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Topical Excipients Market is expected to grow at a CAGR of 5.72 % from 2017 to 2025

The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

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Market Insights

The selection of topical excipients used for transdermal drug delivery is very difficult due to the complex anatomy of skin. The physicochemical parameters of excipients such as molecular weight, hydrogen bonding, polarizability and particle charge are duly considered for making a transdermal drug delivery system. The combination of excipients that can change the stratum corneum to promote drug delivery is also studied for developing transdermal drug delivery products.

Organic chemicals find huge applications in drug formulations due to its enhanced compatibility with API and ability to modify the physical and chemical characterization of the drug formulation. Inorganic chemicals fulfill its role as fillers and taste masking agents in drug formulation owing to its inert nature.

Stabilizers and emulsifiers are widely used in liquid and semisolid drug formulation to prevent chemical and oxidative deterioration of active pharmaceutical ingredient. Surfactants have been subjected to chemical modification in the last 2 decades while its application in novel drug delivery systems. Preservatives and buffers are useful in preventing the microbial contamination and extending the shelf life of the pharmaceutical drug formulation.

Domicile of pharmaceutical companies primarily engaged in the production of topical excipients and rising prevalence of chronic ailments requiring long term therapy regimen. Asia Pacific showcases tremendous potential to fortify its market share in topical excipients market on account of competitive market created due to domestic players and government healthcare agencies are proactively engaged in the development of medical facilities for the low and middle income population.

Manufacturers influencing the topical excipients market are Ashland, Inc., AkzoNobel, Roquette Group, BASF SE, J. M. Huber Corporation, The DOW Chemical Company, The Lubrizol Corporation, FMC Corporation, Evonik Industries AG, Merck Millipore, Associated British Foods Plc, Croda International Plc, and Archer Daniels Midland Company among others.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Topical Excipients contains:

Analysis and forecast of Specialty Fats and Oils market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Specialty Fats and Oils market;

Assessment and forecast of Specialty Fats and Oils market development;

Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.

Scope

– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026

– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies

– Details of major planned Specialty Fats and Oils projects in the world up to 2026

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