Copovidone Market Snapshot (2022-2032)

[250 Pages Report] The global copovidone market is estimated to register remarkable growth, expanding at a CAGR of around 9% to 10% during the forecast period 2022-2032. Increasing demand for non-toxic, and pharmaceutically inactive thickening and binding agents across diverse industries is expected to accelerate the sales of copovidone in the global market.

Report Attribute Details
Copovidone Market Projected Growth Rate (2022 to 2032) 9% to 10% CAGR

Copovidone is an analog of povidone which is commonly used as a fining agent, tablet binder, emulsifier, and a part of matrix materials in controlled-release formulations. This compound is increasingly used as an alternative to povidone, owing to its less hygroscopic, more elastic, and better plasticity attributes in comparison to povidone.

Copovidone is gaining huge traction as a film-forming agent and is being added to the coating solutions for enhancing its adhesion, elasticity, and hardness. It is finding a wide range of applications across various sectors such as industrial, ceramics, adhesives, battery, and others, on account of several benefits, it offers over other polymers. This is projected to accelerate the sales of copovidone in the global market.

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What are the Key Drivers Elevating the Sales of Copovidone in the Global Market

The market for copovidone is largely driven by favorable government regulations, policies, and standards. Numerous regulatory organization such as the U.S. Food & Drug Administration has approved using non-toxic and pharmaceutically inactive chemicals such as copovidone across industries such as food & beverage, pharmaceuticals, and personal care & cosmetics.

This, in addition to its excellent moisture barrier and binder properties, copovidone is finding usages as a soluble binder for gelatin capsules and as a dry binder for direct compression tableting across pharmaceutical industry. Hence, growing demand for tablets, pills, and capsules across the globe is projected to create lucrative growth opportunities in the copovidone market.

What are the Factors Creating Difficult Roads for the Copovidone Market Growth

In the past couple of years, a rapid inclination towards the adoption of organic and natural cosmetics & personal care products is being witnessed, especially across developed countries such as the U.S., Germany, Japan, the U.K., and others. This is discouraging the industry players from making use of copovidone in their products, thereby, hampering the demand in the market.

Also, side effects associated with excessive consumption of copovidone such as stomach aches, nausea, diarrhea, and vomiting are further hindering the sales in the market.

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Why is South Asia Exhibiting Robust Growth in the Global Copovidone Market

South Asia is expected to account for a significant share in the global copovidone market from 2022 to 2032, reveals Future Market Insights.

Demand for therapeutic drugs such as tablets and pills is increasing at a rapid pace in South Asia, on account growing burden of numerous diseases and increasing adoption of personalized medicine. Hence, leading industry players are emphasizing on expanding their drugs production capacity to cater to this surging demand.

For instance, in 2021, Glenmark Life Science, an Indian manufacturer of drugs and therapeutics products announced its plan of investing around US$ 78.7 Mn for increasing its production capacity to more than double in the coming years. As copovidone is extensively used in capsules, tablets, and pills production, such developments are estimated to bolster the growth in the South Asia market.

Why is the Demand for Copovidone Accelerating in the North America Market

A study by FMI states that North America is anticipated to register growth at a rapid CAGR in the global copovidone market during the forecast period 2022-2032.

Due to the increasing concerns regarding personal hygiene and growing consumer spending on enhancing the facial, body, and hair aesthetic, a substantial rise in sales of personal care & cosmetics products is being witnessed across North America.

As copovidone is extensively used as an emulsifier, binder, and thickening agent in the products such as toothpaste, moisturizers, shampoos, shaving lotions, and others, growing sales of these products are projected to augment the demand in the North America market.

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Market Competition

Some of the leading players in the copovidone market profiled by FMI are Nanhang Industrial, Merck KGaA, Boai NKY Pharmaceuticals Ltd., BASF SE, Huangshan Bonsun Pharmaceuticals Co., Ltd., Ashland, Hangzhou Motto Science & Technology Co. Ltd., Shanghai Yuking Water Soluble Material Tech Co. Ltd., and others.

