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Comprehensive 2025 Arsenic Market Overview: Trends, Forecasts, and Growth Drivers
Arsenic Market
What Is the Expected CAGR for the Arsenic Market Through 2025?
In recent times, the arsenic market has experienced consistent growth. The market's worth is anticipated to rise from $2.83 billion in 2024 to reach $2.92 billion in 2025, indicating a compound annual growth rate (CAGR) of 3.4%. The expansion during the historic period is credited to factors such as industrial procedures and manufacturing, wood preservation, the use of pesticides and herbicides, along with the contributions from the medicine and pharmaceuticals industry, as well as mining and ore processing.
What's the Projected Size of the Global Arsenic Market by 2029?
The market size for arsenic is anticipated to experience consistent expansion in the ensuing years. By 2029, it's projected to burgeon to $3.28 billion, with a compound annual growth rate (CAGR) of 2.9%. The amplification during the forecasted period can be ascribed to factors such as water treatment, semiconductor production, research and development endeavours, solar cell manufacturing, and strict environmental regulations. Significant trends during the predicted period encompass the incorporation of arsenic mitigation strategies in water infrastructure schemes, studies examining the health effects of long-term arsenic exposure, and technological breakthroughs addressing contamination in agriculture.
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Top Growth Drivers in the Arsenic Industry: What's Accelerating the Market?
It is anticipated that the rise in mobile networks will stimulate the expansion of the arsenic market. Mobile networks, as telecommunications systems, facilitate wireless communication via mobile devices, such as smartphones and tablets. The escalation in mobile networks is propelled by an increasing necessity for connectivity, technological advancements, and the advancement of mobile services in evolving markets. These networks play an essential role in contemporary communication, providing worldwide connectivity and access to data. For example, Ericsson, a telecommunications company based in Sweden, predicted in a report that there would be over 5.3 billion 5G subscriptions worldwide by 2029, with average monthly data consumption per smartphone increasing from 21GB in 2023 to 56GB by the end of that period. Also projected was that 85% of the global population would be covered by 5G by the close of 2029. Hence, the rise in mobile networks is fuelling the expansion of the arsenic market.
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What Trends Will Shape the Arsenic Market Through 2029 and Beyond?
In an effort to advance technology integration and broaden their market reach, key players in the arsenic market have started engaging in strategic partnerships. Strategic partnerships are defined as cooperative relationships between two or more companies where resources, knowledge, and efforts are pooled to accomplish shared objectives or goals. For instance, Avnet India, a distributor of technology headquartered in India, forged a partnership in April 2024 with the Indian Institute of Science (IISc), a research institute in India, with the aim of tackling arsenic contamination in groundwater. This collaboration is geared towards the creation of sustainable, waste-free arsenic remediation solutions. The Sustainable Separation Solutions group at IISc was equipped with crucial safety and experimental tools by Avnet India, which facilitated the team of researchers to carry out pioneering studies.
What Are the Main Segments in the Arsenic Market?
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
Subsegments:
1) By Organic Arsenic: Arsenic-Containing Pesticides, Arsenic-Based Pharmaceuticals
2) By Inorganic Arsenic: Arsenic Trioxide, Arsenic Pentoxide, Arsenic Sulfide
3) By Arsine Gas: Industrial-Grade Arsine, Research-Grade Arsine
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Which Top Companies are Driving Growth in the Arsenic Market?
Major companies operating in the arsenic market include 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
Which Regions Will Dominate the Arsenic Market Through 2029?
Asia-Pacific was the largest region in the arsenic market in 2024. The regions covered in the arsenic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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