Tablet Coatings Market by Polymer (Cellulosic, Vinyl, Acrylic), Functionality (Delayed Release, Sustained Release), Type (Sugar Coated, Film Coated, Enteric Coated), End User (Pharmaceutical, Nutraceutical), COVID-19 Impact - Global Forecast to 2025
The tablet coatings market is projected to reach USD 969 million by 2025 from USD 739 million in 2020, at a CAGR of 5.6% during the forecast period. The growth of the pharmaceutical market along with the increasing R&D activities & clinical trial studies is the primary reason the market is witnessing significant growth. Furthermore, the growing adoption of oral formulations among the growing geriatric population, rising adoption of orphan drugs, and increasing uptake of biopharmaceuticals are driving the growth of the market. The emergence of multifunctional excipients, shifting focus of pharmaceutical manufacturing to emerging markets, rising focus on nutraceuticals, and the growing biosimilars industry also present significant growth opportunities for market players. However, the increasing regulatory stringency and the cost and time-intensive drug development process are expected to restrain the growth of this market to a certain extent during the forecast period.
The global tablet coatings market is consolidated at the top, with a large number of leading market players based in developed countries. The prominent players in this market are Colorcon Inc. (US), Sensient Technologies Corporation (US), BASF SE (Germany), Evonik Industries AG (Germany), Ashland Global Holdings Inc. (US), DuPont De Numeours Inc. (US), Kerry Group plc (Ireland), Roquette Freres (France), Eastman Chemical Company (US), Air Liquide S.A. (France), Merck KGaA (Germany), Corel Pharma Chem (India), Biogrund GmbH (Germany), Ideal Cures Pvt. Ltd. (India), Wincoat Colours & Coatings Pvt. Ltd. (India), Spectrum Chemical Mfg. Corp. (US), Coating Place, Inc. (US), Lubrizol Corporation (US), Aquadry Pharma Pvt. Ltd. (India), and Aries Exim Pvt. Ltd. (India). However, in the last few years, a number of smaller players have emerged from niche markets and are competing with global players based on price and technological innovation. Due to the intense competition in the market, major market players are increasingly focusing on expanding their geographic presence into high-growth emerging markets and strengthening their competitiveness in the market by acquiring smaller players with desired technological capabilities or geographic presence.
Based on polymer type, the tablet coatings market is segmented into cellulose polymers, vinyl derivatives, acrylic polymers, and other polymers. The cellulose polymers segment accounted for the larger market share in 2019. The large share of this segment can be attributed to the high adoption of these polymers owing to the ability to form coatings generally having acceptable properties such as good film strength, aqueous solubility, and compressibility, less sensitivity to wet granulation, flowability, and better tableting at a low price.
Based on functionality, the non-functional non-modifying coatings segment is expected to grow at the highest CAGR during the forecast period, owing to the high use of these coatings for the manufacture of immediate-release dosage forms. Also, the benefits such as protection against light and moisture, easy identification, improved swallowability, and taste masking, and the growing demand for innovative drug delivery formulations and increasing focus on nutraceuticals and dietary supplements using immediate-release coatings will continue to drive market growth.
The tablet coatings market is segmented into film-coated, sugar-coated, gelatin-coated, enteric-coated tablets and other tablet coatings based on type. The film-coated tablets segment is expected to grow at the highest rate during the forecast period. The demand for film-coated tablets is high in the pharmaceutical industry due to the benefits of shorter processing times, fairly thin coats obtained as compared to other coating type, high resistance to mechanical influences, and addition of functional properties to the tablets. This is expected to support the growth of the segment even in the coming years.
Based on end users, the tablet coatings market is segmented into pharmaceutical and nutraceutical industry. The nutraceutical industry segment is projected to witness the highest growth during the forecast period. The rising demand for nutraceutical products to prevent the occurrence of lifestyle-associated diseases (such as obesity, arthritis, high blood pressure, cholesterol, and diabetes) is supporting the growth of this segment. Furthermore, innovations being undertaken by manufacturers towards using natural pigments for coating dietary supplements is supporting this growth.
The European tablet coatings market accounted for the larger market share in 2019. The large share of this market segment can be characterized by the presence of a number of pharmaceutical giants with large production capacities leading to a high consumption of excipients. The growing emphasis on superior pharmaceutical products, generics, and biosimilars has also led to the increase in the demand for novel excipients, which, in turn, is expected to drive the market growth in this region in the coming years.
The global tablet coatings market is consolidated at the top, with a large number of leading market players based in developed countries. The prominent players in this market are Colorcon Inc. (US), Sensient Technologies Corporation (US), BASF SE (Germany), Evonik Industries AG (Germany), Ashland Global Holdings Inc. (US), DuPont De Numeours Inc. (US), Kerry Group plc (Ireland), Roquette Freres (France), Eastman Chemical Company (US), Air Liquide S.A. (France), Merck KGaA (Germany), Corel Pharma Chem (India), Biogrund GmbH (Germany), Ideal Cures Pvt. Ltd. (India), Wincoat Colours & Coatings Pvt. Ltd. (India), Spectrum Chemical Mfg. Corp. (US), Coating Place, Inc. (US), Lubrizol Corporation (US), Aquadry Pharma Pvt. Ltd. (India), and Aries Exim Pvt. Ltd. (India). However, in the last few years, a number of smaller players have emerged from niche markets and are competing with global players based on price and technological innovation. Due to the intense competition in the market, major market players are increasingly focusing on expanding their geographic presence into high-growth emerging markets and strengthening their competitiveness in the market by acquiring smaller players with desired technological capabilities or geographic presence.
Based on polymer type, the tablet coatings market is segmented into cellulose polymers, vinyl derivatives, acrylic polymers, and other polymers. The cellulose polymers segment accounted for the larger market share in 2019. The large share of this segment can be attributed to the high adoption of these polymers owing to the ability to form coatings generally having acceptable properties such as good film strength, aqueous solubility, and compressibility, less sensitivity to wet granulation, flowability, and better tableting at a low price.
Based on functionality, the non-functional non-modifying coatings segment is expected to grow at the highest CAGR during the forecast period, owing to the high use of these coatings for the manufacture of immediate-release dosage forms. Also, the benefits such as protection against light and moisture, easy identification, improved swallowability, and taste masking, and the growing demand for innovative drug delivery formulations and increasing focus on nutraceuticals and dietary supplements using immediate-release coatings will continue to drive market growth.
