Sodium Starch Glycolate Market, Industry Analysis Report, Regional Outlook 2016-2024
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.
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With rise in the number of chronic and acute diseases across the globe, the demand for medicines has increased exponentially. Likewise, there are ailments requiring regular medication to be cured, which are elevating the demand for producing tablets and capsules. Also, the awareness about personal hygiene and care is on rise, coupled with consciousness about beauty and related products, consequently drives the Sodium Starch Glycolate market. Moreover, Companies are concentrating more on investing heavily in the research and development related to processing and effective utilization of sodium starch glycolate.
The Sodium Starch Glycolate Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Sodium Starch Glycolate Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Sodium Starch Glycolate Product Insights
5. Sodium Starch Glycolate Application Insights
6. Sodium Starch Glycolate Regional Insights
7. Competitor Profiles
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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.
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.
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