Market Overview:
The global medical grade nitroguanidine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The high concentration segment is expected to dominate the market in terms of revenue share during the forecast period, followed by low concentration and others segments. Pharmaceuticals application segment is expected to be the largest contributor in terms of revenue share in the global medical grade nitroguanidine market during 2018-2030.
Product Definition:
Nitroguanidine is a white crystalline powder with a molecular weight of 101.09 and the chemical formula C3N6O2. It is soluble in water and alcohol, but insoluble in ether.
High Concentration:
High concentration is a colorless and highly soluble in water organic compound. It's molecular formula is C6H5N3, its structure consists of six carbon atoms, three hydrogen and nitrogen atom. High concentration can be prepared by treating guar gum with hydrochloric acid which gives a product called trichloroethylene dipropionate or chloroethylene propionate (CEP).
Low Concentration:
Low concentration nitroguanidine is a liquid form of guar gum, which is used as an additive in medical-grade nitroguanidine. It helps to increase the efficiency of the final product by enhancing its cutting power and reducing bleeding time. Low concentration nitroguanidine also reduces tissue irritation during injection and provides better patient comfort.
Application Insights:
The global medical-grade nitroguanidine market is segmented based on application into pharmaceuticals, pesticides, automotive airbags and others. The other applications include food additives and cosmetics. Pharmaceuticals were the largest application segment in 2015 owing to increasing demand for nitroguanidine-based medicines for various diseases such as cancer. Nitroguanylic acid has been used as an active ingredient in the manufacture of tablets, capsules & powders by several manufacturers worldwide including Pfizer Inc., Novartis AG., GlaxoSmithKline Plc., Roche Ltd., etc.
Nitrogen mustard compounds are widely used across multiple sectors such as agriculture (pesticides), textiles (fibers) and manufacturing (chemicals).
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017. The region is expected to maintain its dominance throughout the forecast period owing to increasing demand from end-use industries such as agrochemicals, pharmaceuticals, pesticides and automotive airbags. In addition, rising cases of chronic diseases are anticipated to boost product demand in North America due to increased safety and efficacy associated with GMG nitroguanidine products coupled with low toxicity compared to conventional counterparts.
Asia Pacific is projected to be one of the fastest growing regions during the forecast period owing high agricultural production especially in India & China along with rapidly expanding medical sector which will lead towards higher consumption levels over a projected time frame.
Growth Factors:
- Increasing demand for medical grade nitroguanidine in the pharmaceutical and biotechnology industries for the manufacture of drugs and other medical products.
- Growing awareness about the benefits of using medical grade nitroguanidine in various applications across different industries.
- Rising investments by key players in research and development to develop new applications for medical grade nitroguanidine.
- Technological advancements that have led to the development of better quality and more efficient medical grade nitroguanidine products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Grade Nitroguanidine Market Research Report
By Type
High Concentration, Low Concentration
By Application
Pharmaceuticals, Pesticides, Automotive Airbags, Others
By Companies
IPI, AlzChem AG, Tendenci, Sino-Agri United, Soochow, Gulang Changhai, Beilite Chemical, IPI
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Medical Grade Nitroguanidine Market Report Segments:
The global Medical Grade Nitroguanidine market is segmented on the basis of:
Types
High Concentration, Low Concentration
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
Pharmaceuticals, Pesticides, Automotive Airbags, 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:
- IPI
- AlzChem AG
- Tendenci
- Sino-Agri United
- Soochow
- Gulang Changhai
- Beilite Chemical
- IPI
Highlights of The Medical Grade Nitroguanidine 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:
- High Concentration
- Low Concentration
- By Application:
- Pharmaceuticals
- Pesticides
- Automotive Airbags
- 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 Medical Grade Nitroguanidine 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?
Nitroguanidine is a medication used to treat certain types of cancer. It is also used to prevent blood clots.
Some of the major players in the medical grade nitroguanidine market are IPI, AlzChem AG, Tendenci, Sino-Agri United, Soochow, Gulang Changhai, Beilite Chemical, IPI.
The medical grade nitroguanidine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Grade Nitroguanidine 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 Medical Grade Nitroguanidine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Grade Nitroguanidine 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 Medical Grade Nitroguanidine 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 Medical Grade Nitroguanidine Market Size & Forecast, 2018-2028
4.5.1 Medical Grade Nitroguanidine Market Size and Y-o-Y Growth
4.5.2 Medical Grade Nitroguanidine Market Absolute $ Opportunity
Chapter 5 Global Medical Grade Nitroguanidine 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 Medical Grade Nitroguanidine Market Size Forecast by Type
5.2.1 High Concentration
5.2.2 Low Concentration
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Grade Nitroguanidine 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 Medical Grade Nitroguanidine Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Pesticides
6.2.3 Automotive Airbags
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Grade Nitroguanidine 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 Medical Grade Nitroguanidine 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 Medical Grade Nitroguanidine Analysis and Forecast
9.1 Introduction
9.2 North America Medical Grade Nitroguanidine 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 Medical Grade Nitroguanidine Market Size Forecast by Type
9.6.1 High Concentration
9.6.2 Low Concentration
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 Medical Grade Nitroguanidine Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Pesticides
9.10.3 Automotive Airbags
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 Medical Grade Nitroguanidine Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Grade Nitroguanidine 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 Medical Grade Nitroguanidine Market Size Forecast by Type
10.6.1 High Concentration
10.6.2 Low Concentration
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 Medical Grade Nitroguanidine Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Pesticides
10.10.3 Automotive Airbags
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 Medical Grade Nitroguanidine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Grade Nitroguanidine 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 Medical Grade Nitroguanidine Market Size Forecast by Type
11.6.1 High Concentration
11.6.2 Low Concentration
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 Medical Grade Nitroguanidine Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Pesticides
11.10.3 Automotive Airbags
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 Medical Grade Nitroguanidine Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Grade Nitroguanidine 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 Medical Grade Nitroguanidine Market Size Forecast by Type
12.6.1 High Concentration
12.6.2 Low Concentration
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 Medical Grade Nitroguanidine Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Pesticides
12.10.3 Automotive Airbags
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) Medical Grade Nitroguanidine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Grade Nitroguanidine 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) Medical Grade Nitroguanidine Market Size Forecast by Type
13.6.1 High Concentration
13.6.2 Low Concentration
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) Medical Grade Nitroguanidine Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Pesticides
13.10.3 Automotive Airbags
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 Medical Grade Nitroguanidine Market: Competitive Dashboard
14.2 Global Medical Grade Nitroguanidine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IPI
14.3.2 AlzChem AG
14.3.3 Tendenci
14.3.4 Sino-Agri United
14.3.5 Soochow
14.3.6 Gulang Changhai
14.3.7 Beilite Chemical
14.3.8 IPI
