1,4-Dioxane comes under a class of specialty chemicals with limited applications in the pharmaceutical and chemical industries. 1,4-Dioxane is extensively used to manufacture Active Pharmaceutical Ingredients (API), chemical intermediates, polymers, dyes, and adhesives. Its localized utilization in the formerly mentioned application is mainly driven by its properties such as inertness and high stability at greater pH values. In the past half decade, demand for 1,4-dioxane from the pharmaceutical industry has nearly doubled owing to the absence of alternatives for the product.
1,4-dioxane market concentration in pharmaceutical industry is set to provide a long-run thrust to the demand growth in long run forecast period. Key API manufacturers utilizing 1,4-Dioxane are Cadilla Pharmaceuticals, Alembic Pharmaceutics, Sanofi, Pfizer, Merck and bundle of other players positioned across the globe. Apart from its pharmaceutical applications, instances of 1,4-Dioxane utilization to manufacture chemical intermediates and cosmetics could be observed over the past half-decade.
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1,4-Dioxane Market: Regional Outlook
From a regional perspective, East Asia holds the majority of the market share owing to the positioning of a bundle of manufacturers of 1,4 – Dioxane and pharmaceutical ingredients manufacturers which favors economies of density. Moreover, economies of density provide maximum leverage to the consumers over stable prices and two-part tariffs over a long-run forecast period.
Followed by East Asia, South Asia & Oceania captures near a quarter of the global 1,4-Dioxane market owing to the presence of Bulk API manufacturers in the region. Of all the countries in South Asia & Oceania, India provides maximum thrust for the 1,4-Dioxane market.
1,4-Dioxane Market: Key Players
Global 1,4-Dioxane market is moderately fragmented in nature with presence of manufacturers dispersed across the globe. Majority of the manufacturers of 1,4-Dioxane are positioned in East Asia, especially China. Key players in market are focused towards collaborative approach to channel the product to the chemical and pharmaceutical manufacturers. Key players in global 1,4-Dioxane market are BASF, Taixingpharm, Senxuan Pharm, Tokyo Chemical Industries , Dr. Ehrenstorfer GmbH, Henan CoreyChem, CarboMer and others.
The research report presents a comprehensive assessment of the 1,4-Dioxane market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
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Segmentation analysis of 1,4-Dioxane Market:
The global 1,4-Dioxane market is bifurcated into four major segments: grade, application, end-use industry and region.
On the basis of grade, 1,4-Dioxane market has been segmented as follows:
- Industrial grade
- Pharmaceutical grade
- Technical grade
On the basis of application, 1,4-Dioxane market has been segmented as follows:
- Chemical Manufacturing
- API (Active Pharmaceutical Ingredients)
On the basis of End-use industry, 1,4-Dioxane market has been segmented as follows:
- Chemical Industry
- Personal Care & Cosmetics Industry
- Pharmaceutical Industry
On the basis of geographic regions, 1,4-Dioxane market is segmented as
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
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