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Worldwide Mercury Industry to 2026 - Asia-Pacific to Dominate the Market - ResearchAndMarkets.com

·3 min read

The "Mercury Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The global mercury market report is expected to reach a CAGR of around 1% during the forecast period. The major factor driving the market studied is the demand for measuring and controlling devices.

Companies Mentioned

  • Aldrett Hermanos

  • Antares Chem Private Limited

  • Avantor Performance Materials

  • Bethlehem Apparatus Co., Inc.

  • China Jin Run Industrial Co.,Ltd

  • Mayasa

  • Merck KGaA

  • Powder Pack Chem

  • Special Metals

  • Tamilnadu Engineering Instruments.

  • Wake Group

Key Market Trends

Measuring and Controlling Devices to be the largest segment

  • Mercury is used in various devices such as thermometers, automotive parts, thermostat probes, barometers, vaccum guages, flame sensors, flowmeters, hydrometers, hygrometers/psychrometers, manometers, pyrometers, medical devices and more.

  • Mercury is used on a large scale in the sphygmomanometer for the measurement of blood pressure. Also, the measurement of blood pressure is important in the diagnosis and monitoring of a wide range of clinical conditions.Traditionally, blood pressure is measured non-invasively using sphygmomanometer. This is still recognised as, the 'gold standard' for the measurement of blood pressure.

  • However the environmental concerns regarding mercury have led to the imposition of bans in some European countries and the supply in the United Kingdom is now restricted to healthcare use.

Asia-Pacific to Dominate the Market

  • The Asia-Pacific region is the largest market for mercury. In the Asia-Pacific region, China and Kyrgyzstan are the major producers of mercury. In addition to it, China has the worlds largest mine production and reserves of mercury. Also, Mercury compounds were used as catalysts in the coal-based manufacture of vinyl chloride monomer in China.

  • Furthermore, the Artisanal Small-Scale Gold Mining (ASGM) has its extensive operation spanning over 55 countries across Asia, South America, and Africa. ASGM acts as a microeconomic source for these countries, however, there are adverse environmental and health impacts associated with ASGM.

  • In China the use of dental amalgams dates back to 1000 AD, today the dental amalgams consist of mercury and a metal alloy of silver, tin, and copper.

  • All the aforementioned factors, in turn, are expected to augment the consumption of mercury in the region.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Drivers

4.1.1 Demand from Measuring and Controlling Devices

4.1.2 Other Drivers

4.2 Restraints

4.2.1 Hazardous Properties of Mercury

4.2.2 Other Restraints

4.3 Industry Value Chain Analysis

4.4 Porter's Five Forces Analysis

4.4.5 Degree of Competition

4.5 Price Trends

4.6 Regulatory Policies

5 MARKET SEGMENTATION

5.1 Product Type

5.2 Application

5.3 Geography

5.3.1 Asia-Pacific

5.3.2 North America

5.3.3 Europe

5.3.4 South America

5.3.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/s1vgod

View source version on businesswire.com: https://www.businesswire.com/news/home/20210531005109/en/

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