Product Code: 978-1-68038-117-7
Excipients Market Growth & Trends:
The global excipients market size is expected to reach USD 9.37 billion by 2030, expanding at a CAGR of 6.0% for the forecast period from 2022 to 2030, according to a new report by Grand View Research, Inc. Globally increasing reach of generic medicines has been a major factor driving market growth. In addition, rising demand for newer excipients owing to the advantages of drug delivery and stability has led to the growth of the market.
Excipients are essential components for the improvement of overall pharmaceutical activity and performance, both of which directly impact the characteristics of pharmaceutical formulations. An excipient in the right proportion can improve the shelf life and bioavailability of a formulation. These can also be used in drug delivery mechanisms such as sustained release and rapid release drugs.
Polymers were the largest product category in 2021 based on revenue and volume and are expected to maintain a comparatively moderate growth rate over the forecast period. Microcrystalline cellulose was the leading polymer in this category, accounting for a share of over 26.0% in 2021.
Sugars are expected to observe the fastest growth over the coming years, exhibiting an estimated CAGR of 6.9% from 2022 to 2030. Sugars can play an instrumental role in increasing solubility, taste masking, dissolution, and drug delivery, which can drive its market.
The Market is significantly driven by the increasing demand for pharmaceutical products due to the COVID-10 virus outbreak. The development of the COVID-19 vaccine was one of the major drivers for this market growth. Many key organizations capitalized on the opportunities that arose during the pandemic and witnessed significant growth.
Excipients Market Report Highlights:
- The global excipients demand exceeded 776,000 tons in 2021 and is expected to grow at a moderate rate from 2022 to 2030
- Owing to high market demand, polymer excipients accounted for the largest revenue share in 2021 and the segment can be anticipated to dominate the market for the coming years as well
- The global demand for sugars excipients was valued at over USD 1.85 billion in 2021 and is anticipated to witness significant growth over the coming years
- The Europe polymers market was pegged at 230,500 tons in 2021 and is estimated to reach a total volume of over 328,000 tons by 2030
- The market in Asia Pacific is projected to witness substantial growth over the course of the forecast period thanks to several development projects undertaken across major economies, especially in newer excipients markets. The regional market is expected to register a CAGR of 6.6% from 2022 to 2030
Table of Contents
Chapter 1. Research Methodology
- 1.1 Region Wise Market Calculation
- 1.1.1 Region Wise Market: Base Estimates
- 1.1.2 Global Market: CAGR Calculation
- 1.2 Region based segment share calculation
- 1.3 Data Analysis
- 1.4 List of Primary & Secondary Sources
Chapter 2. Executive Summary
Chapter 3. Excipients Market Variables, Trends & Scope
- 3.1 Market Segmentation & Scope
- 3.1.1 Market driver analysis
- 3.1.1.1 Growing pharmaceutical market
- 3.1.1.2 Rising demand for novel excipients
- 3.1.1.3 Patent cliffs driving the growth of excipients in the generics market
- 3.1.2 Market restraint analysis
