VALLEY COTTAGE, New York, March 26, 2018 /PRNewswire/ --
Future Market Insights anticipates 2x growth for China and 2.2x growth for India over 2018-2028
The global pharmaceutical grade sodium chloride market is presumed to exceed a value of US$ 430 Mn by 2028 end. The market is currently worth US$ 249.5 Mn and is projected for a positive growth outlook over the next decade, at a CAGR of 5.6%. Among all regional markets for pharmaceutical grade sodium chloride, China currently holds around 28% share of the total market revenue and will reportedly continue dominance with maximum market share by value. India, although a low-volume market, is foreseen to witness a relatively high-growth scenario in near future.
(Logo: http://photos.prnewswire.com/prnh/20161020/430874LOGO )
Robust Production of Hemodialysis Solutions to Push the Chinese Market
The US$ 69.8 Mn Chinese market for pharmaceutical grade sodium chloride is likely to thrive at a healthy value CAGR of 7.3% over 2018-2028. Applications in hemodialysis and hemofiltration solutions will remain top consumers, bringing over 80% of the total revenues. "China will dominate in terms of both production and consumption. Soaring production of hemodialysis solutions in China will predominantly boost the market for pharmaceutical grade sodium chloride in China," states a research analyst at Future Market Insights.
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Rising Renal Failure Cases to Provide Traction to the Indian Market
The Indian market for pharmaceutical grade sodium chloride is currently worth US$ 6.5 Mn, expected to see an impressive CAGR of 8.5% through to 2028. Future Market Insights estimates more than 38,000 metric tons of consumption volume to be attained by the Indian market by 2028 end. Soaring number of cases of patients suffering from kidney failure and other renal disorders is identified to be the key factor driving the demand for pharmaceutical grade sodium chloride in production of dialysis and perennial solutions.
Other Factors Impacting the Performance of Markets in China and India
Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you https://www.futuremarketinsights.com/askus/rep-gb-6464
Key Player Analysis
Some of the leading players in the global pharmaceutical grade sodium chloride market are K+S Group (ESCO Salt), AkzoNobel N.V., Morton International, and U.S. Salt LLC. According to Future Market Insights' research, Indian market for pharmaceutical grade sodium chloride has over 100 manufacturers, which make it the third largest producer on a global level. Chinese market revenue is majorly concentrated in Tianjin Changlu Haijing Group Co., Ltd., Hebei Huachen Pharmaceutical Co., Ltd., and Thai Refined Salt Co., Ltd. Several key players are focusing more on their capacity expansion and many others are considering introduction of new products to the market with additional novel functionalities.
A few of the global key companies, including N.V. and K+S Group, are planning expansion in India. Manufacturers and end-users are prioritizing long term supply agreements, which in turn is propelling sales of pharmaceutical grade sodium chloride over the forecast period. Strengthening of distribution channels is another paramount for top market players in a bid to enhance their global reach. Will improvement in distribution channels lead to improved market conditions in developed regions and developing ones other than China and India? The report can offer more insights.
View Report Preview at Pharmaceutical Grade Sodium Chloride Market By application - Saline drips, Hemodialysis & hemofiltration, Intermediate (API), ORS, Others: https://www.futuremarketinsights.com/reports/pharmaceutical-grade-sodium-chloride-market
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ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Browse More: Chemicals & Materials Market Insights
CONTACT: 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): +44(0)20-7692-8790 Sales: [email protected] Press Office: [email protected]
FMI Blog: http://www.fmiblog.com/
Website: http://www.futuremarketinsights.com
SOURCE Future Market Insights
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Future Market Insights anticipates 2x growth for China and 2.2x growth for India over 2018-2028
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The global pharmaceutical grade sodium chloride market is presumed to exceed a value of US$ 430 Mn by 2028 end. The market is currently worth US$ 249.5 Mn and is projected for a positive growth outlook over the next decade, at a CAGR of 5.6%. Among all regional markets for pharmaceutical grade sodium chloride, China currently holds around 28% share of the total market revenue and will reportedly continue dominance with maximum market share by value. India, although a low-volume market, is foreseen to witness a relatively high-growth scenario in near future.
