Market Size of Polymer Excipients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 6.00 % |
| Fastest Growing Market | Europe |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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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.
