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Sulfamethazine Price Chart, Historical and Forecast Analysis | Procurement Resource

By October 10, 2023No Comments

Sulfamethazine, a sulfa drug, is a broad-spectrum antimicrobial used to treat bacterial ailments like bronchitis and urinary tract infections. Its market performance in the first two quarters of 2023 was closely tied to India’s pharmaceutical industry. The Indian government’s support for importing various formulations aimed to bolster production and strengthen international supply chains, overcoming prior stagnation caused by COVID-19 restrictions.

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However, the prices of sulfamethazine rose due to the pharmaceutical sector’s reliance on expensive raw materials imported from neighboring countries, notably China. This booming sector, driven by imports, had a direct impact on sulfamethazine’s pricing dynamics during this period.

Definition

Sulfamethazine is a sulfonamide antimicrobial drug belonging to the sulfa drug family. It is commonly used in medicine to treat bacterial infections, such as bronchitis, prostatitis, and urinary tract infections, due to its broad-spectrum antibiotic properties. Sulfamethazine works by inhibiting the growth of bacteria by disrupting their folic acid synthesis. It is available in various formulations for oral and topical use. This compound is known for its efficacy against a wide range of bacterial pathogens and has been widely used in both human and veterinary medicine for its antibacterial properties.

Key Details About the Sulfamethazine Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Sulfamethazine in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Sulfamethazine Price chart, including India Sulfamethazine price, USA Sulfamethazine price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Sulfamethazine Price Trend:

Sulfamethazine, a member of the sulfa drug family, serves several industrial purposes. Primarily, it is employed in the pharmaceutical industry as an antimicrobial agent. Its broad-spectrum properties make it valuable for treating various bacterial infections, including bronchitis, prostatitis, and urinary tract infections. Additionally, sulfamethazine plays a role in veterinary medicine, where it aids in controlling bacterial infections in livestock and poultry. It is also used in aquaculture to maintain the health of aquatic species. Beyond medicine, sulfamethazine can be found in certain industrial processes as a chemical intermediate and in microbiology research as a selective medium component. Its antimicrobial properties make it an important tool in various industrial and scientific applications.

Key Players:

  • Sichuan Chengkang
  • XINHUA PHARM
  • Square Pharmaceuticals
  • Pfizer
  • ReYoung Pharmaceuticals

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.

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