Global Binder Excipients Market to 2024: Market Value is Projected to Reach US$ 1.7 Billion - Key Players are Colorcon, Croda, EMD Millipore, Dow Chemical, FMC BioPolymer, Fuji Chemical and Ingredion

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May 21, 2019, 13:15 ET

DUBLIN, May 21, 2019 /PRNewswire/ -- The "Binder Excipients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global binder excipients market reached a value of US$ 1.2 Billion in 2018.

Binder excipients act as an adhesive to hold or bind granules, powders and other dry ingredients so as to impart necessary mechanical strength to pharmaceutical products. These excipients enable agglomeration of the powder into granules in the process known as granulation and also affect their properties, such as compaction, drug release, flow, solubility and strength.

Binder excipients are used during drug or medicine formulations to improve disintegration, bulkiness, bioavailability and dissolution rate of the drug. In addition to this, the excipients play a vital role in bringing additional value to the pharmaceutical products by improving their properties such as absorption and controlled release of the active ingredients.

The growing demand for various pharmaceutical products on account of ageing population and rising cases of chronic diseases acts as the major factor driving the binder excipients market worldwide. The recent patent expiries of a number of drugs is further projected to provide a positive thrust to the demand for binder excipients in generic drug manufacturing. Some of the other factors facilitating the market growth are advancements in nanotechnology, emergence of new excipients and rising demand for functionality excipients.

Looking forward, the market value is projected to reach a value of US$ 1.7 Billion by 2024, expanding at a CAGR of 5.3% during 2019-2024.

Market Summary:

Based on type, cellulosic excipients are the most popular product type, holding the majority of the total global market. Other major product types are lactose, polyols, povidones, starch and polysaccharides, and co-processed compressible excipients.
On the basis of application, the market has been segmented as tablets and capsules and solution based. Amongst these, tablets and capsules represent the largest segment of the global binder excipients market.
Region-wise, North America is the leading market, accounting for the majority of the total global market. It is followed by Asia Pacific and Europe. Other major regions include the Middle East and Africa, and Latin America.
The competitive landscape of the global binder excipients market has also been examined with some of the key players being Colorcon, Croda International, EMD Millipore, Dow Chemical, FMC BioPolymer, Fuji Chemical Industry and Ingredion.

Key Questions Answered in This Report:

How has the global binder excipients market performed so far and how will it perform in the coming years?
What are the key regions in the global binder excipients market?
Which are the popular product types in the global binder excipients market?
What are the key application segments in the global binder excipients market?
What are the various stages in the value chain of the global binder excipients market?
What are the key driving factors and challenges in the global binder excipients market?
What is the structure of the global binder excipients market and who are the key players?
What is the degree of competition in the global binder excipients market?
How are binder excipients manufactured?

Key Topics Covered:

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Binder Excipients Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Application
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.8 Value Chain Analysis
5.8.1 Overview
5.8.2 Research and Development
5.8.3 Raw Material Procurement
5.8.4 Manufacturing
5.8.5 Distribution
5.8.6 Export
5.8.7 End-Use
5.9 Porters Five Forces Analysis

6 Market Breakup by Product Type
6.1 Cellulosics
6.2 Lactose
6.3 Polyols
6.4 Povidones
6.5 Starch and Polysaccharides
6.6 Co-Processed Compressible Excipients
6.7 Others

7 Market Breakup by Application
7.1 Tablets and Capsules
7.2 Solution Based

8 Market Breakup by Region
8.1 North America
8.2 Asia Pacific
8.3 Europe
8.4 Middle East and Africa
8.5 Latin America

9 Binder Excipients Manufacturing Process
9.1 Product Overview
9.2 Raw Material Requirements
9.3 Manufacturing Process
9.4 Key Success and Risk Factors

10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 Colorcon
10.3.2 Croda International
10.3.3 EMD Millipore
10.3.4 Dow Chemical
10.3.5 FMC BioPolymer
10.3.6 Fuji Chemical Industry
10.3.7 Ingredion

For more information about this report visit https://www.researchandmarkets.com/r/spizic

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