Pharmaceutical Grade Sodium Chloride Market Revenue, Market Share and Forecast to 2024

Global Pharmaceutical Grade Sodium Chloride Market – Industry Trends and Forecast to 2025

The Pharmaceutical Grade Sodium Chloride market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The Global Pharmaceutical Grade Sodium Chloride Market is expected to reach in terms of volume 1023 KT by 2025, from 604.30 KT in 2017, growing at a CAGR of 6.8% during the forecast period of 2018 to 2025.

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Major Market Drivers and Restraints: 

Increase in chronic and kidney diseases.

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Growing in oral rehydration salt (ORS) sector

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Strong demand for pharmaceutical grade sodium chloride in North America and Europe

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Stringent government regulations and certifications

Market Definition: Global Pharmaceutical Grade Sodium Chloride Market This market report defines the market trends and forecast the upcoming opportunities and threats of the pharmaceutical grade sodium chloride market in the next 8 years. Pharmaceutical Grade Sodium Chloride is basically used in peritoneal dialysis, mechanical cleansing solutions, ORS (Oral Rehydration Salts) and others. According to the Centre for Diseases Control and prevention, in 2012, 117 million people in the world suffering from chronic health conditions and seven of the top 10 causes of death in 2014 were chronic diseases. Due to rise in the chronic disease across the wold will increase the demand for pharmaceutical grade sodium chloride.

Pharmaceutical grade sodium chloride is widely used in injections, oral rehydration salt (ORS), haemodialysis, peritoneal dialysis and others. Out of these applications, pharmaceutical grade sodium chloride is majorly used in ORS, for instance according to WHO (world health organisation), in 2017 due to use of ORS (oral rehydration salts), mortality rate for children suffering from diarrhoea has decreased from 5 million to 1.3 million deaths annually. So, the increased usage of ORS across the globe will push the demand for pharmaceutical grade sodium chloride in the future.

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Market Segmentation: Global Pharmaceutical Grade Sodium Chloride Market 

The global pharmaceutical grade sodium chloride market is segmented based on application and geography.

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On the basis of application, the global pharmaceutical grade sodium chloride market is segmented into injections, oral rehydration salt (ORS), haemodialysis, peritoneal dialysis, & hemofiltration solutions, channelling agents/ osmotic agent, mechanical cleansing solutions, dietary formulations and infant formulations and others.

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Based on geography, the global pharmaceutical grade sodium chloride market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Competitive Analysis: Global Pharmaceutical Grade Sodium Chloride Market The global pharmaceutical grade sodium chloride market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint

ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares pharmaceutical grade sodium chloride market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Pharmaceutical Grade Sodium Chloride Market Some of the major players operating in the global pharmaceutical grade sodium chloride market are AkzoNobel Sanal Pharma, Akzo Nobel N.V., K+S AKTIENGESELLSCHAFT, Dominion Salt Salinen Austria Aktiengesellschaft , Cargill, Incorporated., Sudsalz , Cheetham Salt and hubpak, Hebei Huachen Pharmaceutical Co.,Ltd. Dominionsalt, SSP Pvt Limited., Gulkas Pharma Pvt.Ltd., Spectrum Chemical Manufacturing Corp. PBR, among others.

Research Methodology: Global Pharmaceutical Grade Sodium Chloride Market Data collection and base year analysis is done using data collection modules with large sample sizes.

The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or can drop down your inquiry.

The key research metodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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