Polymer Excipients Market Size (2024 - 2029)

The Polymer Excipients market is anticipated to experience significant growth, driven by the expanding pharmaceuticals industry and increased demand from coatings applications. However, the market's expansion may be challenged by stringent regulatory requirements and quality concerns. The rising trend of biopharmaceuticals presents promising opportunities for market growth. Among product types, polyvinylpyrrolidone is expected to lead the market due to its versatile applications. Europe currently holds a dominant position in the market, with substantial consumption in countries like Germany, the United Kingdom, and France.

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Market Size of Polymer Excipients Industry

Polymer Excipients Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 6.00 %
Fastest Growing Market Europe
Largest Market Europe
Market Concentration Low

Major Players

Polymer Excipients Market Key players

*Disclaimer: Major Players sorted in no particular order

Polymer Excipients Market Analysis

The market for Polymer Excipients is expected to grow at a CAGR of over 6% during the forecast period. Major factors driving the market studied are growing pharmaceuticals industry and rising demand for polymer excipients from coatings application. On the flipside, stringent rules by regulatory bodies and concerns to meet the required quality of product are the major restraints, which are expected to hinder the growth of market.

  • Rising trend for biopharmaceuticals across the globe is expected to offer various lucrative opportunities for the growth of market.
  • By product type, polyvinylpyrrolidone (povidone) segment is expected to dominate the market owing to the increase in the demand due to its multifunctional abilities.
  • Europe region dominated the polymer excipients market across the globe with the largest consumption from countries such as Germany, United Kingdom, and France.

Polymer Excipients Industry Segmentation

The Polymer Excipients market report includes:

Product Type
Polyvinylpyrrolidone
Polyethylene Glycol
Starch
Micro Crystalline Cellulose (MCC)
Ethyl and Methyl Cellulose
Hydroxypropyl Methylcellulose (HPMC)
Others
Application
Binders
Viscosity Modifiers
Coatings
Flavors
Preservatives
Colorants
Sweeteners
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Polymer Excipients Market Size Summary

The Polymer Excipients market is poised for significant growth, driven by the expanding pharmaceuticals industry and the increasing demand for polymer excipients in coatings applications. Despite challenges posed by stringent regulatory requirements and quality concerns, the market is expected to benefit from the rising trend of biopharmaceuticals, which presents lucrative opportunities for expansion. The polyvinylpyrrolidone (povidone) segment is anticipated to lead the market due to its multifunctional capabilities and growing demand in the pharmaceutical sector. This segment's superior properties, such as excellent solubility and film-forming abilities, make it a preferred choice for various applications, including tablets, capsules, and injections, thereby propelling market growth.

Europe is expected to maintain its dominance in the polymer excipients market, with significant consumption in countries like Germany, the United Kingdom, and France. The region's growing pharmaceutical industry, coupled with an increasing elderly population and rising demand for applications such as binders and coating agents, is driving the market. The increased use of excipients in oral solid dosage forms and advancements in medical infrastructure further contribute to market expansion. The presence of major companies like BASF SE, Dow, and Evonik Industries AG, along with government support, is expected to bolster the market's growth trajectory during the forecast period.

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Polymer Excipients Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Pharmaceutical Industry

      2. 1.1.2 Rising Demand for Polymer Excipients from Coatings Application

    2. 1.2 Restraints

      1. 1.2.1 Stringent Rules by Regulatory Bodies

      2. 1.2.2 Concerns to Meet the Required Quality of Product

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porters Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Product Type

      1. 2.1.1 Polyvinylpyrrolidone

      2. 2.1.2 Polyethylene Glycol

      3. 2.1.3 Starch

      4. 2.1.4 Micro Crystalline Cellulose (MCC)

      5. 2.1.5 Ethyl and Methyl Cellulose

      6. 2.1.6 Hydroxypropyl Methylcellulose (HPMC)

      7. 2.1.7 Others

    2. 2.2 Application

      1. 2.2.1 Binders

      2. 2.2.2 Viscosity Modifiers

      3. 2.2.3 Coatings

      4. 2.2.4 Flavors

      5. 2.2.5 Preservatives

      6. 2.2.6 Colorants

      7. 2.2.7 Sweeteners

      8. 2.2.8 Others

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 Italy

        4. 2.3.3.4 France

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Polymer Excipients Market Size FAQs

The Polymer Excipients Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)

BASF SE , Evonik Industries AG, Dow, ABITEC and Cargill, Incorporated. are the major companies operating in the Polymer Excipients Market.

Polymer Excipients Report Snapshots

Polymer Excipients Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)