March 28, 2020
Topical Excipients Market

Topical Excipients Market 2025| Lack of sanitation and unhealthy lifestyle has resulted in health complications

The global topical excipients market is expected to grow at a CAGR of 5.72 % from 2017 to 2025. 

Due to the complex anatomy of the skin, the selection of topical excipients used for transdermal drug delivery is very difficult. Physicochemical parameters of excipients such as molecular weight, hydrogen bonding, polarization and particle loading are properly considered for the transdermal drug delivery system. The combination of excipients that may change the stratum corneum to promote drug delivery is also being studied in the development of transdermal drug delivery products.

Organic chemicals find huge applications in drug formulations due to their enhanced compatibility with API and the ability to modify the physical and chemical characterization of the drug formulation. Inorganic chemicals fulfill their role as fillers and taste masking agents in the formulation of drugs due to their inert nature.

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Stabilizers and emulsifiers are widely used in the formulation of liquid and semi-solid drugs to prevent chemical and oxidative deterioration of the active pharmaceutical ingredient. Over the last two decades, surfactants have undergone chemical modification while in use in new drug delivery systems. Preservatives and buffers are useful for preventing microbial contamination and for extending the shelf life of the pharmaceutical formulation.

Domicile of pharmaceutical companies primarily engaged in the production of topical excipients and rising prevalence of chronic ailments requiring long term therapy regimen. Asia Pacific showcases tremendous potential to fortify its market share in topical excipients market on account of competitive market created due to domestic players and government healthcare agencies are proactively engaged in the development of medical facilities for the low and middle income population.

Manufacturers influencing the topical excipients market are Ashland, Inc., AkzoNobel, Roquette Group, BASF SE, J. M. Huber Corporation, The DOW Chemical Company, The Lubrizol Corporation, FMC Corporation, Evonik Industries AG, Merck Millipore, Associated British Foods Plc, Croda International Plc, and Archer Daniels Midland Company among others.

Key Market Movements:

  • Lack of sanitation and unhealthy lifestyle has resulted in health complications
  • Pharmaceutical companies are investing tremendous revenue in the formulation and development studies using different combinations of excipients
  • Competitive market created due to domestic players diligently working to capitalize regional topical excipients market

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