The market for copovidone is highly competitive, attributed to increasing research and development activities for launching novel products and adoption of production capacity expansion strategies by key companies.

Report Scope

Report Attribute Details
Growth Rate CAGR of 9% to 10% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2015 to 2020
Forecast Period 2022 to 2032
Quantitative Units Revenue in USD Billion and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered
  • Function
  • Form
  • Grade
  • End Use
  • Region
Countries Covered
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa
Key Companies Profiled
  • Nanhang Industrial
  • Merck KGaA
  • Boai NKY Pharmaceuticals Ltd.
  • BASF SE
  • Huangshan Bonsun Pharmaceuticals Co., Ltd.
  • Ashland, Hangzhou Motto Science & Technology Co. Ltd.
  • Shanghai Yuking Water Soluble Material Tech Co. Ltd.
  • Others
Customization Available Upon Request

Key Segments Profiled in the Copovidone Market Survey

By Function:

  • Granulating Agent
  • Retarding Agent
  • Film-forming Agent
  • Lubricant
  • Thickening Agent
  • Dispersant
  • Binding Agent
  • Emulsifying Agent
  • Fining Agent
  • Blocking Agent

By Form:

  • Liquid
  • Powder
  • Others

By Grade:

  • Food Grade
  • Pharmaceutical Grade
  • Industrial Grade

By End Use:

  • Food & Beverage
  • Cosmetics
  • Personal Care
  • Pharmaceuticals
  • Adhesives
  • Battery
  • Water Treatment
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Frequently Asked Questions

What is the sales forecast for copovidone in the global market until 2032?

FMI projects the sales of copovidone in the market is expected to rise at 9% to 10% value CAGR by 2032

Which industry is forecast to be the most lucrative for copovidone market growth?

The global copovidone market is expected to be dominated by the pharmaceutical industry over forecast period 2022-2032.

Which are some leading copovidone manufacturers?

Nanhang Industrial, Merck KGaA, Boai NKY Pharmaceuticals Ltd., BASF SE, Huangshan Bonsun Pharmaceuticals Co., Ltd., Ashland, Hangzhou Motto Science & Technology Co. Ltd., Shanghai Yuking Water Soluble Material Tech Co. Ltd., others are some of the leading players in the prominent copovidone market.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. Value Chain Analysis

        3.5.1. Profit Margin Analysis

        3.5.2. Service Providers

    3.6. PESTLE and Porter’s Analysis

    3.7. Regulatory Landscape

        3.7.1. By Key Regions

        3.7.2. By Key Countries

    3.8. Regional Parent Market Outlook

4. Global Copovidone Market Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021

    4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Copovidone Market Analysis 2017-2021 and Forecast 2022-2032, By Grade Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Mn) Analysis By Grade Type , 2017-2021

    5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Grade Type , 2022-2032

        5.3.1. Food Grade

        5.3.2. Pharmaceutical Grade

        5.3.3. Cosmetic Grade

    5.4. Y-o-Y Growth Trend Analysis By Grade Type , 2017-2021

    5.5. Absolute $ Opportunity Analysis By Grade Type , 2022-2032

Deep-dive segmentation will be available in the sample on request

6. Global Copovidone Market Analysis 2017-2021 and Forecast 2022-2032, By Form

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Mn) Analysis By Form, 2017-2021

    6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Form, 2022-2032

        6.3.1. Liquid

        6.3.2. Powder

    6.4. Y-o-Y Growth Trend Analysis By Form, 2017-2021

    6.5. Absolute $ Opportunity Analysis By Form, 2022-2032

Deep-dive segmentation will be available in the sample on request

7. Global Copovidone Market Analysis 2017-2021 and Forecast 2022-2032, By Functionality

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Mn) Analysis By Functionality, 2017-2021

