Los Angeles, CA -- (SBWire) -- 04/12/2019 --Metformin Hydrochloride is the raw material of finished product metformin hydrochloride drugs. That is the API metformin hydrochloride. Metformin Hydrochloride finished product is an oral antihyperglycemic drug used in the management of type 2-diabetes. Metformin hydrochloride (N, N-dimethylimidodicarbonimidic diamide hydrochloride) is not chemically or pharmacologically related to any other classes of oral antihyperglycemic agents.

Metformin Hydrochloride is the raw material of finished product metformin hydrochloride drugs. Metformin Hydrochloride finished product is an oral antihyperglycemic drug used in the management of type 2-diabetes. With the accelerated pace of life and increasing aging population, global morbidity and mortality of diabetes disease increased year by year. Metformin hydrochloride is an efficient solution to the diseases. With increasing downstream demand, global Metformin hydrochloride API production also increased from 20267 MT in 2011 to 30374 MT in 2015, with CAGR of 10.64%.

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Raw materials of Metformin hydrochloride are mainly hydrochloric acid and dimethylamine etc. The raw materials are common and the price is relative steady in the past few years. For the API product, there are many manufacturers in China, such as Shouguang Fukang Pharmaceutical, CR Double-Crane, Keyuan Pharmaceutical and Shijiazhuang Polee Pharmaceutical. Shouguang Fukang Pharmaceutical is also a global leader in this industry. In 2015, Metformin hydrochloride production value of Shouguang Fukang Pharmaceutical was about 18.0 Million USD.

The global Metformin Hydrochloride market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.

This report studies the Metformin Hydrochloride market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Metformin Hydrochloride in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Bristol-Mayers Squibb

Shouguang Fukang Pharmaceutical

Harman Finochem

Vistin Pharma

CR Double-Crane

Keyuan Pharmaceutical

FARMHISPANIA GROUP

Shijiazhuang Polee Pharmaceutical

Merck Sante

Aarti Drugs

TEVA

Taj API

Wanbury

By the product type, the market is primarily split into

Metformin HCL

Metformin DC

Others

By the end users/application, this report covers the following segments

Metformin Hydrochloride Tablets

Metformin Hydrochloride Extended-Release Tablets

Others form

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