NEW YORK , Nov. 22, 2022 /PRNewswire/ -- The "Binders Excipients Market by Type (Cellulosics, Lactose, Polyols, Povidones, and Others), Application (Tablets or capsules and Solution-based), and Geography (APAC, North America , Europe , Middle East , and Africa , and South America ) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the binders excipients market size between 2021 and 2026 is USD 444.89 million . To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE Sample Report.
The cellulosics segment will be a significant contributor to market growth during the forecast period. This segment comprises hydroxypropylmethylcellulose acetate (HPMCAS), hydroxypropyl methylcellulose (HPMC), and microcrystalline cellulose (MCC). HPMC is used as a binder and bioadhesive in pharmaceutical drugs. It also acts as a compression aid and coating agent for tablets. Thus, the increasing demand for HPMC worldwide is likely to support the growth of the global binders excipients market during the forecast period. carboxymethyl cellulose powder
APAC will be the leading region with 48% of the market's growth during the forecast period. China and Japan are the key countries for the binders excipients market in APAC. - Request a FREE PDF Sample Report for additional insights into the contribution of all the segments and regional opportunities in the report
Major Vendors and their Offerings
Asahi Kasei Corp. - The company offers a binder excipient, namely Ceolus.
Ashland Global Holdings Inc. - The company offers a binder excipient, namely Nutrapress.
BASF SE - The company offers binder excipients such as Kollidon VA 64, Kollicoat SR 30 D, and Kolliphor P 188 Bio.
Colorcon Inc. - The company offers a binder excipient, namely Starch 1500.
DuPont de Nemours Inc. - The company offers a binder excipient, namely Avicel.
Ingredion Inc. - The company offers starch-based binder excipients for pharmaceutical and nutraceutical companies.
DFE Pharma GmbH and Co. KG
Fuji Chemical Industries Co. Ltd.
JRS PHARMA GmbH and Co. KG
This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now for detailed vendor information
The increasing demand for cellulose-based binders is driving market growth. Binder excipients are an important part of the pharmaceutical industry. The demand for binder excipients is anticipated to grow rapidly during the forecast period, owing to their use in pharmaceutical drugs. They add volume to low-active-dose tablets and provide mechanical strength to tablets. Various vendors are expanding their production capacity of cellulose-based binders. For instance, in January 2021 , Asahi Kasei Corp. announced a plan to set up a second plant in Kurashiki, Japan , for the production of Ceolus, a cellulose-based binder. Thus, the increase in production will drive market growth during the forecast period.
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Accelerate at a CAGR of 5.5%
APAC, North America, Europe, Middle East and Africa, and South America
US, Canada, China, Japan, Germany, and UK
Leading companies, competitive strategies, consumer engagement scope
Asahi Kasei Corp., Ashland Global Holdings Inc., BASF SE, Beneo GmbH, CD Formulation, Colorcon Inc., DFE Pharma GmbH and Co. KG, 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, Scope Ingredients Pvt. Ltd., and The Dow Chemical Co.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
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3.4 Market outlook: Forecast for 2021-2026
5.3 Cellulosics - Market size and forecast 2021-2026
5.4 Lactose - Market size and forecast 2021-2026
5.5 Polyols - Market size and forecast 2021-2026
5.6 Povidones - Market size and forecast 2021-2026
5.7 Others - Market size and forecast 2021-2026
6.3 Tablets or capsules - Market size and forecast 2021-2026
6.4 Solution-based - Market size and forecast 2021-2026
8.3 APAC - Market size and forecast 2021-2026
8.4 North America - Market size and forecast 2021-2026
8.5 Europe - Market size and forecast 2021-2026
8.6 Middle East and Africa - Market size and forecast 2021-2026
8.7 South America - Market size and forecast 2021-2026
8.8 China - Market size and forecast 2021-2026
8.9 US - Market size and forecast 2021-2026
8.10 Japan - Market size and forecast 2021-2026
8.11 Germany - Market size and forecast 2021-2026
8.12 UK - Market size and forecast 2021-2026
8.13 Canada - Market size and forecast 2021-2026
9.3 Impact of drivers and challenges
12.3 Currency conversion rates for US$
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