World Market For Excipient Chemicals Will Reach $4.3 billion by 2011, Says New Report

PRLog (Press Release) - Dec 18, 2007 -
Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which finds that the global market for excipient chemicals will be worth $4.3 billion by 2011.  

In addition, "Excipients In Pharmaceuticals”, (www.reportbuyer.com/go/BCC00139) reports that this market was worth $3.5 billion in 2006 and will display a compound annual growth rate (CAGR) of 3.8% to cross the four billion dollar mark, in four years.

Excipients perform clear and significant functions that enhance the
efficacy of the active pharmaceutical ingredients (APIs) in a finished

product. Analysts point out that the pharmaceutical industry is refining the physical structure of APIs and designing them with more functionality; this means that in some cases, the refinements mean that fewer excipients are needed.  Refinements in APIs, for example, have brought about a downward shift for binders, which were once
widely used.

Authors of the report say that the excipient chemical market is broken down into applications of organic, inorganic and United States Pharmacopeia (USP) water chemicals. Of these, organic chemicals have the largest share of the market. Valued at nearly $3.1 billion in 2006, this segment is expected to be worth $3.7 billion by 2011, a CAGR of 3.8%.

The study predicts that the second largest segment, inorganic chemicals, which was worth an estimated $363 million in 2006, will reach $434 million by 2011. The report also expects USP water, which was a $68 million segment in 2006 to be worth $89 million in 2011, a CAGR of 5.4%.

"Excipients In Pharmaceuticals” is available from Report Buyer.
For more information go to:

http://www.reportbuyer.com/pharma_healthcare/generic_drug...

Report Buyer product ID: BCC00139