Global tablet coating market is anticipated to project a robust growth with an impressive CAGR in the forecast period, 2023-2027. The market is growing on the backbone of growing pharmaceutical industry along with the advancing drugs for various diseases. Moreover, increasing research and development taking place for the better and effective drugs for the diseases, along with the adoption of orphan drugs is anticipated to support the growth of the global tablet coating market in the upcoming five years. Furthermore, the shifting of pharmaceutical manufacturing to emerging markets and also increased outsourcing of operations of these drugs to various countries is anticipated to support the growth of the market in the next five years. Market players may find good opportunity in growing biologics and biosimilars industry also the increasing focus on sports nutrition and the technological advancements taking place in the healthcare market is also significantly aggregating the market growth.

Tablet film coating is the polymer coating that brings a uniform covering that provides a better mechanical strength. It covers a tablet which masks the taste of the drug, easier to swallow, or protects the drugs such that they are conveniently delivered at the targeted site. For an instance, drugs that are specifically designed for a liver disease, when ingested the drugs are safely delivered in the liver and then the outer layering breaks off releasing the drug in liver. Tablet coatings are made of harmless polymers that are internally digestible and does not hinder with the treatment of the disease.

The global tablet coating market is segmented by polymer, application, functionality, type, end user, competitional landscape, and regional distribution. Based on polymer, the market is further bifurcated into cellulosic polymer, vinyl polymer, and acrylic polymer. Cellulosic polymer is anticipated to hold the largest market share in the next five years, on the grounds of high adoption of these polymers since these polymers form coating that has good film strength, aqueous solubility, and compressibility, less sensitivity to wet granulation, flowability, and better tableting at a low price. Global regulatory acceptance along with the widespread distributing vendors are also supporting the growth of the market segment in the next five years, thereby projecting the growth of global tablet coating market.

Holding major shares of the global tablet coating market, major competitors are Air Liquide S.A., Sensient Technologies Corporation Ltd., Merck KGaA, Kerry Group PLC, DuPont De Numeours Inc., Aquadry Pharma Pvt. Ltd., BASF SE, Biogrund GmbH, Colorcon Inc., Evonik Industries AG, among others. Market players are focusing on the financial support toward the research and development toward the technical advancements of the tablet coatings thereby supporting the global tablet coating market in the next five years.

Objective of the Study:

  • To analyze the historical growth of the market size of global tablet coating market from 2017 to 2020.
  • To estimate and forecast the market size of global tablet coating market from 2021 to 2027 and growth rate until 2027. 
  • To classify and forecast global tablet coating market based on polymer, application, functionality, type, end user, regional distribution, and competitional landscape.
  • To identify dominant region or segment in the global tablet coating market.
  • To identify drivers and challenges for global tablet coating market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global tablet coating market.
  • To identify and analyze the profile of leading players operating in global tablet coating market.
  • To identify key sustainable strategies adopted by market players in global tablet coating market.

                                                                                                   

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of global tablet coating market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Manufacturers, end users, service providers and other stakeholders
  • Distributers and suppliers of products and other stakeholders
  • Organizations, forums, and alliances related to tablet coating market  
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as vendors, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Polymer

·         Application

·         Functionality

·         Type

·         End User

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa

Key Companies Profiled

Air Liquide S.A., Sensient Technologies Corporation Ltd., Merck KGaA, Kerry Group PLC, DuPont De Numeours Inc., Aquadry Pharma Pvt. Ltd., BASF SE, Biogrund GmbH, Colorcon Inc., Evonik Industries AG.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global tablet coating market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Tablet Coating Market, By Polymer:
    • Cellulosic Polymer
    • Vinyl Polymer
    • Acrylic Polymer
  • Global Tablet Coating Market, By Application:
    • Sustained Release
    • Enteric Release
    • Immediate Release
  • Global Tablet Coating Market, By Functionality:
    • Non-functional non-modifying coatings
    • Functional modifying coatings
    • Functional non-modifying coatings
  • Global Tablet Coating Market, By Type:
    • Sugar Coated
    • Film Coated
    • Enteric Coated
    • Gelatin Coated
  • Global Tablet Coating Market, By End User:
    • Pharmaceutical
    • Nutraceutical
  • Global Tablet Coating Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global Tablet Coating market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).


