Research Nester’s recent market research analysis on “Quinoline Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global quinoline market in terms of market segmentation by type, application, synthesis, and by region.
Growing Applications in the Pharmaceutical Industry to Reduce Malaria to Promote Global Market Share of Quinoline
The global quinoline market is estimated to grow majorly on account of the incidence of malaria across the world with increasing unhygienic habits and changes in the climate. The high humidity climates rise the chances of mosquitoes in the locality causing malaria among the people that drives the market growth. Also, the increasing pharmaceutical use of quinoline in the treatment of other diseases such as tuberculosis is expected to set market growth. The increasing number of people suffering from tuberculosis is driving the market growth of quinoline in the healthcare industry. Further, the applications of quinoline also include usage in antifungal, anticonvulsant, anthelmintic, anti-inflammatory, analgesic, and cardiotonic treatments that are projected to fuel the market growth till 2035.
The derivatives of quinoline including chloroquine, quinine, moxifloxacin, levofloxacin, ofloxacin and others have also been used as antibiotics to treat bacterial infections. The global malarial cases in 2021 reached more than 240 million growing from 230 million in 2019 owing to lack of awareness of people. Quinoline is also utilized in the making of dyes such as cyanine as it is precursor in the manufacturing which influences the market growth.
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Some of the major growth factors and challenges that are associated with the growth of the global quinoline market are:
Growth Drivers:
• Escalating application of quinoline food and beverages as an additive and coloring agent
• Growing demand for cosmetics and cosmetic vitamins
Challenges:
The rising concern for risks associated with side effects of quinoline to the human body and environment and the rising misuse and overuse of quinoline are some of the major factors anticipated to hamper the global market size of quinoline. The increasingly negative effects such as headache nausea, dizziness, and damage to the liver are estimated to hamper the market growth. Quinoline is also reported as a harmful carcinogen to humans causing cancer in some cases is hindering the growth of the market. The discharge of quinoline into the water sources is estimated to affect the water life which in turn affects the ecosystem and thereby inhibiting the market growth.
By indication, the global quinoline market is segmented into dyes, metallurgical, pharmaceuticals, pesticides, cosmetics, food additives, others. The metallurgical segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. Further, the pesticides segment is estimated to register a noteworthy market share between 2023-2035. Quinoline is included in the manufacturing of insecticides and pesticides for the protection of crops which drives the market segment growth. The derivatives of quinolines such as isoquinoline isoxazolines as developed for this purpose. Quinolines are the precursor for pesticide production and the rising use of pesticides with growing agricultural land is estimated to set a high market growth of the segment.
By region, the North American quinoline market is to generate a noteworthy revenue by the end of 2035. This growth is anticipated by a higher number of people suffering from malaria. Increasing usage of quinoline and its derivatives in the manufacturing of cosmetics is estimated to boost market growth. The synthesis of nicotinic acid and niacin also involves the usage of quinoline and the rising consumption of cigarettes and nicotinic acid products along with the high prescription rate of niacin in the region is poised to drive the market growth in the region.
This report also provides the existing competitive scenario of some of the key players of the global quinoline market which includes company profiling of Salvi Chemical Industries, Vijay Chemical Industries, Kao Corporation, Merck KGaA, Xiaoyi JinJing Chemical Co., Ltd, ABC Compounding Company, Ansteel, Steris PLC, Ecolab, Henkel, and others.
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https://www.researchnester.com/reports/quinoline-market/4995