Global Docusate Sodium Market Inclinations & Growth Opportunities Marked at 8.7% CAGR until 2023

Docusate sodium is a highly effective and versatile pharmaceutical grade surfactant. It is usually preferred as an exicipient in pharmaceutical production procedures where it functions as a solubilizing agent for poorly soluble API's, and also as a dispersing and emulsifying agent. Market Research Hub (MRH) has included a fresh report titled “Global Docusate Sodium Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023”, to its broad database that focuses on the overall market trends & growth projections expected to occur in the coming years.

As per active research findings, the global market for docusate sodium is anticipated to grow at a CAGR of roughly 8.7% during the next five years; at this speed the concerned market is likely to acquire 11 million US$ until 2023, from a significantly lower mark of 7 million US$ recorded in 2017. This report primarily focuses on the docusate sodium market at the global level, with a focused region-based market analysis covering North America, Asia-Pacific & Europe, Middle East & Africa and South America. Further, the assessment categorizes the overall market in terms of manufacturers, type, regions and application.

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As the report proceeds, readers can access vital information associated to market dynamics comprising of market opportunities, market risks and market driving force. Furthermore, knowledge about sales channel, distributors, dealers and traders is carefully enclosed in this analysis. Based on purity, the docusate sodium market is divided into DSS 50%, DSS 85% and DSS 100%. The type DSS 85% is the main type and occupied around 85%~86% of the total global production during the period 2012 to 2016. It should be known that, docusate sodium is used as excipient as well as active pharmaceutical ingredients. While functioning as an excipient, this sodium is an excellent solubilizing, dispersing, wetting and emulsifying agent. Moreover, it also seeks many other uses like that of an emulsifier in gels and creams. Based on statistics, in 2016, close to 93% of the worldwide production was applied as excipient.

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The report further tends to discuss the major market players, namely, CYTEC, Laxachem and Hunan Warrant Pharmaceutical. It is quite amusing to know that, almost 99% of the global production of docusate sodium is controlled by these three manufacturers. At present, CYTEC is the leading company that produced 53 MT in the year 2016, grabbing 95.92% share of the global production. On the other hand, Hunan Warrant Pharmaceutical is the solo company which manufactures docusate sodium in China.

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This release was published on openPR.