Global Pharma Grade Sodium Hydroxide Market Set to Reach USD 4.79 Billion by 2031, With a Sustainable CAGR Of 6.20% | Growth Market Reports - Seite 2

On the basis of region, the global market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The market in North America is expected to register a considerable CAGR during the forecast period owing to the significant demand for sodium hydroxide among research institutes in the region.

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Key Takeaways from the Study:

• Increasing research in pharma-grade sodium hydroxide to increase the application of it across various sectors can open up new pathways for the global market.
• The rapid growth in healthcare sector across the globe can be one of the major factors to increase the use of sodium hydroxide for different purposes.
• The increasing awareness among manufacturers regarding the benefits of using sodium hydroxide for common medicine manufacturing can boost the global market.
• It is widely used for common pain relievers like aspirin, anticoagulants that can help to prevent blood clots, to cholesterol-reducing medicines.
• The market in the Asia Pacific is expected to register a considerable CAGR during the forecast period as the demand for pharma grade sodium hydroxide is rapidly increasing with the booming pharmaceutical industry in the region.

Read 157 Pages Research Report with Detailed TOC on "Pharma Grade Sodium Hydroxide Market by Type (Liquid Sodium Hydroxide and Solid Sodium Hydroxide), Application (Pharmaceutical, Biotechnology, and Scientific Research), and Region (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast, 2023 – 2031"

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Key Segments Covered

Type

• Liquid Sodium Hydroxide
• Solid Sodium Hydroxide

Application

• Pharmaceutical
• Biotechnology
• Scientific Research

Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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