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The increasing prevalence of chronic diseases and the rising demand for controlled-release formulations are primarily expected to drive market growth.
The global sustained-release excipients industry was valued at USD 1.4 billion in 2024 and is projected to grow at an 8.3% CAGR from 2025 to 2034, driven by the increasing prevalence of chronic diseases and rising demand for controlled-release formulations.
The polymers segment generated USD 435.2 million in revenue in 2024, as their versatility allows for tailored drug release profiles, meeting specific therapeutic needs.
The U.S. sustained-release excipients market is expected to reach USD 967.4 million by 2034, driven by a high prevalence of chronic diseases and the need for formulations that improve patient compliance.
Key players in the market include BASF, Ashland Global, Colorcon, Croda International, DFE Pharma, Eastman, Evonik Industries, FMC Corporation, Gattefosse, International Flavors & Fragrances, and JRS Pharma.