Paraldehyde is a chemical compound used as a drug in medicine. It is a clear, colorless liquid with a distinct odor that is slightly soluble in water. The molecular formula for paraldehyde is C6H12O3, and it boils at 150°C and melts at 2°C. It is a colorless and potentially flammable liquid, and is odorous, having a sweet, musty odor. Paraldehyde is primarily used as an anti-seizure medication and has sedative-hypnotic properties.
Paraldehyde has been used for many decades and is available in Europe, Asia, and the United States. It is used to treat refractory epilepsy, episodes of delirium, and other seizure disorders. Paraldehyde is also used to treat alcohol withdrawal. At present, its use is decreasing in favor of safer medications, such as benzodiazepines. The World Health Organization (WHO) considers paraldehyde an unsafe drug and has listed it as one of the essential medicines needed in a health system.
The global Paraldehyde market was valued at US$ 138.3 million in 2022 and is anticipated to reach US$ 180.1 million by 2029, witnessing a CAGR of 3.8% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Paraldehyde Market available at: https://www.themarketreports.com/report/global-paraldehyde-market-research-report
This report aims to provide a comprehensive presentation of the global market for Paraldehyde, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Paraldehyde.
Global Paraldehyde key players include Lonza, Godavari, Nuote Chemical, Bojing Chemical, Zhaofeng Chemical, Segment by Type, Pharmaceutical Grade, Industrial Grade, etc. Global top one manufacturer hold a share over 90%.
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