Excipients Market Growth and Forecast, 2022 - 2030 : Grand View Research, Inc

The global excipients market size is expected to reach USD 9.37 billion by 2030; expanding at a CAGR of 6.0% for the forecast period from 2022 to 2030, 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.

Excipients Market Segmentation

Grand View Research has segmented the global excipients market based on product, and region:

Based on the Product Insights, the market is segmented into Polymers, Alcohols, Sugars, Minerals and Gelatin.

·       Polymers, comprising microcrystalline cellulose and pregelatinized starch, emerged as the leading product category in terms of both revenue and volume.

·       It accounted for over 44% of the total revenue in 2021 and almost 40% of the overall volume used in pharmaceutical formulations.

·       Rising usage in various dosage forms such as suspensions, capsules, and tablets is anticipated to be a key driving factor for this segment in the forecast years.

·       Sugars have emerged as the second-largest product segment, accounting for around 30% of the overall revenue in 2021. This can be attributed to their spherical shape and porous nature, which provides flowability and low friability, thereby making sugar a preferred choice in a wide range of pharmaceutical applications.

·       Sugar is also used as a drug delivery agent through the pulmonary route and applications such as these are anticipated to fuel segment growth.

ExcipientsRegional Outlook

·       North America

·       Europe

·       Asia Pacific

·       Latin America

·       MEA

Key Companies Profile& Market Share Insights

The global excipients market is highly competitive and fragmented, with many international companies competing for a large share of the global revenue.

Some prominent players in the Excipients market 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

·       Finar Limited

Order a free sample PDF of the Excipients Market Intelligence Study, published by Grand View Research.

Comments

Post a Comment

Popular posts from this blog

Medical Device Validation & Verification Market Outlook Till, 2020-2027

The global medical device validation and verification market size is expected to reach USD 1.1 billion by 2027, expanding at a CAGR of 11.1% over the forecast period, according to a new report by Grand View Research, Inc. Download Free Sample -  https://www.radiantinsights.com/research/medical-device-validation-&-verification-market/request-sample Increase in demand for advanced and quality medical products and rising complexity with respect to product designing and engineering are anticipated to boost market growth. Rapid innovations in healthcare have increased the need for companies to incorporate new technologies and software applications in their products to meet the demand for validation and verification. Increase in product complexity, availability of newer types of material, and high risk of product failures are some of the key factors increasing the need for validation and verification services. North America dominated the global medical device validation and verificat...
Read more

Athleisure Market Product Estimates & Strategy Framework To 2022 - 2030.

The global  athleisure market  size is expected to reach USD 662.56 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.9% from 2022 to 2030. Athleisure is a popular category because it taps into several broad trends, including a global shift toward consumers wearing more casual clothing, consumers seeking comfortable clothing, and health-conscious consumers engaging in more athletic activities and requiring performance clothing for these activities. True Fit's Fashion Genome (via Direct Commerce), which analyses data from 17,000 brands and 180 million True Fit users, confirms that athleisure orders have increased by 84 percent since the pandemic began; sales of women's athleisure bottoms in the United Kingdom alone were five times higher in December 2020 than in April 2020. In addition, order volumes for men's athleisure wear sales increased by 20% from the previous year. Target's activewear line, All ...
Read more

Light Curing Coating Global Market Size Comparison, Analysis, 2020

UV light-curing equipment is ideal for industrial bonding, coating, encapsulating, and potting, as well as sealing applications. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Light Curing Coating Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China). Download Free Sample Copy  -  https://www.radiantinsights.com/research/global-light-curing-coating-market-research-report-2020-2024/request-sample In this report, the global Light Curing Coating market is valued at USD XX million in 2020 and is projected to reach USD XX million by the end of 2024, growing at a CAGR of XX% during the period 2020 to 2024. The report first...
Read more