Excipients Market Growth Trends, Top Manufacturers and Competitive Strategies, 2025
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.
(firmenpresse) - The global Excipients Market research report provides complete insights on industry scope, global trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready, data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
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.
Key Players:
Eastman Chemical Corporation
P&G
Avantor Performance Materials
Huntsman Corporation
BASF SE
Ashland
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Growth Drivers:
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.
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.
Product Outlook:
Polymers
Alcohols
Sugars
Minerals
Gelatin
Regional Insights:
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.
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Themen in dieser Pressemitteilung:
pharmaceuticals
excipients-market
excipients-market-news
global-excipients-industry-size
excipients-market-share
excipients-market-demand
excipients-market-analysis
excipients-market-research
excipients-market-forecast-report
Unternehmensinformation / Kurzprofil:
Datum: 14.09.2020 - 11:39 Uhr
Sprache: Deutsch
News-ID 619357
Anzahl Zeichen: 3324
contact information:
Contact person: Tom Clark
Town:
Felton
Phone: 14086102300
Kategorie:
Pharmaceuticals & Biotech
Typ of Press Release: Financial
type of sending: don't
Date of sending: 14.09.2020
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