DALLAS, May 1, 2015 /PRNewswire/ --
The report "Pharmaceutical Grade Sodium Chloride Market by Applications (injections, oral rehydration salt (ORS), hemodialysis, peritoneal dialysis, & hemofiltration solutions, channeling agents/ osmotic agent, mechanical cleansing solutions, dietary formulations and infant formulations), by Region - Industry Trends & Forecasts to 2019", published by MarketsandMarkets, The Pharmaceutical Grade Sodium Chloride Market is projected to grow at a CAGR of 12.9% to reach $295.35 Million by 2019.
Browse 72 market data Tables and 41 Figures spread through 119 Pages and in-depth TOC on "Pharmaceutical Grade Sodium Chloride Market".
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The global pharmaceutical grade sodium chloride market with analysis and forecasting of volume consumed and value generated. The pharmaceutical grade sodium chloride market, in terms of volume is projected to reach 690 KT by 2019, registering a CAGR of 6.9% during the forecast period.
The report also defines driving and restraining factors for the global pharmaceutical grade sodium chloride market with the analysis of trends, opportunities, burning issues, winning imperatives, and challenges. Some of the drivers include increased spending in healthcare sector in developed countries and the growing awareness in developing countries. The pharmaceutical grade sodium chloride market is experiencing faster growth rate, especially in Asia-Pacific, due to the increased demands of IV solutions and dialysis solutions in emerging markets.
The market is forecasted on the basis of major regions, such as North America, Europe, Asia-Pacific, and Rest of the World both by value and volume. The regional pharmaceutical grade sodium chloride market is further segmented on the basis of its major applications.
"North America: The Biggest Market of Pharmaceutical grade sodium chloride"
The North-America region was the world's largest market for pharmaceutical grade sodium chloride in terms of volume in 2013. United States was the key consumers of pharmaceutical grade sodium chloride in the North-America.
Various expansions and joint ventures in the pharmaceutical grade sodium chloride industry, growing demands from the injections, dialysis, and pharmaceutical formulations and will drive the pharmaceutical grade salt market. Abundant availability and demand have in turn made the North American region a potential growth market for pharmaceutical grade sodium chloride market.
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Expansion and joint ventures are the major growth strategies adopted by industry players. Most of the companies are engaged in expanding their existing facilities to abide increasing demands from various end-use applications.
The report forecasts value of the global pharmaceutical grade sodium chloride market and its various sub-markets with respect to main regions namely, Asia-Pacific, Europe, North America, and Rest of the World.
The report segments the global pharmaceutical grade sodium chloride market by its end-use applications in different regions.
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