During the projected period of 2022 to 2032, the global copovidone market is anticipated to rise at a CAGR of roughly 9%–10%, a phenomenal rate of growth. Copovidone sales are anticipated to increase due to a rise in the need for non-toxic, pharmaceutically inactive thickening and binding agents across a variety of industries.
Copovidone, also known as polyvinylpyrrolidone (PVP/VA), is a synthetic polymer widely used in the pharmaceutical and cosmetic industries. Its versatile applications in the formulation of tablets, capsules, and creams have driven the Copovidone Market’s growth.
Request Sample Report and Drive Impactful Decisions: https://www.futuremarketinsights.com/reports/sample/rep-gb-9292
As a tablet binder, copovidone has better plasticity than povidone. The product is also more elastic, less hygroscopic and better for film-forming applications than povidone. These properties have given copovidone a slight edge over other polymers, which has attracted keen interest from industrial consumers. As copovidone has an exceptional binding capacity, it is used in direct compression tableting as a dry binder and gelatin capsules as a soluble binder. These attractive properties make it cost-effective and attractive substitute to natural adhesives. However, growing inclination toward natural products could hinder the growth of the market. It is generally regarded as nontoxic. However, oral consumption in excess may result in stomach ache, and more, which could very well hamper the growth of the market.
Increased Demand from Pharmaceuticals is Contributing Significant Growth
Favourable government policies and regulations are expected to drive the copovidone market. The U.S. FDA (Food and Drug Administration) has approved the use of chemical for various, and it is usually considered safe. The approval from the U.S. FDA has enlarged the adoption of copovidone in multiple industries. It is extensively used in food, pharmaceuticals, cosmetics industries, and more. Owing to its numerous application across various industries, copovidone is expected to thrive in the years to come. The world copovidone market is increasing rapidly owing to the increased demand coming from multiple end users. Across all the industries, the pharmaceutical is producing maximum demand, followed by food and beverages. Other industries such as cosmetics, personal care, and adhesives are expected to contribute well to the growth of the market in the years to come.
Embrace Smarter Choices With Our Methodology-Derived Insights: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-9292
Global Copovidone Market – Key Players:
Key market players identified in the global copovidone market include BASF SE, Ashland, Boai NKY Pharmaceuticals Ltd. Nanhang Industrial, Zhangzhou Huafu Chemical Industry Co.,Ltd., Hangzhou Motto Science & Technology Co. Ltd., SHANGHAI YUKING WATER SOLUBLE MATERIAL TECH CO.,LTD., SHANGHAI YUKING WATER SOLUBLE MATERIAL TECH CO.,LTD., Huangshan Bonsun Pharmaceuticals Co., Ltd., Merck KGaA, among others.
Copovidone Market – Market Segmentation:
By Function, the Copovidone market is segmented into:
- Granulating Agent
- Retarding Agent
- Film-forming Agent
- Lubricant
- Thickening Agent
- Dispersant
- Binding Agent
- Emulsifying Agent
- Fining Agent
- Blocking Agent
By Form, the Copovidone market is segmented into:
- Liquid
- Powder
- Others
By Grade, the Copovidone market is segmented into:
- Food Grade
- Pharmaceutical Grade
- Industrial Grade
By End-use, the Copovidone market is segmented into:
- Food and Beverage
- Cosmetics
- Personal Care
- Shampoo
- Toothpaste
- Shaving Lotion
- Moisturizer
- Pharmaceuticals
- Ointments
- Pessaries
- Surgical Scrubs
- Contact Lenses
- Adhesives
- Glue Stick
- Hot-melt Adhesives
- Batteries
- Ceramics
- Fiberglass
- Inkjet Paper
- Alcohol
- White Wine
- Beer
- Water Treatment
Buy now to gain access to detailed information about each segment@ https://www.futuremarketinsights.com/checkout/9292
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube