Arsenic Global Market Report 2024

The arsenic market size has grown steadily in recent years. It will grow from $2.85 billion in 2023 to $2.97 billion in 2024 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to various factors such as industrial processes and manufacturing, wood preservation, pesticides and herbicides, medicine and pharmaceuticals, and mining and ore processing.

The arsenic market size is expected to see steady growth in the next few years. It will grow to $3.36 billion in 2028 at a compound annual growth rate (CAGR) of 3.2%. The growth in the forecast period can be attributed to various factors including water treatment, semiconductor industry, research and development, solar cell manufacturing, and stringent environmental regulations. Major trends in the forecast period include the integration of arsenic mitigation into water infrastructure projects, ongoing research on the health impacts of chronic arsenic exposure, and technological solutions for addressing agricultural contamination.

The escalating utilization of arsenic within the glass industry is projected to significantly drive the growth of the arsenic market in the foreseeable future. Arsenic serves as a crucial fining agent in glassmaking processes, enhancing glass clarity and color. Notably, as reported by the International Energy Agency, the demand for arsenic is expected to double by 2040 compared to the base case in 2021. Presently, approximately 25% of the world's production is allocated to satisfy this rising demand in the glass industry. This upsurge in arsenic usage within glass manufacturing stands as a key driver propelling the growth of the arsenic market.

The burgeoning demand within the semiconductor industry is poised to be another pivotal factor bolstering the expansion of the arsenic market. The semiconductor sector, encompassing the development, production, and distribution of semiconductor devices such as integrated circuits, relies on arsenic for crafting semiconducting materials tailored to specific electrical characteristics crucial for diverse electronic applications. For instance, recent statistics from The Semiconductor Industry Association (SIA) highlighted semiconductor sales reaching $574.1 billion in 2022, marking a 3.3% increase from $555.9 billion in 2021. This burgeoning demand for arsenic within the semiconductor industry is a key driver stimulating the growth trajectory of the arsenic market.

Product innovation emerges as a notable trend gaining momentum within the arsenic market. Leading companies operating in this domain are directing their efforts towards developing novel arsenic-based products to fortify their market standing. An exemplar of this trend is Amneal Pharmaceuticals LLC's September 2021 introduction of arsenic trioxide injection. This injection showcases a unique capability to induce remission and consolidation in acute promyelocytic leukemia (APL) patients or those experiencing relapses, particularly in cases characterized by the presence of the t(15,17) translocation. Such innovative arsenic-based products underscore the commitment of market players towards advancing arsenic applications, thereby strengthening their position within the arsenic market landscape.

Leading companies within the arsenic market are actively engaged in innovating technological products, particularly focusing on the development of doping gas for silicon, to secure a competitive advantage. Doping gas for silicon entails deliberately introducing impurities into intrinsic semiconductors, manipulating their properties, particularly vital in semiconductor manufacturing. Notably, in March 2022, Membrapor AG, a Switzerland-based manufacturer specializing in electrochemical gas sensors, introduced AsH3/C-1 and AsH3/M-1. These products are extensively utilized in the semiconductor industry as doping gases for silicon, essential in various processes such as diffusion and ion implantation. Designed to ensure safety in procedures involving arsine, these sensors offer precision and reliability. Arsine, also recognized as AsH3, is monitored by the AsH3/M-1 sensor within a range of -0.03 ppm to 0.03 ppm in pure air at 20°C, catering to critical safety measures in semiconductor operations.

In October 2022, Bone Therapeutics, a Germany-based company specializing in bone cell therapy, successfully acquired Medsenic for $43 million (40 million euros). This strategic acquisition by Bone Therapeutics is expected to significantly enhance its allogeneic cell therapy-based product portfolio in orthopedics, expanding its medicinal solutions to address systemic autoimmune conditions such as cGvHD (chronic Graft versus Host Disease), lupus, and sclerosis. Medsenic, a Germany-based entity, is renowned for its development and manufacturing of an arsenic trioxide formulation. This acquisition represents Bone Therapeutics' commitment to broadening its therapeutic offerings, leveraging Medsenic's expertise in arsenic-based formulations to diversify and bolster its product portfolio targeting autoimmune illnesses and orthopedic applications.

Major companies operating in the arsenic market report are Chenzhou Chenxi Metals Co. Ltd., Xilan Chemicals Co. Ltd., Pallav Chemicals & Solvents Pvt. Ltd., Lonza Group AG, Recylex Group, Furukawa Co. Ltd., Amalgamet Canada LP, Yangzhou Zhongtianli New Material Co. Ltd., PPM Reinstmetalle Osterwieck GmbH, Emeishan Jiamei High Purity Material Co. Ltd., Noah Technologies Corporation, High Purity Material Co. Ltd., ProChem Inc., ALB Materials Inc., Mil-Spec Industries, Merck KGaA, Thermo Fisher Scientific Inc., GFS Chemicals Inc., Chemetall GmbH, Johnson Matthey plc, Aurubis AG, Umicore NV, Teck Resources Limited, Glencore plc, Boliden AB, Zijin Mining Group Co. Ltd., Polyus Gold International Limited, Kinross Gold Corporation, Newmont Corporation, Barrick Gold Corporation, Gold Fields Limited, Agnico Eagle Mines Limited, Yamana Gold Inc., Harmony Gold Mining Company Limited, Sibanye Stillwater Limited.

Asia-Pacific was the largest region in the arsenic market in 2023. The regions covered in the arsenic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the arsenic market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The main classifications of arsenic include organic arsenic, inorganic arsenic, and arsine gas. Organic arsenic pertains to substances with covalently bonded arsenic atoms, commonly used in the creation of fungicides, weed killers, and insecticides. Arsenic is available in various purities, including high-purity arsenic (5n5), 0.99 (6n), 0.985 (7n), and others. These forms find applications in diverse sectors such as agricultural timber and poles, building and fencing, utility poles, highways, and more.

The arsenic market research report is one of a series of new reports that provides arsenic market statistics, including arsenic industry global market size, regional shares, competitors with an arsenic market share, detailed arsenic market segments, market trends, and opportunities, and any further data you may need to thrive in the arsenic industry. This arsenic market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.