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Anti-hydrolysis Agent Market Research Report 2024 | Valuates Reports

06-05-2024 04:34 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

The global Anti-hydrolysis Agent market was valued at US$ 302 million in 2023 and is anticipated to reach US$ 414.3 million by 2030, witnessing a CAGR of 4.4% during the forecast period 2024-2030.

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Anti-hydrolysis agent brings chemical reaction preferentially with carboxylic acid and water to form a stable compound, which further prevents the degradation from autocatalytic hydrolysis of polymer.

According to the Global Use of Medicines 2023 released by IQVIA Institute, the global drug expenditure in 2022 was about US$1.48 trillion (excluding COVID vaccine and treatment-related expenses), and it is predicted to grow at a rate of 3%-6% in the next few years. In terms of drug expenditure, this number in China was about 166 billion dollars in 2022. It is expected that the expenditure on medicines will increase in the next few years. From the perspective of demand, the trend of population aging, the increase of residents' wealth and the improvement of health awareness will drive the demand for medicines.

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Global Use of Medicines 2023 shows that the U.S. market spent about US$ 62.9 billion on medicines in 2022 on a net ex-factory basis. Overall growth slows as the Inflation Reduction Act (IRA) spends US$64 billion to reduce prescription drug prices, and the adoption of new treatments is expected to increase over the next few years. Besides, ex-factory discounts and rebates in drug distribution, the impact of patent expiration, and generic or biosimilar competition will also affect the U.S. pharmaceutical market.

This report aims to provide a comprehensive presentation of the global market for Anti-hydrolysis Agent, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Anti-hydrolysis Agent.

The Anti-hydrolysis Agent market size, estimations, and forecasts are provided in terms of output/shipments (Kiloton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Anti-hydrolysis Agent market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Anti-hydrolysis Agent manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Type
• Polymeric Anti-hydrolysis Agent
• Monotype Anti-hydrolysisAgent

By Application
• Chemical Industry
• Pharmaceutical

Key Companies
BASF, Covestro AG, Huntsman, Langyi Functional Materials, Rhein Chemie, Youfa Co., Ltd., Schäfer Additivsysteme, Shanghai Shawyen Technology Co Ltd., Suzhou Keshengtong New Material Technology Co., Ltd., Trinitti International Co., Ltd.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-13A13167/global-anti-hydrolysis-agent

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Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

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