Market Overview:
The global PAP and Paracetamol market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of pain, rising geriatric population, and growing demand for over-the-counter (OTC) drugs. In terms of type, the powder segment is expected to dominate the global PAP and Paracetamol market during the forecast period owing to its high usage in tablet drug formulations. By application, the tablet drug segment is projected to account for a major share of the global PAP and Paracetamol market during 2018–2030.
Product Definition:
PAP is a medical acronym for Pulmonary Arterial Pressure. It is a measure of the pressure in the pulmonary artery, and is used to assess the severity of heart failure.
Paracetamol (acetaminophen) is a medication used to treat pain and fever. It is typically used for mild-to-moderate pain, but can also be effective for more severe pain.
Powder:
Powder is a fine, white crystalline powder and is used as an excipient in the manufacturing of PAP and paracetamol tablets. It has applications in various industries including pharmaceuticals, food & beverages, cosmetics & personal care. Powder form offers several advantages over liquid or solid forms such as ease of packaging, handling and high thermal stability leading to improved shelf life.
Granules:
Granules are the solid particles that are used in pharmaceutical formulations. They can be further divided into two types, namely, micro granules and nanoparticles. Micro granules have a particle size of less than one micron while nanoparticles have a particle size of 100000 nm or below.
Application Insights:
Powder drug application led the global market and accounted for more than 70.0% share of the total revenue in 2017. The product is widely used as an analgesic, antipyretic, anti-inflammatory agent and antidiabetic agent owing to its ability to reduce fever without causing drowsiness or sedation. It is also used for pain relief after surgery as well as during pregnancy due to its anti-inflammatory property.
The granules drug application segment is expected register the fastest CAGR over the forecast period owing to extensive usage of paracetamol in various diseases such as chickenpox, influenza infections, bronchitis, pneumonia and others caused due to colds or flu symptoms. Increasing incidences of chronic diseases such as cancer are anticipated to boost demand for paracetamol tablets & capsules over the forecast period driving growth of this segment further.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to maintain its position over the forecast period. The region is home to some of the largest markets for paracetamol, such as China and India. In addition, emerging economies in Southeast Asia are also estimated to witness strong growth during the same period owing to rising disposable income levels among consumers coupled with increasing healthcare expenditure by governments.
The growing geriatric population in Europe has resulted in an increased demand for painkillers among individuals aged 65 years and above. According to data published on WebMD LLC., approximately 20% of Europeans were suffering from chronic pain due to injuries or conditions like arthritis or osteoporosis that require long term treatment every year as of 2016; this number was estimated at 30% every year from 2015 till 2016.
Growth Factors:
- Increasing population and growing awareness about the benefits of PAP and Paracetamol are the key growth drivers for this market.
- Rising disposable income, coupled with increasing health consciousness among people is also propelling the demand for PAP and Paracetamol products.
- Rapid urbanization, coupled with changing lifestyle patterns is also fueling the growth of this market.
- Growing demand from emerging markets such as China, India, Brazil etc., is providing a major impetus to the growth of this market globally. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
PAP and Paracetamol Market Research Report
By Type
Powder, Granules
By Application
Tablet Drug, Granules Drug, Oral Solution, Others
By Companies
Mallinckrodt, Anqiu Lu'an, Granules India, Zhejiang Kangle, Farmson, Hebei Jiheng, Novacyl, Anhui BBCA Likang, Anhui Fubore, SKPL, Mallinckrodt, Huzhou Konch, Changshu Huagang, Anhui Topsun, Sino Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global PAP and Paracetamol Market Report Segments:
The global PAP and Paracetamol market is segmented on the basis of:
Types
Powder, Granules
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tablet Drug, Granules Drug, Oral Solution, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mallinckrodt
- Anqiu Lu'an
- Granules India
- Zhejiang Kangle
- Farmson
- Hebei Jiheng
- Novacyl
- Anhui BBCA Likang
- Anhui Fubore
- SKPL
- Mallinckrodt
- Huzhou Konch
- Changshu Huagang
- Anhui Topsun
- Sino Chemical
Highlights of The PAP and Paracetamol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Granules
- By Application:
- Tablet Drug
- Granules Drug
- Oral Solution
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PAP and Paracetamol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PAP is short for paracetamol and it is a medication used to relieve pain. Paracetamol is also known as acetaminophen.
Some of the major companies in the pap and paracetamol market are Mallinckrodt, Anqiu Lu'an, Granules India, Zhejiang Kangle, Farmson, Hebei Jiheng, Novacyl, Anhui BBCA Likang, Anhui Fubore, SKPL, Mallinckrodt, Huzhou Konch, Changshu Huagang, Anhui Topsun, Sino Chemical.
The pap and paracetamol market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PAP and Paracetamol Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 PAP and Paracetamol Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 PAP and Paracetamol Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the PAP and Paracetamol Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global PAP and Paracetamol Market Size & Forecast, 2020-2028 4.5.1 PAP and Paracetamol Market Size and Y-o-Y Growth 4.5.2 PAP and Paracetamol Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Powder
5.2.2 Granules
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Tablet Drug
6.2.2 Granules Drug
6.2.3 Oral Solution
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PAP and Paracetamol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PAP and Paracetamol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Powder
9.6.2 Granules
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Tablet Drug
9.10.2 Granules Drug
9.10.3 Oral Solution
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Powder
10.6.2 Granules
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Tablet Drug
10.10.2 Granules Drug
10.10.3 Oral Solution
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Powder
11.6.2 Granules
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Tablet Drug
11.10.2 Granules Drug
11.10.3 Oral Solution
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Powder
12.6.2 Granules
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Tablet Drug
12.10.2 Granules Drug
12.10.3 Oral Solution
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Powder
13.6.2 Granules
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Tablet Drug
13.10.2 Granules Drug
13.10.3 Oral Solution
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PAP and Paracetamol Market: Competitive Dashboard
14.2 Global PAP and Paracetamol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mallinckrodt
14.3.2 Anqiu Lu'an
14.3.3 Granules India
14.3.4 Zhejiang Kangle
14.3.5 Farmson
14.3.6 Hebei Jiheng
14.3.7 Novacyl
14.3.8 Anhui BBCA Likang
14.3.9 Anhui Fubore
14.3.10 SKPL
14.3.11 Mallinckrodt
14.3.12 Huzhou Konch
14.3.13 Changshu Huagang
14.3.14 Anhui Topsun
14.3.15 Sino Chemical