Methylene blue was originally synthesized in 1876 as an aniline-based dye for the textile industry, but scientists such as Robert Koch and Paul Ehrlich were quick to realize its potential for use in microscopy stains. The observation of selective staining and inactivation of microbial species led to the testing of aniline-based dyes against tropical diseases. Methylene blue was the first such compound to be administered to humans, and was shown to be effective in the treatment of malaria. Methylene blue was also the first synthetic compound ever used as an antiseptic in clinical therapy, and the first antiseptic dye to be used therapeutically.
In 2016, the global Methylene Blue consumption market is led by Europe and Europe is the largest region consumption market, accounting for about 30.00% of global consumption of Methylene Blue.
Methylene Blue downstream is wide and recently Methylene Blue has acquired increasing significance in various fields of Aquaculture, Pharmaceutical, Biological Staining and others. Globally, the Methylene Blue market is mainly driven by growing demand for Aquaculture and Pharmaceutical. Aquaculture and Pharmaceutical accounts for nearly 62.54% of total downstream consumption of Methylene Blue in global.
Methylene Blue can be mainly divided into 98.5%-99%, >99% and other which 98.5%-99% captures about 84.56% of Methylene Blue market in 2016. According to our research and analysis, manufacturers from China are the major leaders in the international market of Methylene Blue.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Methylene Blue consumption will show a trend of steady growth. In 2023 the consumption value of Methylene Blue is estimated to be 8.29 million USD. On product prices, the slow downward trend in recent years will maintain in the future.
Methylene Blue is still in its early development stage, there is huge development space and market to explore. Investing in this industry is feasible and wise choice.
The report offers detailed coverage of Methylene Blue industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Methylene Blue by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Methylene Blue market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Methylene Blue market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
BiTe Chemical
Eastman
Macsen Laboratories
Vanshi Chemicals
At the same time, we classify Methylene Blue according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
98.5%-99%
>99%
Market by Application
Aquaculture
Pharmaceutical
Biological Staining
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Methylene Blue market for the forecast period 2021 - 2025?
• What are the driving forces in the Methylene Blue market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Methylene Blue industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?