Albany, NY -- (SBWIRE) -- 08/11/2017 -- Pharmaceutical excipients are inert substances that are generally used to manufacture different forms of drugs and are present in the finished products. Excipients help in providing long-term stability and make solid formulations bulkier. They also improve the functionality of drugs and make them safer.
The global pharmaceutical excipients market to grow at a CAGR of 6.53% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global pharmaceutical excipients market for 2017-2021. To calculate the market size, the report considers the sales of pharmaceutical excipients based on their functionalities, which include binders and fillers, coating agents, disintegrants, flavoring agents and colorants, glidants and lubricants, preservatives and antioxidants, sweeteners and others.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Pharmaceutical Excipients Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- ADM
- Ashland
- BASF
- Evonik Industries
- Dow Chemical
Other prominent vendors
- Associated British Foods
- FMC
- Lubrizol
- Roquette Pharma
Market driver
- Growth in the pharmaceutical industry
- For a full, detailed list, view our report
Market challenge
- Decreasing R&D expenditures
- For a full, detailed list, view our report
Market trend
- Demand for new excipients to develop easily consumable drugs
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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