Silver Nitrate Market size to increase by USD 3.45 billion between 2023 to 2028| ACS Chemicals, ALPHA CHEMIKA, Ames Goldsmith Corp., and more among key companies - Technavio

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- The Silver Nitrate Market size is expected to grow by USD 3.45 billion, accelerating at a CAGR of 5.36% during the forecast period, according to Technavio's market research analysis. Growing demand for silver nitrate in the healthcare sector is notably driving the silver nitrate market. However, factors such as the availability of substitutes for silver nitrate may impede market growth. We provide a detailed analysis of 20 companies operating in the silver nitrate market including ACS Chemicals, ALPHA CHEMIKA, Ames Goldsmith Corp., Celtic Chemicals Ltd., Central Drug House Pvt. Ltd., East India Chemicals International, Ennore India Chemical International, Fine Chemicals and Scientific Co., Green Vision Technical Services Pvt Ltd, INDIAN PLATINUM PVT LTD., Innova Corporate India, Marine Chemicals, Modison Metals Ltd., Otto Chemie Pvt. Ltd., Ralington Pharma LLP, RXChemicals, Sky Chem, Texchem Industries, Tung State, and Vizag Chemical International. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request Sample Reports

Silver Nitrate Market 2024-2028: Company Analysis

ACS Chemicals: The company offers silver nitrate such as silver nitrate Lr power under brand ACS chemicals.

This report provides a full list of key companies, their strategies, and latest developments. Buy the report now for detailed company information

Silver Nitrate Market 2024-2028: Segmentation

Grade Type

• Photographic grade
• Active pharmaceutical ingredient grade
• Analytical reagents grade

Application

• Photography and jewelry
• Medical and healthcare
• Glass coating
• Others

The photographic grade segment is anticipated for substantial expansion during the forecast period. Silver nitrate is used in numerous photographic applications, including film and paper processing, black-and-white photography, and medical imaging.

Geography

• North America
• APAC
• Europe
• South America
• Middle East and Africa)

North America is projected to make a substantial 33% contribution to the global market's expansion during the forecast period. Industries such as electronics, healthcare, and photography rely extensively on silver nitrate, which is a significant driver of market growth in this region. Furthermore, silver nitrate, known for its caustic and antiseptic properties, plays a vital role in the healthcare sector, particularly in dermatological applications and wound healing. The healthcare segment's growth is further driven by increasing hygiene awareness and a growing demand for advanced wound care solutions. Additionally, the electronics industry stands as a significant end-user of silver nitrate in North America. These factors collectively contribute to the market's expansion in North America during the forecast period.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report

Related Reports:

Global Sodium Nitrate Market: The sodium nitrate market is estimated to grow at a CAGR of 4.52% between 2022 and 2027. The size of the market is forecast to increase by USD 30.26 million.

Potassium Nitrate Market: The potassium nitrate market is estimated to grow at a CAGR of 3.76% and the size of the market is forecast to increase by 558.76 thousand tons between 2022 and 2027.

TOC:

1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Historic Market Sizes
5. Five Forces Analysis
6. Market Segmentation by Grade Type
7. Market Segmentation by Application
8. Market Segmentation by Geography
9. Customer Landscape
10. Geographic Landscape
11. Drivers, Challenges, & Trends
12. Company Landscape
13. Company Analysis
14. Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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