San Francisco, 24 December 2018, Imaging Chemicals Market Analysis, By
Product (Imaging agents & toners, Developers, Others), By Application
(Medical, Textile, Mining), By Region, And Segment Forecasts, 2018 - 2025.
The global imaging chemicals market is expected to reach USD
11.9 billion by 2025, according to a new report by Grand View Research, Inc.
Globally increasing application in medical diagnostics imaging has been a major
factor driving market growth. In addition, growing consciousness regarding the
advantages of organic pigments has also led towards increased demand globally.
The global market is benefitted
with rapidly advancing technologies coupled with rising demand from medical sector.
These high performance chemicals enhance the process of imaging by providing
clarity to it. These chemicals have gained utmost popularity across several
application segments. Medical applications dominate the overall application
areas owing to higher costs of treatment.
Imaging agents & toners
were the largest product category in 2016 and is expected to maintain a
comparatively slower growth rate over the forecast period. Developers was the
major imaging chemical consumed with a share of over 15% in 2016.
Mining applications are
expected to observe the fastest growth over the next eight years with an
estimated CAGR of around 6.8% from 2017 to 2025. It has been evident that
imaging chemicals are gaining adoption in mineral exploration activities across
mining industry, which is driving its market demand. In addition, increasing
usage of imaging chemicals in North America and Europe in mining is also
expected to boost its demand over the forecast period.
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Report On Bioactive Materials Market Analysis:
Further key findings from the report suggest:
·
The global imaging chemicals
market generated a revenue of USD 7,201.3 million in 2016 and is expected to
grow at a CAGR of 5.8% from 2017 to 2025
·
Medical emerged as the largest
application segment in 2016 and is estimated to generate considerable revenue
by 2025
·
Developers was the major
imaging chemical consumed with a share of over 15% in 2016. It is expected to
grow at a substantial growth rate over the forecast period
·
The industry in Asia Pacific is
projected to witness fastest growth over the next decade owing to rising demand
from India and China.
·
Key players including BASF, Dow
Chemical Company and Clariant Chemical Company
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Grand View Research At: www.grandviewresearch.com/industry/specialty-and-fine-chemicals
Grand View Research has segmented the
global imaging chemicals market on the basis of product, application and
region:
Product Outlook (Revenue, USD
Million, 2014 - 2025)
·
Imaging agents & toners
·
Developers
·
Others
Application Outlook (Revenue,
USD Million, 2014 - 2025)
·
Medical
·
Textile
·
Mining
·
Others
Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
Japan
·
Central & South America
o
Brazil
·
Middle East & Africa
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-imaging-chemicals-market
www.grandviewresearch.com/press-release/global-imaging-chemicals-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
