(Food-Beverage-News.Com, October 04, 2017 ) Binders are used to hold or bind materials close enough so that they form a cohesive unit; binders also act as adhesives. Binder excipients are used during medicine or drug formulations. They are used to form granules of medical powders, which under compaction can take various shapes to form a compact mass, known as tablets.
The global binder excipients market has witnessed rapid growth over the past few years. The US and Germany accounted for the major shares because of the presence of a large number of excipient manufacturers. Pharmaceutical companies are the major consumers of binder excipients.
Publisher's analysts forecast the global binder excipients market to grow at a CAGR of 4.93% over the period 2015-2019.
This report covers the present scenario and the growth prospects of the global binder excipients market for the period 2015-2019. The report further provides data on the market based on the following:
- Types (cellulosic, co-processed compressible excipients, lactose, polyols, povidones, starches and polysaccharides, and others ) - Application (tablets/capsules: dry form and solvents: wet form) - Geography (Americas, APAC, Europe, and MEA)
Publisher's report, Global Binder Excipients Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report provides comments on both the existing market landscape and the growth prospects in the coming years. The report further includes a discussion of the key vendors operating in this market and uses Porter's generic strategies to explain the competitive nature of various vendors in the market.