- 3.1.2.1 Stringent rules by regulatory bodies
- 3.2 Penetration & Growth Prospect Mappingfor Products, 2021
- 3.3 Excipients Market - SWOT Analysis, By Factor (Political & Legal, Economic And Technological)
- 3.4 Industry Analysis - Porter's
Chapter 4. Excipients Market: Product Estimates & Trend Analysis
- 4.1 Global Excipients Market: Product Movement Analysis
- 4.2 Polymers
- 4.2.1 Global polymers market, 2018 - 2030 (USD Million, Tons)
- 4.2.2 Micro Crystalline Cellulose (MCC)
- 4.2.2.1 Global MCC market, 2018 - 2030 (USD Million, Tons)
- 4.2.3 Hydroxy Propyl Methyl Cellulose (HPMC)
- 4.2.3.1 Global HPMC market, 2018 - 2030 (USD Million, Tons)
- 4.2.4 Ethyl cellulose
- 4.2.4.1 Global ethyl cellulose market, 2018 - 2030 (USD Million, Tons)
- 4.2.5 Methyl cellulose
- 4.2.5.1 Global methyl cellulose market, 2018 - 2030 (USD Million, Tons)
- 4.2.6 Carboxy Methyl Cellulose (CMC)
- 4.2.6.1 Global CMC market, 2018 - 2030 (USD Million, Tons)
- 4.2.7 Croscarmellose sodium
- 4.2.7.1 Global croscarmellose sodium market, 2018 - 2030 (USD Million, Tons)
- 4.2.8 Povidone
- 4.2.8.1 Global povidone market, 2018 - 2030 (USD Million, Tons)
- 4.2.9 Pregelatinized starch
- 4.2.9.1 Global pregelatinized starch market, 2018 - 2030 (USD Million, Tons)
- 4.2.10 Sodium starch glycolate
- 4.2.10.1 Global sodium starch glycolate market, 2018 - 2030 (USD Million, Tons)
- 4.2.11 Polyethylene glycol
- 4.2.11.1 Global polyethylene glycol market, 2018 - 2030 (USD Million, Tons)
- 4.2.12 Acrylic polymers
- 4.2.12.1 Global acrylic polymers market, 2018 - 2030 (USD Million, Tons)
- 4.3 Alcohol
- 4.3.1 Global alcohol market, 2018 - 2030 (USD Million, Tons)
- 4.3.2 Glycerin
- 4.3.2.1 Global glycerin market, 2018 - 2030 (USD Million, Tons)
- 4.3.3 Propylene glycol
- 4.3.3.1 Global propylene glycol market, 2018 - 2030 (USD Million, Tons)
- 4.3.4 Sorbitol
- 4.3.4.1 Global sorbitol market, 2018 - 2030 (USD Million, Tons)
- 4.3.5 Mannitol
- 4.3.5.1 Global mannitol market, 2018 - 2030 (USD Million, Tons)
- 4.3.6 Others
- 4.3.6.1 Global other alcohol market, 2018 - 2030 (USD Million, Tons)
- 4.4 Minerals
- 4.4.1 Global minerals market, 2018 - 2030 (USD Million, Tons)
- 4.4.2 Calcium phosphate
- 4.4.2.1 Global calcium phosphate market, 2018 - 2030 (USD Million, Tons)
- 4.4.3 Calcium carbonate
- 4.4.3.1 Global calcium carbonate market, 2018 - 2030 (USD Million, Tons)
- 4.4.4 Clay
- 4.4.4.1 Global clay market, 2018 - 2030 (USD Million, Tons)
- 4.4.5 Silicon dioxide
- 4.4.5.1 Global silicon dioxide market, 2018 - 2030 (USD Million, Tons)
- 4.4.6 Titanium dioxide
- 4.4.6.1 Global titanium dioxide market, 2018 - 2030 (USD Million, Tons)
- 4.4.7 Others
- 4.4.7.1 Global other minerals market, 2018 - 2030 (USD Million, Tons)
- 4.5 Sugar
- 4.5.1 Global sugar market, 2018 - 2030 (USD Million, Tons)
- 4.5.2 Lactose
- 4.5.2.1 Global lactose market, 2018 - 2030 (USD Million, Tons)
- 4.5.3 Sucrose
- 4.5.3.1 Global sucrose market, 2018 - 2030 (USD Million, Tons)
- 4.5.4 Others
- 4.5.4.1 Global other excipients market, 2018 - 2030 (USD Million, Tons)
- 4.6 Gelatin
- 4.6.1 Global gelatin market, 2018 - 2030 (USD Million, Tons)
Chapter 5. Market Categorization: Regional Estimates & Trend Analysis, by Product
- 5.1 Global Excipients Market: Region Movement Analysis
- 5.2 North America
- 5.2.1 North America excipients market, 2018 - 2030 (USD Million, Tons)
- 5.2.2 U.S.
