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Sodium Starch Glycolate Market Trends by Key Players: DFE Pharma, Muby chemicals, Shree chemicals, Prachin chemical, Q’Max solutions, Captain industries, Shangyu Huachang industrial, Qingdao Haiyang Chemical

Global Market Insights, Inc.

Global Market Insights, Inc.

The growth of Sodium Starch Glycolate market may be hurdled by the different food and drug association in different countries which have different norms and standards to be followed, prior to introducing the product in the market.

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There are four main types of Sodium Starch Glycolate; namely, SSG type A, SSG type B, SSG type C and SSG USP NF. SSG Type A and SSG Type B are cross-linked salts of sodium, which is partly O-carboxymethylated potato starch. Whereas, SSG type C is formed as a result of cross linking of sodium salt of partly carboxymethylated starch, by physical dehydration. All the three types of sodium starch glycolates can be distinguished from each other by checking their pH value, sodium and NaCl content. The worldwide market for industrial starches (Sodium Starch Glycolate specifically) is expanding, and the industrial trend is towards the use of commercially viable raw materials other than maize, wheat and potato which have competing food uses and availability at low costs.

In terms of application, the product is used as a component for manufacturing processes in pharmaceuticals, food, textiles, paper and adhesives. SSG is generally used as rapid/ super disintegrant, it coats the pills and releases the medicine immediately when in contact with water. It is also used as food stabilizer and as an anti-aging agent for bread and in manufacturing of ice creams. Chemical industry uses SSG for making creams, shampoo and other cosmetics. With its ability to be stored for longer period (3-4 years) and suitability for human use, sodium starch glycolate has higher usage as an ingredient for cosmetic chemicals.

Global Sodium Starch Glycolate Market size is likely to witness moderate growth, expanding at a CAGR of near about 3% in the forecast period of 2016-2024. Sodium Starch Glycolate (SSG) is sodium salt of starch (Carboxy methyl ether) having a very fine, free flowing powder nature which is widely used in pharmaceuticals as a disintegrant in tablets and capsules formulations. It is also used as a suspending and gelling agent. The product also acts as a dissolution enhancing agent. It is manufactured by Carboxy methylation and cross linking of potato starch and can also be produced from other starch foods such as wheat, rice and corn.

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Europe and North America region dominate the global market of sodium starch glycolate, followed by Asia pacific region market. Rest of the world held minimum share of the global market in last couple of years. However, market in this region is anticipated to grow in the forecasted period. This growth of the Sodium Starch Glycolate market can be attributed to its application in pharmaceutical companies. Countries like USA, Switzerland, China and India have large sized and exponentially growing pharmaceutical sector. Technological advancements for producing and using Sodium Starch Glycolate is increasing gradually as medical and pharmaceutical industry have wide applications on a large scale globally. In case of food and beverage industry, the developing countries have huge market in developed countries, thus utilization of Sodium Starch Glycolate is higher in these regions of developing countries and growth opportunities higher for Sodium Starch Glycolate market in this region.

The major players in SSG market are DFE Pharma, Muby chemicals, Shree chemicals, Prachin chemical, Q’Max solutions, Captain industries, Shangyu Huachang industrial, Qingdao Haiyang Chemical and many more in the global space. In Sodium Starch Glycolate market, local companies, utilizing local raw material are having a better reach to customers, both domestic as well as international.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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