The tablet coatings market is segmented into film-coated, sugar-coated, gelatin-coated, enteric-coated tablets and other tablet coatings based on type. The film-coated tablets segment is expected to grow at the highest rate during the forecast period. The demand for film-coated tablets is high in the pharmaceutical industry due to the benefits of shorter processing times, fairly thin coats obtained as compared to other coating type, high resistance to mechanical influences, and addition of functional properties to the tablets. This is expected to support the growth of the segment even in the coming years.
Based on end users, the tablet coatings market is segmented into pharmaceutical and nutraceutical industry. The nutraceutical industry segment is projected to witness the highest growth during the forecast period. The rising demand for nutraceutical products to prevent the occurrence of lifestyle-associated diseases (such as obesity, arthritis, high blood pressure, cholesterol, and diabetes) is supporting the growth of this segment. Furthermore, innovations being undertaken by manufacturers towards using natural pigments for coating dietary supplements is supporting this growth.
The European tablet coatings market accounted for the larger market share in 2019. The large share of this market segment can be characterized by the presence of a number of pharmaceutical giants with large production capacities leading to a high consumption of excipients. The growing emphasis on superior pharmaceutical products, generics, and biosimilars has also led to the increase in the demand for novel excipients, which, in turn, is expected to drive the market growth in this region in the coming years.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION & SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.2.2 MARKETS COVERED
FIGURE 1 TABLET COATINGS MARKET
1.2.3 YEARS CONSIDERED FOR THE STUDY
1.3 CURRENCY
1.4 STAKEHOLDERS
1.5 LIMITATIONS
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
FIGURE 2 RESEARCH DESIGN
2.1.1 SECONDARY RESEARCH
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY RESEARCH
2.1.2.1 Primary sources
2.1.2.2 Key data from primary sources
2.1.2.3 Breakdown of primaries
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS
FIGURE 5 REVENUE SHARE ANALYSIS ILLUSTRATION: ASHLAND
FIGURE 6 MARKET ANALYSIS APPROACH
FIGURE 7 TOP-DOWN APPROACH
FIGURE 8 CAGR PROJECTIONS
2.3 DATA TRIANGULATION APPROACH
FIGURE 9 DATA TRIANGULATION METHODOLOGY
2.4 MARKET SHARE ESTIMATION
2.5 ASSUMPTIONS FOR THE STUDY
2.6 COVID-19 HEALTH ASSESSMENT
2.7 COVID-19 ECONOMIC ASSESSMENT
2.8 ASSESSING THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO
FIGURE 10 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 11 RECOVERY SCENARIO OF THE GLOBAL ECONOMY
3 EXECUTIVE SUMMARY
FIGURE 12 TABLET COATINGS MARKET, BY POLYMER TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 13 TABLET COATINGS MARKET, BY FUNCTIONALITY, 2020 VS. 2025 (USD MILLION)
FIGURE 14 TABLET COATINGS MARKET, BY TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 15 TABLET COATINGS MARKET, BY END USER, 2020 VS. 2025 (USD MILLION)
FIGURE 16 GEOGRAPHIC ANALYSIS: TABLET COATINGS MARKET
4 PREMIUM INSIGHTS
4.1 TABLET COATINGS MARKET OVERVIEW
FIGURE 17 RISING DEMAND FOR INNOVATIVE DRUG DELIVERY FORMULATIONS TO DRIVE MARKET GROWTH
4.2 LATIN AMERICA: TABLET COATINGS MARKET, BY FUNCTIONALITY AND COUNTRY
FIGURE 18 NON-FUNCTIONAL NON-MODIFYING COATINGS SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE LATIN AMERICAN MARKET IN 2019
4.3 TABLET COATINGS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
FIGURE 19 CHINA TO REGISTER THE HIGHEST REVENUE GROWTH DURING THE FORECAST PERIOD
4.4 TABLET COATINGS MARKET, BY REGION (2018–2025)
FIGURE 20 EUROPE WILL CONTINUE TO DOMINATE THE TABLET COATINGS MARKET DURING THE FORECAST PERIOD
4.5 TABLET COATINGS MARKET: DEVELOPED VS. DEVELOPING MARKETS
FIGURE 21 DEVELOPING MARKETS TO REGISTER A HIGHER GROWTH RATE DURING THE FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
TABLE 1 TABLET COATINGS MARKET: IMPACT ANALYSIS
5.2.1 MARKET DRIVERS
5.2.1.1 Growing pharmaceuticals market
FIGURE 22 GLOBAL PHARMACEUTICAL DRUG SALES (2008–2022)
FIGURE 23 TOTAL R&D PIPELINE SIZE (2011–2017)
5.2.1.2 Surge in the generics market
TABLE 2 DRUGS GOING OFF-PATENT
FIGURE 24 GROWTH OF THE GENERICS MARKET, 2006 VS. 2016
5.2.1.3 Increasing uptake of biopharmaceuticals
5.2.1.4 Rising adoption of orphan drugs
FIGURE 25 INCREASING PENETRATION OF ORPHAN DRUGS (2010–2024)
FIGURE 26 RISING NUMBER OF ORPHAN INDICATIONS APPROVED IN THE US
5.2.1.5 Growing demand for nutraceuticals
5.2.2 MARKET RESTRAINTS
5.2.2.1 Cost and time-intensive drug development process
FIGURE 27 ESTIMATED PRE-APPROVAL COST OF BRINGING A NEW CHEMICAL OR BIOLOGICAL ENTITY TO MARKET (1970–2010)
5.2.2.2 Increasing regulatory stringency
5.2.2.3 High cost associated with the microencapsulation process in sustained-release formulations
5.2.2.4 Unfavorable drug price control policies
5.2.3 MARKET OPPORTUNITIES
5.2.3.1 Shifting focus of pharmaceutical manufacturing and outsourcing of operations to emerging countries
5.2.3.2 Growth in the biosimilars market
FIGURE 28 TOTAL NUMBER OF NEW MOLECULAR ENTITY (NME) & NEW BIOLOGIC LICENSE APPLICATION (BLA) FILINGS AND APPROVALS IN THE US, 2006–2018
TABLE 3 CLINICAL STUDIES FOR BIOLOGICS & BIOSIMILARS (2017)
TABLE 4 US: INDICATIVE LIST OF APPROVED BIOSIMILARS
5.2.3.3 Rising focus on sports nutrition
5.2.3.4 Technological advancements in niche markets
5.2.4 MARKET CHALLENGES
5.2.4.1 Safety and quality concerns
5.2.4.2 Changing trade policies between countries
