The global rivanol market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor that is expected to fuel the growth of the market during the forecast period includes its increasing applications across various industries such as pharmaceuticals, food & beverage, and others. North America would continue being the largest regional market during the forecast period from 2021-2028 followed by the Asia Pacific and Europe respectively. The other factor that boosts the market growth includes increasing demand for eco-friendly and sustainable products that also have high performance. The rapid growth in developing economies, such as India and China is driving the market growth. Moreover, companies with a large presence across countries may be able to tap into markets more easily than new entrants through an increased number of distribution channels available today (especially online), which in turn, is anticipated to accelerate the market growth during the forecast period.
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Rivanol is a liquid chemical that reacts explosively with hydrocarbons, sulfur, and other fuels. It can be used in the production of explosives or as an ingredient in rocket propellants. Rivanol is a chemical that can be used for various purposes. For instance, it can serve as an antiseptic and disinfectant in human skin wounds or treat lesions caused by bacteria such as staphylococcus (staph), streptococcus (strep), and pseudomonas aeruginosa. Moreover, there are some non-medical uses of the compound which include its use in cosmetics as it has anti-aging properties against wrinkles and other signs of aging on one’s face.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment covered-
- By Type
- By Application
Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape: ESCO-PHARM LLC, Chemax Pharma, and Dermapharm AG, among others.
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Global Rivanol Market Report by Segment
By Type
- Powder
- Solution
By Application
- Surgical
- Dermatological
- Gynecological
- Others
Global Rivanol Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
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