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 Prices, 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
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