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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.
The hazardous properties of mercury are likely to act as a restraint to the growth of the market. Owing to its hazardous nature many countries have banned mercury-containing batteries, thermometers, barometers, and blood pressure monitors, thus affecting the market studied.
Asia-Pacific is expected to dominate the global market with the majority of the demand coming from China and India.
Key Market Trends
Measuring and Controlling Devices to be the largest segment