The World Market for Silver Nitrate (2018-2030) Featuring Strategic Analysis of American Elements, Avantor, GFS Chemical, Merck, ProChem, and Other Key Players [Yahoo! Finance]
Avantor, Inc. (AVTR)
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Source: Yahoo! Finance
The global silver nitrate market is expected to reach an estimated $4.9 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are increasing need for silver nitrate for cauterization, sclerosing, and wart removal, rise in the use of silver nitrate in photographic films and jewelry, as well as, increasing usage in the chemical industry as an intermediary and in the production of various compounds such as silver halides and silver oxides. The future of the global silver nitrate market looks promising with opportunities in the medical & pharmaceutical, chemical, glass, and textile markets. The study includes a forecast for the global silver nitrate by grade, application, end use, and region. Silver Nitrate Market Insights USP grade will remain the largest segment over the forecast period due to increased application as a cauterizing or sclerosing agent, as well as strong demand in medicines and biotechnology. North America will remain the lar
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