Global Binders Excipients Market 2024-2028
Binders Excipients Market 2024-2028
The binders excipients market is forecasted to grow by USD 354.5 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the binders excipients market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for cellulose-based binders, growth in the pharmaceutical industry, and growth in geriatric population increasing the demand for pharmaceutical drugs and binders.
Technavio's binders excipients market is segmented as below:
By Type
- Cellulosics
- Lactose
- Polyols
- Povidones
- Others
By Application
- Tablets or capsules
- Solution-based
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the demand for new excipients to develop easily consumable drugs as one of the prime reasons driving the binders excipients market growth during the next few years. Also, rising demand for polymer excipients and application of natural gum as binder excipient will lead to sizable demand in the market.
The report on the binders excipients market covers the following areas:
- Binders excipients market sizing
- Binders excipients market forecast
- Binders excipients market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading binders excipients market vendors that include Asahi Kasei Corp., Ashland Inc., BASF SE, Beneo GmbH, CD Formulation, Colorcon Inc., DFE Pharma GmbH and Co. KG, Dow Chemical Co., DuPont de Nemours Inc., Evonik Industries AG, Fuji Chemical Industries Co. Ltd., Ingredion Inc., JRS PHARMA GmbH and Co. KG, Kerry Group PLC, Merck KGaA, Roquette Freres SA, and Scope Ingredients Pvt. Ltd.. Also, the binders excipients market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.