Global Pharmaceutical Excipients Market By Product(Organic Chemicals, Inorganic Chemicals, Other Chemicals) Functionality (Fillers & Diluents , Suspending & Viscosity Agents, Coating Agents, Binders, Flavoring Agents & Sweeteners, Disintegrants , Colorants ,Lubricants & Glidants , Preservatives, Emulsifying Agents, Other Functionalities), Type of Formulation (Oral Formulations, Topical Formulations, Parenteral Formulations, Other Formulations)

Market Definition: Global Pharmaceutical Excipients Market

An excipient is a substance which is formulated in conjunction with the active ingredients of a medicine, included for bulking up solid formulations and for long-term stabilization, containing effective active ingredients in small amounts or providing a therapeutic improvement in the final dose type of the active ingredient, such as facilitating drug absorption, reducing consistency or improving solubility. Excipient products can also be useful in the manufacturing technique to assist in managing active substance issues such as enabling the capacity to handle dust or non-stick characteristics, as well as helping in vivo stabilization such as denaturation interference or aggregation over the anticipated span of moment.

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Market Drivers

Growth of the prescribed drugs market backed by useful excipients is driving the growth of the market
A surge within the generics market is propelling the growth of the market
Increasing consumption of biopharmaceuticals is boosting the growth of the market
Rising adoption of orphan medication is contributing to the growth of the market

Market Restraints

Cost and time demanding drug development process is restricting the growth of the market
Increasing regulatory inflexibility is hindering the growth of the market

Market Analysis: Global Pharmaceutical Excipients Market

Global Pharmaceutical Excipients Market is registering a substantial CAGR of 6.78% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in the market can be attributed to rising of prescribed drugs, generics markets and consumption of biopharmaceuticals.

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Segmentation: Global Pharmaceutical Excipients Market

By Product

Organic Chemicals
Oleochemicals
Fatty Alcohols
Mineral Stearates
Glycerin
Other Oleochemicals
Carbohydrates
Sugars
Actual Sugars
Lactose
Sucrose
Dextrose (D-Glucose)
Sugar Alcohols
Mannitol
Sorbitol
Other Sugar Alcohols
Artificial Sweeteners
Cellulose
Microcrystalline Cellulose
Cellulose Ethers
CMC and Croscarmellose Sodium
Cellulose Esters
Starch
Modified Starch
Dried Starch
Converted Starch
Petrochemicals
Glycols
Polyethylene Glycol
Propylene Glycol
Povidones
Mineral Hydrocarbons
Petrolatum
Mineral Waxes
Mineral Oils
Acrylic Polymers
Other Petrochemicals
Proteins
Other Organic Chemicals
Inorganic Chemicals
Calcium Phosphate
Metal Oxides
Halites
Calcium Carbonate
Calcium Sulfate
Other Inorganic Chemicals
Other Chemicals

By Functionality

Fillers & Diluents
Suspending & Viscosity Agents
Coating Agents
Binders
Flavoring Agents & Sweeteners
Disintegrants
Colorants
Lubricants & Glidants
Preservatives
Emulsifying Agents
Other Functionalities

By Type of Formulation

Oral Formulations
Tablets
Capsules
Hard Gelatin Capsules
Soft Gelatin Capsules
Liquid Formulations
Topical Formulations
Parenteral Formulations
Other Formulations

Key Developments in the Market:

In July 2019, The Lubrizol Corporation announced the acquisition of Bavaria Medizin Technologies (BMT) from its current primary shareholder, Custos Vermögensverwaltungs, as well as from minority shareholders by its German subsidiary named Lubrizol Deutschland. This purchase creates Lubrizol's skills in precision thermoplastic extrusion and product development, creating Lubrizol as a real end-to-end participant in the global pharmaceutical industries and medical device.

In December 2018, Roquette announced the closure of the purchase of a large interest in Crest Cellulose from Pravesha Industries, India's leading pharmaceutical packaging firm. The development of this joint venture will strengthen Roquette's place as a leading supplier of pharmaceutical trade and a worldwide player in advanced natural pharmaceutical excipients. Adding both business authority and manufacturing capacities will provide solid knowledge and track record in the industry for pharmaceutical excipients. They will create fresh possibilities for both Roquette's and Crest Cellulose's clients and staff, as both companies maintain a dedication to development, performance, and efficiency.

Competitive Analysis:

Global Pharmaceutical Excipients Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Pharmaceutical Excipients Market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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