Europe Pharmaceutical Excipients Market is to hit a value of $2.27 billion by 2022.
Europe Pharmaceutical Excipients Market by Product (Organic Chemicals and Inorganic Chemicals), by Functionality by Formulation Type by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2022)
(EMAILWIRE.COM, March 16, 2018 ) The Europe Pharmaceutical Excipients Market was worth $1.7 billion in 2017 and estimated to be growing at a CAGR of 5.92%, to reach $2.27 billion by 2022. An excipient is a natural or synthetic constituent formulated alongside the active ingredient of a medication, included for the purpose of inducing and catalysing a wide range of physical and chemical properties.
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The Europe market for Pharmaceutical Excipients is broadly categorized by Product, by Functionality and by Formulation Type. Based on Product it is further categorized into Organic Chemicals (Oleochemicals, Carbohydrates, Petrochemicals, Proteins, Other Organic Chemicals) and Inorganic Chemicals (Calcium Phosphates, Metal Oxides, Halites, Calcium Carbonates, Calcium Sulphates, Other Inorganic Chemicals).
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Based on Functionality the Pharmaceutical Excipients are divided into subcategories like Fillers & Diluents, Binders, Suspension & Viscosity Agents, Coatings, Disintegrants, Flavouring Agents, Lubricants & Glidants, Colorants, Preservatives, Others). On basis of type of formulations, it is segmented into Oral Formulations, Topical Formulations, Parenteral Formulations and Advanced Delivery Systems. The fillers & diluents segment accounted for the largest share of the pharmaceutical excipients market while the lubricant & Glidants segment will witness the highest growth.
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On the basis of geography, the Europe market is analysed under various regions namely UK, Italy, Spain, Germany and France. Europe market is in congruence with North America and occupies the majority of the share in global market, accounting for almost 1/3 of the revenue. Despite that, growth is hindered here due to maturity of the market.
Increasing incidences of chronic diseases owing to sedentary life style, hefty investments by the pharmaceutical companies in development of medicines, implementing new novelties like nanotechnology are the major driving forces of the market. However, decreasing the side-effects of drugs and developing environmental friendly manufacturing processes are the major challenges faced by the pharmaceutical industry.
Proper expansion strategies, launching new product pipeline would be a lucrative opportunity for the companies operating in this industries but the growth of the market is stalled to a certain level by the fact that investments in R&D by major companies are not up to the required level and increasing regulatory requirements are making it increasingly hard to get new manufacturing facilities approved which are definite threats to overcome.
Emerging players in this market are giving a stiff competition to the top 10 players who occupy more than 2/3 of the total market. It can be attributed to the rapid growth of the market and opportunities it possesses in developing countries. Some of the key players operating in the field are Ashland Inc., AkzoNobel, Archer Daniels Midland Company, Associated British Foods PLC, BASF SE, Colorcon, Inc., Croda International PLC, Evonik Industries AG, FMC Corporation, Innophos Holdings Inc., J.M. Huber Corporation, Merck Millipore, Roquette Group, The DOW Chemical Company and Lubrizol Corporation.
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Sales Manager (International Business Development)
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View full report @ https://www.marketdataforecast.com/market-reports/europe-pharmaceutical-excipients-market-369/
The Europe market for Pharmaceutical Excipients is broadly categorized by Product, by Functionality and by Formulation Type. Based on Product it is further categorized into Organic Chemicals (Oleochemicals, Carbohydrates, Petrochemicals, Proteins, Other Organic Chemicals) and Inorganic Chemicals (Calcium Phosphates, Metal Oxides, Halites, Calcium Carbonates, Calcium Sulphates, Other Inorganic Chemicals).
Request free sample report @ https://www.marketdataforecast.com/market-reports/europe-pharmaceutical-excipients-market-369/request-sample
Based on Functionality the Pharmaceutical Excipients are divided into subcategories like Fillers & Diluents, Binders, Suspension & Viscosity Agents, Coatings, Disintegrants, Flavouring Agents, Lubricants & Glidants, Colorants, Preservatives, Others). On basis of type of formulations, it is segmented into Oral Formulations, Topical Formulations, Parenteral Formulations and Advanced Delivery Systems. The fillers & diluents segment accounted for the largest share of the pharmaceutical excipients market while the lubricant & Glidants segment will witness the highest growth.
Inquire before buying @ https://www.marketdataforecast.com/market-reports/europe-pharmaceutical-excipients-market-369/inquire
On the basis of geography, the Europe market is analysed under various regions namely UK, Italy, Spain, Germany and France. Europe market is in congruence with North America and occupies the majority of the share in global market, accounting for almost 1/3 of the revenue. Despite that, growth is hindered here due to maturity of the market.
Increasing incidences of chronic diseases owing to sedentary life style, hefty investments by the pharmaceutical companies in development of medicines, implementing new novelties like nanotechnology are the major driving forces of the market. However, decreasing the side-effects of drugs and developing environmental friendly manufacturing processes are the major challenges faced by the pharmaceutical industry.
Proper expansion strategies, launching new product pipeline would be a lucrative opportunity for the companies operating in this industries but the growth of the market is stalled to a certain level by the fact that investments in R&D by major companies are not up to the required level and increasing regulatory requirements are making it increasingly hard to get new manufacturing facilities approved which are definite threats to overcome.
Emerging players in this market are giving a stiff competition to the top 10 players who occupy more than 2/3 of the total market. It can be attributed to the rapid growth of the market and opportunities it possesses in developing countries. Some of the key players operating in the field are Ashland Inc., AkzoNobel, Archer Daniels Midland Company, Associated British Foods PLC, BASF SE, Colorcon, Inc., Croda International PLC, Evonik Industries AG, FMC Corporation, Innophos Holdings Inc., J.M. Huber Corporation, Merck Millipore, Roquette Group, The DOW Chemical Company and Lubrizol Corporation.
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast
Abhishek shukla
Tel: 9985550206
Email us
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Market Data Forecast
Abhishek shukla
Tel: 9985550206
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results