Market Overview:
The global high purity nicotine market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for e-cigarettes and rising awareness about the health hazards of smoking. In addition, the growing use of high purity nicotine in pharmaceuticals and other applications is also contributing to the growth of this market. On the basis of type, 99% nicotine accounted for a major share of the global high purity nicotine market in 2017. This segment is expected to continue its dominance during the forecast period due to its superior quality and properties compared with other types of high purity nicotine.
Product Definition:
High purity nicotine is a term used to describe a product that contains a high percentage of the nicotine compound. This term is often used in the e-cigarette and vaping industry, as it is important to have a high level of nicotine in order to produce the desired effects.
99% Nicotine:
Nicotine is an alkaloid found in the leaves of tobacco and other plants. It gets converted into a toxic form when absorbed by the human body. The nicotine present in tobacco is about 1.1% to 3.8% by weight of dry leaf, depending on variety and growing conditions. Nicotine polacrilex gels are used for transdermal patch testing due to their rapid test onset time (30 seconds) as compared to other conventional solutions (5-15 minutes).
99.9% Nicotine:
99.9% is the maximum percentage of nicotine that can be added to a product without changing its flavor and it’s used in high purity nicotine market. It has no substitutes or alternatives in the market due to its unique properties such as less amount of moisture, less amount of water, more density, and higher heat stability than other types of tobacco products.
Application Insights:
The global market is segmented by application into e-liquid, pharmaceuticals, bio-pesticides, and others. The e-liquid segment dominated the overall industry in terms of revenue share at over 40% in 2017. This high share was attributed to the growing demand for nicotine derived from tobacco products in various electronic devices such as personal vaporizers and cigars.
High purity nicotine helps enhance the performance of electronic cigarettes providing a smooth draw with less throat hit and more satisfaction due to its low levels of impurities which are not found natural tobacco products. These factors are likely to drive product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing demand for e-cigarettes and other vaping devices among smokers. In addition, growing awareness regarding health benefits associated with these products is anticipated to propel regional growth over the forecast period.
Asia Pacific accounted for a revenue share of 23.1% in 2017 owing to high purity nicotine being used as an additive in pharmaceutical applications such as capsules and lozenges that are consumed by adults on a regular basis for treating ailments such as cough.
Growth Factors:
- Increasing demand for nicotine-based products from the tobacco and pharmaceutical industries is expected to drive the market growth.
- Growing awareness about the harmful effects of smoking is anticipated to fuel the demand for high purity nicotine in smokeless tobacco and other nicotine-based products.
- Rising disposable income of consumers coupled with changing lifestyle is projected to boost the market growth over the forecast period.
- Technological advancements in extraction and purification processes are likely to provide new opportunities for market players.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Nicotine Market Research Report
By Type
99% Nicotine, 99.9% Nicotine, Others
By Application
E-Liquid, Pharmaceuticals, Bio-pesticides, Others
By Companies
Contraf Nicotex Tobacco (CNT), Alchem, BGP Health Care, AmeriNic, Nicobrand, Chemnovatic, Shangxi Ganghua, Xi'an Yunzhi, Hubei Heno
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Nicotine Market Report Segments:
The global High Purity Nicotine market is segmented on the basis of:
Types
99% Nicotine, 99.9% Nicotine, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
E-Liquid, Pharmaceuticals, Bio-pesticides, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Contraf Nicotex Tobacco (CNT)
- Alchem
- BGP Health Care
- AmeriNic
- Nicobrand
- Chemnovatic
- Shangxi Ganghua
- Xi'an Yunzhi
- Hubei Heno
Highlights of The High Purity Nicotine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 99% Nicotine
- 99.9% Nicotine
- Others
- By Application:
- E-Liquid
- Pharmaceuticals
- Bio-pesticides
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Nicotine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Purity Nicotine is a type of nicotine that has been processed in a way that removes any impurities or contaminants. This means that High Purity Nicotine is the purest form of nicotine available, and it offers users the most consistent and accurate experience when vaping.
Some of the major players in the high purity nicotine market are Contraf Nicotex Tobacco (CNT), Alchem, BGP Health Care, AmeriNic, Nicobrand, Chemnovatic, Shangxi Ganghua, Xi'an Yunzhi, Hubei Heno.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Nicotine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Nicotine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Nicotine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Nicotine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Nicotine Market Size & Forecast, 2018-2028
4.5.1 High Purity Nicotine Market Size and Y-o-Y Growth
4.5.2 High Purity Nicotine Market Absolute $ Opportunity
Chapter 5 Global High Purity Nicotine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Nicotine Market Size Forecast by Type
5.2.1 99% Nicotine
5.2.2 99.9% Nicotine
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Nicotine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Nicotine Market Size Forecast by Applications
6.2.1 E-Liquid
6.2.2 Pharmaceuticals
6.2.3 Bio-pesticides
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Nicotine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Nicotine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Nicotine Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Nicotine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Nicotine Market Size Forecast by Type
9.6.1 99% Nicotine
9.6.2 99.9% Nicotine
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Nicotine Market Size Forecast by Applications
9.10.1 E-Liquid
9.10.2 Pharmaceuticals
9.10.3 Bio-pesticides
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Nicotine Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Nicotine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Nicotine Market Size Forecast by Type
10.6.1 99% Nicotine
10.6.2 99.9% Nicotine
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Nicotine Market Size Forecast by Applications
10.10.1 E-Liquid
10.10.2 Pharmaceuticals
10.10.3 Bio-pesticides
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Nicotine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Nicotine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Nicotine Market Size Forecast by Type
11.6.1 99% Nicotine
11.6.2 99.9% Nicotine
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Nicotine Market Size Forecast by Applications
11.10.1 E-Liquid
11.10.2 Pharmaceuticals
11.10.3 Bio-pesticides
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Nicotine Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Nicotine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Nicotine Market Size Forecast by Type
12.6.1 99% Nicotine
12.6.2 99.9% Nicotine
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Nicotine Market Size Forecast by Applications
12.10.1 E-Liquid
12.10.2 Pharmaceuticals
12.10.3 Bio-pesticides
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Nicotine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Nicotine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Nicotine Market Size Forecast by Type
13.6.1 99% Nicotine
13.6.2 99.9% Nicotine
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Nicotine Market Size Forecast by Applications
13.10.1 E-Liquid
13.10.2 Pharmaceuticals
13.10.3 Bio-pesticides
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Nicotine Market: Competitive Dashboard
14.2 Global High Purity Nicotine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Contraf Nicotex Tobacco (CNT)
14.3.2 Alchem
14.3.3 BGP Health Care
14.3.4 AmeriNic
14.3.5 Nicobrand
14.3.6 Chemnovatic
14.3.7 Shangxi Ganghua
14.3.8 Xi'an Yunzhi
14.3.9 Hubei Heno
