Pharmaceutical Excipients Global Market to Exceed to USD 7.7 Bn by 2022, Forecasts IQ4I in Its New Report Available at MarketPublishers.com26 Sep 2016 • by Natalie Aster
LONDON – The world’s market for pharmaceutical excipients is set to grow at a single-digit rate in the upcoming years to exceed USD 7.7 billion by 2022.
Plant-based excipients hold the largest share of the source excipients segment. When it comes to inorganic chemicals, the largest share (44%) belongs to metallic oxides.
In terms of functionality types, binder and adhesives make up the largest share, with its CAGR being around 8% over the period 2015-2022.
By dosage forms, the largest share belongs to oral dosage forms.
Prescription drugs are the leaders in the finished product segment, and they are expected to grow at a 6.5% CAGR in the offing.
Region-wise, North America is the number one player, and its share sands at approximately 39%. However, it may be dethroned by APAC in future as this market is set to grow at the highest rate in the upcoming years.
The marketplace is characterized by a high level of competitiveness. There are a number of prominent players in this space like BASF, Lubrizol Corporation, Ashland, and more.
New research report “Pharmaceutical Excipients Global Market - Forecast to 2022” drawn up by IQ4I offers an up-close look at the world’s market for pharmaceutical excipients. The study delves deep into factors that drive change to this space. It focuses on the regulatory landscape and limelights regulatory affairs related to Europe, the USA, APAC, and more.
The report contains a supply chain analysis and examines the marketplace on the basis of sources, processes, products, dosage forms, functionality and finished products. The research study scrutinizes regional marketplaces. It explores the competitive landscape in detail and profiles top companies. Future projections through 2022 can be found in the report, too.
- 360-degree overview of the market;
- investigation of its dynamics;
- in-depth insights into major trends;
- a detailed picture of the competitive landscape;
- players’ profiles;
- and more.
More new studies by IQ4I are available at its page.