(EMAILWIRE.COM, December 15, 2017 ) An excipient is a natural or synthetic constituent formulated alongside the active ingredient of a medication, included for the purpose of inducing and catalysing a wide range of physical and chemical properties.

The Global market for Pharmaceutical Excipients is broadly categorized by Product, by Functionality and by Formulation Type. Based on Product it is further categorized into Organic Chemicals (Oleochemicals, Carbohydrates, Petrochemicals, Proteins, Other Organic Chemicals) and Inorganic Chemicals (Calcium Phosphates, Metal Oxides, Halites, Calcium Carbonates, Calcium Sulphates, Other Inorganic Chemicals). Based on Functionality the Pharmaceutical Excipients are divided into subcategories like Fillers & Diluents, Binders, Suspension & Viscosity Agents, Coatings, Disintegrants, Flavouring Agents, Lubricants & Glidants, Colorants, Preservatives, Others). On basis of type of formulations, it is segmented into Oral Formulations, Topical Formulations, Parenteral Formulations and Advanced Delivery Systems. The fillers & diluents segment accounted for the largest share of the pharmaceutical excipients market while the lubricant & Glidants segment will witness the highest growth.

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On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. Europe and North America occupy the majority of the share in market, accounting for almost 2/3 of the revenue. Despite that Asia-Pacific remains the dominant region in terms of growth because of the untapped resources it offers in terms of manufacturing facilities and sheer population figures.

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Rise in chronic diseases due to sedentary life style, heavy investments by the pharmaceutical companies in development of biologics, adopting modern innovations like nanotechnology are key driving forces of the market. Reducing side-effects of drugs and developing eco-friendly solutions for manufacturing processes are the major challenge faced by the pharmaceutical industry.

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As discussed earlier, demand is increasing in the emerging markets like Asia-Pacific and Latin America, therefore proper expansion strategies, launching new product pipeline would be a lucrative opportunity for the companies operating in this industries. However, the growth of the market is hindered to a certain level by the fact that investments in R&D by major companies are not up to the required level and increasing regulatory requirements are making it increasingly hard to get new manufacturing facilities approved which are definite threats to overcome.

Emerging players in this market are giving a stiff competition to the top 10 players who occupy almost 70% of the total market. It can be attributed to the rapid growth of the market and opportunities it possesses in developing countries. Some of the key players operating in the field are Ashland Inc., AkzoNobel, Archer Daniels Midland Company, Associated British Foods PLC, BASF SE, Colorcon, Inc., Croda International PLC, Evonik Industries AG, FMC Corporation, Innophos Holdings Inc., J.M. Huber Corporation, Merck Millipore, Roquette Group, The DOW Chemical Company and Lubrizol Corporation.

Market Segmentation

1 By Product
1.1 Organic Chemicals
1.2 Inorganic Chemicals

2 By Functionality
2.1 Fillers & Diluents
2.2 Binders
2.3 Suspension & Viscosity Agents
2.4 Coatings
2.5 Disintegrants
2.6 Flavoring Agents
2.7 Lubricants & Glidants
2.8 Colorants
2.9 Preservatives
2.10 Other Functionalities

3 By Formulation Type
3.1 Oral Formulations
3.2 Topical Formulations
3.3 Parenteral Formulations
3.4 Advanced Delivery Systems


Scope of the Report

• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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