Pharmaceutical Excipients Market is Expected to Reach $6.4 Billion, Globally, by 2020 Pharmaceuticals Excipients Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $6.4 billion by 2020, registering a CAGR of 7.6% during the period 2015-2020. Organic chemicals would continue to be the highest revenue-generating segment during the forecast period. North America and Europe will continue to be the lead revenue generating economies through 2020. These regions collectively accounted for about three-fourth of share in the global pharmaceutical excipients market in 2015. Binders segment generated highest revenue in 2015 and is anticipated to maintain this trend throughout the forecast period. This is attributed to the higher use of binders in pharmaceutical drugs as compared to fillers and diluents. However, fillers and diluents led this segment in terms of volume (units) in 2015 and accounted for about one fourth of the overall market.
Get sample copy of this report at: https://www.alliedmarketresearch.com/request-sample/1053.
North America accounted for about one third of the overall market revenue in 2015 owing to the presence of a large number of pharmaceutical companies.