- 5.2.2.1 U.S. excipients market, 2018 - 2030 (USD Million, Tons)
- 5.2.3 Canada
- 5.2.3.1 Canada excipients market, 2018 - 2030 (USD Million, Tons)
- 5.3 Europe
- 5.3.1 Europe excipients market, 2018 - 2030 (USD Million, Tons)
- 5.3.2 Germany
- 5.3.2.1 Germany excipients market, 2018 - 2030 (USD Million, Tons)
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific excipients market, 2018 - 2030 (USD Million, Tons)
- 5.4.2 Japan
- 5.4.2.1 Japan excipients market, 2018 - 2030 (USD Million, Tons)
- 5.5 Latin America
- 5.5.1 Latin America excipients market, 2018 - 2030 (USD Million, Tons)
- 5.5.2 Brazil
- 5.5.2.1 Brazil excipients market, 2018 - 2030 (USD Million, Tons)
- 5.6 Middle East & Africa (MEA)
- 5.6.1 Middle East & Africa excipients market, 2018 - 2030 (USD Million, Tons)
- 5.6.2 South Africa
- 5.6.2.1 South Africa excipients market, 2018 - 2030 (USD Million, Tons)
Chapter 6. Competitive Landscape
- 6.1 Strategy Framework
- 6.2 Market Participation Categorization
- 6.3 Company Profiles
- 6.3.1 Eastman Chemical Corporation
- 6.3.1.1 Company overview
- 6.3.1.2 Financial performance
- 6.3.1.3 Product benchmarking
- 6.3.2 P&G
- 6.3.2.1 Company overview
- 6.3.2.2 Financial performance
- 6.3.2.3 Product benchmarking
- 6.3.3 Avantor Performance Materials, LLC
- 6.3.3.1 Company overview
- 6.3.3.2 Financial performance
- 6.3.3.3 Product benchmarking
- 6.3.3.4 Strategic initiatives
- 6.3.4 Huntsman Corporation
- 6.3.4.1 Company overview
- 6.3.4.2 Financial performance
- 6.3.4.3 Product benchmarking
- 6.3.4.4 Strategic initiatives
- 6.3.5 BASF SE
- 6.3.5.1 Company overview
- 6.3.5.2 Financial performance
- 6.3.5.3 Product benchmarking
- 6.3.5.4 Strategic initiatives
- 6.3.6 Ashland Inc.
- 6.3.6.1 Company overview
- 6.3.6.2 Financial performance
- 6.3.6.3 Product benchmarking
- 6.3.6.4 Strategic initiatives
- 6.3.7 FMC Corporation
- 6.3.7.1 Company overview
- 6.3.7.2 Financial performance
- 6.3.7.3 Product benchmarking
- 6.3.7.4 Strategic initiatives
- 6.3.8 Roquette
- 6.3.8.1 Company overview
- 6.3.8.2 Financial performance
- 6.3.8.3 Product benchmarking
- 6.3.8.4 Strategic initiatives
- 6.3.9 Colorcon Inc.
- 6.3.9.1 Company overview
- 6.3.9.2 Financial performance
- 6.3.9.3 Product benchmarking
- 6.3.9.4 Strategic initiatives
- 6.3.10 Lubrizol Corporation
- 6.3.10.1 Company overview
- 6.3.10.2 Financial performance
- 6.3.10.3 Product benchmarking
- 6.3.10.4 Strategic initiatives
- 6.3.11 Valeant
- 6.3.11.1 Company overview
- 6.3.11.1.1 The Dow Chemical Company (Dow Pharma Solutions)
- 6.3.11.2 Financial performance
- 6.3.11.2.1 Financial performance
- 6.3.11.3 Product benchmarking
- 6.3.12 JRS PHARMA
- 6.3.12.1 Company overview
- 6.3.12.2 Financial performance
- 6.3.12.3 Product benchmarking
- 6.3.12.4 Strategic initiatives
- 6.3.13 Shin-Etsu Chemical Co., Ltd
- 6.3.13.1 Company overview
- 6.3.13.1.1 SE Pharma & Food Materials Distribution GmbH
- 6.3.13.2 Financial performance
- 6.3.13.3 Product benchmarking
- 6.3.13.4 Strategic initiatives
- 6.3.14 DFE pharma
- 6.3.14.1 Company overview
- 6.3.14.2 Financial performance
- 6.3.14.3 Product benchmarking
- 6.3.14.4 Strategic initiatives
- 6.3.15 FINAR LIMITED
- 6.3.15.1 Company overview
- 6.3.15.2 Financial performance
- 6.3.15.3 Product benchmarking