Pharmaceutical Solvents continue to witness significant demand with major applications in paints & coatings, polymer manufacturing, and printing inks

The main challenge for the pharmaceutical solvents industry is the strict government regulations regarding its manufacture, handling, and transport. Recent incidents of casualties caused due to fire accidents in various pharmaceutical solvents plants and health hazards associated with exposure to hazardous liquid effluents present in a number of pharmaceutical solvents present in the market shall be a big challenge for most product manufacturers in meeting the safety standards laid down by the governing bodies. The health hazards caused due to direct exposure to hazardous drugs such as antineoplastic and cytotoxic agents pose great threats to mankind. Drug spills can cause major contamination of the local environment and leakage of hazardous drugs can result in severe consequences.

To reduce such health hazards, adequate measures are mandatory by healthcare organizations. The demand and supply chain in the pharmaceutical solvent market will also witness significant changes in coming years to provide a safe and reliable environment for workplaces. Pharmaceutical engineers are well aware of the challenges that the industry is facing in its continuous growth. Demand for pharmaceutical solvents for applications in the electronics sector has been growing rapidly in the last five years. However, there is a limited scope of applications in this vertical due to the cost factor and the size of the production unit.

The demand for chemical substances is increasing worldwide. Pharmaceutical engineers are focusing more on the development of cost-effective and long-term solutions for their customers. Therefore, there is an increasing focus on the usage of solvents for pharmaceutical applications in industries. This is due to the fact that it is economically feasible. Furthermore, the chemicals used in the manufacture of pharmaceutical products can be recycled easily. Hence, the chemicals do not need to be disposed of. Recently, in July 2020, Nouryon introduced a new version of its Kromasil silica-based chromatography material targeting the purification and analysis of pharmaceutical samples.