    7.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Functionality, 2022-2032

        7.3.1. Granulating Agent

        7.3.2. Retarding Agent

        7.3.3. Film-forming Agent

        7.3.4. Lubricant

        7.3.5. Thickening Agent

        7.3.6. Dispersant

        7.3.7. Binding Agent

        7.3.8. Emulsifying Agent

        7.3.9. Fining Agent

        7.3.10. Blocking Agent

        7.3.11. Other Functionalities

    7.4. Y-o-Y Growth Trend Analysis By Functionality, 2017-2021

    7.5. Absolute $ Opportunity Analysis By Functionality, 2022-2032

Deep-dive segmentation will be available in the sample on request

8. Global Copovidone Market Analysis 2017-2021 and Forecast 2022-2032, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021

    8.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Europe

        8.3.4. East Asia

        8.3.5. South Asia & Pacific

        8.3.6. MEA

    8.4. Market Attractiveness Analysis By Region

9. North America Copovidone Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    9.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    9.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        9.2.1. By Country

            9.2.1.1. U.S.

            9.2.1.2. Canada

        9.2.2. By Grade Type

        9.2.3. By Form

        9.2.4. By Functionality

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Grade Type

        9.3.3. By Form

        9.3.4. By Functionality

    9.4. Key Takeaways

10. Latin America Copovidone Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        10.2.1. By Country

            10.2.1.1. Mexico

            10.2.1.2. Brazil

            10.2.1.3. Rest of Latin America

        10.2.2. By Grade Type

        10.2.3. By Form

        10.2.4. By Functionality

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Grade Type

        10.3.3. By Form

        10.3.4. By Functionality

    10.4. Key Takeaways

11. Europe Copovidone Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        11.2.1. By Country

            11.2.1.1. Germany

            11.2.1.2. Italy

            11.2.1.3. France

            11.2.1.4. U.K.

            11.2.1.5. Spain

            11.2.1.6. BENELUX

            11.2.1.7. Russia

            11.2.1.8. Rest of Europe

        11.2.2. By Grade Type

        11.2.3. By Form

        11.2.4. By Functionality

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Grade Type

        11.3.3. By Form

        11.3.4. By Functionality

    11.4. Key Takeaways

12. East Asia Copovidone Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        12.2.1. By Country

            12.2.1.1. China

            12.2.1.2. Japan

            12.2.1.3. South Korea

        12.2.2. By Grade Type

        12.2.3. By Form

        12.2.4. By Functionality

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Grade Type

        12.3.3. By Form

        12.3.4. By Functionality

    12.4. Key Takeaways

13. South Asia & Pacific Copovidone Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    13.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    13.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        13.2.1. By Country

            13.2.1.1. India

            13.2.1.2. ASEAN

            13.2.1.3. Australia and New Zealand

            13.2.1.4. Rest of South Asia & Pacific

        13.2.2. By Grade Type

        13.2.3. By Form

        13.2.4. By Functionality

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Grade Type

        13.3.3. By Form

        13.3.4. By Functionality

    13.4. Key Takeaways

14. MEA Copovidone Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    14.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    14.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        14.2.1. By Country

