Excipients are usually inactive materials used as binders for active constituents in therapeutic medicines. Usually, the active constituents are not absorbed by the system of the human body and hence the utilization of excipients is necessary for effective drug deliverance. This material being dormant in nature does not have beneficial effect on the functionality of the drug. Along with binding these Excipients are utilized in different kinds of functionalities like colorants, coating, flavors, sweeteners, fillers and preservatives.
Polymer excipients are the biggest used excipients and it contributed for over half of the worldwide share of the polymer excipients market. Polymer excipients are bifurcated into different kinds of materials based on the item section. The main item section includes Hydroxypropyl Methylcellulose, Polyethylene Glycol, Methyl Cellulose, Micro Crystalline Cellulose, Micro Crystalline Cellulose, Ethyl Cellulose, Sodium Starch Glycolate and Starch. Micro Crystalline Cellulose and Starch are the largely used polymer excipients. Combined they contributed to about more than half of the total worldwide consumption of the polymers excipients in year 2012. They are mostly used due to their manifold functionalities in terms of their uses & applications. Both of them are used as lubricants, binders and fillers in medical formulations. Polyvinylpyrrolidone also referred to as providone is predicted to be a main section for the polymer excipients market owing to its exceptional capability of the material to be easily absorbed by the system of body.
The enhanced medical infrastructure has resulted in rise in demand for pharmaceutical medicines. The increasing demand for pharmaceuticals combined with growing geriatric population is predicted to be a key motivator for the growth and expansion of the global polymer excipients market. Further, the rising use of polymer excipients in oral solid dosage form has led to enhanced demand for polymer excipients mostly utilized in oral solid dosage forms.
The market report provides detailed information about the macroeconomic conditions as well as microeconomic conditions of the global polymer excipients market that helps the existing customers as well as the new entrants/new entrepreneurs to take accurate business decisions that would enhance their business growth resulting in business prosperity by increasing their profits.
The main firm profiled in this market study report includes Evonik Corporation, Cargill, Dow Chemical Company, Archer Daniel Midland Corporation, BASF and Abitec Corporation.
Global Market Estimate and Forecast, 2012 - 2022 (USD Million)
Research Methodology, Importance and Sources
Polymer Excipients Market Industry Position
Polymer Excipients Market Application View
Polymer Excipients Market Regional View