The Arsenic by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033)
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According to The Business Research Company’s Arsenic, 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.
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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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
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 report table of contents includes:
1. Executive Summary
2. Arsenic Market Characteristics
3. Arsenic Market Trends And Strategies
4. Arsenic Market – Macro Economic Scenario
5. Global Arsenic Market Size and Growth
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26. South America Arsenic Market
27. Brazil Arsenic Market
28. Middle East Arsenic Market
29. Africa Arsenic Market
30. Arsenic Market Competitive Landscape And Company Profiles
Top Major Players:
- Chenzhou Chenxi Metals Co. Ltd
- Xilan Chemicals Co. Ltd
- Pallav Chemicals & Solvents Pvt. Ltd
- Lonza Group AG
- Recylex Group
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