Binders Excipients Market

By Type;

Cellulosic, Polyols, Lactose and Others

By Application;

Tablets, Solvents and Capsules

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn480802182 Published Date: September, 2025 Updated Date: October, 2025

Binders Excipients Market Overview

Binders Excipients Market (USD Million)

Binders Excipients Market was valued at USD 1,450.50 million in the year 2024. The size of this market is expected to increase to USD 2,041.00 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Binders Excipients Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 1,450.50 Million
Market Size (2031)USD 2,041.00 Million
Market ConcentrationMedium
Report Pages300
1,450.50
2024
2,041.00
2031

Major Players

  • Colorcon
  • Croda International
  • EMD Millipore
  • Dow Chemical
  • FMC BioPolymer
  • Fuji Chemical Industry
  • Ingredion

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Binders Excipients Market

Fragmented - Highly competitive market without dominant players


The Binders Excipients Market is gaining momentum as a vital component in pharmaceutical formulations, ensuring cohesion, stability, and effective drug delivery. Adoption of binder excipients has increased by over 35%, driven by the rising demand for solid dosage forms and the need for consistent medication quality. These excipients enhance compressibility, flowability, and uniformity, making them indispensable in modern drug manufacturing.

Rising Demand from Pharmaceuticals
The pharmaceutical industry accounts for nearly 45% of binder excipient consumption, fueled by the dominance of solid oral dosage forms. As tablets and capsules remain the preferred drug delivery method, manufacturers rely on excipients that provide stability and effectiveness. This growing dependency highlights the strategic role binders play in expanding pharmaceutical production capabilities.

Technological Advancements in Formulation
Innovations in drug delivery systems are pushing binder excipient usage to new heights. Nearly 40% of new formulations now incorporate advanced binders to support controlled-release, orally disintegrating, and high-potency drugs. The integration of novel excipient technologies ensures enhanced drug performance, patient compliance, and improved therapeutic outcomes.

Increasing Adoption of Specialty Excipients
Specialty binder excipients are gaining ground, with about 38% of formulations leveraging functionalized and multifunctional binders. These enhance performance by reducing dosage size, improving solubility, and enabling complex drug combinations. Their rising adoption reflects the pharmaceutical industry’s shift toward high-quality excipients that ensure safety and efficacy across diverse formulations.

Binders Excipients Market Recent Developments

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Binders Excipients Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing pharmaceutical industry demand
        2. Increased use in nutraceuticals and dietary supplements
        3. Advancements in drug formulation technologies
      2. Restraints
        1. Stringent regulatory guidelines
        2. High raw material costs
        3. Limited availability of specialized excipients
      3. Opportunities
        1. Rising demand for personalized medicine
        2. Increasing use of natural and plant-based binders
        3. Expansion of the generics market
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Binders Excipients Market, By Type, 2021 - 2031 (USD Million)
      1. Cellulosic
      2. Polyols
      3. Lactose
      4. Others
    2. Binders Excipients Market, By Application, 2021 - 2031 (USD Million)
      1. Tablets
      2. Solvents
      3. Capsules
    3. Binders Excipients Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Ashland Inc.
      3. Roquette (Roquette Frères)
      4. DuPont / IFF (DuPont de Nemours / IFF Pharma Solutions)
      5. Evonik Industries AG
      6. Croda International Plc
      7. Colorcon
      8. EMD Millipore
      9. Dow Chemical
      10. FMC / FMC BioPolymer
      11. Fuji Chemical Industry
      12. Ingredion
      13. DFE Pharma
      14. Shin-Etsu Chemical Co.
      15. Eastman Chemical Corporation
  7. Analyst Views
  8. Future Outlook of the Market