Insights Into The Arsenic Market’s Growth Opportunities Through 2023-2032 – Includes Arsenic Market Share
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The increasing use of arsenic in the glass sector is likely to promote innovation in arsenic manufacture, hence propelling the market during the forecast period.
The global arsenic market 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 global arsenic market size is expected to reach $3.26 billion in 2027 at a CAGR of 4%.
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Global Arsenic Market Segments Include:
- By Type: Organic Arsenic, Inorganic Arsenic, Arsine Gas
- By Purity: High Purity Arsenic (5N5), 0.99 (6N), 0.985 (7N), Other Purities
- By Application: Agricultural Timber And Poles, Building And Fencing, Utility Poles, Highway, Other Applications
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global arsenic market in 2021.
Major Market Players in the arsenic market include Chenzhou Chenxi Metals Co. Ltd, Xilan Chemicals Co. Ltd., Pallav Chemicals & Solvents Pvt. Ltd., Lonza, Recylex Group, Furukawa Co. Ltd, Amalgamet Canada LP.
Product innovation is a crucial trend that is gaining traction in the arsenic industry. To increase their market position, major firms in the arsenic industry are focusing on producing new arsenic-based products. For example, Amneal Pharmaceuticals LLC, a generic pharmaceutical producer and supplier based in the United States, will debut arsenic trioxide injection in September 2021. This injection is notable for its capacity to produce remission and consolidation in individuals with acute promyelocytic leukaemia (APL) or who have relapsed from it, and whose APL is identified by the presence of the t(15;17) translocation.
The Arsenic Global Market Report 2023 provides a arsenic market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The arsenic market forecast analyzes arsenic market size, arsenic market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Arsenic is both a chemical element and a naturally occurring mineral. It is a metalloid, which means it possesses properties of both metals and nonmetals. It is used in the production of glass, pigments, textiles, paper, metal adhesives, wood preservatives, and ammunition as an alloying agent.
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