Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Tuesday, May 9, 2023

Lucintel Forecasts Tablet Coating Market to Reach $1.64 Billion by 2028

According to the recent study the tablet coating market is projected to reach an estimated $1.64 billion by 2028 from $1.24 billion in 2023, at a CAGR of 5.7% from 2023 to 2028. Growth in this market is primarily driven by growing adoption of orphan drugs, significant growth in the pharmaceutical industry, and increasing research and development (R&D) investment activities.

A more than 150–page report is developed to understand trends, opportunities and forecast in tablet coating market by polymer type (cellulosic polymers, vinyl derivatives, acrylic polymers and others), functionality (non-functional non-modifying coatings, functional modifying coatings and functional non-modifying coatings), coating type (film, sugar, enteric, gelatin and others), formulation (plasticizer, colorant and solvent), application (immediate-release, sustained-release and extended-release), end use (pharmaceutical, nutraceutical and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/tablet-coating-market.aspx

“Cellulosic polymers market is expected to remain the largest segment during the forecast period.”

Based on polymer type, the tablet coating market is segmented into cellulosic polymers, vinyl derivatives, acrylic polymers and others. Lucintel forecasts that the cellulosic polymers market is expected to remain the largest segment because of its strong properties, such as compressibility, flowability, soluble, and less sensitivity to wet granulation.

“Within the tablet coating market, the pharmaceutical segment is expected to remain the largest end use.”

Based on end use the pharmaceutical segment is expected to witness the highest growth over the forecast period due to the increasing frequency of various diseases and growing demand for innovative drug delivery formulation.

“North America will dominate the tablet coating market in near future.”

North America will remain the largest region due to increasing awareness of treatment among population and growing demand for innovative pharmaceutical products and biosimilars in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/tablet-coating-market.aspx.

Major players of tablet coating market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Colorcon, BASF SE, Kerry, Ideal Cures, Evonik Industries AG, and Sensient Technologies are among the major tablet coating providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/tablet-coating-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

Related reports

Mhealth Solution Market:

For more details click here https://www.lucintel.com/mhealth-solution-market.aspx

 

Minimally Invasive Surgery Market:

For more details click here https://www.lucintel.com/minimally-invasive-surgery-market.aspx

 

Medical Aesthetic Market:

For more details click here https://www.lucintel.com/medical-aesthetic-market.aspx

 

Neurostimulation Market:

For more details click here https://www.lucintel.com/neurostimulation-market.aspx

 

Nuclear Medicine/Radiopharmaceutical Market:

For more details click here https://www.lucintel.com/nuclear-medicine-radiopharmaceutical-market.aspx

 

Liquid Biopsy Market:

For more details click here https://www.lucintel.com/liquid-biopsy-market.aspx

 

Digital Fitness Market:

For more details click here https://www.lucintel.com/digital-fitness-market.aspx

 

Digital X-Ray Market:

For more details click here https://www.lucintel.com/digital-xray-market.aspx

 

Medical Robot Market:

For more details click here https://www.lucintel.com/medical-robot-market.aspx

 

Healthcare IT Market:

For more details click here https://www.lucintel.com/healthcare-it-market.aspx

No comments:

Post a Comment