Global Tablet Coatings
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Tablet Coatings Market Report 2024.
According to cognitive market research, the global tablet coating market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Tablet Coatings Market Sales Revenue 2021 | $ 2.19 Billion |
Global Tablet Coatings Market Sales Revenue 2030 | $ 4.35 Billion |
Global Tablet Coatings Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.46% |
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
|
Market Split by Type |
|
Market Split by Polymer |
|
Market Split by Functionality |
|
Market Split by End-User |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Tablet Coatings industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Tablet Coatings Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
With the growing prevalence of chronic diseases and an aging population, there is a greater need for effective drug delivery systems. Tablet coatings play a crucial role in enhancing the patient experience by masking the unpleasant taste and odor of drugs, making them easier to swallow. This has led to increased adoption of tablet coatings by pharmaceutical manufacturers, thereby driving market growth.
Tablet coatings are anticipated to become more and more in demand as the market for oral solid dosage forms continues to grow. Tablet coatings contribute to the enhanced look, flavor, and durability of tablets, increasing their consumer appeal. Technological developments in coatings have produced novel coatings with enhanced drug release profiles and better protection. The market for tablet coatings is anticipated to expand as a result of these developments. There's a good chance that new technologies will soon replace pharmaceutical products administered orally. New solid-dose formats and greater efficiency are what are propelling the growth of the solid-dose pharmaceutical manufacturing industry.
• For instance, In October 2020, Evonik launched the EUDRAGIT ready-to-use powder premix to improve the processing, appearance, and swallowability of oral drug products with an immediate release profile. EUDRAGIT IR ReadyMix White is fast and easy to process, with a high-gloss coating delivering an elegant optical appearance and superior swallowability outcomes.
(Source:https://healthcare.evonik.com/en/evonik-launches-eudragit-ready-to-use-powder-premix-to-improve-processing-appearance-and-swallowabil-146360.html)
Globally, the prevalence of long-term conditions like diabetes, cancer, and cardiovascular disease is rising. As a result, there is now a greater need for tablet coatings as well as medications. Particularly in emerging markets, the pharmaceutical industry is expanding quickly. As more medications are created and produced, this growth should fuel the need for tablet coatings. The use of nutraceuticals is on the rise, particularly in developed countries. Nutraceuticals are often encapsulated or coated to protect them from degradation and improve their delivery to the body. This is expected to drive the demand and growth for the market
• For instance, according to the estimates of the Centers for Disease Control and Prevention, an estimated 53.2 million adults in the United States, approximately 21.2% of the population, have been diagnosed by a doctor to have some form of arthritis in 2023.
Research and development, formulation optimization, and equipment investment are just a few of the significant costs associated with the creation and manufacturing of tablet coatings. These expenses may be prohibitive, especially for smaller producers or those in competitive markets. The cost of creating and manufacturing tablet coatings can affect a company's profitability and ability to compete in the market. The market for tablet coatings is predicted to grow slowly due to the high cost of the microencapsulation process and unfavorable drug price control laws.
Because of COVID-19, there has been an impact on the global tablet coating market because of travel restrictions and lockdowns enforced by governments worldwide. As a result, COVID-19 negatively impacted the healthcare industry and caused supply chain disruptions involving raw materials, manufacturing, and delivery. New medications were created as a result of the sharp rise in demand for COVID-19 infection treatment medication development. Due to the pandemic, major pharmaceutical companies have increased the repurposing of drugs. Thus, during the pandemic, the market grew moderately.
• For instance, The All-India Organization of Chemists and Druggists (AIOCD) report states that Indians spent more money on vitamin supplements and other immunity boosters between January 2020 and May 2021 than they had the year before as the demand for drugs used to treat COVID-19 increased both directly and indirectly.’