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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Tablet Coating Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Tablet Coating Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Polymer (Cellulosic Polymer, Vinyl Polymer, Acrylic Polymer)

6.2.2.     By Application (Sustained Release, Enteric Release, Immediate Release)

6.2.3.     By Functionality (Non-functional non-modifying coatings, Functional modifying coatings, Functional non-modifying coatings)

6.2.4.     By Type (Sugar Coated, Film Coated, Enteric Coated, Gelatin Coated)

6.2.5.     By End User (Pharmaceutical, Nutraceutical)

6.2.6.     By Company (2021)

6.2.7.     By Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa)

6.3.  Product Market Map

7.    North America Tablet Coating Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Polymer

7.2.2.     By Application

7.2.3.     By Functionality

7.2.4.     By Type

7.2.5.     By End User

7.2.6.     By Country (United States; Canada; Mexico)

7.3.  North America: Country Analysis

7.3.1.     United States Tablet Coating Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Polymer

7.3.1.2.2.             By Application

7.3.1.2.3.             By Functionality

7.3.1.2.4.             By Type

7.3.1.2.5.             By End User

7.3.2.     Canada Tablet Coating Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Polymer

7.3.2.2.2.             By Application

7.3.2.2.3.             By Functionality

7.3.2.2.4.             By Type

7.3.2.2.5.             By End User

7.3.3.     Mexico Tablet Coating Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Polymer

7.3.3.2.2.             By Application

7.3.3.2.3.             By Functionality

7.3.3.2.4.             By Type

7.3.3.2.5.             By End User

8.    Europe Tablet Coating Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Polymer

8.2.2.     By Application

8.2.3.     By Functionality

8.2.4.     By Type

8.2.5.     By End User

8.2.6.     By Country (France; Germany; UK; Italy; Spain)

8.3.  Europe: Country Analysis

8.3.1.     France Tablet Coating Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Polymer

8.3.1.2.2.             By Application

8.3.1.2.3.             By Functionality

8.3.1.2.4.             By Type

8.3.1.2.5.             By End User

8.3.2.     Germany Tablet Coating Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Polymer

8.3.2.2.2.             By Application

8.3.2.2.3.             By Functionality

8.3.2.2.4.             By Type

8.3.2.2.5.             By End User

8.3.3.     United Kingdom Tablet Coating Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Polymer

8.3.3.2.2.             By Application

8.3.3.2.3.             By Functionality

8.3.3.2.4.             By Type

8.3.3.2.5.             By End User

8.3.4.     Italy Tablet Coating Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Polymer

8.3.4.2.2.             By Application

8.3.4.2.3.             By Functionality

8.3.4.2.4.             By Type

8.3.4.2.5.             By End User

8.3.5.     Spain Tablet Coating Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Polymer

8.3.5.2.2.             By Application

8.3.5.2.3.             By Functionality

8.3.5.2.4.             By Type

8.3.5.2.5.             By End User

9.    Asia-Pacific Tablet Coating Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Polymer

9.2.2.     By Application

9.2.3.     By Functionality

9.2.4.     By Type

9.2.5.     By End User

9.2.6.     By Country (China; India; Japan; South Korea; Australia)

8.3  Asia-Pacific: Country Analysis

8.3.1      China Tablet Coating Market Outlook

8.3.1.1  Market Size & Forecast

8.3.1.1.1      By Value

8.3.1.2  Market Share & Forecast

8.3.1.2.1      By Polymer