5.2.4.3 Increasing penetration of counterfeit drugs in the market
5.2.4.4 Alcohol-induced dose-dumping due to sustained-release dosages
6 INDUSTRY INSIGHTS
6.1 INTRODUCTION
6.2 INDUSTRY TRENDS
6.2.1 NEED FOR SOLVENT/LIQUID-FREE COATING TECHNOLOGIES
6.2.2 TECHNOLOGICAL ADVANCEMENTS
6.2.3 IMPROVING EXCIPIENT CAPABILITIES BY USING NANOTECHNOLOGY
6.2.4 PHARMACEUTICAL EXCIPIENTS INFLUENCING THE COST OF PRODUCTION
6.3 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 TABLET COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS
6.3.1 THREAT OF NEW ENTRANTS
6.3.2 THREAT OF SUBSTITUTES
6.3.3 BARGAINING POWER OF SUPPLIERS
6.3.4 BARGAINING POWER OF BUYERS
6.3.5 INTENSITY OF COMPETITIVE RIVALRY
6.4 REGULATORY ANALYSIS
6.4.1 NORTH AMERICA
6.4.1.1 US
6.4.1.2 Canada
6.4.2 EUROPE
6.4.3 ASIA PACIFIC
6.4.3.1 Japan
6.4.3.2 China
6.4.3.3 India
6.5 VALUE CHAIN ANALYSIS
FIGURE 29 TABLET COATINGS MARKET: VALUE CHAIN ANALYSIS
6.6 ECOSYSTEM ANALYSIS
6.6.1 ECOSYSTEM ANALYSIS FOR THE PHARMACEUTICAL MARKET
6.6.2 ECOSYSTEM ANALYSIS FOR THE TABLET COATINGS MARKET
FIGURE 30 TABLET COATINGS MARKET: ECOSYSTEM ANALYSIS
6.7 PARENT MARKET ANALYSIS
FIGURE 31 PHARMACEUTICAL EXCIPIENTS MARKET SNAPSHOT
6.8 IMPACT OF COVID-19 ON THE TABLET COATINGS MARKET
6.9 PATENT ANALYSIS
6.9.1 PATENT PUBLICATION TRENDS FOR PHARMACEUTICAL COATING EXCIPIENTS
FIGURE 32 PATENT PUBLICATION TRENDS (2015–2020)
6.9.2 TOP APPLICANTS (COMPANIES/INSTITUTIONS) FOR PHARMACEUTICAL COATING EXCIPIENTS
FIGURE 33 TOP APPLICANTS (COMPANIES/INSTITUTIONS) FOR PHARMACEUTICAL COATING EXCIPIENT PATENTS (2015–2020)
6.9.3 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PHARMACEUTICAL COATING EXCIPIENT PATENTS
FIGURE 34 TOP APPLICANT COUNTRIES FOR PHARMACEUTICAL COATING EXCIPIENT PATENTS (2015–2020)
7 TABLET COATINGS MARKET, BY POLYMER TYPE
7.1 INTRODUCTION
TABLE 6 TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
7.2 CELLULOSIC POLYMERS
7.2.1 HIGH COMPRESSIBILITY AND AQUEOUS SOLUBILITY OF THESE POLYMERS DRIVING THEIR ADOPTION
TABLE 7 TABLET COATINGS MARKET FOR CELLULOSIC POLYMERS, BY COUNTRY, 2018–2025 (USD MILLION)
7.3 VINYL DERIVATIVES
7.3.1 SELF-SEALING AND HIGH ADHESION CHARACTERISTICS ARE IMPROVING THE UTILITY OF THESE COPOLYMERS
TABLE 8 TABLET COATINGS MARKET FOR VINYL DERIVATIVES, BY COUNTRY, 2018–2025 (USD MILLION)
7.4 ACRYLIC POLYMERS
7.4.1 ACRYLIC POLYMERS CAN BE USED WITH VARIOUS SOLVENTS AND PROVIDE HIGH VERSATILITY FOR USE AS COATINGS
TABLE 9 TABLET COATINGS MARKET FOR ACRYLIC POLYMERS, BY COUNTRY, 2018–2025 (USD MILLION)
7.5 OTHER POLYMERS
TABLE 10 TABLET COATINGS MARKET FOR OTHER POLYMERS, BY COUNTRY, 2018–2025 (USD MILLION)
8 TABLET COATINGS MARKET, BY FUNCTIONALITY
8.1 INTRODUCTION
TABLE 11 TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
8.2 NON-FUNCTIONAL NON-MODIFYING COATINGS
8.2.1 IMPROVED SWALLOWABILITY AND DRUG STABILITY OFFERED BY THESE COATINGS ARE DRIVING THEIR ADOPTION
TABLE 12 TABLET COATINGS MARKET FOR NON-FUNCTIONAL NON-MODIFYING COATINGS, BY COUNTRY, 2018–2025 (USD MILLION)
8.3 FUNCTIONAL MODIFYING COATINGS
8.3.1 INCREASING RESEARCH ACTIVITIES FOR SUSTAINED-RELEASE FORMULATIONS TO PROPEL MARKET GROWTH
TABLE 13 TABLET COATINGS MARKET FOR FUNCTIONAL MODIFYING COATINGS, BY COUNTRY, 2018–2025 (USD MILLION)
8.4 FUNCTIONAL NON-MODIFYING COATINGS
8.4.1 GROWING PREFERENCE FOR TARGETED-DRUG DELIVERY IS DRIVING THE ADOPTION OF THESE COATINGS
TABLE 14 TABLET COATINGS MARKET FOR FUNCTIONAL NON-MODIFYING COATINGS, BY COUNTRY, 2018–2025 (USD MILLION)
9 TABLET COATINGS MARKET, BY TYPE
9.1 INTRODUCTION
TABLE 15 TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
9.2 FILM-COATED TABLETS
9.2.1 FILM-COATED TABLETS SEGMENT DOMINATED THE MARKET IN 2019
TABLE 16 FILM-COATED TABLETS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
9.3 SUGAR-COATED TABLETS
9.3.1 SUGAR COATS ARE WIDELY USED FOR THE MANUFACTURE OF IMMEDIATE-RELEASE TABLETS
TABLE 17 SUGAR-COATED TABLETS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
9.4 ENTERIC-COATED TABLETS
9.4.1 LAUNCH OF NEW ENTERIC COATS IN THE MARKET SUPPORTING THEIR ADOPTION IN THE PHARMACEUTICAL INDUSTRY
TABLE 18 ENTERIC-COATED TABLETS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
9.5 GELATIN-COATED TABLETS
9.5.1 GEL-CAPS ARE MAJORLY USED FOR IMPROVING THE STABILITY OF PHOTOSENSITIVE ACTIVE PHARMACEUTICAL INGREDIENTS
TABLE 19 LIST OF DRUGS TYPICALLY SUBJECTED TO GELATIN COATING
TABLE 20 GELATIN-COATED TABLETS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
9.6 OTHER TABLET COATINGS
TABLE 21 OTHER TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
10 TABLET COATINGS MARKET, BY END USER
10.1 INTRODUCTION
TABLE 22 TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
10.2 PHARMACEUTICAL INDUSTRY
10.2.1 GROWING NEED TO ADDRESS FORMULATION-RELATED ISSUES DRIVING THE UPTAKE OF TABLET COATINGS
TABLE 23 TABLET COATINGS MARKET FOR PHARMACEUTICAL INDUSTRY, BY COUNTRY, 2018–2025 (USD MILLION)
10.3 NUTRACEUTICAL INDUSTRY
10.3.1 INCREASING DEMAND FOR QUALITY-SPECIALIZED DIETARY SUPPLEMENTS IS EXPECTED TO PROMOTE MARKET GROWTH
TABLE 24 TABLET COATINGS MARKET FOR NUTRACEUTICAL INDUSTRY, BY COUNTRY, 2018–2025 (USD MILLION)
11 TABLET COATINGS MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 35 TABLET COATINGS MARKET: GEOGRAPHIC SNAPSHOT (2019)
TABLE 25 TABLET COATINGS MARKET, BY REGION, 2018–2025 (USD MILLION)
11.2 EUROPE
FIGURE 36 EUROPE: TABLET COATINGS MARKET SNAPSHOT
TABLE 26 EUROPE: TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 27 EUROPE: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 28 EUROPE: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 29 EUROPE: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 30 EUROPE: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.1 GERMANY
