The binders excipients market share is expected to increase to USD 444.89 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.5%.
This binders excipients market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers binders excipients market segmentations by type (cellulosics, lactose, polyols, povidones, and others), application (tablets or capsules and solution-based), and geography (APAC, North America, Europe, Middle East and Africa, and South America). The binders excipients market report also offers information on several market vendors, including Asahi Kasei Corp., Ashland Global Holdings Inc., BASF SE, Beneo GmbH, CD Formulation, Colorcon Inc., DFE Pharma GmbH and Co. KG, DuPont de Nemours Inc., Evonik Industries AG, Fuji Chemical Industries Co. Ltd., Ingredion Inc., JRS PHARMA GmbH and Co. KG, Kerry Group Plc, Merck KGaA, Roquette Freres SA, Scope Ingredients Pvt. Ltd., and The Dow Chemical Co. among others.
What will the Binders Excipients Market Size be During the Forecast Period?

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Binders Excipients Market: Key Drivers, Trends, and Challenges
The increasing demand for cellulose-based binders is notably driving the binders excipients market growth, although factors such as loss of patents and patent expiry may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the binders excipients industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Binders Excipients Market Driver
- The increasing demand for cellulose-based binders is one of the key drivers fueling the binders excipients market growth.
- Binder excipients form an inherent part of the pharmaceutical industry.
- The demand for binder excipients is anticipated to increase rapidly during the forecast period, owing to their use in pharmaceutical drugs. These add volume to low-active-dose tablets and provide mechanical strength to the tablets.
- Several vendors are expanding their production capacity of cellulose-based binders. For instance, Asahi Kasei Corp. is one of the major vendors in Japan offering tablet binders. In January 2021, the company announced the plan to set up a second plant in Kurashiki city in Japan for the production of Ceolus, a cellulose-based binder. Such an increase in production will drive the binders excipients market growth during the forecast period.
Key Binders Excipients Market Trend
- Demand for new excipients to develop easily consumable drugs is one of the key binders excipients market trends supporting the market growth.
- The demand for novel excipients, new chemically modified grade excipients, existing excipients with diverse routes of administration, and co-processed excipients is increasing. These excipients enhance the scope for the creation of new formulations and drug delivery systems.
- The increasing demand for pharmaceutical drugs, such as generic drugs is increasing the demand for pharmaceutical excipients. To meet the growing demand, pharmaceutical companies are investing in the establishment or expansion of their manufacturing units.
- In October 2021, BENEO GmbH launched galenIQ 721, a filler binder for pharmaceutical tablets. The water-soluble excipient helps consumers swallow normal tablets easily. Such developments are expected to accelerate the growth of the binders excipients market in the region during the forecast period.
Key Binders Excipients Market Challenge
- Loss of patents and patent expiry is one of the factors hindering the binders excipients market growth.
- The loss of patents and patents getting expired eventually leads to an influx of generic products in the market and large players tend to lose their competitive edge and profit margins. This affects not only the businesses of end-users but also the growth of the market.
- Allegations associated with the infringement of patents and other intellectual property rights of third parties affect the business of pharmaceutical drug manufacturers.
- For instance, the patent of certain drugs, such as Entresto, Promacta, Rubraca, Mektovi, and Votrient, will expire in 2023. Generic drugs available for off-patent products will affect the sales of these companies. Thus, the patent expiration of pharmaceutical drugs will reduce the consumption of pharmaceutical excipients, including binders, which will hinder the growth of the global binders excipients market during the forecast period.
This binders excipients market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global binders excipients market as a part of the global specialty chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the binders excipients market during the forecast period.
Who are the Major Binders Excipients Market Vendors?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Asahi Kasei Corp.
- Ashland Global Holdings Inc.
- BASF SE
- Beneo GmbH
- CD Formulation
- Colorcon Inc.
- DFE Pharma GmbH and Co. KG
- DuPont de Nemours Inc.
- Evonik Industries AG
- Fuji Chemical Industries Co. Ltd.
- Ingredion Inc.
- JRS PHARMA GmbH and Co. KG
- Kerry Group Plc
- Merck KGaA
- Roquette Freres SA
- Scope Ingredients Pvt. Ltd.
- The Dow Chemical Co.
This statistical study of the binders excipients market encompasses successful business strategies deployed by the key vendors. The binders excipients market is fragmented and the vendors are deploying growth strategies such as product extensions, technological innovations, and M&A to compete in the market.
Product Insights and News
- Asahi-kasei.co.jp - The company offers binder excipient namely Ceolus.
- Ashland.com - The company offers binder excipient namely Nutrapress.
- Colorcon.com - The company offers binder excipient namely Starch 1500.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The binders excipients market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Binders Excipients Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the binders excipients market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Binders Excipients Market?

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48% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the binders excipients market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The increasing health consciousness among consumers will facilitate the binders excipients market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 severely affected the regional market. However, after lifting the lockdowns and travel bans, the demand for binder excipients increased. The demand for binder excipients further revived in 2021, owing to the production of COVID-19 medications. Also, the regional market is at the emerging stage, except for Japan and China, which will further boost the growth of the binders excipients regional market during the projected timeframe.
What are the Revenue-generating Type Segments in the Binders Excipients Market?

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The binders excipients market share growth by the cellulosics segment will be significant during the forecast period. Cellulosic or cellulose derivative-based binder excipients accounted for the largest market share in 2021. The cellulosics segment consists of hydroxypropyl methylcellulose (HPMC), hydroxypropylmethylcellulose acetate (HPMCAS), and microcrystalline cellulose (MCC). Primarily, HPMC is used as a binder and bioadhesive in pharmaceutical drugs. In the pharmaceutical industry, HPMC also acts as a compression aid and coating agent for tablets. Thus, the rising demand for HPMC across the world is likely to support the growth of the global binders excipients market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the binders excipients market size and actionable market insights on post COVID-19 impact on each segment.
Binders Excipients Market Scope
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Report Coverage
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Details
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Page number
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120
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Base year
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2021
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Forecast period
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2022-2026
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Growth momentum & CAGR
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Accelerate at a CAGR of 5.5%
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Market growth 2022-2026
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$ 444.89 million
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Market structure
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Fragmented
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YoY growth (%)
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5.05
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Regional analysis
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APAC, North America, Europe, Middle East and Africa, and South America
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Performing market contribution
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APAC at 48%
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Key consumer countries
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US, Canada, China, Japan, Germany, and UK
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Competitive landscape
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Leading companies, Competitive strategies, Consumer engagement scope
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Key companies profiled
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Asahi Kasei Corp., Ashland Global Holdings Inc., BASF SE, Beneo GmbH, CD Formulation, Colorcon Inc., DFE Pharma GmbH and Co. KG, DuPont de Nemours Inc., Evonik Industries AG, Fuji Chemical Industries Co. Ltd., Ingredion Inc., JRS PHARMA GmbH and Co. KG, Kerry Group Plc, Merck KGaA, Roquette Freres SA, Scope Ingredients Pvt. Ltd., and The Dow Chemical Co.
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Market dynamics
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Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
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Customization purview
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What are the Key Data Covered in this Binders Excipients Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive binders excipients market growth during the next five years
- Precise estimation of the binders excipients market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the binders excipients industry across APAC, North America, Europe, Middle East and Africa, and South America
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of binders excipients market vendors
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