DOW, JRS Pharma and Shin-Etsu Chemical Co., Ltd. are Dominating the Asia-Pacific Excipients Market in 2021

Asia-Pacific Excipients Market is expected to grow with the CAGR of 7.1% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Asia-Pacific excipients market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Asia-Pacific excipients market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in December 2018, the four sites of Dow company had received EXCiPACT certificate from SGS, that helped them to supply pharmaceutical excipients. This has also increased the revenue of the company and delivered a linear growth in the market.

Dow is a dominating player Asia-Pacific excipients market. The other key players existing in the market includes JRS Pharma, Shin-Etsu Chemical Co., Ltd., Roquette Frères, Evonik Industries AG, The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway Inc.), BASF SE, Ashland, Kerry Group PLC,., Colorcon, Chemische Fabrik Budenheim, Peter Greven GmbH & Co. KG, ADM, Croda International Plc, Avantor, Inc, Omya AG, DFE Pharma, Pfanstiehl, Inc., MEGGLE Group Wasserburg among others.

DOW

Dow has it base headquarters in Michigan, the U.S. and was founded in 1897. The company is focused on becoming the most innovative, customer-centric, inclusive and sustainable Science company in the world. The company deals in product technologies product portfolio out of which product technologies is the market focused product portfolio.

  • In December 2018, DOW reported that the 2020 annual meeting of shareholders will be held online by looking at the COVID-19 scenario and in the interest of health and safety of its shareholders, directors, officers and employees. This will help in creating and discussing strategies for the coming year.

The company has presence in North America. Europe, South America, Asia Pacific. The company has its base subsidiaries in Rohm and Haas (U.S.), Dow Corning (U.S.), Dow Chemical Korea Ltd (Korea), Mycogen Seeds (U.S.), Dow Asia-Pacific Technologies (U.S.) among others.

Asia-Pacific Excipients Market JRS Pharma

JRS Pharma is headquartered in Rosenberg; Germany was founded in year 1878. The company is engaged in manufacture of excipients and offers a complete portfolio of solutions for the Asia-Pacific health Science Industry. The company offers wide range of product categories such as excipients and coating. The market focused categories are excipients and coating.

  • In October 2020, JRS Pharma had declared that their product VIVAPHARM would be available worldwide. These are natural polymers used for coatings. This will help in increasing revenue and product portfolio of the company

The company has wide Asia-Pacific presence across the world in North America, Europe, Asia Pacific, Middle East and Africa, South America, Oceania.

Shin-Etsu Chemical Co. Ltd.

Shin-Etsu Chemical Co. Ltd was founded in 1926 is headquartered in Tokyo, Japan The company is a chemical manufacturer that, with its six core business segments, creates products and key materials that provide foundations for industry and our daily lives. The company has multiple product categories such as silicones, cellulose derivatives, fluorinated products/ silica products, rare earth magnet, encapsulation materials for semiconductor, rare earth out of which cellulose derivatives are the market focused category. 

  • In May 2020, Shin-Etsu Chemical Co. Ltd has introduced a new technology for coating agents, reduced platinum reaction currying system that use only half of the coating as compared to other technologies. These technology will surely help to resolve the issue

The company has wide Asia-Pacific presence across North America, South America, Europe, Asia-Pacific. The company has Shintech Inc. (U.S.), S-E Inc. (U.S.), K-Bin Inc. (U.S.), SE Tylose USA Inc. (U.S.), Shin Etsu Handotai Europe, Ltd. (U.K.), among others as the subsidiaries.