11.2.1.1 Germany held the largest share of the European market in 2019
TABLE 31 GERMANY: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 32 GERMANY: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 33 GERMANY: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 34 GERMANY: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.2 FRANCE
11.2.2.1 Growth in the generics market in the country is expected to propel the tablet coatings market
TABLE 35 FRANCE: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 36 FRANCE: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 37 FRANCE: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 38 FRANCE: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.3 UK
11.2.3.1 Growing domestic market for pharmaceuticals and various government investments are driving market growth
TABLE 39 UK: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 40 UK: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 41 UK: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 42 UK: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.4 SWITZERLAND
11.2.4.1 Increasing R&D in the pharmaceutical industry will drive market growth in Switzerland
TABLE 43 SWITZERLAND: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 44 SWITZERLAND: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 45 SWITZERLAND: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 46 SWITZERLAND: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.5 ITALY
11.2.5.1 Budgetary constraints and restricted healthcare spending to impede the growth of the Italian market
TABLE 47 ITALY: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 48 ITALY: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 49 ITALY: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 50 ITALY: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.6 SPAIN
11.2.6.1 Increasing developments in the pharmaceutical packaging industry are propelling market growth in Spain
TABLE 51 SPAIN: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 52 SPAIN: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 53 SPAIN: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 54 SPAIN: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.7 REST OF EUROPE
TABLE 55 ROE: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 56 ROE: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 57 ROE: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 58 ROE: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.3 NORTH AMERICA
FIGURE 37 NORTH AMERICA: TABLET COATINGS MARKET SNAPSHOT
TABLE 59 NORTH AMERICA: TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 60 NORTH AMERICA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 61 NORTH AMERICA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 62 NORTH AMERICA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 63 NORTH AMERICA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.3.1 US
11.3.1.1 The US dominates the North American tablet coatings market
FIGURE 38 USE OF DIETARY SUPPLEMENTS IN THE US (2008–2017)
TABLE 64 US: KEY MACROINDICATORS
TABLE 65 US: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 66 US: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 67 US: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 68 US: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.3.2 CANADA
11.3.2.1 Strong growth of emerging markets and slowdown in new product approvals to hamper market growth in Canada
TABLE 69 CANADA: KEY MACROINDICATORS
TABLE 70 CANADA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 71 CANADA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 72 CANADA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 73 CANADA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4 ASIA PACIFIC
FIGURE 39 ASIA PACIFIC: TABLET COATINGS MARKET SNAPSHOT
TABLE 74 ASIA PACIFIC: TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 75 ASIA PACIFIC: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 76 ASIA PACIFIC: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 77 ASIA PACIFIC: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 78 ASIA PACIFIC: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.1 JAPAN
11.4.1.1 Early adoption of technologically advanced products attracting market players to Japan
TABLE 79 JAPAN: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 80 JAPAN: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 81 JAPAN: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 82 JAPAN: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.2 CHINA
11.4.2.1 China is one of the fastest-growing markets for tablet coatings
TABLE 83 CHINA: PHARMACEUTICALS MARKET (USD BILLION)
TABLE 84 CHINA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 85 CHINA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 86 CHINA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 87 CHINA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.3 INDIA
11.4.3.1 Growing contract manufacturing base in the country will drive market growth
TABLE 88 INDIA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 89 INDIA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 90 INDIA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 91 INDIA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.4 SOUTH KOREA
11.4.4.1 Highly attractive medical tourism industry of South Korea to propel market growth
