Growing biotechnology R&D activities in APAC Regions will Impact Positively on the Growth of Cupferron Market

Cupferron is the ammonium salt of N-nitroso-N-phenyl hydroxylamine. Cupferron is mainly used as an analytical reagent to separate vanadium, copper, and iron from other metals. It is used for the quantitative analysis of various metal elements like aluminum, zinc, copper, iron, niobium etc. Owing to its unique polymerization inhibition characteristics, it can be used as an alternative of widely used phenol polymerization inhibitor. Cupferron is also used in the colorimetric determination of the weight of different elements like thorium, aluminum, bismuth etc. Cupferron market is segmented by application and end-user.

The key players in the Cupferron Market are Richman Chemical Inc., Sigma-Aldrich Co. LLC., Simagchem Corporation, Hangzhou Meite Chemical Co., Ltd., Shanghai Yongzeng Chemical Company Limited, J&K Scientific Ltd, Meryer Chemical Technology Co Ltd,and Alfa Aesar, among others.

During the past few years i.e., from 2015 till date, there are a total of 168 patents filed under the cupferron category and the total number of granted patents are only 36. The United States of America has topped the countries’ list for filing 106 patents in the cupferron, which is followed by Australia with a total filed patents of 13. The year 2017 had the most number of filed patents, which is a total of 75 patents. From 2015, the patent filing activity had grown almost 7 times to 2017, which was a total of 11 patents in 2015 to 75 patents in 2017 under the cupferron category. Until now, this year 2018 has registered 48 patents which are expected to cross the number in 2017 in the months to follow.

Fujifilm Corporation, a company headquartered in Tokyo, Japan,has recorded a total of 33 patents in cupferronsince 2015. Out of these 33 patents, only 7 patents are granted. The patent filing activity in cupferron by Fujifilm Corporationhas increased since 2015 that was 2 in 2015 to 11 in 2017. Fujifilm Corporation has also documented patents onvinylbenzyltrialkyl ammonium salts, various hydroxyl amines, phenyl phosphonic acid, various phenyl compounds etc. The number of patent applications for cupferronhas increased from 2015 to 2017.There are already 10 registered patents by the Fujifilm Corporation in 2018 to date and from the above statistics, it is expected that Fujifilm Corporation will document more patents in the forecast period (2018-2023) than the previous years.

Konica Minolta Inc., a company headquartered inTokyo, Japan, has filed a total of 27 patents since 2015. Out of these 27 patents, 10 patents are granted. The patent filing activity in cupferron by Konica Minolta Inc. has increased prominently since 2015 that was 1 in 2015 to 11 in 2017. Konica Minolta Inc. has also documented patents on ammonium salts, hydroxyl amines, phenyl parazole complexes, octylphenyl, nonyl phenyl, various phenyl groups etc. The number of patent applications for cupferron has increased from 2015 to 2017. There are already 15 registered patents by the Konica Minolta Inc. in 2018 to date. So,it is obvious that the patent filing activity by the Konica Minolta Inc. will increase in the the forecast period (2018-2023) than the previous years. 

Agfa Graphics, a company headquartered in New Jersey, USA, has filed a total of 22 patents, since 2015. Out of these 22 patents, only 1 patent got granted. The patent filing activity in cupferron by Agfa Graphics has increased more than 5 times since 2015. The number has increased from 2patents in 2015 to 11 patents in 2017. Agfa Graphicshas also documented patents on ammonium acid salts, various ammonium salts, phenyl methacrylate, polyhydroxy phenyl, various hydroxyl amines etc. The number of patent applications for cupferron has increased from 2015 to 2017. There are only 3 registered patents by the Agfa Graphics in 2018 to date, so it is expected that the patent filing by this company may decrease in the forecast period (2018-2023)as compared to the previous years. 

Toyo Ink Mfg. Co. Ltd., a company headquartered inTokyo, Japan, has filed a total of 9 patents, since 2015. Out of these 9patents, 4 patents are granted. Toyo Ink Mfg. Co. Ltd. has also documented patents on alkyl amine salts, quaternary ammonium salts, phenyl benzotriazole, bi-tri-tetra phenyl compounds, 3-nitrophenyl, 4-methylthiophenylcompounds etc. The patent filing activity had become thrice in cupferron by Toyo Ink Mfg. Co. Ltd.since 2015 that was 2 in 2015 to 6 in 2017.The number of patent applications for cupferronhas increased from 2015 to 2017.There is only 1 registered patent by the Toyo Ink Mfg. Co. Ltd. in 2018 till date, so it is expected that the patent filing by this company may decrease in the forecast period (2018-2023)as compared to the previous years.

The global reagents industry has seen noteworthy development in recent years because of the development and innovative progressions in the application in fields of biotechnology and bioscience. The global reagents market is anticipated to reach $13.2 billion by 2023. As cupferron is a major reagent used to separate various metals, many advancements and innovations are yet to be done in this segment. This is relied upon to be the key driver in the increase of patent filing for the worldwide Cupferron Market. Another important factor in pushing the market is the progression of innovative work exercises in the fields of biotechnology, bioscience, and pharmaceutical industries. Among the end-users, research &academic institutions segment is relied upon to command the worldwide Cupferron Market amid the forecast period of 2018-23. All these all factors will definitely make the patent applications grow under the cupferron category. Hence, the significant players such asFujifilm Corporation, Konica Minolta Inc, Agfa Graphics and Toyo Ink Mfg. Co. Ltd.are expected to advance more in innovating and filing more patents in the light of new applications of Cupferron.

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