Global Sustained Release Excipients Market to Reach $1.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Sustained Release Excipients estimated at US$1 Billion in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027. Polymers, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$740 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Sugars segment is readjusted to a revised 5.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $303.7 Million, While China is Forecast to Grow at 5.3% CAGR
The Sustained Release Excipients market in the U.S. is estimated at US$303.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$266.7 Million by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.5% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
Alcohol Segment to Record 4.8% CAGR
In the global Alcohol segment, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$132.7 Million in the year 2020 will reach a projected size of US$184.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$174.1 Million by the year 2027.
Select Competitors (Total 43 Featured):
Amid the COVID-19 crisis, the global market for Sustained Release Excipients estimated at US$1 Billion in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027. Polymers, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$740 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Sugars segment is readjusted to a revised 5.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $303.7 Million, While China is Forecast to Grow at 5.3% CAGR
The Sustained Release Excipients market in the U.S. is estimated at US$303.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$266.7 Million by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.5% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
Alcohol Segment to Record 4.8% CAGR
In the global Alcohol segment, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$132.7 Million in the year 2020 will reach a projected size of US$184.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$174.1 Million by the year 2027.
Select Competitors (Total 43 Featured):
- Alkermes plc
- Allergan plc
- Aradigm Corporation
- AstraZeneca
- Capsugel
- Coating Place, Inc.
- Corium International, Inc.
- Depomed, Inc.
- GlaxoSmithKline plc
- Janssen Pharmaceuticals, Inc.
- Mayne Pharma Group Limited
- Mylan N.V.
- Novartis AG
- Orbis Biosciences, Inc.
- Pfizer, Inc.
- Sun Pharmaceutical Industries Ltd.
- Teva Pharmaceutical Industries Ltd.
- Valeant Pharmaceuticals International, Inc.
Frequently Asked Questions about the Global Market for Sustained Release Excipients
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| Report Attribute | Details |
|---|---|
| Published | April 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD ) in 2020 | $ 1 Billion |
| Forecasted Market Value ( USD ) by 2027 | $ 1.5 Billion |
| Compound Annual Growth Rate | 6.0% |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alkermes plc
- Allergan plc
- Aradigm Corporation
- AstraZeneca
- Capsugel
- Coating Place, Inc.
- Corium International, Inc.
- Depomed, Inc.
- GlaxoSmithKline plc
- Janssen Pharmaceuticals, Inc.
- Mayne Pharma Group Limited
- Mylan N.V.
- Novartis AG
- Orbis Biosciences, Inc.
- Pfizer, Inc.
- Sun Pharmaceutical Industries Ltd.
- Teva Pharmaceutical Industries Ltd.
- Valeant Pharmaceuticals International, Inc.
