts. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Pharmaceutical Grade Sodium Chloride Market includes players such as K + S AG, Akzonobel, Cargill, Hub Salt, Swiss Saltworks, Sudsalz Gmbh, Tata Chemicals, Cheetham Salt, Salinen and Dominion Salt Ltd.
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Key Trends
Some of the key trends in pharmaceutical grade sodium chloride technology include the development of new and improved methods for the purification of sodium chloride, the use of new and improved materials for the manufacture of sodium chloride, and the development of new and improved methods for the packaging and storage of sodium chloride.
Key Drivers
The key drivers of the Pharmaceutical Grade Sodium Chloride market are the growing demand for injectable drugs and the increasing preference for intravenous (IV) therapy. The growing demand for injectable drugs is driven by the rising incidence of chronic diseases and the growing preference for IV therapy over oral administration.
The other key drivers of the Pharmaceutical Grade Sodium Chloride market include the growing demand for home-based care and the increasing aging population. The growing demand for home-based care is driven by the need to reduce healthcare costs and the growing preference for convenient and comfortable care.
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