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The pharmaceutical solvent market is experiencing robust growth, driven by increasing demand for injectable formulations and research activities. The market is projected to reach approximately $4.5 billion by 2025, with a CAGR of 6.5%. Key trends include safety regulations and the shift towards greener, ecofriendly solvents in pharmaceutical production.
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◍ BASF SE
◍ Exxon Mobil
◍ Eastman Chemical
◍ Dow Chemical
◍ Yip’s Chemical
◍ Procter & Gamble Chemicals
◍ Alfa Aesar
◍ Clariant
◍ Merck
◍ Mitsubishi Chemical
The pharmaceutical solvent market features key players like BASF SE, Exxon Mobil, and Dow Chemical, offering diverse solvents for drug formulation and production. These companies innovate and enhance solvent efficiency, contributing to market growth. Notable sales figures include BASF SE: €78 billion, Exxon Mobil: $413.68 billion, and Eastman Chemical: $10.45 billion.
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Pharmaceutical Factory
Drug Research Institute
Chemical Industry
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Alcohol
Amine
Esters
Ethers
Chlorinated Solvents
Others
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$ X Billion USD