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 growing demand for various pharmaceutical products on account of ageing population and rising cases of chronic diseases acts as the major factor driving the binder excipients market worldwide. The recent patent expiries of a number of drugs is further projected to provide a positive thrust to the demand for binder excipients in generic drug manufacturing. Some of the other factors facilitating the market growth are advancements in nanotechnology, emergence of new excipients and rising demand for functionality excipients. 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.
The Global Binders Excipients Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023-2030.
As the report focuses on global Binders Excipients Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
Ashland
BASF
Colorcon
Croda International
EMD Millipore
Dow Chemical
FMC BioPolymer
Fuji Chemical Industry
Ingredion

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Cellulosic
Co-Processed Compressible Excipients
Lactose
Polyols
Povidones
Starches and Polysaccharides
Others

In Market segmentation by applications :
Tablets/Capsules
Dry Form and Solvents
Wet Form

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Binders Excipients Market for the forecast period 2023-2030?
• What are the driving forces in the Binders Excipients Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Binders Excipients industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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