Tablet coating is the process of coating a tablet's surface with a coating material to achieve the desired properties of dosage form over the uncoated tablet. The tablet coating is done to mask the color, odor, or taste of the tablet, to incorporate another drug to fight the side effects of the original drugs, to enhance the expiration date, encapsulate the tablet with a smooth surface, to protect the gastric environment of the human body, and to control the release of the drug in the human body. The tablet coating is also used for improving product stability, and to increase the release properties of drugs.
Coating of the tablet is done by using cellulosic polymer (hydroxypropyl methylcellulose, hydroxypropyl cellulose, hydroxyethyl cellulose, methylcellulose, and sodium carboxymethyl cellulose), vinyl polymer (polyvinyl pyrrolidone, polyvinyl pyrrolidone-polyvinyl acetate copolymers, and polyvinyl alcohol), and acrylic polymers (Eudragit). Tablet coatings are required for producing delayed-release tablets, and sustained-release tablets. There are various types of tablet coatings, used in the pharmaceutical industry including sugar-coated, film-coated, and enteric-coated for achieving desired pharmacological action. Producing medical tablets with a coating has become more popular in the pharmaceutical industry nowadays.
Major factors driving the growth of the tablet coatings market include a rise in technological advancements in the equipment of tablet coating, an increase in the prevalence rate of chronic diseases such as heart diseases, cancer, ischemic stroke, and aneurysm, which required sustained and delayed release of drug, propel high adoption of tablet coatings for desired pharmacological action at particular interval of time. For instance, nitroglycerin sustained-release tablets (used for angina, and coronary artery disease) are available in the market under the brand name NIPTRO.
For instance, according to World Health Organization, Cardiovascular diseases (CVDs) are the leading cause of death globally, taking an estimated 17.9 million lives each year. It has been estimated in 2020 that around 17.9 million people die each year from CVDs, an estimated 31% of all deaths worldwide. According to the National Center for Health Statistics, every year, about 805,000 people in the U.S. have a heart attack. This led to increasing demand for sustained-release tablets for cardiac disease.
However, unfavorable reimbursements as well as complications such as high costs associated with coated tablets in comparison to conventional tablets are expected to hamper the market growth. On the contrary, unmet medical demands in developing countries and lucrative opportunities in emerging economies are expected to create huge opportunities for fibrin sealant manufacturers worldwide in the future.
Furthermore, the healthcare business is projected to witness growth, owing to a rise in surgeries such as heart bypass surgery, cancer surgeries, solid tumor surgeries, neurothrombectomy, and organ transplant surgeries, and a rise in awareness regarding the use of tablet coatings for controlling the release of drug. This is anticipated to offer remunerative opportunities for key players to invest in the market during the forecast period.
In addition, an increase in R&D investments in the discovery & development of advanced tablet coatings, an increase in tablet coatings-assisted clinical research studies, a significant rise in capital income in developed countries, and a rise in key strategies adopted by key players such as acquisition, collaboration, and agreement strengthen the demand for tablet coatings in the market.
For instance, in October 2020, Evonik launched 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.
The tablet coatings market is segmented on the basis of polymer, type, functionality, end user, and region. On the basis of polymer, the market is classified into cellulosic, vinyl, and acrylic. On the basis of type, the market is classified into sugar-coated, film-coated, enteric-coated, and gelatin-coated tablets, On the basis of functionality, it is classified into delayed-release, and sustained-release. Depending on the end user, it is fragmented into pharmaceutical, and nutraceutical. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and the rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, Thailand and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, North Africa, Saudi Arabia, and rest of LAMEA).
Major players profiled in the report are Air Liquide S.A., Aquadry Pharma Pvt. Ltd., Aries Exim Pvt. Ltd., Ashland Global Holdings, Inc., Biogrund GmbH, Coatings Place, Inc., Colorcon, Inc., Dupont De Nemours, Inc., Eastman, Evonik Industries AG, and Ideal Cures Pvt. Ltd.
Key Benefits For Stakeholders
Market research is offered along with information related to key drivers, restraints, and opportunities.
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the tablet coatings market analysis from 2021 to 2031 to identify the prevailing tablet coatings market opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
An in-depth analysis of the tablet coatings market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global tablet coatings market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Polymer
By Type
- Sugar Coated
- Film Coated
- Enteric Coated
- Gelatin-coated
By Functionality
- Delayed-Release
- Sustained Release
By End User
- Pharmaceutical
- Nutraceutical
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Thailand
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- North Africa
- Rest of LAMEA
- Key Market Players
- L'Air Liquide S.A.
