Global Nicotine Market Growth 2023-2029

Global Nicotine Market Growth 2023-2029

Product Code:461662

Published Date: Apr 26,2023

Pages: 105

Region: Global

Category: Chemical & Material

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

SELECT A FORMAT

ADD TO BASKET

BUY NOW

Provide comprehensive and accurate analysis and reports according to your exact requirements

Provide comprehensive and accurate analysis and reports according to your exact requirements

CONTACT US

The global Nicotine market size is projected to grow from US$ 502.6 million in 2022 to US$ 687.4 million in 2029; it is expected to grow at a CAGR of 4.6% from 2023 to 2029.

Nicotine is classified into 95%, 99, and other types, and 99% purity nicotine was more popular in the market, with a market share of 88%. In terms of its application, e-liquid is its top application area, accounting for 78% market share; followed by pharmaceutical industry and biopesticides.There are several key players in the global nicotine market, they are Contraf Nicotex Tobacco (CNT), Alchem, Hong Kong and China Biotechnology, etc. Contraf Nicotex Tobacco (CNT) holds the largest market share with 24%. The top three global nicotine producers together account for about 40% of the market. Global origins are mainly located in North America, Europe, China, Japan, India, etc., with Europe holding the largest market share with 45%.

Nicotine(C10H14N2), with molecular weight of 162.24, specific gravity of 1.0097 and boiling point of 247℃(745 mmHg), is a colourless or slightly yellow oily liquid, which has rich hygroscopicity and is soluble in water, alcohols, ethers, chloroform and oils. The products must be packaged and stored under the protection of inert gas and light-avoiding environment, for nicotine is easy to become brown and oxidized in air or under light. Nicotine’s water solution is alkaline, which can form a salt with any kind of acid with 10.2 PH value of 0.05 mol.

LPI (LP Information)' newest research report, the “Nicotine Industry Forecast” looks at past sales and reviews total world Nicotine sales in 2022, providing a comprehensive analysis by region and market sector of projected Nicotine sales for 2023 through 2029. With Nicotine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nicotine industry.

This Insight Report provides a comprehensive analysis of the global Nicotine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Nicotine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Nicotine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nicotine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nicotine.

This report presents a comprehensive overview, market shares, and growth opportunities of Nicotine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    95% Nicotine
    99% Nicotine
    Others

Segmentation by application
    E-Liquid
    Pharmaceutical Industry
    Biopesticide
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Contraf Nicotex Tobacco (CNT)
    Alchem
    BGP Health Care
    AmeriNic
    Nicobrand
    Chemnovatic
    Golden Leaf
    Shanxi Ganghua
    Xi'an Yunzhi Biological
    Hubei Heno Bilogical
    Porton Pharma Solutions

Key Questions Addressed in this Report
What is the 10-year outlook for the global Nicotine market?
What factors are driving Nicotine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Nicotine market opportunities vary by end market size?
How does Nicotine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?