Allied Market Research

Pharmaceutical Glycerine Market Growth Analysis and Industry Forecast 2023

 

Portland, OR -- (SBWIRE) -- 10/04/2017 -- Pharmaceutical glycerine is an organic compound known as glycerol and glycerin and is majorly used as an excipient in the pharmaceutical industry. Glycerine exhibits various benefits in medical and pharmaceutical preparations such as improving smoothness, lubrication, and humectant. It is most commonly utilized in the formulation of suppositories, cough syrups, elixirs, and expectorants.

The rise in an application of glycerine in the treatment of increased eye pressure conditions such as glaucoma and during eye surgery fuels the Pharmaceutical Glycerine Market growth. Furthermore, increase in use of glycerine as a substitute for alcohol in herbal and botanical tincture preparation is anticipated to drive the market. Moreover, it also exerts osmotic diuretic properties that support in the management of cerebral edema, reduces cerebrospinal pressure, and intraocular pressure. However, the adverse effects of pharmaceutical glycerine, such as diarrhea, polyuria, nausea, dry mouth, and others hinder the market growth. Ongoing R&D activities related to pharmaceutical glycerine are anticipated to present new opportunities for the market.

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The market is segmented on the basis of application, route of administration, and region. Based on application, the market is divided into excipient and drug. Based on the route of administration, it is categorized into oral, rectal, intravenous, ophthalmic, and topical. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Pharmaceutical Glycerine Market Key Segments:

By Application

--Excipient

-Fillers & Plasticizer
-Solubilizer & Emulsifier
-Solvent
-Coatings
-Diluent & Base
-Lubricant
-Thickener
-Sweetener
-Others

--Drug

-Skin Care
-Ophthalmic
-Osmotic Diuretic
-Others

By Route of Administration

-Oral
-Rectal
-Intravenous
-Ophthalmic
-Topical

By Region

-North America
-Europe
-Asia-Pacific
-LAMEA

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Key players profiled in the report:

-Aemetis, Inc.
-Archer Daniels Midland Company
-Croda International Plc
-Emery Oleochemicals Group
-Godrej Group
-Kao Corporation
-Kuala Lumpur Kepong Berhad
-Procter & Gamble Co.
-Sakamoto Yakuhin Kogyo Co., Ltd
-The Dow Chemical Company