The Arsenic Global Market Report 2023, provides comprehensive information on the arsenic market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global arsenic market size is expected to grow from $2.72 billion in 2022 to $2.79 billion in 2023 at a compound annual growth rate (CAGR) of 2.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global arsenic market size is expected to reach $3.26 billion in 2027 at a CAGR of 4%.
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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.
The arsenic market 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
Asia-Pacific was the largest region in the arsenic market in 2022.
The table of contents in TBRC’s arsenic market report includes:
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