            14.2.1.1. GCC Countries

            14.2.1.2. Turkey

            14.2.1.3. South Africa

            14.2.1.4. Rest of MEA

        14.2.2. By Grade Type

        14.2.3. By Form

        14.2.4. By Functionality

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Grade Type

        14.3.3. By Form

        14.3.4. By Functionality

    14.4. Key Takeaways

15. Key Countries Copovidone Market Analysis

    15.1. U.S.

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2021

            15.1.2.1. By Grade Type

            15.1.2.2. By Form

            15.1.2.3. By Functionality

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2021

            15.2.2.1. By Grade Type

            15.2.2.2. By Form

            15.2.2.3. By Functionality

    15.3. Mexico

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2021

            15.3.2.1. By Grade Type

            15.3.2.2. By Form

            15.3.2.3. By Functionality

    15.4. Brazil

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2021

            15.4.2.1. By Grade Type

            15.4.2.2. By Form

            15.4.2.3. By Functionality

    15.5. Germany

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2021

            15.5.2.1. By Grade Type

            15.5.2.2. By Form

            15.5.2.3. By Functionality

    15.6. Italy

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2021

            15.6.2.1. By Grade Type

            15.6.2.2. By Form

            15.6.2.3. By Functionality

    15.7. France

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2021

            15.7.2.1. By Grade Type

            15.7.2.2. By Form

            15.7.2.3. By Functionality

    15.8. U.K.

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2021

            15.8.2.1. By Grade Type

            15.8.2.2. By Form

            15.8.2.3. By Functionality

    15.9. Spain

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2021

            15.9.2.1. By Grade Type

            15.9.2.2. By Form

            15.9.2.3. By Functionality

    15.10. BENELUX

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2021

            15.10.2.1. By Grade Type

            15.10.2.2. By Form

            15.10.2.3. By Functionality

    15.11. Russia

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2021

            15.11.2.1. By Grade Type

            15.11.2.2. By Form

            15.11.2.3. By Functionality

    15.12. China

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2021

            15.12.2.1. By Grade Type

            15.12.2.2. By Form

            15.12.2.3. By Functionality

    15.13. Japan

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2021

            15.13.2.1. By Grade Type

            15.13.2.2. By Form

            15.13.2.3. By Functionality

    15.14. South Korea

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2021

            15.14.2.1. By Grade Type

            15.14.2.2. By Form

            15.14.2.3. By Functionality

    15.15. India

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2021

            15.15.2.1. By Grade Type

            15.15.2.2. By Form

            15.15.2.3. By Functionality

    15.16. ASEAN

        15.16.1. Pricing Analysis

        15.16.2. Market Share Analysis, 2021

            15.16.2.1. By Grade Type

            15.16.2.2. By Form

            15.16.2.3. By Functionality

    15.17. Australia and New Zealand

        15.17.1. Pricing Analysis

        15.17.2. Market Share Analysis, 2021

            15.17.2.1. By Grade Type

            15.17.2.2. By Form

            15.17.2.3. By Functionality

    15.18. GCC Countries

        15.18.1. Pricing Analysis

        15.18.2. Market Share Analysis, 2021

            15.18.2.1. By Grade Type

            15.18.2.2. By Form

            15.18.2.3. By Functionality

    15.19. Turkey

        15.19.1. Pricing Analysis

        15.19.2. Market Share Analysis, 2021

            15.19.2.1. By Grade Type

            15.19.2.2. By Form

            15.19.2.3. By Functionality

    15.20. South Africa

        15.20.1. Pricing Analysis

        15.20.2. Market Share Analysis, 2021

            15.20.2.1. By Grade Type

            15.20.2.2. By Form

            15.20.2.3. By Functionality

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Grade Type

        16.3.3. By Form

        16.3.4. By Functionality

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. Jianhua Group

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

                17.1.1.5.2. Product Strategy

                17.1.1.5.3. Channel Strategy

        17.1.2. Merck KGaA

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

                17.1.2.5.2. Product Strategy

                17.1.2.5.3. Channel Strategy

        17.1.3. Boai NKY Pharmaceuticals Ltd.

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

                17.1.3.5.2. Product Strategy

                17.1.3.5.3. Channel Strategy

        17.1.4. BASF SE

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

                17.1.4.5.2. Product Strategy

                17.1.4.5.3. Channel Strategy

        17.1.5. Ashland, Hangzhou Motto Science & Technology Co. Ltd.

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

                17.1.5.5.2. Product Strategy

                17.1.5.5.3. Channel Strategy

        17.1.6. Shanghai Yuking Water Soluble Material Tech Co. Ltd.

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

                17.1.6.5.2. Product Strategy

                17.1.6.5.3. Channel Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

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