- Aquadry Pharma Pvt. Ltd.
- Aries Exim Pvt. Ltd.
- Ashland Global Holdings, Inc.
- biogrund gmbh
- Coatings Place, Inc.
- Colorcon, Inc.
- DuPont de Nemours, Inc.
- Eastman
- evonik industries ag
- ideal cures pvt. ltd.
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: TABLET COATINGS MARKET, BY POLYMER
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Cellulosic
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Vinyl
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 Acrylic
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
CHAPTER 5: TABLET COATINGS MARKET, BY TYPE
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Sugar Coated
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Film Coated
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Enteric Coated
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
- 5.5 Gelatin-coated
- 5.5.1 Key market trends, growth factors and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market share analysis by country
CHAPTER 6: TABLET COATINGS MARKET, BY FUNCTIONALITY
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Delayed-Release
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 Sustained Release
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
CHAPTER 7: TABLET COATINGS MARKET, BY END USER
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Pharmaceutical
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market share analysis by country
- 7.3 Nutraceutical
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market share analysis by country
CHAPTER 8: TABLET COATINGS MARKET, BY REGION
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 North America
- 8.2.1 Key trends and opportunities
- 8.2.2 North America Market size and forecast, by Polymer
- 8.2.3 North America Market size and forecast, by Type
- 8.2.4 North America Market size and forecast, by Functionality
- 8.2.5 North America Market size and forecast, by End User
- 8.2.6 North America Market size and forecast, by country
- 8.2.6.1 U.S.
- 8.2.6.1.1 Key market trends, growth factors and opportunities
- 8.2.6.1.2 Market size and forecast, by Polymer
- 8.2.6.1.3 Market size and forecast, by Type
- 8.2.6.1.4 Market size and forecast, by Functionality
- 8.2.6.1.5 Market size and forecast, by End User
- 8.2.6.2 Canada
- 8.2.6.2.1 Key market trends, growth factors and opportunities
- 8.2.6.2.2 Market size and forecast, by Polymer
- 8.2.6.2.3 Market size and forecast, by Type
- 8.2.6.2.4 Market size and forecast, by Functionality
- 8.2.6.2.5 Market size and forecast, by End User
- 8.2.6.3 Mexico
- 8.2.6.3.1 Key market trends, growth factors and opportunities
- 8.2.6.3.2 Market size and forecast, by Polymer
- 8.2.6.3.3 Market size and forecast, by Type
- 8.2.6.3.4 Market size and forecast, by Functionality
- 8.2.6.3.5 Market size and forecast, by End User
- 8.3 Europe
- 8.3.1 Key trends and opportunities
- 8.3.2 Europe Market size and forecast, by Polymer
- 8.3.3 Europe Market size and forecast, by Type
- 8.3.4 Europe Market size and forecast, by Functionality
- 8.3.5 Europe Market size and forecast, by End User
- 8.3.6 Europe Market size and forecast, by country
- 8.3.6.1 Germany
- 8.3.6.1.1 Key market trends, growth factors and opportunities
- 8.3.6.1.2 Market size and forecast, by Polymer
- 8.3.6.1.3 Market size and forecast, by Type
- 8.3.6.1.4 Market size and forecast, by Functionality
- 8.3.6.1.5 Market size and forecast, by End User
- 8.3.6.2 France
- 8.3.6.2.1 Key market trends, growth factors and opportunities
- 8.3.6.2.2 Market size and forecast, by Polymer
- 8.3.6.2.3 Market size and forecast, by Type
- 8.3.6.2.4 Market size and forecast, by Functionality
- 8.3.6.2.5 Market size and forecast, by End User
- 8.3.6.3 UK
- 8.3.6.3.1 Key market trends, growth factors and opportunities
- 8.3.6.3.2 Market size and forecast, by Polymer
