The
global Excipients
Market size
is expected to reach USD 6.9 billion by 2025, expanding at a CAGR of 6.02% from
2017 to 2025, according to a new report by Grand View Research, Inc. Globally
increasing reach of generic medicines has been a major factor driving market
growth. In addition, rising demand for newer excipients owing to the advantages
of drug delivery and stability has led to the growth of the market.
Further key findings from the report suggest:
Excipients
are essential components for the improvement of overall pharmaceutical activity
and performance, both of which directly impact the characteristics of
pharmaceutical formulations. An excipient in the right proportion can improve
the shelf life and bioavailability of a formulation. These can also be used in
drug delivery mechanisms such as sustained release and rapid release drugs.
Polymers
were the largest product category in 2016 and are expected to maintain a
comparatively moderate growth rate over the forecast period. Microcrystalline
cellulose was the leading polymer in this category, accounting for a share of
over 26.0% in 2016.
Sugars
are expected to observe the fastest growth over the coming years,
exhibiting an estimated CAGR of 5.1% from 2017 to 2025. Sugars can play an
instrumental role in increasing solubility, taste masking, dissolution, and
drug delivery, which can drive its market.
Browse Details of Report @
https://www.grandviewresearch.com/industry-analysis/excipients-market-analysis
https://www.grandviewresearch.com/industry-analysis/excipients-market-analysis
Further key findings from the report suggest:
- The global
excipients demand exceeded 600,000 tons in 2016 and is expected to grow at
a moderate rate from 2017 to 2025
- Owing to
high market demand, polymer excipients accounted for the largest revenue
share in 2016 and the segment can be anticipated to dominate the market
for the coming years as well
- The global
demand for sugars excipients was valued at over USD 1 billion in 2016 and
is anticipated to witness significant growth over the coming years
- The Europe
polymers market was pegged at 74,000 tons in 2015 and is estimated to
reach a total volume of over 100,000 tons by 2025
- The market
in Asia Pacific is projected to witness substantial growth over the course
of the forecast period thanks to several development projects undertaken
across major economies, especially in newer excipients markets. The
regional market is expected to register a CAGR of 6.63% from 2017 to 2025
- Key market
participants include Eastman Chemical Corporation; P&G Chemicals;
Avantor Performance Materials, LLC; Huntsman Corporation; BASF SE; Ashland
Inc.; FMC Corporation; Roquette; Colorcon Inc.; Lubrizol Corporation;
Valeant; JRS Pharma; Shin-Etsu Chemical Co., Ltd.; DFE Pharma; and Finar
Limited.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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