Market Synopsis

The global pharmaceutical grade sodium chloride market size was USD 350 million in 2022 and is expected to reach USD 591.32 million in 2032, and register a revenue CAGR of 6% during the forecast period. Rising demand for intravenous sodium chloride solutions in hospitals and clinics, the incidence of chronic diseases, and rising use of new manufacturing techniques in the pharmaceutical industry are major factors driving revenue growth of the market. In the creation of intravenous solutions for numerous medical uses, including hydration treatment, medication delivery, and Wound Care, pharmaceutical grade sodium chloride is frequently utilized as an excipient. The need for intravenous solutions has increased as a result of rising incidence of chronic diseases including cancer, Diabetes, and cardiovascular illnesses. This demand is in turn driving revenue growth of the pharmaceutical grade sodium chloride market.

Also, the pharmaceutical business is moving forward with the adoption of cutting-edge manufacturing techniques such as continuous manufacturing. Compared to conventional batch production, these procedures have several benefits, such as enhanced productivity, lower costs, and better product quality. The demand for this product is being driven by necessity of pharmaceutical grade sodium chloride in the continuous manufacturing processes used to produce intravenous solutions.

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Moreover, the need for pharmaceutical grade sodium chloride in wound care applications is being driven by rising demand for improved wound care solutions. Several wound care products use sodium chloride solutions to speed up wound healing and stop infections. The pharmaceutical industry's growing use of sterile manufacturing techniques also contributes to market revenue growth. To assure the quality and safety of the final product, sterile production methods involve the use of premium raw materials, such as pharmaceutical grade sodium chloride.

Also, the need for superior pharmaceutical grade sodium chloride is being driven by the increased emphasis on customized medicine and expansion of Contract Manufacturing Organizations (CMOs). The need for highly pure raw materials such as sodium chloride of the pharmaceutical grade is rising as CMOs outsource their manufacturing operations to specialist producers.

However, issues including the availability of substitute goods, fluctuating raw material prices, and strict regulatory standards governing manufacturing and use of pharmaceutical grade sodium chloride are expected to restrain market revenue growth.

Government Regulations:

  • The U.S. Food and Drug Administration (FDA) sets strict standards for the production and labeling of pharmaceutical grade sodium chloride products sold in the United States.
  • The FDA also requires that manufacturers submit detailed reports about their manufacturing processes, quality control procedures, and product testing before releasing them for sale in the United States.
  • The European Medicines Agency (EMA) sets safety standards for pharmaceutical grade sodium chloride products sold within Europe, including requirements for labeling, product composition, and manufacturing processes.

Key Takeaways

Product Type Outlook:

On the basis of product type, the global pharmaceutical grade sodium chloride market is segmented into oral grade, injectable grade, topical grade, and others. The oral grade segment is expected to account for largest revenue share during the forecast period. This is because oral pharmaceuticals such as tablets and capsules are increasingly in demand, and sodium chloride is used as a basic material in their manufacture. The need for oral pharmaceuticals has increased as a result of the rise in chronic diseases and the aging population, which is expected to increase sales of oral grade products.

The injectable grade segment is expected to register fastest revenue growth rate during the forecast period. This is a result of a rising need for sodium chloride in the manufacturing of injectable medicines including vaccinations and antibiotics. Pharmaceutical grade sodium chloride is a crucial raw material in the manufacture of injectable pharmaceuticals since they have greater standards for purity and safety.

The topical grade segment is expected to register a rapid revenue growth rate during the forecast period. This is because sodium chloride is increasingly needed to make topical treatments such as lotions, ointments, and gels. The widespread usage of topical treatments for the treatment of skin conditions and diseases is raising demand in the topical grade segment.

The others segment, which comprises products such as dialysis and inhalation therapy, is also expected to register a steady revenue growth rate during the forecast period. Demand is being driven by the widespread use of sodium chloride in inhalation therapy and dialysis solutions.

Application Outlook:

Based on application, the global pharmaceutical grade sodium chloride market is segmented into Oral Rehydration Salts, hemodialysis, infusion, and others. The infusion segment is expected to account for largest revenue share during the forecast period. This is because sodium chloride is increasingly needed to make infusion solutions for the treatment of a variety of medical illnesses. The need for infusion products is being driven by the widespread usage of sodium chloride-containing infusion solutions to treat electrolyte imbalances, hypovolemia, and dehydration.

The hemodialysis segment is expected to register a significantly fast revenue growth rate during the forecast period. Hemodialysis treatments, which are used to eliminate waste materials and extra fluid from the blood of patients with renal failure, must contain sodium chloride. Demand for hemodialysis products is being driven by an increase in patients who have renal failure, and this demand is expected to drive revenue growth of the hemodialysis segment.

