Biological Excipients Market: Global Industry Analysis And Forecast (2023-2029)

Global Biological Excipients Market size was valued at US$ 1.21 Bn in 2022 and the total revenue is expected to grow at 5.9 % through 2023 to 2029, reaching nearly US$ 1.82 Bn.

Biological Excipients Market Overview:

Biologic excipients are compounds excluding the pharmacologically active drug component that are used in the synthesis of biologic drugs or are found in the dosage form of a finished pharmaceutical product. They help with formulation design and have a variety of functions, including boosting flow ability, improving flow ability, and increasing compressibility. The biologic excipients market is developing due to rising demand for prolonged or sustained-release formulations and increasing demand for biologic excipients. During the projected period, growing regulatory stringency regarding medication and excipient approval is expected to restrain the market's growth. Patient safety is dependent on the quality of pharmaceutical excipients throughout their life cycle. Low-quality excipients' effects, such as decreased API solubility, have enhanced the necessity of managing many parts of the excipient life cycle, such as design, production and transportation.Biological Excipients MarketTo know about the Research Methodology :- Request Free Sample Report

Biological Excipients Market Dynamics:

Rising demand for generic medicine manufacturing, the Biologic Excipients market is expected to grow. Generic medications are exact copies of brand-name drugs that are sold at a lesser cost. These medications give the same quantity, potency, and quality of medication, contributing for more than 80% of prescriptions filled in the United States. This scenario helps the biologic excipients industry by increasing demand for biological excipients used in the manufacture of generic pharmaceuticals. Furthermore, Asian countries with high disease prevalence are expected to see a surge in generic drug demand. For example, the Indian population relies heavily on generic pharmaceuticals since they are inexpensive. Increasing demand for biological excipients with growing demand for extended release and sustained release formulation are driving the growth of Biological Excipients Market. According to the California Biomedical Research Association (CBRA), a medicine takes an average of 12 years to get from the lab to the patient, with toxicology studies alone taking 1–6 years. In addition, only 5 out of every 5,000 medications that start in preclinical testing make it to human testing. Only one of these has been approved for human use. Additionally, late-stage failures in the drug development process raise R&D expenses and reduce pharmaceutical companies' profit margins. As laws on the quality and safety of excipients and medicines become more stringent, present manufacturing and quality assurance processes must be upgraded, increasing the overall manufacturing cost. These Cost and time intensive drug development process restraint the Biological Excipients market globally. Lucrative pharmaceutical market is becoming challenging from growth prospective because of diminishing drug pipeline government induced pressure on healthcare cost and increasing regulation on innovative products. Manufacturers can benefit from low-cost manufacturing as well as financial advantages such as favorable tax rates and lax regulatory rules for manufacturing. Many large excipient manufacturers are either planning capacity expansions of their existing operations in rising markets, such as China and India, or establishing new production units in emerging regions.

Segment Analysis:

The Biological Excipients Market is segmented by Product Type, Excipients Type and Formulation. Based on the Product Type, the Biological Excipients Market is segmented into Organic, Inorganic and others. Organic segment accounted for the largest segmental revenue for Biologic Excipients Market and expected to witness significant growth during the forecast period. The specificity of organic excipients that help the drug distribution process can be linked to the significant segmental growth. Organic biologic excipients improve the final drug's bioavailability. In addition, organic excipients are less expensive than inorganic excipients and have excellent binding qualities. Based on the Excipients type, the Biological Excipients Market is segmented into Polymer, Sugar Alcohol, Polysorbates, Inorganic Salt, and Amino Acid. Polymer Excipients segment is anticipated to lead the Biological Excipients market during the forecast period 2023 to 2029.These Polymer Excipients accounts for highest revenue share and anticipated to witness a growth rate of 3.7% during the forecast period. Inorganic salt segment expected for the second highest revenue share by the end of 2029. As increasing demand for the excipients in the Pharmaceutical industries are contributing into the Global Biological Excipients Market. Based on Formulation type, the Biological Excipients Market as Formulation is sub segmented into the Oral, Parenteral, Topical and Others. Oral Formulation segment is accounted for the highest revenue of the Biological Excipients Market in 2022 and it’s poised to hold the highest growth rate with CAGR 6.89% over the forecast period in 2023-2029. The growth is driven by the fact that oral formulations generally require more excipients than other forms throughout the medication development process, and it is being supported by pharm a manufacturers adopting a more patient-centric approach. According to a survey, solid tablet formulations account for almost 90% of all formulations on the market. Market players have focused on emerging technology to make the process of producing high-quality oral formulations easier.

Regional Insights:

North America is the major region dominating the Biological Excipients Market with the market share 37.16% in the year 2022. This is dependent on a number of factors, including the existence of significant players, increase in drug research, and a large population base. Because of the rising prevalence of chronic diseases such as cancer and diabetes, the biologic excipients sector in the United States is expected to grow rapidly throughout the analyzed period. According to the National Cancer Institute, nearly 1.7 million new cancer cases were diagnosed in 2022, with the number expected to rise in the near future. This scenario is advantageous to the industry's growth because it increases demand for biological pharmaceuticals. Furthermore, a better regulatory environment will benefit the industry's growth. Regulatory agencies are developing. Asia-Pacific is expected to be the fastest-growing market during the projection period of 2023-2029. China, India, and South Korea, for example, are heavily active in the development of biological drug in this region. Affordability, a good regulatory environment, cost advantages, and the presence of a huge population base are all reasons for the widespread development of biological drug. As a result, biological drug development requires the use of biological excipients to assure medication stability. The objective of the report is to present a comprehensive analysis of the Biological Excipients Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Biological Excipients Market dynamic, structure by analyzing the market segments and project the Biological Excipients Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Biological Excipients Market make the report investor’s guide.