- 8.3.6.3.3 Market size and forecast, by Type
- 8.3.6.3.4 Market size and forecast, by Functionality
- 8.3.6.3.5 Market size and forecast, by End User
- 8.3.6.4 Italy
- 8.3.6.4.1 Key market trends, growth factors and opportunities
- 8.3.6.4.2 Market size and forecast, by Polymer
- 8.3.6.4.3 Market size and forecast, by Type
- 8.3.6.4.4 Market size and forecast, by Functionality
- 8.3.6.4.5 Market size and forecast, by End User
- 8.3.6.5 Spain
- 8.3.6.5.1 Key market trends, growth factors and opportunities
- 8.3.6.5.2 Market size and forecast, by Polymer
- 8.3.6.5.3 Market size and forecast, by Type
- 8.3.6.5.4 Market size and forecast, by Functionality
- 8.3.6.5.5 Market size and forecast, by End User
- 8.3.6.6 Rest of Europe
- 8.3.6.6.1 Key market trends, growth factors and opportunities
- 8.3.6.6.2 Market size and forecast, by Polymer
- 8.3.6.6.3 Market size and forecast, by Type
- 8.3.6.6.4 Market size and forecast, by Functionality
- 8.3.6.6.5 Market size and forecast, by End User
- 8.4 Asia-Pacific
- 8.4.1 Key trends and opportunities
- 8.4.2 Asia-Pacific Market size and forecast, by Polymer
- 8.4.3 Asia-Pacific Market size and forecast, by Type
- 8.4.4 Asia-Pacific Market size and forecast, by Functionality
- 8.4.5 Asia-Pacific Market size and forecast, by End User
- 8.4.6 Asia-Pacific Market size and forecast, by country
- 8.4.6.1 Japan
- 8.4.6.1.1 Key market trends, growth factors and opportunities
- 8.4.6.1.2 Market size and forecast, by Polymer
- 8.4.6.1.3 Market size and forecast, by Type
- 8.4.6.1.4 Market size and forecast, by Functionality
- 8.4.6.1.5 Market size and forecast, by End User
- 8.4.6.2 China
- 8.4.6.2.1 Key market trends, growth factors and opportunities
- 8.4.6.2.2 Market size and forecast, by Polymer
- 8.4.6.2.3 Market size and forecast, by Type
- 8.4.6.2.4 Market size and forecast, by Functionality
- 8.4.6.2.5 Market size and forecast, by End User
- 8.4.6.3 India
- 8.4.6.3.1 Key market trends, growth factors and opportunities
- 8.4.6.3.2 Market size and forecast, by Polymer
- 8.4.6.3.3 Market size and forecast, by Type
- 8.4.6.3.4 Market size and forecast, by Functionality
- 8.4.6.3.5 Market size and forecast, by End User
- 8.4.6.4 Australia
- 8.4.6.4.1 Key market trends, growth factors and opportunities
- 8.4.6.4.2 Market size and forecast, by Polymer
- 8.4.6.4.3 Market size and forecast, by Type
- 8.4.6.4.4 Market size and forecast, by Functionality
- 8.4.6.4.5 Market size and forecast, by End User
- 8.4.6.5 South Korea
- 8.4.6.5.1 Key market trends, growth factors and opportunities
- 8.4.6.5.2 Market size and forecast, by Polymer
- 8.4.6.5.3 Market size and forecast, by Type
- 8.4.6.5.4 Market size and forecast, by Functionality
- 8.4.6.5.5 Market size and forecast, by End User
- 8.4.6.6 Thailand
- 8.4.6.6.1 Key market trends, growth factors and opportunities
- 8.4.6.6.2 Market size and forecast, by Polymer
- 8.4.6.6.3 Market size and forecast, by Type
- 8.4.6.6.4 Market size and forecast, by Functionality
- 8.4.6.6.5 Market size and forecast, by End User
- 8.4.6.7 Rest of Asia-Pacific
- 8.4.6.7.1 Key market trends, growth factors and opportunities
- 8.4.6.7.2 Market size and forecast, by Polymer
- 8.4.6.7.3 Market size and forecast, by Type
- 8.4.6.7.4 Market size and forecast, by Functionality
- 8.4.6.7.5 Market size and forecast, by End User
- 8.5 LAMEA
- 8.5.1 Key trends and opportunities
- 8.5.2 LAMEA Market size and forecast, by Polymer
- 8.5.3 LAMEA Market size and forecast, by Type
- 8.5.4 LAMEA Market size and forecast, by Functionality
- 8.5.5 LAMEA Market size and forecast, by End User
- 8.5.6 LAMEA Market size and forecast, by country
- 8.5.6.1 Brazil
- 8.5.6.1.1 Key market trends, growth factors and opportunities
- 8.5.6.1.2 Market size and forecast, by Polymer
