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Global Montelukast Sodium Market Insights, Forecast to 2025
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Montelukast sodium is a hygroscopic, optically active, and white to off-white powder. Montelukast sodium is freely soluble in ethanol, methanol, and water and practically insoluble in acetonitrile. It is administered orally for prophylaxis and chronic treatment of asthma, exercise-induced bronchoconstriction, and allergic rhinitis.
The major raw material for montelukast sodium is 7-chloroquinaldine, isophthalaldehyde, etc. On the global market, supply of raw materials is relatively full. Fluctuations in the price of the upstream product will impact on the production cost of montelukast sodium industry.
We tend to believe this industry is an emerging industry, and the consumption increasing degree will show a rapid growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
Global Montelukast Sodium market size will increase to 450 Million US$ by 2025, from 190 Million US$ in 2018, at a CAGR of 11.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Montelukast Sodium.
This report researches the worldwide Montelukast Sodium market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Montelukast Sodium breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Morepen Laboratories
Mylan
TAPI
MSN Laboratories
Ultratech India
Aurobindo Pharma
Hetero Labs
Unimark Remedies
Jubilant Cadista
Aamorb Pharmaceuticals
Sudarshan Groups
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Related Information:
North America Montelukast Sodium Market Growth 2019-2024
United States Montelukast Sodium Market Growth 2019-2024
Asia-Pacific Montelukast Sodium Market Growth 2019-2024
Europe Montelukast Sodium Market Growth 2019-2024
EMEA Montelukast Sodium Market Growth 2019-2024
Global Montelukast Sodium Market Growth 2019-2024
China Montelukast Sodium Market Growth 2019-2024
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