Global Sustained Release Coatings Market Report and Forecast 2023-2028

Global Sustained Release Coatings Market Report and Forecast 2023-2028


Market Outlook

According to the report by Expert Market Research (EMR), the global sustained release coatings market reached a value of USD 537.75 million in 2022. Aided by the growing demand for advanced drug delivery systems and the increased focus on improving patient compliance, the market is projected to further grow at a CAGR of 6.4% between 2023 and 2028 to reach a value of USD 780.01 million by 2028.

Sustained release coatings are applied to pharmaceutical dosage forms, primarily tablets and capsules, to control and extend the release of a therapeutic agent over a prolonged period. This technology enhances the efficacy of medications, reduces side effects, and improves patient adherence to treatment regimens.

As per the sustained release coatings market analysis, sustained release coatings are designed to release a drug at a predetermined, predictable, and sustained rate, ensuring that the concentration of the drug remains consistent over time. These coatings are formulated using various polymers, including cellulose derivatives, acrylic polymers, and protein-based materials, which control the drug release profile by modifying the dissolution and diffusion properties of the coatings.

The controlled release of drugs from sustained release formulations results in several benefits for patients, including reduced frequency of dosing, minimised drug fluctuations in the bloodstream, improved patient compliance, and potentially fewer side effects due to more consistent drug levels.

One of the key factors propelling the global sustained release coatings market demand is the growing prevalence of chronic diseases, such as diabetes and heart disease, which often require long-term medication. These coatings are particularly beneficial for elderly patients and those with chronic conditions who may be on multiple medications and are more likely to be non-compliant with complex dosing regimens.

Additionally, sustained release coatings market growth is being fuelled by the increasing demand of these coatings in the development of novel drug delivery systems, such as multiparticulate systems, which offer further refinements in drug release profiles. These advanced systems are driving innovation in the pharmaceutical sector, pushing companies to develop more patient-friendly and effective medications.

Moreover, the rising focus on patient-centric approaches in medicine is creating a strong demand for medications that are easier to adhere to and that minimise adverse effects – characteristics that are intrinsic to sustained release formulations.

The regulatory landscape is evolving to accommodate and even encourage the development of sustained release formulations. Regulatory agencies such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) are actively supporting innovations in drug delivery technologies through various incentives and expedited approval pathways.

Technological advancements in coating materials and equipment are also contributing to the sustained release coatings market share. For example, the development of aqueous coating systems has addressed many of the environmental and safety issues associated with solvent-based systems, making the coating process more efficient, safer, and more sustainable.

Market Segmentation

The market can be divided based on polymer material type, application, substrate, and region.

Market Breakup by Polymer Material Type
  • Ethyl and Methyl Cellulose
  • Polyvinyl and Cellulose Acetate
  • Methacrylic Acid
  • Polyethylene Glycol (PEG)
  • Others
Market Breakup by Application
  • In Vitro
  • In Vivo
Market Breakup by Substrate
  • Tablets
  • Capsules
  • Pills
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global sustained release coatings market. Some of the major players explored in the report by Expert Market Research are as follows:
  • BASF SE [BAS (ETR)]
  • Evonik Industries AG [EVK (ETR)]
  • Colorcon, Inc.
  • Coating Place, Inc.
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Sustained Release Coatings Market Analysis
8.1 Key Industry Highlights
8.2 Global Sustained Release Coatings Historical Market (2018-2022)
8.3 Global Sustained Release Coatings Market Forecast (2023-2028)
8.4 Global Sustained Release Coatings Market by Polymer Material Type
8.4.1 Ethyl and Methyl Cellulose
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Polyvinyl and Cellulose Acetate
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Methacrylic Acid
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Polyethylene Glycol (PEG)
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Sustained Release Coatings Market by Application
8.5.1 In Vitro
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 In Vivo
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.6 Global Sustained Release Coatings Market by Substrate
8.6.1 Tablets
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Capsules
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Pills
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.7 Global Sustained Release Coatings Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Sustained Release Coatings Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Sustained Release Coatings Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Sustained Release Coatings Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Sustained Release Coatings Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Sustained Release Coatings Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 BASF SE [BAS (ETR)]
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Evonik Industries AG [EVK (ETR)]
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Colorcon, Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Coating Place, Inc.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.3.5 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Sustained Release Coatings Market: Key Industry Highlights, 2018 and 2028
2. Global Sustained Release Coatings Historical Market: Breakup by Polymer Material Type (USD Million), 2018-2022
3. Global Sustained Release Coatings Market Forecast: Breakup by Polymer Material Type (USD Million), 2023-2028
4. Global Sustained Release Coatings Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Sustained Release Coatings Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Sustained Release Coatings Historical Market: Breakup by Substrate (USD Million), 2018-2022
7. Global Sustained Release Coatings Market Forecast: Breakup by Substrate (USD Million), 2023-2028
8. Global Sustained Release Coatings Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Sustained Release Coatings Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Sustained Release Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Sustained Release Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Sustained Release Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Sustained Release Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Sustained Release Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Sustained Release Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Sustained Release Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Sustained Release Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Sustained Release Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Sustained Release Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Sustained Release Coatings Market Structure

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