Topical excipients refers as the inert substances that are added to the topical products in order to maintain stability of the product, to reduce viscosity and enhance solubility. Topical excipients are mostly support the active ingredients of the product and provide the shape to the product in terms of preservation, thickeners and other.
Topical excipients are the infuser to the drug market as most of the disease treatment drugs are formulated in the form of cream/gel. Topical excipient help in maintaining the pH of the skin surface and also prevent the aggregation or disaggregation of protein and other actives of polysaccharide. Topical drugs are easier to apply on the skin infections like that are caused to bacteria, virus and fungus.
Topical Excipients Market: Drivers & Restraints
Topical excipients market are novel market as the R&D for the new drug is of minimal investment. Topical excipients along with the active component of the drug can directly applied on the surface of the infection which show high result in treatment. Topical excipient has a solvent categories which are more interactive (glycerol, chlordiazepoxide hydrochloride) and humectants are also used to keep the skin infection moist as it’s a hydroscopic substance, it prevent the drying of the product on applying on the surface where the infection occurs.
The topical excipients are cost effective and feasible, that are driving the growth of the market. However, topical excipients are insoluble in some formulations and binding with drug are hindering the growth of the market. In some instances, topical products alone is not sufficient to treat various disease conditions and few formulations are not suitable for topical products are restraining the growth of market over the forecast period.
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Apart from this the market of topical excipients is a growing market as many players are launching their product in every years (Q7-9180 Silicone Fluid was launched by Dow Corning® in April 2014 to formulate cream and lotions, Capryol TM 90 was launched by Gattefosse pharmaceuticals to formulate ointments and emulsions).
Topical Excipients Market: Segmentation
Topical Excipients Market based on drug delivery system:
Topical Excipients Market are segmented based on ingredients include:
- Suppository bases
- Emollients and moisturisers
- Oils, fats and waxes
- Stability Enhancers
Topical Excipients Market are segmented based on Geography:
- North America
- Latin America
- Middle East and Africa
Topical Excipients Market are segmented based on end users:
- Pharmaceutical and Biotechnology Industry
- Academic/ Research labs
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Topical excipients has a huge market as they can be used in various drug formulations such as creams, gels, lotions, and inhalational among others. The topical excipients along with the active drug provide more interaction on the infected skin for the treatment of infection as it apply directly on the infections as it’s in the form of cream or ointment like (fungal infection treated by Ciclopirox Olamine, bacterial infection treated by Polymyxin B sulfate).
As a geography conditions the topical excipients is segmented into: North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. Asia-Pacific is a growing market as the research activities in topical formulations are growing in the region are expected to drive the market over the forecast period.
Some players in topical excipient market are Gattefosse pharmaceutical, Dow Corning®, Azelis, BASF SE.
The report covers exhaustive analysis on:
- Topical Excipients Market Segments
- Topical Excipients Market Dynamics
- Historical Actual Market Size, 2013 – 2016
- Topical Excipients Market Size & Forecast 2017 to 2025
- Topical Excipients Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Topical Excipients Market Drivers and Restraints
Regional analysis includes
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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- Shifting Industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size Recent industry trends
- Key Competition landscape
- Strategies of key players and product offerings