TABLE 92 SOUTH KOREA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 93 SOUTH KOREA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 94 SOUTH KOREA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 95 SOUTH KOREA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.5 AUSTRALIA
11.4.5.1 Favorable R&D tax benefits offered in the country are expected to drive market growth
TABLE 96 AUSTRALIA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 97 AUSTRALIA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 98 AUSTRALIA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 99 AUSTRALIA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.6 REST OF ASIA PACIFIC
TABLE 100 ROAPAC: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 101 ROAPAC: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 102 ROAPAC: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 103 ROAPAC: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.5 LATIN AMERICA
FIGURE 40 LATIN AMERICA: TABLET COATINGS MARKET SNAPSHOT
TABLE 104 LATIN AMERICA: TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 105 LATIN AMERICA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 106 LATIN AMERICA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 107 LATIN AMERICA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 108 LATIN AMERICA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.5.1 BRAZIL
11.5.1.1 Growing focus on quality pharmaceuticals is a major factor driving market growth
TABLE 109 BRAZIL: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 110 BRAZIL: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 111 BRAZIL: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 112 BRAZIL: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.5.2 MEXICO
11.5.2.1 Improving healthcare infrastructure to drive market growth in Mexico
TABLE 113 MEXICO: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 114 MEXICO: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 115 MEXICO: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 116 MEXICO: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.5.3 REST OF LATIN AMERICA
TABLE 117 ROLA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 118 ROLA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 119 ROLA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 120 ROLA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.6 MIDDLE EAST & AFRICA
TABLE 121 MIDDLE EAST & AFRICA: TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 122 MIDDLE EAST & AFRICA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 123 MIDDLE EAST & AFRICA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 124 MIDDLE EAST & AFRICA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 125 MIDDLE EAST & AFRICA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.6.1 SAUDI ARABIA
11.6.1.1 Wider access to healthcare services is increasing the demand for pharmaceuticals
TABLE 126 SAUDI ARABIA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 127 SAUDI ARABIA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 128 SAUDI ARABIA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 129 SAUDI ARABIA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.6.2 UAE
11.6.2.1 Growing manufacturing base in the country is expected to support market growth
TABLE 130 UAE: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 131 UAE: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 132 UAE: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 133 UAE: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.6.3 REST OF MIDDLE EAST & AFRICA
TABLE 134 ROMEA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 135 ROMEA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 136 ROMEA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 137 ROMEA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES
12.3 REVENUE SHARE ANALYSIS OF TOP MARKET PLAYERS
FIGURE 41 REVENUE ANALYSIS OF TOP PLAYERS IN THE TABLET COATINGS MARKET
12.4 MARKET SHARE ANALYSIS
FIGURE 42 TABLET COATINGS MARKET SHARE, BY KEY PLAYER, 2019
12.5 COMPETITIVE LEADERSHIP MAPPING
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE
12.5.4 PARTICIPANTS
FIGURE 43 TABLET COATINGS MARKET: COMPETITIVE LEADERSHIP MAPPING (2019)
12.6 COMPANY PRODUCT FOOTPRINT
FIGURE 44 PRODUCT PORTFOLIO ANALYSIS: TABLET COATINGS MARKET
12.7 GEOGRAPHIC FOOTPRINT OF MAJOR PLAYERS IN THE TABLET COATINGS MARKET
FIGURE 45 GEOGRAPHIC REVENUE MIX: TABLET COATINGS MARKET (2019)
12.8 COMPETITIVE SCENARIO
12.8.1 PRODUCT LAUNCHES
TABLE 138 TABLET COATINGS MARKET: PRODUCT LAUNCHES, 2018–2020
12.8.2 EXPANSIONS
TABLE 139 TABLET COATINGS MARKET: EXPANSIONS, 2018–2020
12.8.3 ACQUISITIONS
TABLE 140 TABLET COATINGS MARKET: ACQUISITIONS, 2018–2020
12.8.4 OTHER STRATEGIES
TABLE 141 TABLET COATINGS MARKET: OTHER STRATEGIES, 2018–2020
13 COMPANY PROFILES
13.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1.1 COLORCON, INC.
13.1.2 SENSIENT TECHNOLOGIES CORPORATION
FIGURE 46 SENSIENT TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT (2019)
13.1.3 BASF SE
FIGURE 47 BASF SE: COMPANY SNAPSHOT (2019)
13.1.4 EVONIK INDUSTRIES AG
FIGURE 48 EVONIK INDUSTRIES AG: COMPANY SNAPSHOT (2019)
13.1.5 ASHLAND GLOBAL HOLDINGS INC.
FIGURE 49 ASHLAND GLOBAL HOLDINGS INC.: COMPANY SNAPSHOT (2020)
13.1.6 DUPONT DE NEMOURS, INC.
FIGURE 50 DUPONT DE NEMOURS, INC.: COMPANY SNAPSHOT (2019)
13.1.7 ROQUETTE FR?RES
FIGURE 51 ROQUETTE FR?RES: COMPANY SNAPSHOT (2019)
13.1.8 KERRY GROUP PLC
FIGURE 52 KERRY GROUP PLC: COMPANY SNAPSHOT
13.1.9 EASTMAN CHEMICAL COMPANY
FIGURE 53 EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT (2019)
13.1.10 AIR LIQUIDE S.A.
FIGURE 54 AIR LIQUIDE S.A.: COMPANY SNAPSHOT (2019)
13.1.11 MERCK KGAA
FIGURE 55 MERCK KGAA: COMPANY SNAPSHOT (2019)
