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A15924 | Pages: 196 | Charts: 53 | Tables: 95 |
[COVIDIMPACTSTATEMENT]
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
[DRUGTYPEGRAPH]
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
[REGIONGRAPH]
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.
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Key Market Segments
Key Market Players