The Excipients
Market report discusses the
primary market growth drivers and challenges that the vendors and the market as
a whole face and provides an overview of the key trends emerging in the market.
This study also shows about the industry size of different segments and their
growth aspects along with key leading countries in Americas, Asia-Pacific,
Europe, the Middle East, and Africa regions.
The global Excipients Market is estimated to reach US$ 6.9 billion by
2025 and is anticipated to grow with a CAGR of 6.02% throughout the forecast
period. An excipient is an active ingredient of medication for long-term
stabilization and for bulking up solid formulations. Also, exclusively used in
the manufacturing process for handling the active substance like facilitating
powder flowability.
The factors that are playing a major role in the growth of excipients
industry are the rising reach of generic medicines, the high demand for newer
excipients, the developing generics market, and the rising demand from
end-users. However, the rising regulatory stringency and the high cost &
time-consuming process may restrain the overall market in the years to come.
Excipients market is segmented based on product type, formulation, and region.
Download Free Sample Report Now @ https://www.millioninsights.com/industry-reports/excipients-market/request-sample
Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Excipients Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Excipients Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
Gelatin, polymers, minerals, alcohols, and sugars are the product types
that could be explored in excipients industry in the forecast period. Polymers
sector comprises acrylic polymers, MCC, polyethylene glycol, HPMC, sodium
starch glycolate, ethyl cellulose, and others. Minerals sector comprises
titanium dioxide, calcium phosphate, silicon dioxide, calcium carbonate, and
others. Whereas, alcohols sector comprises mannitol, glycerin, sorbitol, propylene
glycol, and others. Sugars sector comprises sucrose and lactose.
Polymers sector accounted for the substantial share of excipients market
in terms of volume and revenues and is estimated to lead the overall market in
the years to come. The reason behind the overall market growth could be the
high demand from pharma sector and its rising use in several dosage forms like
tablets, suspensions, and capsules. In addition, sugars sector is estimated to
grow at the fastest pace in the years to come.
Based on the formulation, parenteral, oral, topical, capsules
formulations, and others could be explored in excipients industry in the
forecast period. The oral route of administration accounted for the substantial
market share of excipients and is estimated to continue its dominance in the
years to come. This may be because it is a traditional and common way for drug
delivery.
Globally, Europe accounted for the substantial share of excipients
market and is estimated to lead the overall market in the years to come. The
reason behind the overall market growth could be the rising demand for
pharmaceuticals and the presence of European medicines agency scientific
guidelines on excipients.
North America and the Asia Pacific are also estimated to have a positive
influence on future growth. North America is the second largest region with
significant market share. However, Asia Pacific is estimated to grow at the
highest CAGR in the forecast period. The developing countries like India and
China are the major consumers of excipients in this region. Also, the MEA
region is estimated to grow at the lucrative pace in the years to come.
The key players of excipients industry are Finar Limited, Eastman
Chemical Corporation, DFE Pharma, P&G Chemicals, Shin-Etsu Chemical Co.,
Ltd., Avantor Performance Materials, LLC, JRS Pharma, Huntsman Corporation,
Valeant, BASF SE, Lubrizol Corporation, Ashland Inc., Colorcon Inc., and FMC
Corporation. These players are concentrating on inorganic growth to sustain
themselves amidst fierce competition.
Know
More Insights @ https://newsonmarketblog.wordpress.com
No comments:
Post a Comment