- 8.5.6.1.3 Market size and forecast, by Type
- 8.5.6.1.4 Market size and forecast, by Functionality
- 8.5.6.1.5 Market size and forecast, by End User
- 8.5.6.2 Saudi Arabia
- 8.5.6.2.1 Key market trends, growth factors and opportunities
- 8.5.6.2.2 Market size and forecast, by Polymer
- 8.5.6.2.3 Market size and forecast, by Type
- 8.5.6.2.4 Market size and forecast, by Functionality
- 8.5.6.2.5 Market size and forecast, by End User
- 8.5.6.3 South Africa
- 8.5.6.3.1 Key market trends, growth factors and opportunities
- 8.5.6.3.2 Market size and forecast, by Polymer
- 8.5.6.3.3 Market size and forecast, by Type
- 8.5.6.3.4 Market size and forecast, by Functionality
- 8.5.6.3.5 Market size and forecast, by End User
- 8.5.6.4 North Africa
- 8.5.6.4.1 Key market trends, growth factors and opportunities
- 8.5.6.4.2 Market size and forecast, by Polymer
- 8.5.6.4.3 Market size and forecast, by Type
- 8.5.6.4.4 Market size and forecast, by Functionality
- 8.5.6.4.5 Market size and forecast, by End User
- 8.5.6.5 Rest of LAMEA
- 8.5.6.5.1 Key market trends, growth factors and opportunities
- 8.5.6.5.2 Market size and forecast, by Polymer
- 8.5.6.5.3 Market size and forecast, by Type
- 8.5.6.5.4 Market size and forecast, by Functionality
- 8.5.6.5.5 Market size and forecast, by End User
CHAPTER 9: COMPANY LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Key developments
CHAPTER 10: COMPANY PROFILES
- 10.1 L'Air Liquide S.A.
- 10.1.1 Company overview
- 10.1.2 Company snapshot
- 10.1.3 Operating business segments
- 10.1.4 Product portfolio
- 10.1.5 Business performance
- 10.1.6 Key strategic moves and developments
- 10.2 Aquadry Pharma Pvt. Ltd.
- 10.2.1 Company overview
- 10.2.2 Company snapshot
- 10.2.3 Operating business segments
- 10.2.4 Product portfolio
- 10.2.5 Business performance
- 10.2.6 Key strategic moves and developments
- 10.3 Aries Exim Pvt. Ltd.
- 10.3.1 Company overview
- 10.3.2 Company snapshot
- 10.3.3 Operating business segments
- 10.3.4 Product portfolio
- 10.3.5 Business performance
- 10.3.6 Key strategic moves and developments
- 10.4 Ashland Global Holdings, Inc.
- 10.4.1 Company overview
- 10.4.2 Company snapshot
- 10.4.3 Operating business segments
- 10.4.4 Product portfolio
- 10.4.5 Business performance
- 10.4.6 Key strategic moves and developments
- 10.5 biogrund gmbh
- 10.5.1 Company overview
- 10.5.2 Company snapshot
- 10.5.3 Operating business segments
- 10.5.4 Product portfolio
- 10.5.5 Business performance
- 10.5.6 Key strategic moves and developments
- 10.6 Coatings Place, Inc.
- 10.6.1 Company overview
- 10.6.2 Company snapshot
- 10.6.3 Operating business segments
- 10.6.4 Product portfolio
- 10.6.5 Business performance
- 10.6.6 Key strategic moves and developments
- 10.7 Colorcon, Inc.
- 10.7.1 Company overview
- 10.7.2 Company snapshot
- 10.7.3 Operating business segments
- 10.7.4 Product portfolio
- 10.7.5 Business performance
- 10.7.6 Key strategic moves and developments
- 10.8 DuPont de Nemours, Inc.
- 10.8.1 Company overview
- 10.8.2 Company snapshot
- 10.8.3 Operating business segments
- 10.8.4 Product portfolio
- 10.8.5 Business performance
- 10.8.6 Key strategic moves and developments
- 10.9 Eastman
- 10.9.1 Company overview
- 10.9.2 Company snapshot
- 10.9.3 Operating business segments
- 10.9.4 Product portfolio
- 10.9.5 Business performance
- 10.9.6 Key strategic moves and developments
- 10.10 evonik industries ag
- 10.10.1 Company overview
- 10.10.2 Company snapshot
- 10.10.3 Operating business segments
- 10.10.4 Product portfolio
- 10.10.5 Business performance
- 10.10.6 Key strategic moves and developments
- 10.11 ideal cures pvt. ltd.
- 10.11.1 Company overview
- 10.11.2 Company snapshot
- 10.11.3 Operating business segments
- 10.11.4 Product portfolio
- 10.11.5 Business performance
- 10.11.6 Key strategic moves and developments