Paracetamol is an aminophenol derivative, which is also referred to as Acetaminophen. Paracetamol inhibits the nitric oxide (NO) pathway, which is further mediated by various neurotransmitter receptors including N-methyl-D-aspartate (NMDAJ). It helps in the regulation of body temperature.
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Paracetamol is produced by phenol. During the steam distillation process, ortho-dinitrotoluene is eliminated and, leaves the para-nitrotoluene for further processing. Hence, the para-nitrobenzene is reduced by the p-amino group, and further paracetamol is produced.
India is the leading exporter of Paracetamol whereas Vietnam is the top importer.
Key Details About the Paracetamol 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 the paracetamol price, fennel seed oil price and fructose price etc. 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 paracetamol price trend, 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 Paracetamol Price Trend:
Paracetamol is extensively employed as an antipyretic and analgesic drug and is used in various OTC cold and flu medications.
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Key Market Players:
- Abbott
- Janssen Pharmaceuticals
- Bristol-Myers Squibb and Company
- Cardinal Health Inc.
- Viatris
- Procter & Gamble Company
News and Events:
- April 2022: In April 2022, IOL Chemicals and Pharmaceuticals started the production of paracetamol for commercial usage with an installed capacity of 1800 MTPA and backward integration of para-amino phenol (PAP).
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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 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 chain, and industry trends, so that they can build strategies to achieve maximum growth.
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