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Magaldrate Market-Global Industry Insights, Trends and Growth Opportunity Analysis to 2022

Global Magaldrate Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are rising.
Rajesh Sinha | 09.07.2018
© Rajesh Sinha
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 Key Players Analysis covered in Magaldrate Market Report

• 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 Applications,

• 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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