Quinoline Market size was valued at USD 354.28 Billion in 2023 and is expected to exceed USD 604.82 Billion by 2036, registering over 4.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of quinoline is assessed at USD 368.56 Billion.. The growth of the market is attributed to the rising usage of quinoline drug synthesis across the world. Quinoline-derivative drugs such as chloroquine, quinine, mefloquine, moxifloxacin, levofloxacin, gatifloxacin, and ofloxacin are used in the treatment of malaria and tuberculosis in the healthcare sector. Based on a study conducted by the Centers for Disease Control and Prevention (CDC) in 2021 with the CDC’s Tuberculosis Trails Consortium and the National Institutes of Health which is sponsored by AIDS Clinical Trails Group declared the results of a 4-month regimen from a randomized controlled trial. The 4-month regimen containing was found effective for the treatment of tuberculosis in patients above 12 years of age. The regimen comprises of with rifapentine, moxifloxacin, isoniazid, and pyrazinamide.
The increasing prevalence of malaria among people owing to a lack of proper awareness and a hygienic environment is estimated to propel quinoline market growth. The worldwide cases of malaria reached over 240 million in the year 2021 increased from 230 million in 2019 as per the estimations.
Growth Drivers
Challenges
Quinoline is released into the environment by industries owing to its vast applications in various end-user sectors. The presence of quinoline is harmful to the environment as it enters the air, water, soil, and atmosphere causing adverse effects. High exposure to quinoline leads to headache, nausea, dizziness, and vomiting and may damage the liver of humans. When released into the groundwater will affect the aquatic life. All these factors together account for the hindering of quinoline market growth.
|
Base Year |
2023 |
|
Forecast Year |
2024-2036 |
|
CAGR |
4.2% |
|
Base Year Market Size (2023) |
USD 354.28 Billion |
|
Forecast Year Market Size (2036) |
USD 604.82 Billion |
|
Regional Scope |
|
Type (Purity Upto 99%, Purity Above 99%) –
Purity Above 99% is the segment predicted to have a significant market demand in the coming years owing to the increasing application in the end-user industries. Quinoline with a purity above 99% is of high grade and can be used in the preparation of consumable goods. Further, the pharmaceutical and food industry prefers high-quality quinoline to qualify for the standards of government regulatory bodies which increases the use of 99% pure quinoline and thereby fuelling the market segment growth.
Application (Dyes, Metallurgical, Pharmaceutical, Pesticides, Cosmetics, Food Additives) –
The metallurgical segment is poised to surpass the quinoline market share during the forecast timeframe. Quinoline and its derivatives are used in the metallurgy process as catalysts and corrosion inhibitors and are estimated to drive the market segment growth. Utilization of quinoline as a catalyst helps to prevent further reduction of alkynes to alkanes in the reaction process. Quinoline is included in the lindlar catalysts that are used in the synthesis of vitamins A, and K.
Our in-depth analysis of the market includes the following segments:
|
Type |
Purity Upto 99% Purity Above 99% |
|
Application |
Dyes Metallurgical Pharmaceutical Pesticides Cosmetics Food Additives Others |
|
Synthesis |
Coal Tar Extraction Doebner Von Miller Synthesis Skraup Synthesis |
APAC Market Analysis
The quinoline market in the Asia Pacific region is predicted to secure a significant revenue share in the forecast period. The increasing pesticide consumption in the region with growing agricultural activities is projected to augment the market growth. Quinoline is the precursor for crop protection chemicals such as pesticide and herbicide manufacturing. Escalating usage of quinoline dyes in the leather industry owing to the increasing demand for leather products in the Asia Pacific region is driving the market expansion from 2023 to 2036.
North American Quinoline Market Statistics
North America registered the next highest market value after the Asia Pacific region owing to the high number of cosmetic users in the region. The population of the United States spends USD 240 to USD 300 on cosmetic chemicals each month. Increasing use of quinoline in the synthesis of nicotinic acid with the increase of niacin prescriptions in the U.S. Moreover, there has been surging use of quinoline is utilized as a precursor in cyanine dyes, and in the production of specialty chemicals in the region.
European Market Forecast
The quinoline market in the European region crossed a noteworthy market share between 2023-2036. Respiratory disorders in Europe are treated using quinoline and its derivatives such as levofloxacin, norfloxacin, moxifloxacin, and ciprofloxacin. Quinoline is the fastest-growing antibiotic class in the region which is stated to have a positive impact on market growth.
Author Credits: Rajrani Baghel
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