13.1.12 COREL PHARMA CHEM
13.1.13 BIOGRUND GMBH
13.1.14 IDEAL CURES PVT. LTD.
13.1.15 WINCOAT COLOURS & COATINGS PVT. LTD.
13.2 OTHER PLAYERS
13.2.1 SPECTRUM CHEMICAL MFG. CORP.
13.2.2 LUBRIZOL CORPORATION
13.2.3 COATINGS PLACE, INC.
13.2.4 AQUADRY PHARMA PVT. LTD.
13.2.5 ARIES EXIM PVT. LTD.
*Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
14 APPENDIX
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION & SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.2.2 MARKETS COVERED
FIGURE 1 TABLET COATINGS MARKET
1.2.3 YEARS CONSIDERED FOR THE STUDY
1.3 CURRENCY
1.4 STAKEHOLDERS
1.5 LIMITATIONS
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
FIGURE 2 RESEARCH DESIGN
2.1.1 SECONDARY RESEARCH
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY RESEARCH
2.1.2.1 Primary sources
2.1.2.2 Key data from primary sources
2.1.2.3 Breakdown of primaries
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS
FIGURE 5 REVENUE SHARE ANALYSIS ILLUSTRATION: ASHLAND
FIGURE 6 MARKET ANALYSIS APPROACH
FIGURE 7 TOP-DOWN APPROACH
FIGURE 8 CAGR PROJECTIONS
2.3 DATA TRIANGULATION APPROACH
FIGURE 9 DATA TRIANGULATION METHODOLOGY
2.4 MARKET SHARE ESTIMATION
2.5 ASSUMPTIONS FOR THE STUDY
2.6 COVID-19 HEALTH ASSESSMENT
2.7 COVID-19 ECONOMIC ASSESSMENT
2.8 ASSESSING THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO
FIGURE 10 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 11 RECOVERY SCENARIO OF THE GLOBAL ECONOMY
3 EXECUTIVE SUMMARY
FIGURE 12 TABLET COATINGS MARKET, BY POLYMER TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 13 TABLET COATINGS MARKET, BY FUNCTIONALITY, 2020 VS. 2025 (USD MILLION)
FIGURE 14 TABLET COATINGS MARKET, BY TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 15 TABLET COATINGS MARKET, BY END USER, 2020 VS. 2025 (USD MILLION)
FIGURE 16 GEOGRAPHIC ANALYSIS: TABLET COATINGS MARKET
4 PREMIUM INSIGHTS
4.1 TABLET COATINGS MARKET OVERVIEW
FIGURE 17 RISING DEMAND FOR INNOVATIVE DRUG DELIVERY FORMULATIONS TO DRIVE MARKET GROWTH
4.2 LATIN AMERICA: TABLET COATINGS MARKET, BY FUNCTIONALITY AND COUNTRY
FIGURE 18 NON-FUNCTIONAL NON-MODIFYING COATINGS SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE LATIN AMERICAN MARKET IN 2019
4.3 TABLET COATINGS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
FIGURE 19 CHINA TO REGISTER THE HIGHEST REVENUE GROWTH DURING THE FORECAST PERIOD
4.4 TABLET COATINGS MARKET, BY REGION (2018–2025)
FIGURE 20 EUROPE WILL CONTINUE TO DOMINATE THE TABLET COATINGS MARKET DURING THE FORECAST PERIOD
4.5 TABLET COATINGS MARKET: DEVELOPED VS. DEVELOPING MARKETS
FIGURE 21 DEVELOPING MARKETS TO REGISTER A HIGHER GROWTH RATE DURING THE FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
TABLE 1 TABLET COATINGS MARKET: IMPACT ANALYSIS
5.2.1 MARKET DRIVERS
5.2.1.1 Growing pharmaceuticals market
FIGURE 22 GLOBAL PHARMACEUTICAL DRUG SALES (2008–2022)
FIGURE 23 TOTAL R&D PIPELINE SIZE (2011–2017)
5.2.1.2 Surge in the generics market
TABLE 2 DRUGS GOING OFF-PATENT
FIGURE 24 GROWTH OF THE GENERICS MARKET, 2006 VS. 2016
5.2.1.3 Increasing uptake of biopharmaceuticals
5.2.1.4 Rising adoption of orphan drugs
FIGURE 25 INCREASING PENETRATION OF ORPHAN DRUGS (2010–2024)
FIGURE 26 RISING NUMBER OF ORPHAN INDICATIONS APPROVED IN THE US
5.2.1.5 Growing demand for nutraceuticals
5.2.2 MARKET RESTRAINTS
5.2.2.1 Cost and time-intensive drug development process
FIGURE 27 ESTIMATED PRE-APPROVAL COST OF BRINGING A NEW CHEMICAL OR BIOLOGICAL ENTITY TO MARKET (1970–2010)
5.2.2.2 Increasing regulatory stringency
5.2.2.3 High cost associated with the microencapsulation process in sustained-release formulations
5.2.2.4 Unfavorable drug price control policies
5.2.3 MARKET OPPORTUNITIES
5.2.3.1 Shifting focus of pharmaceutical manufacturing and outsourcing of operations to emerging countries
5.2.3.2 Growth in the biosimilars market
FIGURE 28 TOTAL NUMBER OF NEW MOLECULAR ENTITY (NME) & NEW BIOLOGIC LICENSE APPLICATION (BLA) FILINGS AND APPROVALS IN THE US, 2006–2018
TABLE 3 CLINICAL STUDIES FOR BIOLOGICS & BIOSIMILARS (2017)
TABLE 4 US: INDICATIVE LIST OF APPROVED BIOSIMILARS
5.2.3.3 Rising focus on sports nutrition
5.2.3.4 Technological advancements in niche markets
5.2.4 MARKET CHALLENGES
5.2.4.1 Safety and quality concerns
5.2.4.2 Changing trade policies between countries
5.2.4.3 Increasing penetration of counterfeit drugs in the market
5.2.4.4 Alcohol-induced dose-dumping due to sustained-release dosages
6 INDUSTRY INSIGHTS
6.1 INTRODUCTION
6.2 INDUSTRY TRENDS
6.2.1 NEED FOR SOLVENT/LIQUID-FREE COATING TECHNOLOGIES
6.2.2 TECHNOLOGICAL ADVANCEMENTS
6.2.3 IMPROVING EXCIPIENT CAPABILITIES BY USING NANOTECHNOLOGY
6.2.4 PHARMACEUTICAL EXCIPIENTS INFLUENCING THE COST OF PRODUCTION
6.3 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 TABLET COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS
6.3.1 THREAT OF NEW ENTRANTS
6.3.2 THREAT OF SUBSTITUTES
6.3.3 BARGAINING POWER OF SUPPLIERS
6.3.4 BARGAINING POWER OF BUYERS
6.3.5 INTENSITY OF COMPETITIVE RIVALRY
6.4 REGULATORY ANALYSIS
6.4.1 NORTH AMERICA
6.4.1.1 US
6.4.1.2 Canada
6.4.2 EUROPE
6.4.3 ASIA PACIFIC
6.4.3.1 Japan
6.4.3.2 China
6.4.3.3 India
6.5 VALUE CHAIN ANALYSIS
FIGURE 29 TABLET COATINGS MARKET: VALUE CHAIN ANALYSIS
6.6 ECOSYSTEM ANALYSIS
6.6.1 ECOSYSTEM ANALYSIS FOR THE PHARMACEUTICAL MARKET
6.6.2 ECOSYSTEM ANALYSIS FOR THE TABLET COATINGS MARKET
FIGURE 30 TABLET COATINGS MARKET: ECOSYSTEM ANALYSIS
6.7 PARENT MARKET ANALYSIS
FIGURE 31 PHARMACEUTICAL EXCIPIENTS MARKET SNAPSHOT
6.8 IMPACT OF COVID-19 ON THE TABLET COATINGS MARKET
6.9 PATENT ANALYSIS
6.9.1 PATENT PUBLICATION TRENDS FOR PHARMACEUTICAL COATING EXCIPIENTS
FIGURE 32 PATENT PUBLICATION TRENDS (2015–2020)
6.9.2 TOP APPLICANTS (COMPANIES/INSTITUTIONS) FOR PHARMACEUTICAL COATING EXCIPIENTS
FIGURE 33 TOP APPLICANTS (COMPANIES/INSTITUTIONS) FOR PHARMACEUTICAL COATING EXCIPIENT PATENTS (2015–2020)
6.9.3 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PHARMACEUTICAL COATING EXCIPIENT PATENTS
FIGURE 34 TOP APPLICANT COUNTRIES FOR PHARMACEUTICAL COATING EXCIPIENT PATENTS (2015–2020)
7 TABLET COATINGS MARKET, BY POLYMER TYPE
7.1 INTRODUCTION
TABLE 6 TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
7.2 CELLULOSIC POLYMERS
7.2.1 HIGH COMPRESSIBILITY AND AQUEOUS SOLUBILITY OF THESE POLYMERS DRIVING THEIR ADOPTION
TABLE 7 TABLET COATINGS MARKET FOR CELLULOSIC POLYMERS, BY COUNTRY, 2018–2025 (USD MILLION)
