Chlorpheniramine Maleate Market Size to Hit US$924 Million by 2027 | Exhibit a CAGR of 4.4% (2022-2027)
Surging Application Of Chlorphenamine Is Projected To Drive The Growth Of Chlorpheniramine Maleate Market.
HYDERABAD, TELANGANA, INDIA, November 16, 2022 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that the Chlorpheniramine Maleate Market size is estimated to reach $924 million by 2027, growing at a CAGR of 4.4% during the forecast period 2022-2027. Chlorpheniramine Maleate is an antiallergic medicine utilized in the treatment of different allergic conditions. The extensive application of ‘sedating antihistamine’ or anti-allergic termed Chlorpheniramine Maleate tablet to treat symptoms of allergies like itching nose/throat, runny nose, sneezing, or red/itchy/watery eyes is set to drive the Chlorpheniramine Maleate Market. The report offers a complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.
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https://www.industryarc.com/Research/Chlorpheniramine-Maleate-Market-Research-502054
Key Takeaways:
This IndustryARC report on the Chlorpheniramine Maleate Market highlights the following areas -
1. Geographically, North America Chlorpheniramine Maleate Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the expanding predominance of allergic reactions requiring usage of antihistamines and the enormous count of people looking for treatment in the North American region.
2. Chlorpheniramine Maleate Market growth is being driven by the surging application of Chlorpheniramine maleate is an alkylamine antihistamine utilized in the treatment of allergic conditions like rhinitis and urticaria. However, the dearth of awareness and side effects of Chlorpheniramine are some of the major factors hampering the growth of the Chlorpheniramine Maleate Market.
3. Chlorpheniramine Maleate Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Chlorpheniramine Maleate Market report.
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Segmental Analysis:
Chlorpheniramine Maleate Market Segment Analysis – By Product: This growth is owing to the growing application of Chlorpheniramine Injection in the treatment of allergic conditions. Chlorpheniramine 10 mg/ml Solution for Injection is available. The surging application of Chlorpheniramine Injection in the treatment of acute urticaria and hay fever is further propelling the growth of the Injection segment.
Chlorpheniramine Maleate Market Segment Analysis – By Application: The Allergy Segment held the largest market share in 2021. This growth is owing to the surging application of Chlorpheniramine in the treatment of different allergic conditions. Chlorpheniramine performs by obstructing the activity of histamine and offers alleviation from symptoms like runny nose, sneezing, itching, skin rashes, and watery eyes.
Chlorpheniramine Maleate Market Segment Analysis – By Geography: North America (Chlorpheniramine Maleate Market) held the largest share with 37% of the overall market in 2021. The growth of this region is owing to the increasing predominance of allergic reactions in the region resulting in the greater application of Chlorpheniramine.
Competitive Landscape:
The top 5 players in the Chlorpheniramine Maleate industry are -
1. Astrazeneca Plc
2. Boc Sciences
3. Sanofi S.A.
4. Glaxosmithkline Plc
5. Cardinal Health, Inc.
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