Growth Projected for Binders Excipients Market

 Growth Projected for Binders Excipients Market

The binders excipients market size will grow  $444.89M from 2021 to 2026, according to a report by Technavio. The cellulosics segment will be a significant contributor to market growth during the forecast period. This segment comprises hydroxypropylmethylcellulose acetate (HPMCAS), hydroxypropyl methylcellulose (HPMC), and microcrystalline cellulose (MCC). HPMC is used as a binder and bioadhesive in pharmaceutical drugs. It also acts as a compression aid and coating agent for tablets. Thus, the increasing demand for HPMC worldwide is likely to support the growth of the global binders excipients market during the forecast period.

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