
World Excipients Market to Reach $6.4 Billion by 2020, Says Report
April 26, 2016.
The world pharmaceuticals excipients market will reach $6.4 billion by 2020, according to a report by Allied Market Research.
Among other findings, the study states that:
- Binders generated the highest revenue accounting for about two-seventh of the overall market revenue in 2015.
- Asia-Pacific is anticipated to be the fastest growing pharmaceutical excipients market, for both organic and inorganic chemicals, in terms of volume and revenue during 2015 and 2020.
- North America accounted for about one third of the overall market revenue in 2015 owing to the presence of large number of pharmaceutical companies.
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