Pharmaceutical Solvents Market

2019 Analysis and Review of Pharmaceutical Solvents Market by Alcohol Chemical Group - Ethanol, Isopropanol, Propanol, Propylene Glycol for 2019-2026

  • 2020-01-15
  • REP-GB-1939
  • 21 Tables
  • 93 Figures
  • 152 pages
  • PDF PPT EXCEL
Pharmaceutical Solvents Market

An Incisive, In-depth Analysis on the Pharmaceutical Solvents Market

This study offers a comprehensive, 360 degree analysis on the Pharmaceutical Solvents market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Pharmaceutical Solvents market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Key Factors Shaping Pharmaceutical Solvents Market

High Demand for Pharmaceutical Solvents from Healthcare Industry

Pharmaceutical solvents are the organic and inorganic solvents used for the production of pharmaceutical medicines and Active Pharmaceutical Ingredients (API).  Pharmaceutical solvents are treated by various manufacturing processes to reduce their toxicity. Further, rapid growth of the pharmaceutical and healthcare sector in developing countries of Asia such as India and china, is expected to poise the growth of pharmaceutical solvents market during the forecast period. Companies such as Dow chemical spread its production footprint in India to fulfill the growing demand and to increase revenue from the sale of pharmaceutical solvents.

Growing Rate of Aging Population Globally Boosting Demand for Pharmaceutical Medicines

Across the globe, rise in the ageing population is expected to increase the consumption of growth of pharmaceutical medicines and also lead to the increasing demand for pharmaceutical solvents for the production of medicines. Furthermore, increasing lifestyle-related diseases such as asthma, cancer, chronic liver disease etc., are also expected to propel the use of pharmaceutical solvent. Pharmaceutical solvents are used for medical encapsulation and packaging. Manufacturing companies are focusing on producing new liquid colors, additives for medical devices and pharmaceutical solvents.

In October 2016, Clariant AG launched MEVOPUR®-LQ, a new liquid color additive for medical devices and pharmaceutical packaging.

Adoption of Green Chemistry by Key Manufacturing Companies

From the last couple of decades, owing to stringent government regulations, key players are participating in green chemistry to reduce the environmental hazards produced by the production waste of pharmaceutical solvents. In line with this, some key players have started to reduce their production waste. Companies such as Merck & Co., Inc. received presidential green chemistry award in 2010 for the development of second-generation green synthesis of sitagliptin, Januvia. The company redesigned the manufacturing process and managed to reduce the waste upto 50 kg.

Pfizer manufactures Lipitor (Atorvastatin), which lowers cholesterol levels. In addition, Pfizer reduced the total organic waste by 65% by changing the manufacturing process of solvents.

In addition, rising demand for bio-based solvent in developed region due to the promotion of these solvents by the government and union to reduce the pollution rate.

Key Challenge in Pharmaceutical Solvents Market

Stringent Government Regulation Associated With Production of Solvents

Solvents such as acetone is associated with fire hazards as it is highly flammable and it has a flash point of -18 °C (0 °F). Government of developed countries such as United States Environmental Protection Agency (U.S. EPA) recently determined that acetone has negligible ground-level ozone-forming properties and exempted it from some air pollution regulations and also removed acetone from the Toxics Release Inventory (TRI). In November 2004, U.S. EPA added tert-butyl acetate (TBAC) to the list of   Volatile Organic Compound (VOC) regulations. Applicability of <467> is regulation for manufacturers of official excipients, official active pharmaceutical ingredients and for official drug product.

Pharmaceutical Solvents Market: Structure Analysis

  • The global pharmaceutical solvents market is a moderately fragmented market, owing to the presence of more number of players in the global market.
  • Manufacturers operating in the pharmaceutical solvents market are focusing on business expansion through mergers, collaborations, partnerships, and joint ventures. Key market players focus on strategies such as offering customized products and enlargement of distribution channels, which will help increase sales of pharmaceutical solvents.
  • Leading players in the pharmaceutical solvents market include BASF SE, Exxon Mobil Corporation, Eastman Chemical Company, The DOW Chemical Company, Procter & Gamble, Alfa Aesar, Clariant AG, Merck KgaA, Mitsubishi Chemical Corporation and Yip’s Chemicals Holding Limited and among others.

FREQUENTLY ASKED QUESTIONS ABOUT Pharmaceutical Solvents Market

How growth outlook for pharmaceutical solvents market is going to shape up during the forecast period?

The global pharmaceutical solvents market is expected to witness significant growth, primarily driven by the healthcare sector. Rise in consumer spending, increasing aging population is anticipated to propel sales of pharmaceutical solvents.

Will US-China trade war affect future trajectory of the pharmaceutical solvents market?

