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Tablet Coatings Market Size to Worth USD 1,543 Million by 2031 | Transparency Market Research

03-18-2024 01:44 PM CET | Health & Medicine

Press release from: Transparency Market Research

Tablet Coatings Market Size to Worth USD 1,543 Million by 2031 |

The Tablet Coatings Market is experiencing steady growth driven by factors such as the increasing demand for oral solid dosage forms, the development of novel drug delivery systems, and advancements in coating technologies. Tablet coatings serve multiple functions, including providing a protective barrier against environmental factors, improving palatability, facilitating swallowability, and modifying drug release kinetics. The market includes a wide range of coating materials, formulations, and technologies to meet diverse pharmaceutical and consumer needs.

Tablet Coatings market is estimated to attain a valuation of US$ 1,543 Mn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 5.3% during the forecast period, 2022-2031

Get a Sample Copy of the Tablet Coatings Market Research Report -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=83048&utm_source=openpr_amitugare&utm_medium=openpr

The significant players operating in the global Tablet Coatings market are

Invacare Corporation, Evonik Industries AG, Merck KGaA, BASF SE, Colorcon, Inc., Eastman Chemical Co., Kery Group plc, Ashland Global Holdings, Inc., Air Liquide S.A., and Roquette Freres

Key Drivers of the Tablet Coatings Market:

Rise in Pharmaceutical Manufacturing: The growing demand for pharmaceutical products, including generic drugs, over-the-counter (OTC) medications, and dietary supplements, is driving the need for efficient and cost-effective tablet coating solutions. Tablet coatings enable pharmaceutical manufacturers to enhance product performance, differentiate their products, and meet regulatory requirements.

Demand for Taste-Masking and Patient Compliance: Tablet coatings play a crucial role in taste-masking bitter or unpleasant-tasting APIs, improving patient acceptance and compliance, particularly in pediatric and geriatric populations. Taste-masked tablets are increasingly used in the development of pediatric formulations, chewable tablets, and orally disintegrating tablets (ODTs).

Advancements in Coating Technologies: Technological advancements in tablet coating equipment, processes, and materials are driving market growth. Innovative coating technologies, such as spray coating, fluidized bed coating, and film coating, offer advantages such as uniform coating distribution, precise control over coating thickness, and reduced processing times, enhancing manufacturing efficiency and product quality.

Focus on Extended-Release Formulations: With the growing interest in controlled-release and modified-release dosage forms, tablet coatings are utilized to achieve extended drug release profiles and optimize drug delivery. Enteric coatings, sustained-release coatings, and delayed-release coatings enable the formulation of once-daily or prolonged-action medications, improving patient convenience and therapeutic outcomes.

Future Outlook for the Tablet Coatings Market: The Tablet Coatings Market is poised for continued growth and innovation, driven by:

Demand for Specialty Coatings: The growing demand for specialty coatings, such as functional coatings for modified-release formulations, enteric coatings for gastric protection, and moisture-resistant coatings for hygroscopic drugs, will drive market expansion. Specialty coatings offer customized solutions for complex drug delivery challenges and niche therapeutic applications.

Integration of Advanced Technologies: Integration of advanced technologies, such as nanotechnology, 3D printing, and continuous manufacturing, into tablet coating processes will enable the development of next-generation coatings with enhanced performance and functionality. These technologies offer opportunities for product differentiation, rapid prototyping, and on-demand manufacturing.

Focus on Sustainability and Green Chemistry: The adoption of sustainable practices, green chemistry principles, and eco-friendly coating materials is gaining momentum in the pharmaceutical industry. Manufacturers are exploring biodegradable polymers, solvent-free coating formulations, and recycling initiatives to minimize environmental impact and promote sustainable manufacturing practices.

Personalized Medicine and Patient-Centric Coatings: The rise of personalized medicine and patient-centric healthcare approaches will drive demand for tailored tablet coatings designed to meet individual patient needs and preferences. Customized coatings, flavor masking agents, and dosage forms will enhance patient adherence, therapeutic outcomes, and medication experience.

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Market Segmentation -

Market Segmentation

Polymer Type
Cellulosic Polymers
Hydroxypropyl Methylcellulose (HPMC)
Hydroxypropyl Cellulose (HPC)
Ethyl Cellulose (EC)
Methyl Cellulose
Others

Vinyl Derivatives
Polyvinyl Pyrrolidone
Polyvinyl Alcohol
Others

Acrylic Polymers
Polymethacrylate
Polymethyl Methacrylate
Others

Others
Polyethylene Glycol
Polydextrose
Others Slings

Type of Coating
Film-coated Tablets
Sugar-coated Tablets
Enteric-coated Tablets
Gelatin-coated Tablets
Others

End-user
Pharmaceuticals Industry
Nutraceutical Industry

This Report lets you identify the opportunities in Tablet Coatings Market by means of a region:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

Key Features of the Tablet Coatings Market Report: -

➤ Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.

➤ Examine the market opportunities for stakeholders by identifying higher growth sections.

➤ To study and analyze the global Tablet Coatings industry status and forecast including key regions.

➤ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

➤ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

➤ It helps you make strategic business decisions and investment plans.

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About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

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