✷ Report Code: A15924 | Pages: 196 | Mar 2022 | 1177 Views | ||
Author(s) : Vikita T , Onkar S | Tables: 95 | Charts: 53 |
|
The overall COVID -19 impact remains positive on the pharmaceutical glycerin-based product market owing to its increased usage in hand sanitizers, cough syrups, lozenges, and others. Thus, an increase in the number of COVID-19 infections is expected to lead to increasing the demand for pharmaceutical glycerin-based products globally.
The global pharmaceutical glycerin-based product market is driven by the application of glycerin in the treatment of increased eye pressure conditions, such as glaucoma, and during eye surgery fuels the market growth. Furthermore, an increase in the use of glycerin as a substitute for alcohol in hand sanitizers is anticipated to drive the market. In addition, the increase in adoption of glycerin in the pharmaceutical industry owing to its low cost and various medical benefits, such as moisturizer in skin burns & minor skin irritations, and use in the treatment of constipation are the key factors that drive the growth of the market. Moreover, it also exerts osmotic diuretic properties that support the management of cerebral edema and reduces cerebrospinal pressure and intraocular pressure. However, the adverse effects of pharmaceutical glycerin, such as diarrhea, polyuria, nausea, dry mouth, and others hinder the market growth. Ongoing R&D activities related to pharmaceutical glycerin are anticipated to present new Pharmaceutical Glycerin Based Products Market opportunity.
The Pharmaceutical Glycerin Industry market is segmented on the basis of drug type and region. On the basis of drug type, the market is divided into dermatological, ophthalmic, cough remedies glycerin rectal, and angina. On the basis of region, the pharmaceutical glycerin-based product market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Drug Type Segment Review
Based on drug type, into dermatological, ophthalmic, cough remedies glycerin rectal and angina. The dermatological segment generated the highest revenue in 2020 and is expected to maintain its dominance during the forecast period. This is attributed to an increase in the prevalence of skin diseases, such as acne, atopic dermatitis, skin cancer, and rosacea, and a rise in demand for topical dermatological products, which are the key factors driving the Pharmaceutical Glycerin Based Products Market growth. However, the glycerin rectal segment is expected to register the highest growth rate during the forecast period.
By Region Segment Review
Region-wise, the Pharmaceutical Glycerin Based Products Market analysis is done across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for the largest Pharmaceutical Glycerin Based Products Market share in 2020. The growth can be attributed to the rapidly increasing consumption of pharmaceutical glycerin-based products in countries, such as China, India, and South Korea.
The key players operating in the global pharmaceutical glycerin-based product market include Johnston & Johnson, Abbott, AbbVie Inc. Bausch Health Companies Inc, Takeda Pharmaceutical Companies, The Dow Chemical Company, Dupont, Emery Oleochemicals, Croda International Plc, and Lonza.
Pharmaceutical Glycerin Based Products Market Report Highlights
Aspects | Details |
---|---|
By Drug Type |
|
By Region |
|
Key Market Players | The Dow Chemical Company, Bausch Health Companies Inc., Abbott Laboratories, Johnson and Johnson, Takeda Pharmaceutical Company, AbbVie Inc, Emery Oleochemicals, dupoint, Takeda Pharmaceutical Company Ltd, Capsugel, Croda International plc |
Loading Table Of Content...
The pharmaceutical glycerin-based products market is expected to witness substantial growth owing to an increase in the use of glycerin as a substitute for alcohol in hand sanitizers.
In addition, the increase in adoption of glycerin in the pharmaceutical industry owing to various medical benefits, such as moisturizer in skin burns & minor skin irritations, and cough syrups for dry cough are the key factors anticipated to drive the growth of the market in the upcoming years and in treatment of constipation. Moreover, it also exerts osmotic diuretic properties that support the management of cerebral edema and reduces cerebrospinal pressure and intraocular pressure. However, the adverse effects of pharmaceutical glycerin, such as diarrhea, polyuria, nausea, dry mouth, and others hinder the market growth. Ongoing R&D activities related to pharmaceutical glycerin are anticipated to present new opportunities for the market.
Asia-Pacific accounted for the major share and is likely to dominate the market during the forecast period. The growth can be attributed to the rapidly increasing consumption of the pharmaceutical glycerin-based product in countries such, as China, India, and South Korea.
A. The top companies to hold the market share in Pharmaceutical Glycerin Based Products are Johnson & Johnson, Abbott, AbbVie Inc. Bausch Health Companies Inc, Takeda Pharmaceutical Companies, The Dow Chemical Company, Dupont, Emery Oleochemicals, Croda International Plc, and Lonza.
A. Asia- Pacific largest regional market for Pharmaceutical Glycerin Based Products
A. The upcoming trends of the Pharmaceutical Glycerin Based Products Market increase in the use of glycerin as a substitute for alcohol in hand sanitizers is anticipated to drive the market. In addition, increase in adoption of glycerin in the pharmaceutical industry owing to its low cost and various medical benefits, such as moisturizer in skin burns & minor skin irritations and use in the treatment of constipation are the key factors that drive the growth of the market.
A. The total market value of the Pharmaceutical Glycerin Based Products Market is $61,603.77 million by 2030.
A. No, there is no value chain analysis provided in the Pharmaceutical Glycerin Based Products Market report
A. The global Pharmaceutical Glycerin Based Products market was valued at $34,592.61 million in 2020
Start reading instantly.
This Report and over 53,854+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers