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Tablet Coating Market Trends and Forecast

The future of the global tablet coating market looks promising with opportunities in pharmaceutical and nutraceutical end uses. The global tablet coating market is expected to reach an estimated $1,324.9 million by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are growing adoption of orphan drugs, significant growth in the pharmaceutical industry, and increasing research and development (R&D) investment activities.
Tablet Coating Market by Polymer Type, Functionality, Coating Type, Formulation, Application, and End Use
 

A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below.
Tablet Coating Market by Segments
 

Tablet Coating Market by Segment

The study includes trends and forecast for the global tablet coating market by polymer type, functionality, coating type, formulation, application, end use, and region, as follows:

Tablet Coating Market by Polymer Type [Value ($M) Shipment Analysis from 2018 to 2030]:

  • Cellulosic Polymers
  • Vinyl Derivatives
  • Acrylic Polymers
  • Others

Tablet Coating Market by Functionality [Value ($M) Shipment Analysis from 2018 to 2030]:

  • Non-Functional Non-Modifying Coatings
  • Functional Modifying Coatings
  • Functional Non-Modifying Coatings

Tablet Coating Market by Coating Type [Value ($M) Shipment Analysis from 2018 to 2030]:

  • Film
  • Sugar
  • Enteric
  • Gelatin
  • Others

Tablet Coating Market by Formulation [Value ($M) Shipment Analysis from 2018 to 2030]:

  • Plasticizer
  • Colorant
  • Solvent

Tablet Coating Market by Application [Value ($M) Shipment Analysis from 2018 to 2030]:

  • Immediate-Release
  • Sustained-Release
  • Extended-Release

Tablet Coating Market by End Use [Value ($M) Shipment Analysis from 2018 to 2030]:

  • Pharmaceutical
  • Nutraceutical
  • Others

Tablet Coating Market by Region [Value ($M) Shipment Analysis from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Tablet Coating Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, tablet coating companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tablet coating companies profiled in this report include- 

Tablet Coating Market Insights

  • Lucintel forecast that cellulosic polymers will remain the largest segment over the forecast period because of its strong properties, such as compressibility, flowability, soluble, and less sensitivity to wet granulation. 
  • Pharmaceutical is expected to remain the largest end use segment due to the increasing frequency of various diseases and growing demand for innovative drug delivery formulation.
  • North America will remain the largest region due to increasing awareness of treatment among population and growing demand for innovative pharmaceutical products and biosimilars in the region.

Features of the Tablet Coating Market

  • Market Size Estimates: Tablet coating market size estimation in terms of value ($M)
  • Trend And Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
  • Segmentation Analysis: Tablet coating market size by various segments, such as by polymer type, functionality, coating type, formulation, application, end use, and region
  • Regional Analysis: Tablet coating market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different polymer types, functionalities, coating types, formulations, applications, end uses, and regions for the tablet coating market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the tablet coating market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the tablet coating market size?
Answer: The global tablet coating market is expected to reach an estimated 
$1,324.9 million by 2030.
Q2. What is the growth forecast for tablet coating market?
Answer: The global tablet coating market is expected to grow with a CAGR of 5.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the tablet coating market?
Answer: The major drivers for this market are growing adoption of orphan drugs, significant growth in the pharmaceutical industry, and increasing research and development (R&D) investment activities.
Q4. What are the major segments for tablet coating market?
Answer: The future of the tablet coating market looks promising with opportunities in pharmaceutical and nutraceutical end uses.
Q5. Who are the key tablet coating companies?
Answer: Some of the key tablet coating companies are as follows:
Q6. Which tablet coating segment will be the largest in future?
Answer: Lucintel forecast that cellulosic polymers will remain the largest polymer type segment over the forecast period because of its strong properties, such as compressibility, flowability, soluble, and less sensitivity to wet granulation.
Q7. In tablet coating market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to increasing awareness of treatment among population and growing demand for innovative pharmaceutical products and biosimilars in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the tablet coating market by polymer type (cellulosic polymers, vinyl derivatives, acrylic polymers, and others), functionality (non-functional non-modifying coatings, functional modifying coatings, and functional non-modifying coatings), coating type (film, sugar, enteric, gelatin, and others), formulation (plasticizer, colorant, and solvent), application (immediate-release, sustained-release and extended-release), end use (pharmaceutical, nutraceutical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8.  What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?
 
For any questions related to tablet coating market or related tablet coating companies, tablet coating market size, tablet coating market share, tablet coating analysis, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Tablet Coating Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1: Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2: Global Tablet Coating Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Tablet Coating Market by Polymer Type
3.3.1: Cellulosic Polymers
3.3.2: Vinyl Derivatives 
3.3.3: Acrylic Polymers 
3.3.4: Others
3.4: Global Tablet Coating Market by Functionality 
3.4.1: Non-Functional Non-Modifying Coatings
3.4.2: Functional Modifying Coatings 
3.4.3: Functional Non-Modifying Coatings
3.5: Global Tablet Coating Market by Coating Type
3.5.1: Film
3.5.2: Sugar
3.5.3: Enteric 
3.5.4: Gelatin 
3.5.5: Others
3.6: Global Tablet Coating Market by Formulation
3.6.1: Plasticizer
3.6.2: Colorant 
3.6.3: Solvent
3.7: Global Tablet Coating Market by Application
3.7.1: Immediate-Release 
3.7.2: Sustained-Release 
3.7.3: Extended-Release
3.8: Global Tablet Coating Market by End Use
3.8.1: Pharmaceutical
3.8.2: Nutraceutical 
3.8.3: Others
 
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Tablet Coating Market by Region
4.2: North American Tablet Coating Market
4.2.1: North American Tablet Coating Market by Polymer Type: Cellulosic Polymers, Vinyl Derivatives, Acrylic Polymers, and Others
4.2.2: North American Tablet Coating Market by End Use: Pharmaceutical, Nutraceutical, and Others
4.3: European Tablet Coating Market
4.3.1: European Tablet Coating Market by Polymer Type: Cellulosic Polymers, Vinyl Derivatives, Acrylic Polymers, and Others
4.3.2: European Tablet Coating Market by End Use: Pharmaceutical, Nutraceutical, and Others
4.4: APAC Tablet Coating Market 
4.4.1: APAC Tablet Coating Market by Polymer Type: Cellulosic Polymers, Vinyl Derivatives, Acrylic Polymers, and Others
4.4.2: APAC Tablet Coating Market by End Use: Pharmaceutical, Nutraceutical, and Others
4.5: ROW Tablet Coating Market 
4.5.1: ROW Tablet Coating Market by Polymer Type: Cellulosic Polymers, Vinyl Derivatives, Acrylic Polymers, and Others
4.5.2: ROW Tablet Coating Market by End Use: Pharmaceutical, Nutraceutical, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Tablet Coating Market by Polymer Type 
6.1.2: Growth Opportunities for the Global Tablet Coating Market by Functionality
6.1.3: Growth Opportunities for the Global Tablet Coating Market by Coating Type
6.1.4: Growth Opportunities for the Global Tablet Coating Market by Formulation
6.1.5: Growth Opportunities for the Global Tablet Coating Market by Application
6.1.6: Growth Opportunities for the Global Tablet Coating Market by End Use     
6.1.7: Growth Opportunities for the Global Tablet Coating Market by Region
6.2: Emerging Trends in the Global Tablet Coating Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Tablet Coating Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Tablet Coating Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Colorcon 
7.2: BASF SE 
7.3: Kerry 
7.4: Ideal Cures 
7:5: Evonik Industries 
7.6: Sensient Technologies
 
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.