Sustained Release Excipients Market Trends 2022 | Segmentation, Outlook, Industry Report to 2032

 Local manufacturers who compete on the basis of price in the market generally control the sustained release excipients industry. The market’s fragmentation reduces the profitability of the company. The income potential for the international manufacturers of pharmaceutical excipients have expanded, however, due to rising knowledge of sustained release excipients and a lack of test specificity and sensitivity for sustained release excipients produced by local businesses.

In the global market for sustained release excipients, businesses like BASF Corporation, Ashland Global Holdings Inc., and The Dow Chemical Company account for more than 42.8% of the market’s revenue. To boost the penetration of their products in the sustained release excipients industry, the companies active in this sector are partnering with regional distributors.

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Research identifies the largest revenue shareholding categories in sustained release excipients marketplace on the basis of product type, end user, and route of administration.

·         Polymer is currently the largest product type category worth US$ 300 Mn, whereas gelatin represents the most opportunistic one.

·         While oral route of administration remains highly sought after, injectable is presumed to gradually take over.

·         Biopharmaceutical companies and CMOs pose fierce competition to pharmaceutical companies – the dominant end user of sustained release excipients.

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