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Global Arsenic Market Size, Share, Regional Overview and Global Forecast To 2033
Global Arsenic Market
Arsenic Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $3.36 billion In 2028 At A CAGR Of 3.2%.
The arsenic market size has grown steadily in recent years. It will grow from $2.85 billion in 2023 to $2.97 billion in 2024 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to industrial processes and manufacturing, wood preservation, pesticides and herbicides, medicine and pharmaceuticals, mining and ore processing..
The arsenic market size is expected to see steady growth in the next few years. It will grow to $3.36 billion in 2028 at a compound annual growth rate (CAGR) of 3.2%. The growth in the forecast period can be attributed to water treatment, semiconductor industry, research and development, solar cell manufacturing, stringent environmental regulations.. Major trends in the forecast period include integration of arsenic mitigation into water infrastructure projects, research on health impacts of chronic arsenic exposure, technological solutions for agricultural contamination..
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Arsenic Market Major Segments
The arsenic market covered in this report is segmented -
1) By Type: Organic Arsenic, Inorganic Arsenic, Arsine Gas
2) By Purity: High Purity Arsenic (5N5), 0.99 (6N), 0.985 (7N), Other Purities
3) By Application: Agricultural Timber And Poles, Building And Fencing, Utility Poles, Highway, Other Applications
Key Driver - Surging Demand In The Glass Industry Shapes The Arsenic Market Landscape
The rising use of arsenic in the glass industry is expected to boost the growth of the arsenic market going forward. Glass refers to an inorganic solid material that is often clear or translucent, hard, brittle, and resistant to the elements. Arsenic is used as a fining agent in the glassmaking process to improve the clarity and color of glass. For instance, according to the International Energy Agency, a France-based autonomous intergovernmental organization, in 2021, in comparison to the base case, the demand is anticipated to increase by two times by 2040. Additionally, the demand for arsenic accounts for about 25% of the world's production. Therefore, the rising use of arsenic in the glass industry is driving the growth of the arsenic market.
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Prominent Trend - Amneal Pharmaceuticals Redefines Arsenic Market With Groundbreaking Arsenic Trioxide Injection
Product innovation is a key trend gaining popularity in the arsenic market. Major companies operating in the arsenic market are focused on developing new arsenic-based products to strengthen their position in the market. For instance, in September 2021, Amneal Pharmaceuticals LLC, a US-based manufacturer and supplier of generic pharmaceuticals, launched arsenic trioxide injection. The unique feature of this injection is its ability to induce remission and consolidation in acute promyelocytic leukemia (APL) patients, or who have relapsed from it, and whose APL is distinguished by the presence of the t(15,17) translocation.
Arsenic Market Players
Major companies operating in the arsenic market report are Chenzhou Chenxi Metals Co. Ltd., Xilan Chemicals Co. Ltd., Pallav Chemicals & Solvents Pvt. Ltd., Lonza Group AG, Recylex Group, Furukawa Co. Ltd., Amalgamet Canada LP, Yangzhou Zhongtianli New Material Co. Ltd., PPM Reinstmetalle Osterwieck GmbH, Emeishan Jiamei High Purity Material Co. Ltd., Noah Technologies Corporation, High Purity Material Co. Ltd., ProChem Inc., ALB Materials Inc., Mil-Spec Industries, Merck KGaA, Thermo Fisher Scientific Inc., GFS Chemicals Inc., Chemetall GmbH, Johnson Matthey plc, Aurubis AG, Umicore NV, Teck Resources Limited, Glencore plc, Boliden AB, Zijin Mining Group Co. Ltd., Polyus Gold International Limited, Kinross Gold Corporation, Newmont Corporation, Barrick Gold Corporation, Gold Fields Limited, Agnico Eagle Mines Limited, Yamana Gold Inc., Harmony Gold Mining Company Limited, Sibanye Stillwater Limited .
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the arsenic market in 2023. The regions covered in the arsenic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Arsenic Market Report Structure
3. Arsenic Market Trends And Strategies
4. Arsenic Market - Macro Economic Scenario
5. Arsenic Market Size And Growth
…..
27. Arsenic Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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