7.3 VINYL DERIVATIVES
7.3.1 SELF-SEALING AND HIGH ADHESION CHARACTERISTICS ARE IMPROVING THE UTILITY OF THESE COPOLYMERS
TABLE 8 TABLET COATINGS MARKET FOR VINYL DERIVATIVES, BY COUNTRY, 2018–2025 (USD MILLION)
7.4 ACRYLIC POLYMERS
7.4.1 ACRYLIC POLYMERS CAN BE USED WITH VARIOUS SOLVENTS AND PROVIDE HIGH VERSATILITY FOR USE AS COATINGS
TABLE 9 TABLET COATINGS MARKET FOR ACRYLIC POLYMERS, BY COUNTRY, 2018–2025 (USD MILLION)
7.5 OTHER POLYMERS
TABLE 10 TABLET COATINGS MARKET FOR OTHER POLYMERS, BY COUNTRY, 2018–2025 (USD MILLION)
8 TABLET COATINGS MARKET, BY FUNCTIONALITY
8.1 INTRODUCTION
TABLE 11 TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
8.2 NON-FUNCTIONAL NON-MODIFYING COATINGS
8.2.1 IMPROVED SWALLOWABILITY AND DRUG STABILITY OFFERED BY THESE COATINGS ARE DRIVING THEIR ADOPTION
TABLE 12 TABLET COATINGS MARKET FOR NON-FUNCTIONAL NON-MODIFYING COATINGS, BY COUNTRY, 2018–2025 (USD MILLION)
8.3 FUNCTIONAL MODIFYING COATINGS
8.3.1 INCREASING RESEARCH ACTIVITIES FOR SUSTAINED-RELEASE FORMULATIONS TO PROPEL MARKET GROWTH
TABLE 13 TABLET COATINGS MARKET FOR FUNCTIONAL MODIFYING COATINGS, BY COUNTRY, 2018–2025 (USD MILLION)
8.4 FUNCTIONAL NON-MODIFYING COATINGS
8.4.1 GROWING PREFERENCE FOR TARGETED-DRUG DELIVERY IS DRIVING THE ADOPTION OF THESE COATINGS
TABLE 14 TABLET COATINGS MARKET FOR FUNCTIONAL NON-MODIFYING COATINGS, BY COUNTRY, 2018–2025 (USD MILLION)
9 TABLET COATINGS MARKET, BY TYPE
9.1 INTRODUCTION
TABLE 15 TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
9.2 FILM-COATED TABLETS
9.2.1 FILM-COATED TABLETS SEGMENT DOMINATED THE MARKET IN 2019
TABLE 16 FILM-COATED TABLETS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
9.3 SUGAR-COATED TABLETS
9.3.1 SUGAR COATS ARE WIDELY USED FOR THE MANUFACTURE OF IMMEDIATE-RELEASE TABLETS
TABLE 17 SUGAR-COATED TABLETS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
9.4 ENTERIC-COATED TABLETS
9.4.1 LAUNCH OF NEW ENTERIC COATS IN THE MARKET SUPPORTING THEIR ADOPTION IN THE PHARMACEUTICAL INDUSTRY
TABLE 18 ENTERIC-COATED TABLETS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
9.5 GELATIN-COATED TABLETS
9.5.1 GEL-CAPS ARE MAJORLY USED FOR IMPROVING THE STABILITY OF PHOTOSENSITIVE ACTIVE PHARMACEUTICAL INGREDIENTS
TABLE 19 LIST OF DRUGS TYPICALLY SUBJECTED TO GELATIN COATING
TABLE 20 GELATIN-COATED TABLETS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
9.6 OTHER TABLET COATINGS
TABLE 21 OTHER TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
10 TABLET COATINGS MARKET, BY END USER
10.1 INTRODUCTION
TABLE 22 TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
10.2 PHARMACEUTICAL INDUSTRY
10.2.1 GROWING NEED TO ADDRESS FORMULATION-RELATED ISSUES DRIVING THE UPTAKE OF TABLET COATINGS
TABLE 23 TABLET COATINGS MARKET FOR PHARMACEUTICAL INDUSTRY, BY COUNTRY, 2018–2025 (USD MILLION)
10.3 NUTRACEUTICAL INDUSTRY
10.3.1 INCREASING DEMAND FOR QUALITY-SPECIALIZED DIETARY SUPPLEMENTS IS EXPECTED TO PROMOTE MARKET GROWTH
TABLE 24 TABLET COATINGS MARKET FOR NUTRACEUTICAL INDUSTRY, BY COUNTRY, 2018–2025 (USD MILLION)
11 TABLET COATINGS MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 35 TABLET COATINGS MARKET: GEOGRAPHIC SNAPSHOT (2019)
TABLE 25 TABLET COATINGS MARKET, BY REGION, 2018–2025 (USD MILLION)
11.2 EUROPE
FIGURE 36 EUROPE: TABLET COATINGS MARKET SNAPSHOT
TABLE 26 EUROPE: TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 27 EUROPE: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 28 EUROPE: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 29 EUROPE: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 30 EUROPE: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.1 GERMANY
11.2.1.1 Germany held the largest share of the European market in 2019
TABLE 31 GERMANY: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 32 GERMANY: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 33 GERMANY: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 34 GERMANY: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.2 FRANCE
11.2.2.1 Growth in the generics market in the country is expected to propel the tablet coatings market
TABLE 35 FRANCE: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 36 FRANCE: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 37 FRANCE: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 38 FRANCE: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.3 UK
11.2.3.1 Growing domestic market for pharmaceuticals and various government investments are driving market growth
TABLE 39 UK: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 40 UK: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 41 UK: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 42 UK: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.4 SWITZERLAND
11.2.4.1 Increasing R&D in the pharmaceutical industry will drive market growth in Switzerland
TABLE 43 SWITZERLAND: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 44 SWITZERLAND: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 45 SWITZERLAND: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 46 SWITZERLAND: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.5 ITALY
11.2.5.1 Budgetary constraints and restricted healthcare spending to impede the growth of the Italian market
TABLE 47 ITALY: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 48 ITALY: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 49 ITALY: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 50 ITALY: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.6 SPAIN
11.2.6.1 Increasing developments in the pharmaceutical packaging industry are propelling market growth in Spain
TABLE 51 SPAIN: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 52 SPAIN: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 53 SPAIN: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 54 SPAIN: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.2.7 REST OF EUROPE
TABLE 55 ROE: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 56 ROE: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 57 ROE: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 58 ROE: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.3 NORTH AMERICA
FIGURE 37 NORTH AMERICA: TABLET COATINGS MARKET SNAPSHOT
TABLE 59 NORTH AMERICA: TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 60 NORTH AMERICA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 61 NORTH AMERICA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 62 NORTH AMERICA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 63 NORTH AMERICA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.3.1 US
