Global Binders Excipients Market Growth 2023-2029

Global Binders Excipients Market Growth 2023-2029

Binders are used to hold or bind materials close enough so that they form a cohesive unit; binders also act as adhesives. Binder excipients are used during medicine or drug formulations. They are used to form granules of medical powders, which under compaction can take various shapes to form a compact mass, known as tablets.

LPI (LP Information)' newest research report, the “Binders Excipients Industry Forecast” looks at past sales and reviews total world Binders Excipients sales in 2022, providing a comprehensive analysis by region and market sector of projected Binders Excipients sales for 2023 through 2029. With Binders Excipients sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Binders Excipients industry.

This Insight Report provides a comprehensive analysis of the global Binders Excipients landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Binders Excipients portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Binders Excipients market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Binders Excipients and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Binders Excipients.

The global Binders Excipients market size is projected to grow from US$ 1154.3 million in 2022 to US$ 1678.9 million in 2029; it is expected to grow at a CAGR of 1678.9 from 2023 to 2029.

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. The US and Germany accounted for the major shares because of the presence of a large number of excipient manufacturers. Pharmaceutical companies are the major consumers of binder excipients.

This report presents a comprehensive overview, market shares, and growth opportunities of Binders Excipients market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Cellulosic
Co-Processed Compressible Excipients
Lactose
Polyols
Povidones
Starches and Polysaccharides
Others

Segmentation by application
Tablets/Capsules
Dry Form and Solvents
Wet Form

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ashland
BASF
Colorcon
Croda International
EMD Millipore
Dow Chemical
FMC BioPolymer
Fuji Chemical Industry
Ingredion

Key Questions Addressed in this Report

What is the 10-year outlook for the global Binders Excipients market?

What factors are driving Binders Excipients market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Binders Excipients market opportunities vary by end market size?

How does Binders Excipients break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.