The Tablet Coatings Market research report classifies the market trends relevant to the supply, requirement, and arrangement, at any rate, the new events. The report highlights huge drivers, restrictions and positive chances to give a definite image of the market. The Tablet Coatings Market research report gives complete details about the profitable emerging markets and examines insights over the markets' developing section. Furthermore, the Tablet Coatings Market research report gives a complete evaluation of market shares, approaches, products, verification, regulatory approvals, copyright aspect, and manufacturing proficiency of the leading players.

Tablet Coatings markets, by Polymer (Cellulosic, Vinyl, Acrylic), Functionality (Delayed Release, Sustained Release), Type (Sugar Coated, Film Coated, Enteric Coated), End User (Pharmaceutical, Nutraceutical), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America (Insights are provided for each region and major countries within the region)

Global Tablet Coatings Market is anticipated to reach USD 971 million by 2021 and grow at a CAGR of 5.9% during the forecasting period, 2021-2028.

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The shifting focus of pharmaceutical manufacturing to emerging markets along with the increasing outsourcing of operations to these countries and the growing biologics and biosimilars industry presents significant opportunities for market growth. The rising focus on sports nutrition and the technological advancements taking place in niche market areas also offers significant growth opportunities for players operating in this space.

Growth in this market is majorly driven by the growing pharmaceutical industry coupled with the increasing R&D activities taking place in this field. Also, the growing generics market, rapidly growing biopharmaceuticals sector, growing nutraceutical industry, and the rising adoption of orphan drugs are supporting the growth of the market.

Key Findings

·         The Global Tablet Coatings market is segmented into Polymer, Functionality, Type, End-User, and Geography.

·         Polymer segment is segmented into Cellulosic, Vinyl, and Acrylic.

·         Functionality segment is segmented into Delayed Release, Sustained Release

·         Type is segmented into Sugar Coated, Film Coated, Enteric Coated

·         End-User is segmented into Pharmaceutical, Nutraceutical

·         Geographically, global Tablet Coatings is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America and insights are provided for each region and major countries within the regions.

Competitive Landscape

Key players in the global Tablet Coatings market are

·         Colorcon Inc.

·         Sensient Technologies Corporation

·         BASF SE

·         Evonik Industries AG

·         Ashland Global Holdings Inc.

·         DuPont De Numeours Inc.

·         Kerry Group plc

·         Roquette Freres

·         Eastman Chemical Company

·         Air Liquide S.A.

·         Merck KGaA.

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Recent Developments

The companies have come up with various promotional activities in the form of launches, investments, acquisitions, and others, for instance:

In April 2019, Colorcon Inc. expanded its coating portfolio by adding a range of modified-release products of DuPont's Aquacoat technology. The product line includes Aquacoat ECD, colloidal dispersion of ethylcellulose polymer for sustained release. The coatings will be used in both pharmaceutical and nutritional solid dose applications.

Reasons to Acquire

·         Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors

·         Gain authentic and granular data access for Tablet Coatings to understand the trends and the factors involved in changing market situations

·         Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

·         In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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