(Source:https://theprint.in/health/indians-bought-over-500-crore-pills-of-vitamin-c-zinc-multivitamins-to-battle-covid-in-2020/599344/)
Tablet coatings have practical and protective uses in addition to being aesthetically pleasing. The development of coatings with particular purposes, like moisture barrier, taste-masking, extended-release, and enteric coatings, is attracting more and more attention from manufacturers. By preventing sensitive ingredients from deteriorating, controlling drug release, increasing patient compliance, and covering up unpleasant tastes, these coatings improve the efficiency and efficacy of tablets.
• For instance, Colorcon has developed and launched the Nutrafinish Film Coatings portfolio, which includes label-friendly and titanium dioxide-free coating products for the nutraceutical industry.
(Source:https://www.colorcon.com/colorcon-insights/label-friendly)
We have various report editions of Tablet Coatings Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The competitive environment in the tablet coatings market is shaped by elements like new product development, R&D, and customer-focused strategies. Businesses concentrate on creating sophisticated tablet coating formulations that provide better functionality, like longer shelf lives, better drug release profiles, and increased patient compliance. As environmental concerns grow, innovations in coating technologies like the creation of sustainable and eco-friendly coatings are also becoming more and more important. Major market participants who are essential in determining consumer preferences and market dynamics have a major impact on the tablet coating market. These major players provide consumers with easy access to a vast array of wardrobe options through their extensive retail networks and online platforms.
Top Companies Market Share in Tablet Coatings Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
For several reasons, North America dominates the tablet coatings market. Key pharmaceutical manufacturers are heavily represented in the area, which also boasts a well-established healthcare and pharmaceutical infrastructure. North America's need for tablet coatings is fueled by several factors, including rising R&D spending, high healthcare costs, and the availability of cutting-edge pharmaceutical manufacturing technologies. To add to its dominance in the market, the region emphasizes quality control and regulatory compliance, and it has a higher rate of adoption of innovative coating technologies.
Asia-Pacific is expected to grow at the highest rate during the forecast period. The market growth in this region is attributable to the presence of pharmaceutical companies in the region as well as growth in the purchasing power of populated countries, such as China and India. The demand for tablet coatings in this region is being driven by factors like a large patient population, rising healthcare spending, and an increase in pharmaceutical manufacturing activities in countries like China and India. The Asia Pacific tablet coatings market has experienced significant growth due to the expansion of pharmaceutical production and formulation activities. This growth has been fueled by the growing prevalence of chronic diseases and the need for convenient and effective dosage forms.
The current report Scope analyzes Tablet Coatings Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Tablet Coatings Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Tablet Coatings Industry growth. Tablet Coatings market has been segmented with the help of its Type, Polymer Functionality, and others. Tablet Coatings market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The tablet coating market is segregated into sugar-coated, film-coated, enteric-coated, and gelatin-coated tablets. The film-coated segment generated maximum revenue in 2024, due to the growing number of elderly people and the widespread use of film-coated tablets. An increase in the prevalence of conditions like diabetes, asthma, and acidity is linked to the growth of the film-coated segment, which in turn fuels the growth of other segments. Furthermore, the rise in the use of film-coated tablets as dietary supplements, such as nutrient compounds, is credited with the growth of these tablets. The growing use of these tablets as vitamin supplements and other health supplements is what's responsible for the film-coated tablet segment's expansion.
• For instance, In January 2023, Evonik announced the launch of its new Soluplus Aqua Dispersible Film Coating. This coating is designed to improve the dissolution and absorption of poorly water-soluble drugs.
(Source:https://central-south-america.evonik.com/en/evonik-launches-new-uv-led-curable-release-coatings-made-from-recycled-materials-for-more-sustainabl-221505.html)
• For instance, Corel Pharma has unveiled Colorcoat Rapid, a new-generation polyvinyl alcohol-based ready-to-use film coating designed for pharmaceutical applications.
(Source:https://www.corelpharmachem.com/products/)
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Tablet Coatings Industry. Request a Free Sample PDF!
