The global Nitroglycerin API market was valued at US$ 22 million in 2019 and is expected to reach US$ 29 million by the end of 2026, growing at a CAGR of 4.1% during 2021-2026.
Nitroglycerin, also known as nitroglycerine, trinitroglycerin, nitro, glyceryl trinitrate, or 1,2,3-trinitroxypropane, is a dense, colorless, oily, explosive liquid most commonly produced by nitrating glycerol with white fuming nitric acid under conditions appropriate to the formation of the nitric acid ester. This report focuses on nitroglycerin active pharmaceutical ingredient which is mainly use for intravenous, nitroglycerin patch and sublingual spray.
Market competition is intense. Novasep, Copperhead chemical, Dipharma, Cambrex are the leaders of the industry, and they hold key technologies and patents, with high-end customers. Top 3 manufacturers accounted for about 65% market share in 2019.
Global Nitroglycerin API Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Nitroglycerin API Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Novasep, Copperhead chemical, Dipharma, Cambrex, Precise Group, Bondbay Pharma, Chemwill, Dorsa Pharmaceutical and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-nitroglycerin-api-market-research-report
Segment by Type
- 10% NG
- 5% NG
- 2% NG
The classification of Nitroglycerin API includes 10% NG, 5% NG and 2% NG. And the proportion of 2% NG in 2018 is about 45.6%, and the proportion is stable from 2015 to 2019.
Segment by Application
- Sublingual Spray
- Nitroglycerin Patch
The most proportion of Nitroglycerin API is used for Nitroglycerin Patch, and the sales proportion in 2018 is about 48%.
Table of Content:
1 Nitroglycerin API Market Overview
2 Nitroglycerin API Market Competition by Manufacturers
3 Nitroglycerin API Retrospective Market Scenario by Region
4 Global Nitroglycerin API Historic Market Analysis by Type
5 Global Nitroglycerin API Historic Market Analysis by Application
6 Key Companies Profiled
7 Nitroglycerin API Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Nitroglycerin API Market Dynamics
10 Global Nitroglycerin API Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.