8.3.1.2.2      By Application

8.3.1.2.3      By Functionality

8.3.1.2.4      By Type

8.3.1.2.5      By End User

8.3.2      India Tablet Coating Market Outlook

8.3.2.1  Market Size & Forecast

8.3.2.1.1      By Value

8.3.2.2  Market Share & Forecast

8.3.2.2.1      By Polymer

8.3.2.2.2      By Application

8.3.2.2.3      By Functionality

8.3.2.2.4      By Type

8.3.2.2.5      By End User

8.3.3      Japan Tablet Coating Market Outlook

8.3.3.1  Market Size & Forecast

8.3.3.1.1      By Value

8.3.3.2  Market Share & Forecast

8.3.3.2.1      By Polymer

8.3.3.2.2      By Application

8.3.3.2.3      By Functionality

8.3.3.2.4      By Type

8.3.3.2.5      By End User

8.3.4      South Korea Tablet Coating Market Outlook

8.3.4.1  Market Size & Forecast

8.3.4.1.1      By Value

8.3.4.2  Market Share & Forecast

8.3.4.2.1      By Polymer

8.3.4.2.2      By Application

8.3.4.2.3      By Functionality

8.3.4.2.4      By Type

8.3.4.2.5      By End User

8.3.5      Australia Tablet Coating Market Outlook

8.3.5.1  Market Size & Forecast

8.3.5.1.1      By Value

8.3.5.2  Market Share & Forecast

8.3.5.2.1      By Polymer

8.3.5.2.2      By Application

8.3.5.2.3      By Functionality

8.3.5.2.4      By Type

8.3.5.2.5      By End User

10.  Middle East and Africa Tablet Coating Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Polymer

10.2.2.  By Application

10.2.3.  By Functionality

10.2.4.  By Type

10.2.5.  By End User

10.2.6.  By Country (UAE; Saudi Arabia; South Africa)

10.3.              MEA: Country Analysis

10.3.1.  South Africa Tablet Coating Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Polymer

10.3.1.2.2.           By Application

10.3.1.2.3.           By Functionality

10.3.1.2.4.           By Type

10.3.1.2.5.           By End User

10.3.2.  Saudi Arabia Tablet Coating Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Polymer

10.3.2.2.2.           By Application

10.3.2.2.3.           By Functionality

10.3.2.2.4.           By Type

10.3.2.2.5.           By End User

10.3.3.  UAE Tablet Coating Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Polymer

10.3.3.2.2.           By Application

10.3.3.2.3.           By Functionality

10.3.3.2.4.           By Type

10.3.3.2.5.           By End User

11.  South America Tablet Coating Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Polymer

11.2.2.  By Application

11.2.3.  By Functionality

11.2.4.  By Type

11.2.5.  By End User

11.2.6.  By Country (Brazil; Argentina; Colombia)

11.3.              South America: Country Analysis

11.3.1.  Brazil Tablet Coating Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Polymer

11.3.1.2.2.           By Application

11.3.1.2.3.           By Functionality

11.3.1.2.4.           By Type

11.3.1.2.5.           By End User

11.3.2.  Argentina Tablet Coating Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Polymer

11.3.2.2.2.           By Application

11.3.2.2.3.           By Functionality

11.3.2.2.4.           By Type

11.3.2.2.5.           By End User

11.3.3.  Colombia Tablet Coating Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Polymer

11.3.3.2.2.           By Application

11.3.3.2.3.           By Functionality

11.3.3.2.4.           By Type

11.3.3.2.5.           By End User

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Global Players Profiled (Leading Companies)

14.2.1.  Air Liquide S.A.

14.2.2.  Sensient Technologies Corporation Ltd.

14.2.3.  Merck KGaA

14.2.4.  Kerry Group PLC

14.2.5.  DuPont De Numeours Inc.

14.2.6.  Aquadry Pharma Pvt. Ltd.

14.2.7.  BASF SE

14.2.8.  Biogrund GmbH

14.2.9.  Colorcon Inc.

14.2.10.                Evonik Industries AG

15. Strategic Recommendations

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