Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Pharmacopoeial Grade Methylene Blue Market by Type (Purity 99%, Purity 99.9%, Others), By Application (Pharmaceutical, Biological Staining, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Pharmacopoeial Grade Methylene Blue Market by Type (Purity 99%, Purity 99.9%, Others), By Application (Pharmaceutical, Biological Staining, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 146959 3300 Chemical & Material 377 246 Pages 4.7 (35)
                                          

Market Overview:


The global pharmacopoeial grade methylene blue market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for pharmaceutical and biological staining applications, and rising awareness about the benefits of pharmacopoeial grade methylene blue. In terms of type, the purity 99% segment is expected to hold a major share in the global pharmacopoeial grade methylene blue market during the forecast period. This can be attributed to its high purity and superior quality as compared to other types available in the market.


Global Pharmacopoeial Grade Methylene Blue Industry Outlook


Product Definition:


Pharmacopoeial Grade Methylene Blue is a blue dye that is used in various medical applications. It can be used as a stain for tissues and cells, as well as in diagnostic procedures. Pharmacopoeial Grade Methylene Blue is also sometimes used to treat conditions like malaria.


Purity 99%:


Purity 99% is a special type of methylene blue that has been used in the pharmaceutical industry as a universal solvent for nearly two centuries. It is prepared by the reaction of hydrochloric acid and nitric acid, which produces pure and concentrated product with almost no impurities. The preparation method currently uses an automated continuous process, which has high efficiency, low operating costs and minimal waste generation.


Purity 99.9%:


Purity 99.9% is a special type of grade methylene blue that has passed through several quality control tests and is approved by the American Pharmaceutical Association (APA) for use in pharmacopoeial grade Methylene Blue Market. Pharmacopoeia, which is the official body that defines drug standards and regulates their production, has established guidelines regarding purity levels for various raw materials used in pharmaceutical manufacturing processes.


Application Insights:


Pharmaceutical was the dominant application segment and accounted for a revenue share of around 60.0% in 2017. Methylene blue is used as an anticonvulsant, sedative, and dye-fixing agent in pharmaceutical formulations. The drug is available as oral tablets or capsules for the treatment of epilepsy, anxiety disorders (such as social anxiety disorder), depression (unipolar disorder), menopausal symptoms, urinary tract infections/UTIs among others.


The biological staining segment held a significant share owing to increasing demand from various industries including food & beverages and cosmetics among others which use methylene blue to stain samples such as blood vessels for microscopy analysis or tissue sections for histology studies.


Regional Analysis:


North America accounted for the largest share of over 40.0% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing use of methylene blue in various applications such as medical, pharmaceutical, and others. Moreover, presence of a large number of market players is also one among the key factors responsible for maintaining dominance in this region.


Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period due to rapid developments taking place at a domestic level coupled with increasing awareness regarding availability and usage rates associated with Pharmacopoeial Grade Methylene Blue (MB). For instance, India has been witnessing an increase in demand for methylene blue from various end-use industries such as healthcare & life sciences and others since past few years which further drives growth within Asia Pacific regional market space.


Growth Factors:


  • Increasing demand for pharmacopoeial grade methylene blue from various end-use industries such as pharmaceuticals, textiles, and dyes.
  • Growing awareness about the benefits of pharmacopoeial grade methylene blue among consumers is expected to fuel the market growth in the near future.
  • Rising investments by key players in research and development activities to develop new applications of pharmacopoeial grade methylene blue is another major factor anticipated to drive the market growth over the forecast period.
  • Increasing number of approvals for use of pharmacopoeial grade methylene blue in various countries is projected to create new opportunities for market expansion during the forecast period.

Scope Of The Report

Report Attributes

Report Details

Report Title

Pharmacopoeial Grade Methylene Blue Market Research Report

By Type

Purity 99%, Purity 99.9%, Others

By Application

Pharmaceutical, Biological Staining, Others

By Companies

Provepharm Life Solutions, BiTe Chemical, Shengda Chemical, Macsen Laboratories, Vanshi Chemicals

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

246

Number of Tables & Figures

173

Customization Available

Yes, the report can be customized as per your need.