The tablet coating market is segmented into cellulosic, vinyl, and acrylic. Based on polymer, the cellulosic segment generated maximum revenue in 2024, due to its benefits, which include high cellulosic adoption and easy solubility in a variety of organic solvent systems and aqueous media. These polymers are becoming more widely used because they can be used to create low-cost coatings with acceptable properties like good film strength, aqueous solubility, compressibility, reduced susceptibility to wet granulation, flowability, and improved tableting. The adoption of these polymers for coating applications is also being fueled by factors such as easy availability from manufacturers and acceptance by global regulations.
• For instance, in December 2022, BASF announced the launch of its new Biopolymer-Based Tablet Coating. This coating is designed to be more environmentally friendly than traditional tablet coatings.
(Source:https://www.basf.com/in/en/media/news-releases/asia-pacific/2024/04/basf-s-coatings-division-launches-a-new-generation-of-clearcoats.html)
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
The market is segmented into delayed-release and sustained-release. The sustained release segment generated maximum revenue in 2024 and is expected to witness the highest CAGR during the tablet coatings market forecast period, due to the rise in the frequency of conditions like diabetes, hypertension, and asthma that call for the sustained and regulated release of medications, as well as the growing awareness of the benefits of using sustained release formulations in the treatment of medical conditions.
• For instance, 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, a colloidal dispersion of ethylcellulose polymer for sustained release. The coatings will be used in both pharmaceutical and nutritional solid dose applications.
(Source:https://www.colorcon.com/markets/pharmaceuticals/film-coatings/sustained-release/aquacoat)
The tablet coating market is classified into pharmaceutical and nutraceutical. The pharmaceutical segment was the highest revenue contributor to the market in 2024 and is expected to witness the highest CAGR during the forecast period, due to an increase in the number of elderly people, an increase in the pharmaceutical industries, and an increase in the prevalence of diseases. The pharmaceutical segment of the tablet coatings market is growing at a faster rate thanks to the increase in healthcare spending. The pharmaceutical industry has become the market leader in tablet coatings due to its extensive production of tablets for a range of therapeutic uses
• For instance, as per the report published by the International Federation of Pharmaceutical Manufacturers & Association (IFPMA), global pharmaceutical research and development expenditure is expected to reach USD 213 billion in 2026 from USD 179 billion in 2020.
(Source:https://www.ifpma.org/wp-content/uploads/2023/01/i2023_IFPMA-Facts-And-Figures-2022.pdf)
Senior Research Analyst at Cognitive Market Research
• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.
Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Tablet coatings play a crucial role in enhancing the patient experience by masking the unpleasant taste and odor of drugs, making them easier to swallow. This has led to increased adoption of tablet coatings by pharmaceutical manufacturers, thereby driving market growth. Particularly in emerging markets, the pharmaceutical industry is expanding quickly. As more medications are created and produced, this growth should fuel the need for tablet coatings. The use of nutraceuticals is on the rise, particularly in developed countries. Nutraceuticals are often encapsulated or coated to protect them from degradation and improve their delivery to the body.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Sugar-Coated, Film-Coated, Enteric-Coated |
Polymer | Cellulosic, Vinyl, Acrylic |
Functionality | Delayed Release, Sustained Release |
End-User | Pharmaceutical, Nutraceutical, Others |
List of Competitors | Colorcon BPSI Holdings, Sensient, Evonik, BASF, Kerry, Ideal Cures, GEA Process Engineering, Contract Coating |
This chapter will help you gain GLOBAL Market Analysis of Tablet Coatings. Further deep in this chapter, you will be able to review Global Tablet Coatings Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Polymer Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Functionality Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by End-User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Tablet Coatings market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Sugar-Coated have a significant impact on Tablet Coatings market? |
What are the key factors affecting the Sugar-Coated and Film-Coated of Tablet Coatings Market? |
What is the CAGR/Growth Rate of Cellulosic during the forecast period? |
By type, which segment accounted for largest share of the global Tablet Coatings Market? |
Which region is expected to dominate the global Tablet Coatings Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Tablet Coatings Market
Request Sample