Global Nicotine Market Growth 2023-2029

Global Nicotine Market Growth 2023-2029

Nicotine(C10H14N2), with molecular weight of 162.24, specific gravity of 1.0097 and boiling point of 247℃(745 mmHg), is a colourless or slightly yellow oily liquid, which has rich hygroscopicity and is soluble in water, alcohols, ethers, chloroform and oils. The products must be packaged and stored under the protection of inert gas and light-avoiding environment, for nicotine is easy to become brown and oxidized in air or under light. Nicotine’s water solution is alkaline, which can form a salt with any kind of acid with 10.2 PH value of 0.05 mol.
LPI (LP Information)' newest research report, the “Nicotine Industry Forecast” looks at past sales and reviews total world Nicotine sales in 2022, providing a comprehensive analysis by region and market sector of projected Nicotine sales for 2023 through 2029. With Nicotine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nicotine industry.
This Insight Report provides a comprehensive analysis of the global Nicotine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Nicotine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Nicotine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nicotine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nicotine.
The global Nicotine market size is projected to grow from US$ 346.4 million in 2022 to US$ 651.3 million in 2029; it is expected to grow at a CAGR of 651.3 from 2023 to 2029.
Nicotine is classified into 95%, 99% and others. Among different types of products, 99% nicotine is widely used and more popular in global market, with more than 86% of consumption market.
There are several key players of global nicotine market, which are Contraf Nicotex Tobacco (CNT), Alchem, Shanxi Ganghua, etc. Contraf Nicotex Tobacco (CNT) led the market with over 22% of market share in 2019. The global top 3 manufactures of nicotine made over 32% of the market together.
This report presents a comprehensive overview, market shares, and growth opportunities of Nicotine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
95% Nicotine
99% Nicotine
Others
Segmentation by application
E-Liquid
Pharmaceutical Industry
Biopesticide
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Contraf Nicotex Tobacco (CNT)
Alchem
BGP Health Care
AmeriNic
Nicobrand
Chemnovatic
Shanxi Ganghua
Xi'an Yunzhi Biological Technology
Hubei Heno Bilogical Engineering

Key Questions Addressed in this Report
What is the 10-year outlook for the global Nicotine market?
What factors are driving Nicotine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Nicotine market opportunities vary by end market size?
How does Nicotine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.