Insights and Prediction of Povidone Iodine (Pvp-I) Global Market Report (2019-2026)
The newly Povidone Iodine (Pvp-I) market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
Product Information
Povidone-iodine (PVP-I), also known as iodopovidone, is an antiseptic used for skin disinfection before and after surgery. It may be used both to disinfect the skin of the patient and the hands of the healthcare providers. It may also be used for minor wounds. It may be applied to the skin as a liquid or a powder.
On the basis of products, the various types include Medical grade PVP-I, Industrial grade PVP-I, and Other.
On the basis of application, the Povidone Iodine (Pvp-I) market is segmented into Skin Sterilization, Infection Prevention, Instrument Sterilization, Food Industry, Breeding Industry, and Other.
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Market Insights
According to a new research study, the Povidone Iodine (Pvp-I) market size is expected to reach USD 221 million by 2026 from USD 162 million in 2019, with a compound annual growth rate of 4.52% during the forecast period.
A high level of awareness of overall well-being is propelling the development of the healthcare market. The growth of an aging population may also drive the development of the healthcare market. In addition, there are strict government directives in Europe and North America, as well as the developed healthcare industry, which is expected to drive the use of povidone iodine. Accordingly, the increasing healthcare industry and growing awareness of health are likely to drive the demand for the povidone-iodine industry over the foremost period.
However, there are various substitute products available for povidone-iodine in the market. Chlorhexidine-alcohol is one of the major substitutes for povidone iodine. Consequently, the presence of substitute products may be a factor that may inhibit the growth of the povidone iodine market over the forecast period.
Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Regionally, North America is the global market leader at a share of 33.25%. Europe is currently leading Asia-Pacific with a share of 30.28% and 28.50%. North America is projected to remain dominant over the forecast period from 2014 to 2026 due to sizeable demand from the healthcare industry and nanomaterial sector. The U.S. generated the highest demand for Povidone Iodine.
Europe is the second largest region and is also estimated to witness significant development in the coming years. Stringent regulation in Europe regarding healthcare and hygiene are expected to drive the demand for povidone-iodine in the near future. European countries such as Germany and England were the major consumers of tri-isopropanol amine in this region.
Asia Pacific region is expected to grow at the fastest pace during the forecast period. Rising global population and the mounting base of geriatric persons has been either directly or indirectly helping the growth of the market.
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Competitive Players
The leading vendors in the market are BASF, Ashland, Thatcher, Quat Chem, and Glide Chem. Other prominent vendors in the market are Zen Chemicals, Adani Pharmachem, Boai NKY Pharmaceuticals, Nanhang Industrial, Sunflower, Zhongwei, Huaan Chemical, and others. The industry is highly competitive Due to the low technical barriers. In the past few years, many Indian companies have entered the industry. Since materials are cheaper than the rest of the world, the price of PVP-I is lower than in other countries. However, the Indian enterprises’ PVP-I production quality is not high.
Key questions answered in the report
l What will the market size and growth rate be in 2026?
l What segment or region will drive or lead the market growth and what are the reasons?
l How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
l What key strategies are used by top vendors to increase revenue?
Target Audience for this Report
l Povidone Iodine (Pvp-I) manufacturers
l Povidone Iodine (Pvp-I) importers and exporters
l Povidone Iodine (Pvp-I) traders, distributors, and suppliers
l Raw material suppliers of Povidone Iodine (Pvp-I)
l Povidone Iodine (Pvp-I) industry associations
l Product managers, Povidone Iodine (Pvp-I) industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Healthcare organizations
l Research & Clinical Laboratories
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Povidone Iodine (Pvp-I) Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Povidone Iodine (Pvp-I) Market by Types
4 Segmentation of Povidone Iodine (Pvp-I) Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Povidone Iodine (Pvp-I) Market in Major Countries
7 North America Povidone Iodine (Pvp-I) Landscape Analysis
8 Europe Povidone Iodine (Pvp-I) Landscape Analysis
9 Asia Pacific Povidone Iodine (Pvp-I) Landscape Analysis
10 Latin America, Middle East & Africa Povidone Iodine (Pvp-I) Landscape Analysis
11 Major Players Profile
11.1 BASF
11.1.1 BASF Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Ashland
11.3 Thatcher
11.4 Quat Chem
11.5 Glide Chem
11.6 Zen Chemicals
11.7 Adani Pharmachem
11.8 Boai NKY Pharmaceuticals
11.9 Nanhang Industrial
11.10 Sunflower
11.11 Zhongwei
11.12 Huaan Chemical
…
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