The oral rehydration salts segment is expected to register a rapid revenue growth rate during the forecast period. Dehydration brought on by diarrhea, vomiting, and other medical disorders is prevented and treated using Oral Rehydration Salts (ORS). Oral rehydration salts are in high demand since sodium chloride is a crucial part of ORS.

The others segment, which comprises products such as animal feed, cell culture media, and laboratory reagents, is expected to register a steady revenue growth rate during the forecast period. Demand is being driven by the fact that sodium chloride is widely used in numerous laboratory and research applications.

Regional Outlook:

On the basis of regional analysis, the pharmaceutical grade sodium chloride market in Asia Pacific is expected to account for largest revenue share during the forecast period as a result of rising demand for medical supplies in developing countries including China and India. The pharmaceutical sector is expanding as a result of the burgeoning populations and rising prevalence of chronic diseases in these countries. Also, the region's demand for pharmaceutical grade sodium chloride is expected to increase as a result of rising government investments in healthcare infrastructure and an increase in the use of cutting-edge technology.

The North America market is expected to account for highest revenue growth rate during the forecast period. The market revenue growth is expanding in this region primarily due to the rising frequency of chronic diseases and rising elderly population. In addition, it is expected that the existence of significant pharmaceutical businesses and a high rate of adoption of new technologies will further drive market revenue growth. The region's strict regulatory environment for pharmaceutical items is also expected to increase demand for sodium chloride of the pharmaceutical grade.

The market in Europe is expected to account for a significantly large revenue share during the forecast period. Market revenue growth is expected to be driven by rising demand for parenteral formulations and Biologics in this region. It is also expected that the region's existing healthcare infrastructure and presence of significant pharmaceutical corporations will support market revenue growth.

The pharmaceutical grade sodium chloride market in South America, the Middle East, and Africa is expected to register a significantly fast revenue growth rate during the forecast period. Market revenue growth is expected to be driven by rising need for cheap healthcare products and rising investments in the region's healthcare infrastructure.

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Major Companies and Competitive Landscape:

The global pharmaceutical grade sodium chloride market is highly consolidated, with a few key players accounting for a significant share of the market revenue. Some of the major companies operating in the market are:

  • K+S AG
  • Akzo Nobel N.V.
  • CordenPharma International GmbH
  • Hubei Xingfa Chemicals Group Co., Ltd.
  • Hebei Huachen Pharmaceutical Co., Ltd.
  • Dominion Salt Ltd.
  • Salinen Austria AG
  • Sudsalz GmbH
  • Swiss Saltworks AG
  • Cheetham Salt Limited

Strategic Developments:

  • In 2021, CordenPharma International GmbH announced its plans to expand its peptide manufacturing facility in Switzerland. The expansion aims to enhance the company's position in the pharmaceutical grade sodium chloride market and strengthen its presence in the peptide market.
  • In 2020, Akzo Nobel N.V. signed a strategic agreement with Jilin Connell Chemical Industry Co., Ltd., to expand its salt production capacity in China. The expansion was aimed at meeting the growing demand for pharmaceutical-grade sodium chloride in the Asia Pacific region.
  • In 2019, K+S AG expanded its production capacity for pharmaceutical-grade sodium chloride in Germany. The expansion was aimed at catering to the increasing demand for pharmaceutical-grade sodium chloride from the European market.
  • In 2021, Hubei Xingfa Chemicals Group Co., Ltd. launched a new line of pharmaceutical-grade sodium chloride products that comply with international standards. The company's new product line includes various grades of sodium chloride, including sterile injection grade and hemodialysis grade.
  • In 2020, Dominion Salt Ltd. launched a new pharmaceutical-grade sodium chloride product called ‘PureDialysis.’ The product is specifically designed for use in dialysis solutions and meets international quality standards.
  • In 2019, Sudsalz GmbH launched a new line of high-quality pharmaceutical-grade sodium chloride products, including sterile injection grade and hemodialysis grade. The company's new product line is aimed at catering to the growing demand for high-quality pharmaceutical-grade sodium chloride products in the European market.

Segments Covered in Report:

This report offers historical data and forecasts revenue growth at a global, regional, and country level, and provides analysis of market trends in each of the sub-segments from 2019 to 2032. For the purpose of this report, Reports and Data has segmented the global pharmaceutical grade sodium chloride market based on product type, application, distribution channel, and region:

Product Type Outlook (Revenue, USD Billion; 2019-2032)

  • Oral Grade
  • Injectable Grade
  • Topical Grade
  • Others

Application Outlook (Revenue, USD Billion; 2019-2032)

  • Infusion
  • Hemodialysis
  • Oral Rehydration Salts
  • Others

Distribution Channel Outlook (Revenue, USD Billion; 2019-2032)

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

Regional Outlook (Revenue, USD Billion; 2019-2032)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Sweden
    • BENELUX
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Israel
    • Rest of MEA

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