The global binder excipients market is experiencing significant growth and is projected to expand at a substantial pace during the forecast period. This growth is attributed to the increasing demand for various pharmaceutical products, driven by factors such as the aging population and rising cases of chronic diseases. Binder excipients, which are pharmacologically inactive substances formulated alongside active pharmaceutical ingredients, play a crucial role in the development of pharmaceutical formulations.
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Key Drivers of Global Binder Excipients Market
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