Yes, the US-China trade war may hamper the growth of the pharmaceutical solvents market. The U.S. imposed high antidumping duties on solvents and other chemical raw material, which are required for the manufacturing of solvents from China and in return, China has imposed counter duties on U.S.-imported solvents. Both, the U.S. and China are major producers and consumers of pharmaceutical solvents and are losing their market shares, which is projected to significantly hamper growth of the global pharmaceutical solvents market.

Which application area holds potential growth opportunities for market players?

The alcohol chemical group segment dominates the global pharmaceutical solvents market, and is expected to continue its dominance over forecast period on account of increasing use of alcohol chemicals in solvents expected to fillip the market growth in the coming assessment period.

What is the degree of competition in the pharmaceutical solvents market?

The pharmaceutical solvents market shows a fragmented structure, with a limited number of regional and local market players. In the current scenario, industry leaders such as BASF SE, Exxon Mobil Corporation, Eastman Chemical Company, The DOW chemical Company, Procter & Gamble Company, Alfa Aesar, Clariant AG, Merck KgaA, Mitsubishi Chemical Corporation and Yip’s Chemicals Holding Limited expected to hold more than one-third of the total revenue share.

Which region will lead the global sales of pharmaceutical solvents?

Asia Pacific excluding Japan (APEJ) remains at the vanguard of the pharmaceutical solvents market, with emergence of China, India, South Korea, as the world’s largest chemical manufacturing hub. While stringent government regulations for pharmaceuticals in these countries are expected to affect market growth.

Pharmaceutical Solvents Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2026

A recent market study published by Future Market Insights (FMI) on the pharmaceutical solvents market includes the global industry analysis for 2014-2018 & opportunity assessment for 2019-2026, and delivers a comprehensive assessment of the most important market dynamics. Our analysts conduct thorough research on historical as well as current growth parameters of the market to obtain growth prospects with maximum precision.

Pharmaceutical Solvents Market: Segmentation

Alcohol Chemical Group

Amine Chemical Group

Ester Chemical Group

Ether Chemical Group

  • Ethanol
  • Isopropanol
  • Propanol
  • Propylene Glycol
  • Aniline
  • Diphenylamine
  • Methyl ethanolamine
  • Trimethylamine
  • Acetyl Acetate (Acetic Anhydride)
  • Ethyl Acetate
  • Butyl Acetate
  • Diethyl Ether
  • Anisole
  • Polyethylene Glycol

Chlorinated Chemical Group

Other Chemical Group

Region

  • Carbon Tetrachloride
  • Dichloromethane
  • Chelating Agents
  • Glycerine
  • Acetone
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excl. Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

Report Chapters

Chapter 01 – Executive Summary

The report initiates with the executive summary of the pharmaceutical solvents market, which includes a summary of the key findings and statistics of the market. It also includes the demand & supply-side trends pertaining to the pharmaceutical solvents market.

Chapter 02 – Market Overview

In this chapter, readers can find the definition and a detailed taxonomy of the pharmaceutical solvents market, which will help them to understand the basic information about the pharmaceutical solvents market. Along with this, comprehensive information about pharmaceutical solvents is provided in this section. This section also highlights the inclusions and exclusions, which help readers understand the scope of the pharmaceutical solvents market report.

Chapter 03 – Key Market Trends

The pharmaceutical solvents market report provides key market trends that are expected to significantly impact market growth during the forecast period. Detailed industry trends are provided in this section.

Chapter 04 – Key Success Factors

This section includes key successful factors and strategies adopted by key market participants.

Chapter 05 – Global Pharmaceutical Solvents Market Demand Analysis 2014-2018 & Opportunity Assessment 2019-2026

This section explains the global market value analysis and forecast for the pharmaceutical solvents market for the forecast period of 2019-2026. This chapter includes a detailed analysis of the historical pharmaceutical solvents market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2026). Along with this, pricing analysis of the pharmaceutical solvents market at the regional level has been provided in this section. This section also explains the global market volume analysis and forecast for the pharmaceutical solvents market in the forecast period of 2019-2026.

Chapter 06 – Market Background

This chapter explains key macro-economic factors that are expected to influence the growth of the pharmaceutical solvents market over the forecast period. Along with the macroeconomic factors, this section also highlights the value chain, supply chain, forecast factors, and value chain analysis for the pharmaceutical solvents market. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided in the successive section.

Chapter 07 – Global Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026, Alcohol Chemical Group

Based on alcohol chemical group, the pharmaceutical solvents market is segmented into ethanol, isopropanol, propanol and propylene glycol. In this chapter, readers can find information about the key trends and developments in the pharmaceutical solvents market and market attractiveness analysis based on alcohol chemical group.

Chapter 08 – Global Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026, Amine Chemical Group

Based on amine chemical group, the pharmaceutical solvents market is segmented into aniline, diphenylamine, methyl ethanolamine and trimethylamine. In this chapter, readers can find information about the key trends and developments in the pharmaceutical solvents market and market attractiveness analysis based on amine chemical group.

