According to the latest analysis from FMI, the global quinoline industry is projected to reach a valuation of USD 353.1 million by 2023. The market is expected to experience moderate growth, increasing by 3.5% annually to reach USD 498.1 million by the end of 2033, driven by rising demand across various application segments.
Quinoline, also known as Benzopyridine, Quinolin, and Leucoline, is a chemical compound with the molecular formula C9H7N, featuring a heterocyclic aromatic structure. This structure includes a double-ring formation composed of a benzene ring linked to a pyridine group. While quinoline has poor solubility in cold water, it dissolves readily in organic solvents and hot water.
Quinoline and its derivatives are used in various industries. For instance, quinine, an alkaloid extracted from plants, is primarily used in dye manufacturing. Additionally, hydroxyquinoline sulfate and niacin are derived from quinoline and serve multiple purposes.
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The significance of quinoline extends to the production of specialty chemicals and acts as a precursor to 8-hydroxyquinoline, essential in insecticides and as a versatile chelating agent. Moreover, quinoline’s methyl derivative is crucial as a precursor to cyanine dyes. Quinolinic acid, a byproduct of quinoline oxidation, serves as a precursor to herbicides.
Overall, the diverse applications of quinoline in various industries, along with its role in producing essential chemicals, underpin its market growth and continued relevance in the coming years.
Market Dynamics
- In the pharmaceutical sector, quinoline serves as a valuable ingredient in the production of malaria drugs. Various quinoline derivatives, such as amodiaquine, chloroquine, primaquine, and quinine, possess antibacterial properties and are integral in malaria treatment. Additionally, 8-quinolinol, a significant pharmaceutical compound, is synthesized using quinoline as a primary raw material. The escalating demand for these medications among malaria patients is fueling the need for quinoline.
Moreover, in the cosmetics industry, quinoline finds application in the synthesis of nicotinic acid and its derivatives, including vitamin B3 or niacin, as well as metal-chelating agents like 8-hydroxyquinoline sulfate. With the growing demand for these final chemical products, there is a projected increase in the demand for quinoline in the coming forecast period. - Quinoline, commonly found as an environmental pollutant in coal and oil processing facilities, poses health risks upon overexposure. Contact with quinoline may lead to adverse effects on the cornea, retina, and optic nerves, while inhaling its vapors could result in symptoms like dizziness, headaches, and nausea.
These health concerns may potentially hinder the growth of the quinoline market. Additionally, the increasing preference for bio-based dyes and additives as alternatives to quinoline could present challenges for the global market’s expansion in the foreseeable future.
Top Key Player
- Salvi Chemical Industries
- Xiaoyi JinJing Chemical Co., Ltd
- Shaedong Aoertong Chemical
- Steris PLC
- Diversey Inc.
- Kao Corporation
- KoelColours
- Spectra Colors
- Sigma Aldrich
- Ansteel
- ABC Compounding Company
- Clariant
- Ecolab
- Henkel
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Key Segments Profiled in the Quinoline Market
By Type
- Purity Upto 99%
- Purity Above 99%
By Application
- Dyes
- Metallurgical
- Pharmaceutical
- Pesticides
- Cosmetics
- Food Additive
- Others
By Region
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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