According to a market report by Lucintel, the future of the global bismuth market looks promising with opportunities in the pharmaceutical, automotive, electrical and electronic, and cosmetic markets. The global bismuth market is expected to grow with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are rising demand for non-toxic substances, expanding preference for bismuth based cosmetics and skincare products, and growing application of this substrate in nanotechnology and renewable energy sectors.
A more than 150–page report is developed to understand Trends,
opportunity and forecast in bismuth market to 2030 by derivative (bismuth
nitrate, bismuth oxide, bismuth oxychloride, bismuth subcarbonate, and others),
end use (pharmaceuticals, automotive, electrical and electronics, cosmetics,
and others), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
In this market, bismuth nitrate, bismuth oxide, bismuth oxychloride, and
bismuth subcarbonate are the major segments of bismuth market by derivative.
Lucintel forecasts that bismuth oxychloride is expected to witness highest
growth over the forecast period due to its diverse applications, such as
cosmetics, pharmaceuticals and catalysts.
Within this market, pharmaceutical is expected to witness highest growth
over the forecast period due to substantial usage of bismuth in this sector
given to its well-known gastroprotective qualitiesin addition to its
antimicrobial and anti-cancer qualities.
Download sample by clicking on bismuth market.
APAC will remain the largest region over the forecast period due to
growth in the number of pharmaceutical and cosmetic procedures in the region.
5N Plus, BASF, Fortune Mineral, Hunan Shizhuyuan Nonferrous Metals,
Industrias Peñole, Merck, Nui Phao Mining, Par Pharmaceutical, VIAVI Solutions,
and Xianyang Yuehua Bismuth are the major suppliers in the bismuth market.
This unique research report will enable you to make confident business
decisions in this globally competitive marketplace. For a detailed table of
contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth
through game
changer ideas and robust market & unmet
needs analysis. We are based in Dallas, TX and have
been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in
several publications like the Wall Street Journal, ZACKS, and the Financial
Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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