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Biological Excipients Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 1.21 Bn.
Forecast Period 2023 to 2029 CAGR: 5.9% Market Size in 2029: US $ 1.82 Bn.
Segments Covered: by Product Type Organic Inorganic Other
by Excipients Type Polymer Sugar Alcohol Polysorbates Inorganic Salts Amino Acid Others
by Formulation Type Oral Topical Parenteral Other

Biological Excipients Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest) South America (Brazil, Argetina and Rest of South America)

Biological Excipients Market Key Players

1. Ashland Inc. 2. BASF Corporation 3. Colorcon Inc. 4. Evonik Industries 5. FMC Corporation 6. Roquette Frères 7. Signet Chemical Corporation Pvt. Ltd. 8. The Archer Daniels Midland Company 9. The Dow Chemical Company 10. Wacker Chemie AG. 11. Merck KGaA 12. Colorcon 13. BASF SE 14. Associated British Foods plc 15. Signet Excipients Pvt. Ltd (IMCD) 16. Sigachi Industries Limited 17. Spectrum Chemical Manufacturing Corp. 18. Roquette Frères 19. IMCD 20. Clariant

Frequently Asked Questions:

1] Which segments are covered in Biological Excipients Market report? Ans. The segments covered in Biological Excipients Market report are based on Product Type, Excipients Types and Formulation Type. 2] Which region is expected to hold the highest share in the Biological Excipients Market? Ans. North America is expected to hold the highest share in the Biological Excipients Market. 3] What is the market size of Biological Excipients Market by 2029? Ans. The market size of Biological Excipients Market by 2029 is US $ 1.82 Bn. 4] Who are the top key players in the Biological Excipients Market? Ans. FMC Corporation, Roquette Frère, Signet Chemical Corporation Pvt. Ltd. The Archer Daniels Midland Company, The Dow Chemical Company, Wacker Chemie AG, Merck KGaA, Colorcon, BASF SE, Associated British Foods plc, Signet Excipients Pvt. Ltd (IMCD), Sigachi Industries Limited 5] What was the market size of Biological Excipients Market in 2022? Ans. The market size of Biological Excipients Market in 2022 was US $ 1.21 Bn.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Biological Excipients Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Biological Excipients Market 3.4. Geographical Snapshot of the Biological Excipients Market , By Manufacturer share 4. Biological Excipients Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Biological Excipients Market 5. Supply Side and Demand Side Indicators 6. Biological Excipients Market Analysis and Forecast, 2022-2029 6.1. Biological Excipients Market Size & Y-o-Y Growth Analysis. 7. Biological Excipients Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 7.1.1. Organic 7.1.2. Inorganic 7.1.3. Other 7.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 7.2.1. Polymer 7.2.2. Sugar Alcohol 7.2.3. Polysorbates 7.2.4. Inorganic Salts 7.2.5. Amino Acid 7.2.6. Others 7.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 7.3.1. Oral 7.3.2. Topical 7.3.3. Parenteral 7.3.4. Other 8. Biological Excipients Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Biological Excipients Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 9.1.1. Organic 9.1.2. Inorganic 9.1.3. Other 9.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 9.2.1. Polymer 9.2.2. Sugar Alcohol 9.2.3. Polysorbates 9.2.4. Inorganic Salts 9.2.5. Amino Acid 9.2.6. Others 9.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 9.3.1. Oral 9.3.2. Topical 9.3.3. Parenteral 9.3.4. Other 10. North America Biological Excipients Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Biological Excipients Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 12. Canada Biological Excipients Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 13. Mexico Biological Excipients Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 14. Europe Biological Excipients Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 15. Europe Biological Excipients Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Biological Excipients Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 17. France Biological Excipients Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 18. Germany Biological Excipients Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 19. Italy Biological Excipients Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 20. Spain Biological Excipients Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 21. Sweden Biological Excipients Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 22. CIS Countries Biological Excipients Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 23. Rest of Europe Biological Excipients Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 24. Asia Pacific Biological Excipients Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 25. Asia Pacific Biological Excipients Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates &Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Biological Excipients Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 27. India Biological Excipients Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 28. Japan Biological Excipients Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 29. South Korea Biological Excipients Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 30. Australia Biological Excipients Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 31. ASEAN Biological Excipients Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 32. Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 33. Middle East Africa Biological Excipients Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 34. Middle East Africa Biological Excipients Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Biological Excipients Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 36. GCC Countries Biological Excipients Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 37. Egypt Biological Excipients Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 38. Nigeria Biological Excipients Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 39. Rest of ME&A Biological Excipients Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 40. South America Biological Excipients Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 41. South America Biological Excipients Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Biological Excipients Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 43. Argentina Biological Excipients Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 44. Rest of South America Biological Excipients Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product Type , 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Excipients Type, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Formulation Type, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Biological Excipients Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Ashland Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. BASF Corporation 45.3.3. Colorcon Inc. 45.3.4. Evonik Industries 45.3.5. FMC Corporation 45.3.6. Roquette Frères 45.3.7. Signet Chemical Corporation Pvt. Ltd. 45.3.8. The Archer Daniels Midland Company 45.3.9. The Dow Chemical Company 45.3.10. Wacker Chemie AG. 45.3.11. Merck KGaA 45.3.12. Colorcon 45.3.13. BASF SE 45.3.14. Associated British Foods plc 45.3.15. Signet Excipients Pvt. Ltd (IMCD) 45.3.16. Sigachi Industries Limited 46. Primary Key Insights
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