Pharmaceutical Grade Sodium Chloride Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
Sodium chloride (NaCl) is the chemical name for salt. Sodium chloride occurs naturally as the mineral halite. Commercially, it is obtained by the solar evaporation of salt water, or by mining. It is a component of sodium chloride injections USP, and has production uses in pharmaceutical processing.
Sodium chloride has uses a channeling agent, and as an osmotic agent in the cores of controlled-release tablets. It also is used to help modify drug release, and to adjust porosity in tablet coatings. It can adjust drug release from gels and emulsions, and adjust the thickness of solutions by altering the ionic attributes of a formulation.
Sodium chloride is widely used in a variety of pharmaceutical products to produce isotonic solutions. It is used in normal nasal saline sprays, in intravenous lock flush solutions, and in eye washes or solutions. Sodium chloride tablets are also available to replace salt lost through excess sweating to help prevent muscle cramps. Sodium chloride solution may also be used to dilute medications for nebulization and inhalation
According to the grade, the classification of Pharmaceutical Grade Sodium Chloride includes API-NaCl and HD-NaCl. And the proportion of l API-NaCl in 2017 is about 71%.
Pharmaceutical Grade Sodium Chloride is widely used for produce Injections, Hemodialysis, Oral Rehydration Salts, Osmotic Agent and Other. The most proportion of Pharmaceutical Grade Sodium Chloride is used for Injections, and the proportion in 2017 is about 39%.
Europe region is the largest supplier of Pharmaceutical Grade Sodium Chloride, with a production market share nearly 57% in 2017. North America is the second largest supplier of Pharmaceutical Grade Sodium Chloride, enjoying production market share nearly 17% in 2017.
Europe is the largest consumption place, with a consumption market share nearly 33% in 2017. Following Europe, North American is the second largest consumption place with the consumption market share of 33%.
The Global Pharmaceutical Grade Sodium Chloride Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.
As the report focuses on global Pharmaceutical Grade Sodium Chloride Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
K+S
Akzonobel
Cargill
Hebei Huachen
Swiss Saltworks
Sudsalz Gmbh
Tata Chemicals
Cheetham Salt
Salinen
Dominion Salt Ltd.
US Salt
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
API-NaCl
HD-NaCl
In Market segmentation by applications :
Injections
Hemodialysis
Oral Rehydration Salts
Osmotic Agent
Other
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Pharmaceutical Grade Sodium Chloride Market for the forecast period 2023 - 2030?
• What are the driving forces in the Pharmaceutical Grade Sodium Chloride Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Pharmaceutical Grade Sodium Chloride industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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