(Logo: http://photos.prnewswire.com/prnh/20161020/430874LOGO )
Robust Production of Hemodialysis Solutions to Push the Chinese Market
The US$ 69.8 Mn Chinese market for pharmaceutical grade sodium chloride is likely to thrive at a healthy value CAGR of 7.3% over 2018-2028. Applications in hemodialysis and hemofiltration solutions will remain top consumers, bringing over 80% of the total revenues. "China will dominate in terms of both production and consumption. Soaring production of hemodialysis solutions in China will predominantly boost the market for pharmaceutical grade sodium chloride in China," states a research analyst at Future Market Insights.
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-6464
Rising Renal Failure Cases to Provide Traction to the Indian Market
The Indian market for pharmaceutical grade sodium chloride is currently worth US$ 6.5 Mn, expected to see an impressive CAGR of 8.5% through to 2028. Future Market Insights estimates more than 38,000 metric tons of consumption volume to be attained by the Indian market by 2028 end. Soaring number of cases of patients suffering from kidney failure and other renal disorders is identified to be the key factor driving the demand for pharmaceutical grade sodium chloride in production of dialysis and perennial solutions.
Other Factors Impacting the Performance of Markets in China and India
- Growing demand for hemodialysis and hemofiltration solutions
- Increasing consumption of ORS solutions
- Improving healthcare facilities and infrastructure
- Favorable government policies
- Foreign direct investments
Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you https://www.futuremarketinsights.com/askus/rep-gb-6464
Key Player Analysis
Some of the leading players in the global pharmaceutical grade sodium chloride market are K+S Group (ESCO Salt), AkzoNobel N.V., Morton International, and U.S. Salt LLC. According to Future Market Insights' research, Indian market for pharmaceutical grade sodium chloride has over 100 manufacturers, which make it the third largest producer on a global level. Chinese market revenue is majorly concentrated in Tianjin Changlu Haijing Group Co., Ltd., Hebei Huachen Pharmaceutical Co., Ltd., and Thai Refined Salt Co., Ltd. Several key players are focusing more on their capacity expansion and many others are considering introduction of new products to the market with additional novel functionalities.
A few of the global key companies, including N.V. and K+S Group, are planning expansion in India. Manufacturers and end-users are prioritizing long term supply agreements, which in turn is propelling sales of pharmaceutical grade sodium chloride over the forecast period. Strengthening of distribution channels is another paramount for top market players in a bid to enhance their global reach. Will improvement in distribution channels lead to improved market conditions in developed regions and developing ones other than China and India? The report can offer more insights.
View Report Preview at Pharmaceutical Grade Sodium Chloride Market By application - Saline drips, Hemodialysis & hemofiltration, Intermediate (API), ORS, Others: https://www.futuremarketinsights.com/reports/pharmaceutical-grade-sodium-chloride-market
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Polymer Coated Fabrics Market Segmentation Product Type - Vinyl Coated Fabrics, PU Coated Fabrics, PE Coated Fabrics, Others (acrylic, nylon 6, nylon 6-6, PA, PC, PEEK, PBT, and PET); Textile Material Type - Knitted, Woven, Non-Woven; Application - Transportation, Protective Clothing, Industrial, Roofing, Awnings & Canopies, Furniture & Seating, Others (Agriculture, Geotextiles, Medical, Sports & Leisure, And Packaging): https://www.futuremarketinsights.com/reports/polymer-coated-fabrics-market
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Browse More: Chemicals & Materials Market Insights
CONTACT: 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): +44(0)20-7692-8790 Sales: [email protected] Press Office: [email protected]
FMI Blog: http://www.fmiblog.com/
Website: http://www.futuremarketinsights.com
SOURCE Future Market Insights
