The price of logistics increased by 34.9% in July 2022, disrupting the supply chain, while electricity prices increased by 15.5%, the highest level since February 2006. In addition, the number of US existing homes sold in July 2022 fell 5.95% to 4.85. million (seasonally adjusted annual rate), which was the lowest number since May 2020 and below the market forecast of 4.89 million. Residential sales fell for the sixth straight month as the mortgage rate peaked at 6.3%. The US economy continues to be heavily impacted by the global energy crisis, forcing people to spend less and save more.
The global clotrimazole market will reach US$1 billion by 2027.
Clotrimazole is an antifungal drug. It is used to treat skin infections caused by fungus. It is used to treat skin infections such as athlete’s foot, jock itch, ringworm, and yeast infections. The growth of dermatological and gynecological infections and the rise of the pharmaceutical sector are the main drivers for the growth of the clotrimazole market.
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According to the Global Action Fund for Fungal Infections (GAFFI), globally in 2020 more than 0.3 billion people have a serious fungal infection and 0.025 billion are at high risk of dying or to lose sight. Moreover, with the growing development of healthcare infrastructure, the adoption and demand for clotrimazole is expected to augment the market growth over the forecast period. However, clotrimazole side effects are hampering the market growth over the forecast period 2021-2027.
Key regions considered for the global Clotrimazole market study include Asia-Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region in the world in terms of market share due to the presence of prominent players. While Asia-Pacific is also expected to show the highest growth rate/CAGR during the forecast period 2021-2027. Factors such as increasing development in healthcare infrastructure and growth in pharmaceutical industry would create lucrative growth prospects for clotrimazole market in Asia Pacific region.
The major market players included in this report are:
The objective of the study is to define the market size of different segments and countries in recent years and to forecast the values to the next eight years. The report is designed to incorporate qualitative and quantitative aspects of the industry in each of the regions and countries involved in the study. Furthermore, the report also provides detailed information about the crucial aspects such as driving factors and challenges which will define the future growth of the market. Additionally, the report should also incorporate the opportunities available in the micro markets for stakeholders to invest in, along with the detailed analysis of the competitive landscape and product offerings of key players.
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The detailed segments and sub-segments of the market are explained below:
- North America
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- Asia Pacific
- South Korea
- Latin America
- Rest of the world
Main advantages of this market study:
- Sector Drivers, Constraints and Opportunities Covered in the Study
- Neutral outlook on market performance
- Recent industry trends and developments
- Competitive landscape and strategies of key players
- Potential and Niche Segments and Regions Showing Promising Growth Covered
- Historical, current and projected market size, in terms of value
- In-depth analysis of the Exterior Architectural Cladding market
- Overview of the Regional Outlook of the Exterior Architectural Cladding Market:
This report answers the following key questions:
- What is the size of the market as a whole in 2021? What rate of market expansion is expected between 2022 and 2030?
- Which region would experience strong demand for property in the coming years?
- What are the variables favoring the expansion of the market?
- Which sub-market will have the most impact on the market?
- What are the market opportunities for established and new players?
- What different short-term and long-term tactics have market participants adopted?
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