Global Tableting Agents Market - Drivers
The use of tableting agents is widely diversified in pharmaceutical products due to its ability to impart properties such as long term stabilization, cohesion, and others to the final dosage form. Moreover, specialized dosage forms such as sustain release dosage form can be manufactured with the use of proper tableting agents. Tableting agents can also help in providing dose flexibility and dose uniformity in the final dosage forms i.e. tablets and capsules. Moreover, recent developments by pharmaceutical companies in excipients and its properties is expected to support the global tableting agents market growth over the forecast period. For instance, in 2019, DuPont de Nemours, Inc developed the new surfactant excipient FM100, which stabilizes biologics better than conventional excipients.
Global Tableting Agents Market - Impact of COVID-19
The COVID-19 pandemic has impacted growth of various markets and it is also expected to hamper growth of the global tableting agents market during the forecast period. Moreover, safety precautions suggested by the World Health Organization to reduce the risk of spread of COVID-19 and implementation of nationwide lockdowns have affected the supply chain of tableting agents to pharmaceutical companies. Moreover, higher shipping prices due to reduced excipient supply containers has hampered overall distribution of the medicines.
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