Tablet Coating Market: Trends, Opportunities and Competitive Analysis [2024-2030]

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 billion 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 ($B) Shipment Analysis from 2018 to 2030]:

Cellulosic Polymers

Vinyl Derivatives

Acrylic Polymers

Others

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

Film

Sugar

Enteric

Gelatin

Others

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

Plasticizer

Colorant

Solvent

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

Immediate-Release

Sustained-Release

Extended-Release

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

Pharmaceutical

Nutraceutical

Others

Tablet Coating Market by Region [Value ($B) 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-

Colorcon

BASF SE

Kerry

Ideal Cures

Evonik Industries AG

Sensient Technologies

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 ($B)

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 billion 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:

Colorcon

BASF SE

Kerry

Ideal Cures

Evonik Industries

Sensient Technologies

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?
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