According to a new market research report published by Global Insight Services “ Tablet Coatings Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Tablet coatings are thin layers of material that are applied to the surface of tablets to modify their physical, chemical, or biological properties. Coatings can be applied to both the exterior and interior surfaces of tablets and are typically applied using an automated coating machine. Common reasons for applying a coating to a tablet include improving its appearance, delaying its release, masking its taste, or protecting it from the environment.
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Top Key Players in Tablet Coatings market: Colorcon Inc., Sensient Technologies Corporation, BASF SE, Evonik Industries AG, Ashland Global Holdings Inc., DuPont De Numeours Inc.
Key Trends
There are a few key trends in tablet coating technology.One is the use of more advanced polymers. These polymers can provide better barrier properties and can be tailored to the specific needs of the tablet.Another trend is the use of nanotechnology. This can be used to create coatings with very small pores that can control the release of active ingredients.
Key Drivers
Some of the key drivers of the tablet coatings market include the need for better patient compliance, the need for better aesthetics, and the need for better drug stability.Tablet coatings can improve patient compliance by making the tablets easier to swallow and by providing a more uniform dose.
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Market Segments
The Tablet Coatings Market is segmented by polymer, functionality, type, end-user, and region. By polymer, the market is divided into cellulosic, vinyl, and acrylic. Based on functionality, it is segmented into delayed release and sustained release. On the basis of type, it is bifurcated into sugar coated, film coated and enteric coated. By end-user it is classified into pharmaceutical and nutraceutical. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Reasons to buy Tablet Coatings Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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