Magaldrate Market Outlook to 2022: Top Manufacturer Analysis, Industry Overview and Forecast Report
Global
Magaldrate Market is expected to
grow at a significant CAGR in the upcoming years as the scope, product types
and its applications are increasing across the globe. Magaldrate is a compound
formed out of aluminum and magnesium hydroxides, also termed as antacid.
Magaldrate is used to treat an upset stomach, hiatal hernia, digestive
disorders, duodenal and gastric ulcers, gastroesophageal reflux, esophagitis,
and ulcers. Furthermore, Magaldrate gets converted in gastric acid to Mg(OH)2
and Al(OH)3, which gets absorbed poorly and thus offers a constant antacid
effect
.
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The
factors that propel the growth of the Magaldrate Market include increasing
demand due to changing standard of living, increase in abdominal disorders,
sedentary lifestyle and awareness among people. Magaldrate Industry is
categorized based on product type, applications, and geography. Magaldrate
Market is categorized based on product types such as Powder, Suspension.
Magaldrate Market is categorized based on application into Gastric duodenal and
gastric ulcers and Esophagitis from gastroesophageal reflux.
Top Manufacturer Analysis Covered
in Magaldrate Market Report includes
•
Taurus Chemicals
•
Priti Industries
•
Nitika Chemical
•
KRISH CHEMICALS
•
Wellona Pharma
• SRL
Pharma
• PAR
DRUGS & CHEMICALS
•
Meha Chemicals
•
Vasundhara Rasayan Limited
•
Seagull Pharma Group
Segmentation on the basis of Product
Types,
•
Powder
•
Suspension
Segmentation on the basis of Applications,
•
Gastricduodenal and gastric ulcers
•
Esophagitis from gastroesophageal reflux
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Magaldrate
Market is categorized based on geography into Asia Pacific (China, India,
ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC
countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America
(Brazil, Rest of Latin America), Western Europe (Germany, Italy, France,
England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia,
Rest of Eastern Europe). North America has been at the forefront with regards
to Magaldrate Market and will continue to rule the roost in the years to come.
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