Binder excipients are adhesives which binds together granules, powders and other ingredients and helps to provide mechanical strength to pharmaceutical products. Such form of excipients helps to enable agglomeration of the powder into granules with the help of the process called as granulation. This, further, promotes its properties, such as drug release, compaction, solubility and strength. Binder excipients are extensively used in preparation of drug or medicine and help to enhance bulkiness, disintegration, bioavailability and dissolution rate of the drug.
MARKET DYNAMICS
The binder excipients market has witnessed a significant growth owing to factors such as significant growth in pharmaceutical industry. Moreover, introduction of new excipients and growing demand for functionality excipients provides a huge market opportunity for the key players operating in the binder excipients market. However, lack of separate guidelines related to manufacturing is projected to hamper the overall growth of the binder excipients market.
MARKET SCOPE
The "Global Binder excipients Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the binder excipients market with detailed market segmentation by source, type, application, end-user and geography. The global binder excipients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading binder excipients market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global binder excipients market is segmented on the basis of source, type, application and end-user. On the basis of source, the binder excipients market is segmented into natural and synthetic. On the basis of type, the binder excipients market is segmented into cellulosics, lactose, polyols, povidones, starch and polysaccharides and others. Based on applications, the global binder excipients market is divided solution binder and dry binder. Based on end-user, the global binder excipients market is divided pharmaceutical companies, nutraceutical companies and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global binder excipients market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The binder excipients market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the binder excipients market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Binder excipients market in these regions.
MARKET PLAYERS
The reports cover key developments in the Binder excipients market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from binder excipients market are anticipated to lucrative growth opportunities in the future with the rising demand for binder excipients in the global market. Below mentioned is the list of few companies engaged in the binder excipients market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the binder excipients market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ashland
- BASF SE
- BENEO
- BPSI Holdings LLC
- DFE Pharma
- Dow Chemical
- Ingredion
- JRS PHARMA
- Kerry Inc.
- Lonza Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.