Tablet Coatings Market - Trends Forecast Till 2028

Tablet Coatings markets , by Polymer (Cellulosic, Vinyl, Acrylic), Functionality (Delayed Release, Sustained Release), Type (Sugar Coated, Film Coated, Enteric Coated), End User (Pharmaceutical, Nutraceutical) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America (Insights are provided for each region and major countries within the region)

Published Date: January, 2021

Base Year Estimate: 2020

Report ID: D-PH-TCM-80

Format:  

Number of Pages: 345

Domain: Pharmaceutical

Tablet Coatings Market – Trends Forecast Till 2028

Global Tablet Coatings Market is anticipated to reach USD 971 million by 2021 and growing at a CAGR of 5.9% during the forecasting period, 2021-2028. 

The shifting focus of pharmaceutical manufacturing to emerging markets along with the increasing outsourcing of operations to these countries and the growing biologics and biosimilars industry presents significant opportunities for market growth. The rising focus on sports nutrition and the technological advancements taking place in niche market areas also offers significant growth opportunities for players operating in this space.

Growth in this market is majorly driven by the growing pharmaceutical industry coupled with the increasing R&D activities taking place in this field. Also, the growing generics market, rapidly growing biopharmaceuticals sector, growing nutraceutical industry, and the rising adoption of orphan drugs are supporting the growth of the market.

Tablet Coatings Market – Trends Forecast Till 2028The Global Tablet Coatings market is segmented into Polymer, Functionality, Type, End-User, and Geography.

Polymer segment is segmented into Cellulosic, Vinyl, and Acrylic.

Functionality segment is segmented into Delayed Release, Sustained Release

Type is segmented into Sugar Coated, Film Coated, Enteric Coated

End-User is segmented into Pharmaceutical, Nutraceutical

Geographically, global Tablet Coatings is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America and insights are provided for each region and major countries within the regions.

Key players in the global Tablet Coatings market are Colorcon Inc., Sensient Technologies Corporation, BASF SE, Evonik Industries AG, Ashland Global Holdings Inc., DuPont De Numeours Inc., Kerry Group plc, Roquette Freres, Eastman Chemical Company, Air Liquide S.A., and Merck KGaA.

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

  • In April 2019, Colorcon Inc. expanded its coating portfolio by adding a range of modified release products of DuPont's Aquacoat technology. The product line includes Aquacoat ECD, colloidal dispersion of ethylcellulose polymer for sustained release. The coatings will be used in both pharmaceutical and nutritional solid dose applications.

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In addition to the market data for the Tablet Coatings market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conferences like Jefferies conference)—to identify and collect information useful for this study of the Tablet Coatings. The purpose of secondary research is to identify and collection of extensive, technical, market-oriented, and commercial studies of the global Tablet Coatings. Through secondary research, the market is classified and segmented as per of industry trend, development, regional market. Product and technology development. 

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the Tablet Coatings.

Primary Respondent breakdown is given below:

Primary Respondents

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the Tablet Coatings. This approach has also been used to derive the market for segmentation and sub-segmentation. 

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data, we contact primary respondents in order to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants 

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Tablet Coatings   so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope
 

Report Feature

Descriptions

Market Revenue In 2021

USD 971 million

Growth Rate

CAGR of 5.9% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year 

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Polymer, Functionality, Type, End-User, and Geography.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Colorcon Inc., Sensient Technologies Corporation, BASF SE, Evonik Industries AG, Ashland Global Holdings Inc., DuPont De Numeours Inc., Kerry Group plc, Roquette Freres, Eastman Chemical Company, Air Liquide S.A., and Merck KGaA

Available Customization 

In addition to the market data for the Tablet Coatings market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

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