The R&D and production capabilities of the raw material pharmaceutical manufacturing industry in India will help them seize new opportunities in the future global API market. According to statistics, Indian pharmaceutical companies account for 1% of global pharmaceutical sales, accounting for 13th in the world, but their pharmaceutical sales share is 8%, ranking fourth in the world.
Through its own efforts, Indian APIs have become an important force in the global market. Not long ago, a research report published by the Italian Chemical Pharmaceuticals General Drugs Association (CPA) stated that in the next five years, the global API market is expected to grow rapidly and the average annual growth rate is expected to be driven by global demand. It reached 13.7%. Against this backdrop, the R&D and production capabilities of Indian companies will help them seize new opportunities in the future global API market.
In 2005, the raw material pharmaceutical production industry in India achieved a sales revenue of US$2 billion, ranking third in the world. It is estimated that by 2010, the industry's sales revenue will reach 4.8 billion US dollars, with an average annual growth rate of 19.3%. In contrast, although sales revenue of Italian APIs reached US$3.2 billion in 2005, the industry is almost at a standstill. It is estimated that by 2010, Italian API sales revenue will only increase to US$3.3 billion. In the next few years, European manufacturers of bulk pharmaceuticals will see their share of the global market decline, while the Asian market is growing at an extraordinary rate. Among them, India is expected to replace Italy in 2010 and become the world’s number one The two major raw material drug producing countries.
The Indian pharmaceutical industry is currently exploring markets in the United States, Europe, and Japan. About 90% of its total raw material medicines are sold. In these markets, pharmaceutical companies, regulatory agencies, and customers have paid more attention to the quality standards of APIs, intermediates, and excipients used in medicine, and have given Indian drug companies exporting to these regions many opportunities. .
Auxiliary Machines
Our auxiliary machines includes autoloader, hopper dryer, industrial water chiller, cooling tower, color mixture, crusher, air compressor, air cooling dryer, air filter, air tank, water tank, bottle conveyor etc, which support the running of the PET injection machine, Bottle Blowing Machine anf water production line.
We offer the compeletly water production line!
Air Compressor,Auxiliary Machines,Liquid Mixing Tank,Industrial Water Chiller
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