What Has Been The Evolution of the Arsenic Market in Recent Years?
The arsenic market has seen considerable growth due to a variety of factors.
• The size of the arsenic market has experienced consistent growth over recent years. It is projected to expand from a valuation of $2.83 billion in 2024 to $2.92 billion in 2025, showcasing a compound annual growth rate (CAGR) of 3.4%. The surge in growth during the historic period can be associated with several factors including industrial processes and manufacturing, wood preservation, usage in pesticides and herbicides, and its application in medicine and pharmaceuticals, as well as mining and ore processing.
What Is the Forecasted Market Size and Growth Rate for The Arsenic Market?
The Arsenic market is expected to maintain its strong growth trajectory in upcoming years.
• The arsenic market is anticipated to experience consistent growth in the upcoming years, expanding to a size of $3.28 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 2.9%.
The growth factors during the projected period can be linked to water treatment procedures, semiconductor industry activities, research and development projects, solar cell production, and rigorous environmental laws. The significant trends during the forecasted period encompass the incorporation of arsenic mitigation processes into water infrastructure endeavors, research into the long-term health effects of arsenic exposure, and technological innovations for handling agricultural contamination.
What Factors Are Driving Growth In The Arsenic Market?
The escalation in the number of mobile networks is projected to propel the expansion of the arsenic market. Mobile networks encompass telecommunications infrastructures that facilitate wireless communication via mobile devices like smartphones and tablets. The rise in these networks is attributed to the increasing demand for connectivity, technological advancements, and the enlargement of mobile services in developing markets. Mobile networks are fundamental to contemporary communication as they enable connectivity and information accessibility at a global level. For example, a study by Ericsson, a telecommunications firm based in Sweden, predicts there will be over 5.3 billion 5G subscriptions worldwide by 2029, with the average monthly data usage per smartphone escalating from 21GB in 2023 to 56GB. Also, by 2029's end, 85% of the world's population is expected to have 5G coverage. Hence, the escalating number of mobile networks is fueling the expansion of the arsenic market.
What Are The Main Segments Of The Global Arsenic Market?
The arsenic market covered in this report is segmented –
1) By Type: Organic Arsenic, Inorganic Arsenic, Arsine Gas
2) By Purity: High Purity Arsenic (5N5), 0.99 (6N), 0.985 (7N), Other Purities
3) By Application: Agricultural Timber And Poles, Building And Fencing, Utility Poles, Highway, Other Applications
Subsegments:
1) By Organic Arsenic: Arsenic-Containing Pesticides, Arsenic-Based Pharmaceuticals
2) By Inorganic Arsenic: Arsenic Trioxide, Arsenic Pentoxide, Arsenic Sulfide
3) By Arsine Gas: Industrial-Grade Arsine, Research-Grade Arsine
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What Emerging Trends Are Influencing The Growth Of The Arsenic Market?
Predominant businesses in the arsenic market are strategizing partnerships to boost technology assimilation and broaden their market impact. These strategic collaborations involve two or more groups pooling their resources, skills, and endeavors to attain mutual targets. For example, Avnet India, a technology distributor based in India, joined forces with the Indian Institute of Science (IISc), a research institution also located in India, in April 2024. The primary aim of this partnership is to tackle the issue of arsenic pollution in groundwater, with the focus on creating eco-friendly, waste-free solutions for arsenic purification. Avnet India has supplied vital protective and experimental gear to the Sustainable Separation Solutions team at IISc, facilitating the researchers to carry out pioneering studies.
Who Are the Key Players In The Arsenic Market?
Major companies operating in the arsenic market include:
• Chenzhou Chenxi Metals Co. Ltd.
• Xilan Chemicals Co. Ltd.
• Pallav Chemicals & Solvents Pvt. Ltd.
• Lonza Group AG
• Recylex Group
• Furukawa Co. Ltd.
• Amalgamet Canada LP
• Yangzhou Zhongtianli New Material Co. Ltd.
• PPM Reinstmetalle Osterwieck GmbH
• Emeishan Jiamei High Purity Material Co. Ltd.
• Noah Technologies Corporation
• High Purity Material Co. Ltd.
• ProChem Inc.
• ALB Materials Inc.
• Mil-Spec Industries
• Merck KGaA
• Thermo Fisher Scientific Inc.
• GFS Chemicals Inc.
• Chemetall GmbH
• Johnson Matthey plc
• Aurubis AG
• Umicore NV
• Teck Resources Limited
• Glencore plc
• Boliden AB
• Zijin Mining Group Co. Ltd.
• Polyus Gold International Limited
• Kinross Gold Corporation
• Newmont Corporation
• Barrick Gold Corporation
• Gold Fields Limited
• Agnico Eagle Mines Limited
• Yamana Gold Inc.
• Harmony Gold Mining Company Limited
• Sibanye Stillwater Limited
What Is The Most Dominant Region In The Arsenic Market?
Asia-Pacific was the largest region in the arsenic market in 2024. The regions covered in the arsenic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
