Market Overview:
Paracetamol is one of the most popular and normally used analgesic and antipyretic drugs around the world available without a prescription. People who are suffering with bronchial asthma, peptic ulcer disease, hemophilia, salicylate-sensitized people and children under 12 years of age and to pregnant or breastfeeding women should not use non-steroidal drug. Paracetamol is recommended as a first-line treatment of pain connected with osteoarthritis. The mechanism of action is complex and consist of the effects of both the peripheral and central antinociception processes and iredoxi mechanism. and Paracetamol is well accepted drug also having some side effects from the gastrointestinal tract, despite that every year the market of paracetamol is steadily increasing number of registered cases of paracetamol-induced liver intoxication all over the world.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Mallinckrodt (United Kingdom), Anqiu Lu'an (China), Granules India Limited (India), Zhejiang Kangle (China), Farmson (India), Haihang Industry Co. Ltd. (China), Hebei Jiheng (China), Novacyl (France), Anhui BBCA Likang (China), Huzhou Konch Pharmaceutical Co., Ltd. (China), Changshu Huagang (China), Anhui Topsun (China) and Parchem Fine & Specialty Chemicals (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Paracetamol Market Study:
Mallinckrodt (United Kingdom), Anqiu Lu'an (China), Granules India Limited (India), Zhejiang Kangle (China), Farmson (India), Haihang Industry Co. Ltd. (China), Hebei Jiheng (China), Novacyl (France), Anhui BBCA Likang (China), Huzhou Konch Pharmaceutical Co., Ltd. (China), Changshu Huagang (China), Anhui Topsun (China) and Parchem Fine & Specialty Chemicals (United States)
Paracetamol Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Tablet Drug, Granules Drug, Oral Solution and Others |
Type | Tablets or Caplets, Capsules and Liquid |
Raw Material | Phenol,Monochlorobenzene,Maize Starch,Potassium Sorbate,Purified Talc,Stearic Acid,Others |
Form Type | Powder,Granules |
Influencing Trend:
Increasing number of patients suffering from cold, fever, swine flu, and arthritis and Rapidly increasing health care expenditure
Market Growth Drivers:
Increasing awareness of pain management solutions, Improvements in the downstream industries related pharmaceutical industry and Improvement in production techniques
Challenges:
Increasing awareness about the harmful effects due to extensive usage of analgesics
Restraints:
Rising focus on sustainable chemistry and Side effects of paracetamol such as allergic reaction, low blood pressure and blood disorders
Opportunities:
Availability of raw material at a low cost in the emerging economies
Some of the other players that are also part of study are Angene International Ltd (India), ATABAY (Turkey), Jinan Haohua Industry Co. Ltd. (China) and Kemcolour International (India). The Global Paracetamol market is gaining huge competition due to involvement of Chinese companies that constantly invest in research & development to meet market expectation with new innovation.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Paracetamol market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Paracetamol market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Suppliers of pharmaceutical drug component, Wholesalers, distributers and retailers of pharmaceutical drug and Pharmaceutical industry.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.