Chapter 09 – Global Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026, Ester Chemical Group

Based on ester chemical group, the pharmaceutical solvents market is segmented into acetyl acetate (acetic anhydride), ethyl acetate and butyl acetate. In this chapter, readers can find information about the key trends and developments in the pharmaceutical solvents market and market attractiveness analysis based on ester chemical group.

Chapter 10 – Global Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026, Ether Chemical Group

Based on ether chemical group, the pharmaceutical solvents market is segmented into diethyl ether, anisole, polyethylene glycol. In this chapter, readers can find information about the key trends and developments in the pharmaceutical solvents market and market attractiveness analysis based on ether chemical group.

Chapter 11 – Global Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026, Chlorinated Chemical Group

Based on chlorinated chemical group, the pharmaceutical solvents market is segmented into carbon tetrachloride, dichloromethane. In this chapter, readers can find information about the key trends and developments in the pharmaceutical solvents market and market attractiveness analysis based on chlorinated chemical group.

Chapter 11 – Global Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026, Other Chemical Group

Based on other chemical group, the pharmaceutical solvents market is segmented into chelating agent, glycerine and acetone. In this chapter, readers can find information about the key trends and developments in the pharmaceutical solvents market and market attractiveness analysis based on other chemical group.

Chapter 12 – Global Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026, by Region

This chapter explains how the pharmaceutical solvents market will grow across various geographic regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).

Chapter 13 – North America Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026

This chapter includes a detailed analysis of the growth of the North America pharmaceutical solvents market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on application and countries in North America.

Chapter 14 – Latin America Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026

This chapter provides the growth scenario of the pharmaceutical solvents market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, an assessment of the market across target segments has been provided.

Chapter 15 –Western Europe Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026

Important growth prospects of the pharmaceutical solvents market based on its end users in several countries such as Germany, France, the U.K., Spain, Italy, Russia, and Rest of Western Europe are included in this chapter.

Chapter 16 – Eastern Europe Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026

This chapter highlights the growth of the pharmaceutical solvents market in Eastern Europe by focusing on Russia, Poland and Rest of Eastern Europe. This section also helps readers understand the key factors that are responsible for the growth of the pharmaceutical solvents market in Eastern Europe.

Chapter 17 – Asia Pacific Excluding Japan Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026

This chapter highlights the growth of the pharmaceutical solvents market in APEJ by focusing on China, India, South Korea and Rest of APEJ. This section also helps readers understand the key factors that are responsible for the growth of the pharmaceutical solvents market in APEJ.

Chapter 18 – Japan Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026

This chapter highlights the growth of the pharmaceutical solvents market in Oceania by focusing on Japan. This section also helps readers understand the key factors that are responsible for the growth of the pharmaceutical solvents market in Japan.

Chapter 19 – MEA Pharmaceutical Solvents Market Analysis 2014-2018 & Opportunity Assessment 2019-2026

This chapter provides information about how the pharmaceutical solvents market will grow in major countries in the MEA region such as GCC Countries, South Africa, Turkey, North Africa, and the Rest of MEA, during the forecast period of 2019-2026.

Chapter 20 – Market Structure Analysis

In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the pharmaceutical solvents market, along with their market presence analysis by region and product portfolio.

Chapter 21 – Competition Analysis

In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the pharmaceutical solvents market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are BASF SE, Exxon Mobil Corporation, Eastman Chemical Company, The DOW chemical Company, Procter & Gamble Company, Alfa Aesar, Clariant AG, Merck KgaA, Mitsubishi Chemical Corporation and Yip’s Chemicals Holding Limited and among others.

Chapter 22 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the pharmaceutical solvents market report.

Chapter 23 – Research Methodology

This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the pharmaceutical solvents market.

Sources and Primary Research Splits (%)

Industry Interactions

References Catalogue

  • C - Level Executives
  • Marketing Directors
  • Product Managers
  • Business Development Officers
  • Production Managers
  • Procurement Heads
  • Sales Executives
  • Distributors
  • Traders
  • Raw Material Suppliers
  • Industry Experts
  • End Users
  • Current Market Dynamics and Challenges
  • Yesteryear Trends
  • Market Characteristics
  • Market Performance and Growth Quadrants
  • Competition Structure and Market Structure
  • Strategic Growth Initiatives
  • Near-Term and Long-Term Market Growth Prospects
  • Market Segment Splits and Authenticity
  • Opinions on Market Projections and Validity of Assumptions
  • Industry Publications
  • Industry Associations
    • OICA
    • International Trade Association
  • Factiva
  • Company Press Releases
  • Annual Reports and Investor Presentations
  • Research Papers
  • Government Websites and Publications
  • Trade Websites

Pharmaceutical Solvents Market Reports - Table of Contents

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Pranay Mhaisekar

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