Global Binder Excipients Market Size, Share, Growth, Industry Trends and Forecast 2020-2030

The global binder excipients market is projected to reach USD 2.3 billion by 2030 from USD 1.4 billion in 2020, at an approximate CAGR of 5.2%.Binder excipients act as an adhesive to hold or bind granules, powders and other dry ingredients in order to provide necessary mechanical strength to the pharmaceutical products. These excipients aid in accumulation of the powder into granules in the process called granulation, and also affect their properties such as compaction, drug release, flow, solubility, and strength. Binder excipients are used in drug formulations in order to improve disintegration, bulkiness, and bio-availability & dissolution rate of the drug. Additionally, the excipients play a key role in imparting additional value to the pharmaceutical products by improving their properties such as absorption and controlled release of the active ingredients.
Download Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures) @ https://www.decisionforesight.com/request-sample/DFS020108
Market Dynamics and Factors:
The rising demand for several pharmaceutical products owing to ageing population and growing cases of chronic disorders are the major factors driving the binder excipients market worldwide. The recent patent expiries of a number of drugs is further expected to provide a positive boost to the demand for binder excipients in generic drug production. Some of the other notable factors aiding the market growth are advancements in nanotechnology, emergence of new excipients and rising demand for functionality excipients. The upsurge in the number of clinical trials of new drugs is likely to fuel the demand for binder excipients. However, lack of separate guidelines for manufacturing and approval of excipients is deterring R&D initiatives related to novel binder excipients. For instance, under the present regulatory scenario, if a new drug approval fails, the excipient also fails even if it is not due to anything related to the excipient. Furthermore, clinical trial data from that failed excipient is not usable. This leads to major financial loss on the part of both the drug and the excipient manufacturer and hence is a major restraining factor for the binder excipients market.
Market Segmentation :
Global Binder Excipients Market – By Source
Natural
Animal
Microbial
Plant
Synthetic
Global Binder Excipients Market – By Product Type
Cellulosic
Lactose
Polyols
Povidones
Starch & Polysaccharides
Co-Processed Compressible Excipients
Others
Global Binder Excipients Market – By Application
Solution Based
Tablets & Capsules
Global Binder Excipients Market – By End-Users
Pharmaceutical Companies
Nutraceutical Companies
Others
Global Binder Excipients Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020108
Geographic Analysis:
Asia Pacific is expected to dominate the global binder excipients market in terms of market share during the forecast period followed by North America. This is mainly because of the increase in requirement of binder excipients in the local drug manufacturing industry for generic drug business. Generic drug manufacturers in nations such as India hold a strong position in the global market and play an important role in the development of the pharmaceutical industry which in turn has created a strong demand for binder excipients for generic drugs. For instance, pharmaceutical companies in India supply over 80% of the anti-retro-viral drugs used worldwide to combat AIDS (Acquired Immuno Deficiency Syndrome). In 2017–18, India exported around 3.2 billion USD worth of generic drugs to the U.S.
Competitive Scenario:
The key players operating in the global binder excipients market are –
DuPont de Nemours, Inc., Lonza Group, Kerry Inc., Colorcon, Croda International, EMD Millipore, Dow Chemical, FMC BioPolymer, Fuji Chemical Industry, Archer Daniels Midland and Ingredion.
Connect to Analyst @ https://www.decisionforesight.com/speak-analyst/DFS020108
How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Binder Excipients industry, although key threats, opportunities and disruptive technologies that could shape the Global Binder Excipients Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Binder Excipients Market most.
The data analysis present in the Global Binder Excipients Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Binder Excipients Market business.
The 2021 Annual Global Binder Excipients Market offers:
100+ charts exploring and analysing the Global Binder Excipients Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Binder Excipients Market type
Buy This Premium Research Report@ https://www.decisionforesight.com/checkout/DFS020108
About Us:
Decision Foresight is a market research organization known for its reliable and genuine content, market estimation and the best analysis which is designed to deliver state-of-the-art quality syndicate reports to our customers. Apart from syndicate reports, you will find the best market insights, strategies that will help in taking better business decisions on subjects that may require you to develop and grow your business-like health, science, technology and many more. At Decision Foresight, we truly believe in disseminating the right piece of knowledge to a large section of the audience and cover the in-depth insights of market leaders across various verticals and horizontals.
Contact:
Email: [email protected]
For Latest Update Follow Us:
https://www.facebook.com/Decision-Foresight-110793387201935
https://twitter.com/DecisionForesi1
https://www.linkedin.com/company/decision-foresight/