Press release
PHARMACEUTICAL EXCIPIENTS Market 2021: Potential growth, attractive valuation make it is a long-term investment | Know the COVID19 Impact | Top Players: Pharmaceutical Excipients Market
Prophecy Market Insights
" Global pharmaceutical excipients market is projected to grow from US$ 7.2 billion in 2020 to US$ 11.5 billion by 2029. The global pharmaceutical excipients market is expected to register moderate growth over the forecast period. This is attributed to excipients have been provide better functionality and competitive advantage in drug formulations in turns increases demand from pharmaceutical industry. Furthermore, rising demand for generic medicine across the globe the global pharmaceutical excipients market.
The report " Global PHARMACEUTICAL EXCIPIENTS Market, By Platform (Air-Based, Naval Based, and Land Based Platforms), By Application (Command & Control, Communications, Computers, and Surveillance & Reconnaissance), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”
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Key Highlights:
• On December 2016, Merck & Co., Inc launched “Parteck MXP” which is a polyvinyl alcohol-based excipient that enhances solubility of a wide range of active.
• On February 5, 2019, ABITEC Corporation launched “CAPMUL GDB EP/NF”. This is high-purity, highly-reproducible solid lipid exipient which offers good flow and uniform particle size distribution for use in multiple fomrulations, including tablets, hard gels, softgels, solid lipid nanoparticles, nano-structured lipids, granulations, multi-particulates, extrudates, congealing, and liquids.
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Key Market Insights from the report:
The global pharmaceutical excipients market accounted for US$ 7.2 billion in 2020 and is projected to register a moderate CAGR of 5.3 % over the forecast period. The market report has been segmented on the basis of product, functionality, formulation, and region.
• By product, the organic chemical is segment accounted for major revenue share in 2018, owing to it this organic chemicals increases efficiency regarding poorly soluble orally delivered molecules.
• By functionality, fillers and diluents is segment accounted for major revenue share in 2018, due to increasing use of fillers and diluents in the development and production of solid oral drugs.
• By formulation, parenteral formulations is segment accounted for major revenue share in 2018, attributed to parenteral formulations is major line treatment for infectious diseases, hepatitis, tuberculosis, cardiovascular diseases, diabetes, and cancer.
• By region, The Europe pharmaceutical excipients market is expected to dominate in the global pharmaceutical excipients market and is further anticipated to maintain its dominance over the forecast period, owing to presence of European Medicines Agency’s scientific guidelines on excipients, which facilitates pharmaceutical entities to prepare marketing authorization applications for medicines for human consumption in the European countries. The North America pharmaceutical excipients market is expected to account for second-highest share in terms of revenue in the near future, followed by Asia Pacific in 2018.
Competitive Landscape & their strategies:
The prominent player operating in the global pharmaceutical excipients market includes Eastman Chemical Company, The Procter & Gamble Manufacturing Company, Merck & Co., Inc., Avantor Performance Materials, LLC, Huntsman Corporation, ABITEC Corporation, BASF SE, Ashland Global Holdings Inc, FMC Corporation, Colorcon, Inc, and Roquette Frères S.A.
About Report:
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
Explore Extensive Coverage of Prophecy Market Insights Healthcare Industry:
Related Reports:
Global Oral Solid Dosage Excipients Market
https://www.prophecymarketinsights.com/market_insight/global-oral-solid-dosage-excipients-market-4638
Global Pharmaceutical Blenders Market
https://www.prophecymarketinsights.com/market_insight/Global-Pharmaceutical-Blenders-Market-By-134
Global Active Pharmaceutical Ingredient Market
https://www.prophecymarketinsights.com/market_insight/Global-Active-Pharmaceutical-Ingredient-Market-685
Key questions answered in the report:
• What will the market growth rate of PHARMACEUTICAL EXCIPIENTS Market in 2026?
• What are the key factors driving the global PHARMACEUTICAL EXCIPIENTS Market?
• Who are the key manufacturers in PHARMACEUTICAL EXCIPIENTS Market space?
• What are the market opportunities, market risk and market overview of the Global PHARMACEUTICAL EXCIPIENTS Market?
• What are sales, revenue, and price analysis of top manufacturers of Respiratory Mask Global market?
• What are sales, revenue, and price analysis by types and applications of PHARMACEUTICAL EXCIPIENTS Market?
• What are sales, revenue, and price analysis by regions of PHARMACEUTICAL EXCIPIENTS Market?
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