Press release
Global Pharmaceutical Solvent Market to reach USD 4.1 Bn 2016-2026: Ether Pharmaceutical Solvent Segment Projected to Register Significant CAGR over the Forecast Period
Global pharmaceutical solvent market analysis by Chemical Group
- The Ether Pharmaceutical Solvent segment is projected to register a significant CAGR over the forecast period
- The Ether pharmaceutical solvent segment is projected to gain 160 BPS between 2016 and 2026. This segment is estimated to register a CAGR of 5.5% over the forecast period, expected to reach up to US$ 699.2 Mn by the end of 2026
- The growing demand for dimethyl ether and polyethylene glycol is expected to boost the demand in the ether pharmaceutical segment
- The Others pharmaceutical solvent segment is expected to lose 100 BPS over the projected period
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- The Others segment is expected to register a CAGR of 4.0% over the forecast period. This segment is expected to reach up to US$ 1,023 Mn by the end of 2026
- The Ether pharmaceutical segment is expected to expand in the first half over the forecast period and is expected to have stable growth in the global pharmaceutical solvent market
- The Alcohol pharmaceutical solvent segment is expected to account for the maximum share in the global pharmaceutical solvent market, registering an estimated CAGR of 4.5%
- The Chlorinated Solvents segment is expected to expand in second half with an estimated CAGR of 3.5% over the forecast period
- The Ester pharmaceutical segment is expected to have stable growth in the global pharmaceutical solvent market expanding with an estimated CAGR of 4.0% over the forecast period
- The Alcohol pharmaceutical solvent segment is expected to create high value opportunity over the forecast period
- The Alcohol pharmaceutical solvent segment is expected to register an estimated CAGR of 4.5% over the forecast period. This segment is expected to create total incremental opportunity of US$ 541 Mn between 2016 and 2026
- The Others pharmaceutical solvent segment is expected to create high value opportunity over the forecast period
- The Chlorinated Solvents segment is expected to register an estimated CAGR of 3.5% over the forecast period reaching up to US$ 52.3 Mn by the end of 2016. This segment is expected to create total incremental opportunity of US$ 21 Mn between 2016 and 2026
- The Others pharmaceutical solvent segment is expected to register an estimated CAGR of 4% over the forecast period, reaching up to US$ 1023 Mn by the end of 2026. This segment is expected to create total incremental opportunity of US$ 334 Mn between 2016 and 2026
- The Ester pharmaceutical segment is expected to gain maximum attractiveness over the assessment period
- The Ester pharmaceutical solvent segment is expected to gain maximum market attractiveness between 2016 and 2026. This segment is expected to expand with an estimated CAGR of 4.0% over the forecast period, reaching up to US$ 640.6 Mn by the end of 2026
- Growing demand for ethyl acetate is expected to fuel the demand of the Ester pharmaceutical solvent segment. Ethyl acetate is expected to register an estimated CAGR of 4.6% over the forecast period
- The Ether pharmaceutical solvent segment is expected to gain attractiveness between 2016 and 2026, and is anticipated to hold a market share of 16.7% in the global pharmaceutical solvent market
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