Wednesday, June 24, 2020

Covid – 19 Impact Analysis on Sodium Starch Glycolate Market | Analysis, Size, Share, Growth, Trends, and Forecast 2020 – 2022

Sodium Starch Glycolate Market – Market Overview
Sodium starch glycolate (SSG) is obtained by carboxymethylating starch from various origins namely potato, corn, rice, and wheat. It is widely used as a disintegrant in formulation of tablets and capsules owing to its ability to absorb water rapidly. Potato and corn starch are extensively used for producing sodium starch glycolate. It is used as a thickener and stabilizer for wallpaper adhesives and food products namely snacks, meat products & juices respectively.
Use of sodium carboxymethyl starch in sodium carboxymethylcellulose has augmented due to cost-effectiveness. Increasing number of non-communicable diseases such as cardiovascular, high blood pressure, and chronic respiratory diseases due to changing habits and aging population is likely to increase the product demand. Its usage is growing in pharmaceutical industry due to rising health awareness and longer life expectancies among consumers across the globe. For instance, Primojel, an SSG manufactured by DEF pharma is widely used for making tablets and capsules. Presence of huge biotechnological pharma companies in the U.S. is likely to fuel the demand for the product. Surging demand for adhesives from automotive and packaging industry is driving the market growth in the North America, Europe, and Asia Pacific region. It is also used as an additive in glues for plywood. Growing use of paper bags due to durability and eco-friendliness is fueling the demand for adhesives.  It is also used in cosmetics and beauty products due to its properties such as longevity in moisturization and smoothness. Recently, Roquette Co. announced the launch of new SSG product under brand “Beauty by Roquette” to be used in the cosmetics industry. It has also introduced modified starches, which are used in adhesives. Increasing consumer spending on eatables is expected to drive the growth of the market globally. Tablets made using wheat-based sodium starch glycolate may cause an adverse effect on the consumers due to the presence of gluten in the tablets.
 Segmentation
The global sodium starch glycolate market is segmented into product, applications, and region.
On the basis of the product, the market is divided into the potato, corn, wheat, and others.
Based on the application, the global sodium starch glycolate market is segmented into pharmaceuticals, food ingredients, adhesives, textile, and others.
Geographically, the market is divided into five key regions, including Asia Pacific, North America, Europe, Latin America, and Middle East & Africa.
Key Player:
Ø  DFE Pharma
Ø  Roquette
Ø  Shree Chemicals
Ø  Yung Zip Chemical Ind. co., Ltd
Ø  Prachin Chemical
Ø  NB Entrepreneurs
Ø  Spectrum Chemical Manufacturing Corp.
Ø  H.P. Chemicals
Ø  Remedy labs
Ø  JRS PHARMA
Ø  Muby Chemicals
Industry/ Innovation/ Related News:
June 2017- Roquette acquire Blancer’s Brazil-based Itacel, an excipient division to meet the growing market demand of binders, fillers, and disintegrants. This acquisition is expected to expand footprint of Roquette in North America, Brazil, and Latin America region. Roquette’s agreement includes intecel’s manufacturing plant with R&D facilities along with its employee.
January 2017- JRS Pharma expanded its disintegrants plant facility in Gujarat Microwax of India. This expansion project increases its capacity to double its original capacity. EXPLOTAB® Sodium Starch Glycolate and VIVASOL® Croscarmellose Sodium are the two disintegrants brands of JRS Pharma.
September 2017- Chinese company Yung Zip Chemical Ind. co., Ltd. made an agreement with Anshul Life sciences, India regarding the distribution of its DST brand of Sodium Starch Glycolate (SSG). DST® brand of SSG is equipped with all the necessary regulatory documents. Anshul Life Sciences is having sufficient stocks &services to cater to the customer requirements with continuous uninterrupted supplies.
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