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:
-Fillers & Plasticizer
-Solubilizer & Emulsifier
-Diluent & Base
By Route of Administration
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Key players profiled in the report:
-Archer Daniels Midland Company
-Croda International Plc
-Emery Oleochemicals Group
-Kuala Lumpur Kepong Berhad
-Procter & Gamble Co.
-Sakamoto Yakuhin Kogyo Co., Ltd
-The Dow Chemical Company