What is PVP Iodine?
PVP Iodine is a blend of polyvinylpyrrolidone that is povidone, PVP and elemental iodine. It is also known as iodopovidone and povidone-iodine. It is used as an antiseptic medicine, which is extensively employed in topical applications to cure and treat skin infections and minor wounds. Additionally, it possesses excellent performance properties such as improved antimicrobial action on a wide range of microorganisms.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | BASF (Germany), Ashland (United States), Boai NKY (China), Thatcher (United States), Yuking (China), Glide Chem (India), Quat Chem (United Kingdom) and Adani Pharmachem (India) |
CAGR | 3.6% |
The study covers a detailed analysis segmented by key business segments i.e. by type (Medical Grade and Industrial Grade) , by application (Medical Use, Food Industry, Breed Industry and Other) and major geographies. Research Analyst at AMA predicts that United States, Chinese and India Players will contribute to the maximum growth of Global PVP Iodine market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this PVP Iodine market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are BASF (Germany), Ashland (United States), Boai NKY (China), Thatcher (United States), Yuking (China), Glide Chem (India), Quat Chem (United Kingdom) and Adani Pharmachem (India).
Market Overview:
On 19th January 2021, Ashland Global Holdings Inc. today announced that Ashland has signed a definitive agreement to acquire the personal care business from Schülke & Mayr GmbH, a portfolio company of the global investment organization EQT.
Special local regulations govern the placement of cemeteries, taking into account the local geology to avoid potential drinking water contamination. Groundwater layers used as a source of drinking water have much larger capturing sizes than the 500-1000 m assessed, are often in deeper groundwater horizons, and are rarely directly beneath a cemetery. At TMII12, it was confirmed that cemeteries can be considered isolated places under EU national regulations and that even when pore water concentrations exceed natural background levels, the risk can be ignored.
The global market for povidone-iodine is fragmented, with the top players accounting for a small share. Avrio Health L.P., BASF, 3M, Boai NKY Pharmaceuticals Ltd., Glide Chem Private Limited, R.N Laboratories Pvt. Ltd., LASA SUPERGENERICS LIMITED, and Samrat Pharmachem Limited are among the key industry players operating in the povidone iodine market. Market participants are implementing strategies such as new product launches, production capacity expansion, and mergers and acquisitions to increase market share, enhance product portfolios, and capitalize on market growth opportunities.
PVP Iodine Market Dynamics:
Attributes | Details |
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Growth Drivers | - Used extensively in skin sterilization products such as povidone-iodine surgical scrubs, povidone-iodine solutions, swab sticks, and skin cleansing
- Extensively used in the treatment of infections in wound, cuts, burns, ulcers and in diabetic wounds
- Increase in geriatric population
- Widely used in a range of applications in veterinary medicines
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Major Trends | - Rise in demand for pre and post-surgery sterilization products
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Restraints | - Stringent regulations by food and drug administration
- Threat of hospital-acquired infection
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Road Blocks / Challenges | - Availability of substitutes such as chlorhexidine alcohol and sodium hypochlorite
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Gaps & Opportunities | - Growing use of an application such as disinfectants and antiseptics
- Growth in disposable income of consumers
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Key highlights of the Global PVP Iodine market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the PVP Iodine market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global PVP Iodine market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of PVP Iodine Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global PVP Iodine market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in PVP Iodine market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.