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Methylene Blue Market will show exponential growth Via pharmaceutical sector

Author : Ronak Bora | Published Date : 2019-04-10 

Global Market Insights, Inc. Add New 2018-2024 Methylene Blue Market Report to its research database presenting an informative study covering the market with detailed analysis. The Global methylene blue market research report is a professional and in-depth study on the current state of global Industry.

Global Methylene Blue Market size is anticipated to witness a moderate growth rate in the forecast period. The aromatic compound is also recognized by various other names including urolene blue, vitablue, panatone and desmoid piller. Its growth is attributed to its multiple applications in diverse industries such as aquaculture, pharmaceutical, and chemical.

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Methylene blue has major application in chemical industry. It is used as a redox indicator in analytical chemistry. The compound is also blended in Fehling’s solution to reduce its sugar content and make it visible. It is also helpful in detecting the presence and absence of oxygen. It has applications in minor quantity in volumetric analysis and titrations. Chemical industry had registered a healthy growth in last decade owing to its usage in wide range of products such as agrochemicals, synthetic rubber, plastics, pharmaceutical products, paper and fabrics. Increasing usage of chemicals is projected to augment methylene blue market in the forecast period.

Methylene blue gets a characteristic blue color on mixing it with water from its natural green color. This characteristic color of the compound makes it suitable in medical applications to perform medical surgeries and tests, as this color of the compound covers bodily tissues and fluids making them easily visible.

On the basis of application, the market is segmented as redox indicator, preparation of Fehling’s solution, titrations, volumetric analysis, medical tests and surgeries, antiseptic, dye manufacturing, and identification of bacteria. Based on end-user industries, the market is classified into pharmaceutical, textile, biological, and chemical.

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Asia Pacific had contributed considerably in global methylene blue market in recent years. Textile industry, especially western fabrics had witnessed a considerable growth in India, China, Thailand, and Vietnam. Business friendly policies of government regarding foreign direct investments is attracting various industries in developing countries of the region. India has been a major consumer of agrochemicals owing to its agrarian economy that has boosted chemical industry in Asia Pacific. North America is recognized worldwide for its pharmaceutical industry.

Prominent manufacturers of methylene blue are Canada wide Scientific, Caledon Laboratories, Bio-Rad Laboratories, Alfa Aesar, ACP Chemicals, Chem Industries, A & C American Chemicals, COSMO Pharmaceuticals, MACSEN GROUP, Belami Laboratory & Fine Chemicals, Shreeji Pharma, DAIICHI SANKYO COMPANY, Sakshi Dyes and Chemicals and VANSHI CHEMICALS PVT.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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