Trientine Hydrochloride Market By Application (Epoxy Curing, Wilson’s Disease) - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 - 2023

Trientine hydrochloride is a liquid base polyamine which was first characterized by a German scientist named A.W. Holfmann in the year 1860-1862. He came across trientine hydrochloride when he was studying on his research topic amine chemistry in London at the Royal College of Chemistry. The British Pharmacopoeia Commission selected trientine in the year 1978 as the British approved name for pharmaceutical grade triethylenetetramine. The dihydrochloride salt of triethylenetetramine, in all countries except U.S. is named trientine dihydrochloride. The U.S. confusingly approved the name for the same product as trientine hydrochloride.

Trientine hydrochloride also known as trientine dihydrochloride is a white to pale yellow crystalline hygroscopic powder which is soluble in methanol, water but insoluble in ether and chloroform. It is known in the industry for its use as a chelating compound in removal of excess copper which accumulates in the human body. Based on applications, the global trientine hydrochloride market is segmented into epoxy curing and Wilson’s disease. Among these, Wilson’s disease accounted for major share of the market and is expected to increase in the near future. Trientine hydrochloride is widely used for the treatment of trientine hydrochloride and hence is expected to experience high demand from the global market. Epoxy curing is also expected to boost high growth of global trientine hydrochloride market in the near future.

Asia Pacific accounted as the largest market for trientine hydrochloride in 2015 and is anticipated to retain its position in the near future. Europe followed Asia Pacific in terms of demand and is expected to fuel demand for trientine hydrochloride in the near future. Other regions such as North America, Latin America and Middle East & Africa are also expected to boost high demand for trientine hydrochloride during the forecast period from 2016 to 2023.

Trientine hydrochloride market was valued at US$ 423.4 Mn in 2015 and is expected to reach US$ 752.9 Mn by 2023, growing at a CAGR of 7.5% during the forecast period 2016-2023.

Trientine Hydrochloride Market

Purpose of the Report

The purpose of this strategic research study titled “Global Trientine Hydrochloride Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global trientine hydrochloride market.

Target Audience

  • Industry Investors
  • Trientine hydrochloride Providers/Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Trientine hydrochloride Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” offers strategic insights into the global trientine hydrochloride market along with the market size and estimates for the duration 2016 to 2023. The said research study covers in-depth analysis of multiple market segments based on applications, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading trientine hydrochloride vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within trientine hydrochloride industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global trientine hydrochloride market, of growth, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above mentioned factors.

On the basis of its application, the trientine hydrochloride market is categorized into following segments:

  • Epoxy Curing
  • Wilson’s Disease

Trientine Hydrochloride Market

Trientine hydrochloride is a liquid based polymer which was first characterized by a German scientist named A.W. Holfman in the year 1860 – 1862. He came across trientine hydrochloride when he was studying on his research topic trientine hydrochloride in London at the Royal College of Chemistry. Trientine hydrochloride is an organic compound which is used for applications in the medical and chemical industry. Based on applications, trientine hydrochloride market is segmented into epoxy curing and Wilson’s disease. Among these, Wilson’s disease accounted for major share of global trientine hydrochloride market. In Wilson’s disease the liver fails to filter copper and hence, copper accumulates in the brain, liver, eyes and other organs of the body. Accumulation of cooper in these parts of the body can be fatal leading to damage of organs and may also lead to death. Trientine hydrochloride also known as trientine dihydrochloride is a white to pale yellow crystalline hygroscopic powder which is soluble in methanol, water but insoluble in ether and chloroform. It is known in the industry for its use as a chelating compound in removal of excess copper which accumulates in the human body. Hence, high demand is reported for trientine hydrochloride from the pharmaceutical industries worldwide. Epoxy curing is also anticipated to boost high demand for trientine hydrochloride during the forecast period from 2016 to 2023.

On the basis of geography, the global trientine hydrochloride market is segmented into following categories,

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa

Trientine Hydrochloride Market

Asia Pacific accounted for major share of global trientine hydrochloride market in 2015. It accounted for more than 47.0% share of global trientine hydrochloride market. The growing demand for trientine from the pharmaceutical industries in the region is one of the major factors driving the demand for global trientine hydrochloride market. China accounted as the largest country for growth of trientine hydrochloride market in Asia Pacific. Rising awareness regarding health among the population in the developing economies has promoted the growth of global trientine hydrochloride market. Hence, high demand is reported for trientine hydrochloride from Asia Pacific and is expected to increase during the forecast period. Europe accounted as the second largest market for trientine and is expected to boost high growth of global trientine hydrochloride market. Increasing healthcare industries in the region has led to high demand for pharmaceutical products in the region. Growing number of patients suffering from Wilson’s disease in the region is another factor boosting market demand for trientine hydrochloride as it is used in curing Wilson’s disease. Therefore, Europe is expected to boost high growth of global trientine hydrochloride market in the near future. Other regions such as North America, Latin America and Middle East & Africa are also expected to fuel high demand for trientine hydrochloride during the forecast period from 2016 to 2023.

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Published Date:  Sep 2016
Category:  Pharmaceuticals
Report ID:   58081
Report Format:   PDF
Pages:   120
Rating:    4.3 (65)
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