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 2020 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 2021 to 2029.
Trientine hydrochloride market was valued at US$ 423.4 Mn in 2020 and is expected to reach US$ 752.9 Mn by 2029, growing at a CAGR of 7.5% during the forecast period 2021-2029.
Purpose of the Report
The purpose of this strategic research study titled “Global Trientine Hydrochloride Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2021 – 2029” 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
USP and Key Offerings
The report titled “Global Trientine hydrochloride Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2021 – 2029” offers strategic insights into the global trientine hydrochloride market along with the market size and estimates for the duration 2021 to 2029. 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:
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 2021 to 2029, keeping in mind the above mentioned factors.
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 2021 to 2029.
Asia Pacific accounted for major share of global trientine hydrochloride market in 2020. 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 2021 to 2029.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Trientine Hydrochloride market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
