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Driven by the increasing adoption of non-viral drug delivery technologies in the healthcare sector, we anticipate The global non-viral drug delivery systems market for healthcare to grow at an annualized rate of ~14%, till 2035
The global demand for biologics currently holds the largest share in the non-viral drug delivery domain and is expected to show the similar trend in the coming years.Further, the nanoparticle and extracellular vesicles emerged as the star as per the BCG matrix during our research. In recent years, efficient methods for facilitation of intracellular drug delivery have become a prominent need within the modern biopharmaceutical industry. It is also interesting to note that the polymer has a low growth rate but a higher market share. Hence, it is considered as the cash cow in the current time. The ongoing research for various types of technological modifications is expected to lead to the development of newer generation of non-viral drug delivery systems that are anticipated to hold a significant share in the future market.
Over the past few years, players engaged in the domain of non-viral drug delivery have signed various partnerships aiming in efficient intracellular delivery of drugs. During our research, we observed that majority of the partnership deals (42%) were technology licensing deals followed by technology evaluation agreement (20%). Additionally, intracellular drug delivery systems market has witnessed seven instances of acquisitions and mergers in the given time period. This trend reflects that companies are continuously striving to expand their existing service offerings.
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The global demand for biologics currently holds the largest share in the non-viral drug delivery domain. However, the demand for small molecule in the long term is anticipated to increase as the new advances the medical field would soon allow the intracellular delivery of drugs orally.
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About Roots Analysis
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly ****ytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights.
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Metastatic Cancer Treatment Market: A Look at the Key Applications and Technologies | #metastatic Cancer Treatment Market
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Wastewater Treatment Chemicals Market - Major Revenue Gain is Predicted by 2032
The Global Wastewater Treatment Chemicals Market is currently valued at US$ 32.4 Billion and is anticipated to expand at a CAGR of 3.6% to reach US$ 46.15 Billion by 2032-end. Rising focus on wastewater treatment to limit environmental degradation to drive market growth.
The demand for wastewater treatment chemicals is majorly concentrated in municipal and industrial end-use due to the several uses of wastewater treatment chemicals in petrochemical, oil & gas, mining & metals, food & beverage, pharmaceuticals, semiconductors, thermoelectric power plants, and other industries for treatment of water for various purposes including manufacturing operations, cooling & heating systems, consumption, and many more.
Stringent rules imposed by the government on industries for the treatment of water and rising demand for a continuous supply of fresh and treated water due to population growth are anticipated to drive the demand for wastewater treatment chemicals.
Key Takeaways from the Market Study
As of 2022, the wastewater treatment chemicals market was valued at US$ 32.4 Billion
From 2022 to 2032, the wastewater treatment chemicals industry is poised to grow at a 3.6% CAGR
By 2032, wastewater treatment chemicals are slated to reach a valuation of US$ 46.15 Billion
By product, the polyaluminum chloride (PAC) segment is expected to dominate the market.
China is poised to yield a CAGR of 2.5% with respect to wastewater treatment chemicals in 2032
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Competitive Landscape
BASF SE, Nalco-Ecolab, Kurita Water Industries Ltd., Ion Exchange, Thermax, Carus Corporation, Hydrite Chemical, SNF Floerger, Cinetica Quimica , Suez Water & Process Technologies and Buckman are some of the key companies in the wastewater treatment chemicals market.
Companies operating in the market have been focusing on innovations. There is an immense focus on offering more efficient solutions depending upon evolving needs of end users. The global wastewater treatment chemicals market is considered fairly fragmented due to the presence of a numerous players. Besides this, collaborations have been a key strategy among market players as they aim at expanding regional footprint as well as their product portfolio.
Key Segments Covered in the Wastewater Treatment Chemicals Market Industry Survey
by Product:
Aluminum Sulfate (Alum)
Polyaluminum Chloride (PAC)
Aluminum Chlorohydrate (ACH)
Sodium Aluminate
Ferric Chloride
Ferric Sulfate
Ferrous Sulfate
Ferrous Chloride
by Application:
Municipal
Sewage Treatment
Garbage Treatment
Industrial
Power Generation
Food & Beverages
Iron & Steel
Mining
Agrochemicals
Pulp & Paper
Oil & Gas
Pharmaceutical
Chemical
Others
“Stringent rules imposed by the government on industries for the treatment of water and rising demand for a continuous supply of fresh and treated water to the rising population, are expected to radically transform the wastewater treatment chemicals market in the coming years,” comments an ****yst at FMI.
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