Product Code:461662
Published Date: Apr 26,2023
Pages: 105
Region: Global
Category: Chemical & Material
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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?