Tablet Coatings Market size was valued at US$ 875.17 Mn. in 2023 and the total revenue is expected to grow at a CAGR of 5.8% through 2024 to 2030, reaching nearly US$ 1298.66 Mn.
Tablet Coatings Market Overview
Tablet coating is the process of applying a thin covering made of polymers to a tablet or granule that contains active pharmaceutical ingredients. Among the many uses for coating solid dosage forms, managing release profiles is the most crucial. Usually, tablets are coated in horizontally rotating pans, and the coating solution is sprayed directly onto the free surface of the tablet bed.
Tablet Coatings Market Scope and Methodology:
The primary objective of the paper is to present a thorough analysis of the Tablet Coatings market with an emphasis on a strategy driven by the market. This includes comprehending the features of the Tablet Coatings market, important trends, growth-promoting elements, and possible possibilities. Data is gathered using primary and secondary research approaches. Important market participants in the Tablet Coatings sector, such as vendors, manufacturers, suppliers, customers, and specialists, are surveyed and interviewed in order to gather primary data. Secondary data is gathered from a variety of sources, such as trade journals, government publications, business websites, market analyses, industry papers, annual reports, and databases.
The study provides a thorough examination of the various business tactics employed by top companies, such as joint ventures, mergers, acquisitions, and cooperative efforts. Using a SWOT analysis, the research evaluated the company's position in the market and identified its opportunities, threats, weaknesses, and strengths. Among the techniques employed to research the Tablet Coatings market were a feasibility study, a Porter's Five Forces analysis, and an assessment of investment returns. The regional and worldwide market sizes were ascertained by applying the bottom-up method.
Tablet Coatings Market Regional Insights
The current status of the Tablet Coatings market in each of the research participant countries is shown in the Regional Analysis section. Considering the intricacy of the Tablet Coatings company, local viewpoints need to be considered. The Tablet Coatings market is made up of North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. We look closely at the size, growth rate, imports and exports, and other features of each research region.
Tablet Coatings Market Segmentation
By Polymer Type
Cellulosic Polymers
Vinyl Derivatives
Acrylic Polymers
Other Polymers
By Functionality
Non-functional non-modifying coatings
Functional modifying coatings
Functional non-modifying coatings
By Type
Film-coated tablets
Sugar-coated tablets
Enteric-coated tablets
Gelatin-coated tablets
Other tablet coatings
By End User
Pharmaceutical Industry
Nutraceutical Industry
Tablet Coatings Market Key Players
- Colorcon Inc. (US)
- Sensient Technologies Corporation (US)
- BASF SE (Germany)
- Evonik Industries AG (Germany)
- Ashland Global Holdings Inc. (US)
- DuPont De Numeours Inc. (US)
- Kerry Group plc (Ireland)
- Roquette Freres (France)
- Eastman Chemical Company (US)
- Air Liquide S.A. (France)
- Merck KGaA (Germany)
- Corel Pharma Chem (India)
- Biogrund GmbH (Germany)
- Ideal Cures Pvt. Ltd. (India)
- Wincoat Colours & Coatings Pvt. Ltd. (India)
Key questions answered in the Tablet Coatings Market are:
- What are the upcoming industry applications and trends for the Tablet Coatings Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Tablet Coatings Market?
- Who are the leading companies and what are their portfolios in Tablet Coatings Market?
- What segments are covered in the Tablet Coatings Market?
- Who are the key players in the Tablet Coatings market?
- Which application holds the highest potential in the Tablet Coatings market?
- What are the key challenges and opportunities in the Tablet Coatings market?
- What is Tablet Coatings ?
- What was the Tablet Coatings market size in 2023?
- What will be the CAGR at which the Tablet Coatings market will grow?
- What is the growth rate of the Tablet Coatings Market?
- Which are the factors expected to drive the Tablet Coatings market growth?
- What are the different segments of the Tablet Coatings Market?
- What growth strategies are the players considering to increase their presence in Tablet Coatings ?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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