The global market for excipients is expected to
reach USD 5,226.1 million by 2020, according to a new study by Grand View
Research, Inc. Increasing demand for pharmaceuticals as a consequence of
growing global geriatric population base and the introduction of innovative
products such as Mallinckrodt Baker’s PanExcea MHC300G are expected to drive
excipient demand over the next six years. Moreover, the presence of a large
amount of untapped opportunities in emerging markets such as India, China and
Brazil, in terms of unmet medical needs and low cost manufacturing options is
also expected to fuel market demand.
Polymers dominated the overall market in 2013,
accounting for over 45% of global excipient revenues, with growing demand for
cellulose as anti-adherent, filler/diluents, lubricant, disintegrants, binders,
and film coating material in the pharmaceutical and cosmetic industries being
critical factors augmenting polymer excipient consumption.
View
summary of this report @ http://www.grandviewresearch.com/industry-analysis/excipients-market-analysis
Further
key findings from the study suggest:
- The global volume market for excipients is expected to grow from 561,436.2 tons in 2013 to 744,621.2 tons in 2020.
- Europe dominated the overall market in 2013, accounting for over 32% of global revenue. Large presence of geriatric population in developed Western European markets coupled with the sophisticated healthcare infrastructure and regulatory framework are some of the factors attributing to its large revenue share.
- Asia Pacific excipients market is expected to grow at the highest CAGR of 6.7% from 2014 to 2020 and its market is expected to reach over USD 1,500.0 million in 2020. High unmet medical needs and the presence of low cost manufacturing options in countries such as India and China are expected to drive market growth during the forecast period.
- Key market participants include BASF, Danisco, P&G, Huntsman Corporation, Eastman Chemical Company and others.
Browse All Reports of
this category @ http://www.grandviewresearch.com/industry/pharmaceuticals
For the purpose of this study, Grand View Research
has segmented the global excipients market on the basis of product and region:
Excipients
Product Outlook
•
Polymers
• MCC (Microcrystalline Cellulose)
• HPMC (Hydroxypropyl Methyl Cellulose)
• Ethyl Cellulose
• Methyl Cellulose
• CMC (Carboxymethyl Cellulose)
• Croscarmellose Sodium
• Povidone
• Pregelatinized Starch
• Sodium Starch Glycolate
• Polyethylene Glycol
• Acrylic Polymers
•
Minerals
• Calcium Phosphate
• Calcium Carbonate
• Clay
• Silicon Dioxide
• Titanium Dioxide
• Others
•
Sugars and Others
• Lactose
• Sucrose
• Others
•
Alcohol
• Glycerin
• Propylene Glycol
• Sorbitol
• Mannitol
• Others
•
Gelatin
Excipients
Regional Outlook
• North America
• Europe
• Asia Pacific
• RoW
About Grand View
Research
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, U.S.A.
Grand
View Research, Inc.
United
States
Phone: 1-415-349-0058
Toll
Free: 1-888-202-9519
Email: sales@grandviewresearch.com
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