Global Pharmacopoeial Grade Methylene Blue Market Report Segments:

The global Pharmacopoeial Grade Methylene Blue market is segmented on the basis of:

Types

Purity 99%, Purity 99.9%, 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

Pharmaceutical, Biological Staining, 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:

  1. Provepharm Life Solutions
  2. BiTe Chemical
  3. Shengda Chemical
  4. Macsen Laboratories
  5. Vanshi Chemicals

Global Pharmacopoeial Grade Methylene Blue Market Overview


Highlights of The Pharmacopoeial Grade Methylene Blue Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Purity 99%
    2. Purity 99.9%
    3. Others
  1. By Application:

    1. Pharmaceutical
    2. Biological Staining
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Pharmacopoeial Grade Methylene Blue 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

Global Pharmacopoeial Grade Methylene Blue Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Pharmacopoeial grade methylene blue is a highly purified and concentrated form of the drug. It is used to treat various medical conditions, including eye infections, pneumonia, and blood poisoning.

Some of the major players in the pharmacopoeial grade methylene blue market are Provepharm Life Solutions, BiTe Chemical, Shengda Chemical, Macsen Laboratories, Vanshi Chemicals.

The pharmacopoeial grade methylene blue market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Pharmacopoeial Grade Methylene Blue Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Pharmacopoeial Grade Methylene Blue Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Pharmacopoeial Grade Methylene Blue Market - Supply Chain
   4.5. Global Pharmacopoeial Grade Methylene Blue Market Forecast
      4.5.1. Pharmacopoeial Grade Methylene Blue Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Pharmacopoeial Grade Methylene Blue Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Pharmacopoeial Grade Methylene Blue Market Absolute $ Opportunity

5. Global Pharmacopoeial Grade Methylene Blue Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Type
      5.3.1. Purity 99%
      5.3.2. Purity 99.9%
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Pharmacopoeial Grade Methylene Blue Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Application
      6.3.1. Pharmaceutical
      6.3.2. Biological Staining
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Pharmacopoeial Grade Methylene Blue Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Pharmacopoeial Grade Methylene Blue Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Pharmacopoeial Grade Methylene Blue Demand Share Forecast, 2019-2026

9. North America Pharmacopoeial Grade Methylene Blue Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Application
      9.4.1. Pharmaceutical
      9.4.2. Biological Staining
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Type
      9.7.1. Purity 99%
      9.7.2. Purity 99.9%
      9.7.3. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Pharmacopoeial Grade Methylene Blue Demand Share Forecast, 2019-2026

10. Latin America Pharmacopoeial Grade Methylene Blue Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Application
      10.4.1. Pharmaceutical
      10.4.2. Biological Staining
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Type
      10.7.1. Purity 99%
      10.7.2. Purity 99.9%
      10.7.3. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Pharmacopoeial Grade Methylene Blue Demand Share Forecast, 2019-2026

11. Europe Pharmacopoeial Grade Methylene Blue Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Application
      11.4.1. Pharmaceutical
      11.4.2. Biological Staining
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Type
      11.7.1. Purity 99%
      11.7.2. Puriy 99.9%
      11.7.3. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Pharmacopoeial Grade Methylene Blue Demand Share, 2019-2026

12. Asia Pacific Pharmacopoeial Grade Methylene Blue Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Application
      12.4.1. Pharmaceutical
      12.4.2. Biological Staining
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Type
      12.7.1. Purity 99%
      12.7.2. Purity 99.9%
      12.7.3. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Pharmacopoeial Grade Methylene Blue Demand Share, 2019-2026

13. Middle East & Africa Pharmacopoeial Grade Methylene Blue Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Pharmacopoeial Grade Methylene Blue Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Application
      13.4.1. Pharmaceutical
      13.4.2. Biological Staining
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Pharmacopoeial Grade Methylene Blue Market Size and Volume Forecast by Type
      13.7.1. Purity 99%
      13.7.2. Purity 99.9%
      13.7.3. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Pharmacopoeial Grade Methylene Blue Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Pharmacopoeial Grade Methylene Blue Market: Market Share Analysis
   14.2. Pharmacopoeial Grade Methylene Blue Distributors and Customers
   14.3. Pharmacopoeial Grade Methylene Blue Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Provepharm Life Solutions
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. BiTe Chemical
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Shengda Chemical
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Macsen Laboratories
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Vanshi Chemicals
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. COMPANY6
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. COMPANY7
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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