Title: Sodium Starch Glycolate Market products, applications & regional performance 2016 – 2024
1Sodium Starch Glycolate Market Products,
Applications regional performance 2016 2024
Sodium Starch Glycolate Market Size, Industry
Analysis Report, Regional Outlook (U.S., Canada,
Mexico, UK, Germany, France, Italy, China,
Australia, India, Japan, Indonesia, Argentina,
Brazil, Saudi Arabia, UAE, Kuwait, ), Application
Development Potential, Price Trends, Competitive
Market Share Forecast, 2016 2024
2Global Market Scenario of Sodium Starch Glycolate
Market
- Global Sodium Starch Glycolate Market size is
likely to witness moderate growth, expanding at a
CAGR of near about 3 in the forecast period of
2016-2024. - With rise in the number of chronic and acute
diseases across the globe, the demand for
medicines has increased exponentially. Likewise,
there are ailments requiring regular medication
to be cured, which are elevating the demand for
producing tablets and capsules. - The growth of Sodium Starch Glycolate market may
be hurdled by the different food and drug
association in different countries which have
different norms and standards to be followed,
prior to introducing the product in the market. - The worldwide market for industrial starches
(Sodium Starch Glycolate specifically) is
expanding, and the industrial trend is towards
the use of commercially viable raw materials
other than maize, wheat and potato which have
competing food uses and availability at low costs.
3- Product Analysis-
- Sodium Starch Glycolate (SSG) is sodium salt of
starch (Carboxy methyl ether) having a very fine,
free flowing powder nature which is widely used
in pharmaceuticals as a disintegrant in tablets
and capsules formulations. - It is also used as a suspending and gelling
agent. The product also acts as a dissolution
enhancing agent. - It is manufactured by Carboxy methylation and
cross linking of potato starch and can also be
produced from other starch foods such as wheat,
rice and corn. - Regional Trends-
- Europe and North America region dominate the
global market of sodium starch glycolate,
followed by Asia pacific region market. - Rest of the world held minimum share of the
global market in last couple of years. However,
market in this region is anticipated to grow in
the forecasted period. - Countries like USA, Switzerland, China and India
have large sized and exponentially growing
pharmaceutical sector.
4- Competitor Analysis-
- In Sodium Starch Glycolate market, local
companies, utilizing local raw material are
having a better reach to customers, both domestic
as well as international. - The major players in SSG market are DFE Pharma,
Muby chemicals, Shree chemicals, Prachin
chemical, QMax solutions, Captain industries,
Shangyu Huachang industrial, Qingdao Haiyang
Chemical and many more in the global space.
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