11.3.1.1 The US dominates the North American tablet coatings market
FIGURE 38 USE OF DIETARY SUPPLEMENTS IN THE US (2008–2017)
TABLE 64 US: KEY MACROINDICATORS
TABLE 65 US: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 66 US: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 67 US: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 68 US: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.3.2 CANADA
11.3.2.1 Strong growth of emerging markets and slowdown in new product approvals to hamper market growth in Canada
TABLE 69 CANADA: KEY MACROINDICATORS
TABLE 70 CANADA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 71 CANADA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 72 CANADA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 73 CANADA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4 ASIA PACIFIC
FIGURE 39 ASIA PACIFIC: TABLET COATINGS MARKET SNAPSHOT
TABLE 74 ASIA PACIFIC: TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 75 ASIA PACIFIC: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 76 ASIA PACIFIC: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 77 ASIA PACIFIC: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 78 ASIA PACIFIC: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.1 JAPAN
11.4.1.1 Early adoption of technologically advanced products attracting market players to Japan
TABLE 79 JAPAN: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 80 JAPAN: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 81 JAPAN: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 82 JAPAN: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.2 CHINA
11.4.2.1 China is one of the fastest-growing markets for tablet coatings
TABLE 83 CHINA: PHARMACEUTICALS MARKET (USD BILLION)
TABLE 84 CHINA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 85 CHINA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 86 CHINA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 87 CHINA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.3 INDIA
11.4.3.1 Growing contract manufacturing base in the country will drive market growth
TABLE 88 INDIA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 89 INDIA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 90 INDIA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 91 INDIA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.4 SOUTH KOREA
11.4.4.1 Highly attractive medical tourism industry of South Korea to propel market growth
TABLE 92 SOUTH KOREA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 93 SOUTH KOREA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 94 SOUTH KOREA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 95 SOUTH KOREA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.5 AUSTRALIA
11.4.5.1 Favorable R&D tax benefits offered in the country are expected to drive market growth
TABLE 96 AUSTRALIA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 97 AUSTRALIA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 98 AUSTRALIA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 99 AUSTRALIA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.4.6 REST OF ASIA PACIFIC
TABLE 100 ROAPAC: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 101 ROAPAC: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 102 ROAPAC: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 103 ROAPAC: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.5 LATIN AMERICA
FIGURE 40 LATIN AMERICA: TABLET COATINGS MARKET SNAPSHOT
TABLE 104 LATIN AMERICA: TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 105 LATIN AMERICA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 106 LATIN AMERICA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 107 LATIN AMERICA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 108 LATIN AMERICA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.5.1 BRAZIL
11.5.1.1 Growing focus on quality pharmaceuticals is a major factor driving market growth
TABLE 109 BRAZIL: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 110 BRAZIL: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 111 BRAZIL: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 112 BRAZIL: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.5.2 MEXICO
11.5.2.1 Improving healthcare infrastructure to drive market growth in Mexico
TABLE 113 MEXICO: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 114 MEXICO: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 115 MEXICO: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 116 MEXICO: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.5.3 REST OF LATIN AMERICA
TABLE 117 ROLA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 118 ROLA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 119 ROLA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 120 ROLA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.6 MIDDLE EAST & AFRICA
TABLE 121 MIDDLE EAST & AFRICA: TABLET COATINGS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 122 MIDDLE EAST & AFRICA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 123 MIDDLE EAST & AFRICA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 124 MIDDLE EAST & AFRICA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 125 MIDDLE EAST & AFRICA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.6.1 SAUDI ARABIA
11.6.1.1 Wider access to healthcare services is increasing the demand for pharmaceuticals
TABLE 126 SAUDI ARABIA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 127 SAUDI ARABIA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 128 SAUDI ARABIA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 129 SAUDI ARABIA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.6.2 UAE
11.6.2.1 Growing manufacturing base in the country is expected to support market growth
TABLE 130 UAE: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 131 UAE: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 132 UAE: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 133 UAE: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
11.6.3 REST OF MIDDLE EAST & AFRICA
TABLE 134 ROMEA: TABLET COATINGS MARKET, BY POLYMER TYPE, 2018–2025 (USD MILLION)
TABLE 135 ROMEA: TABLET COATINGS MARKET, BY FUNCTIONALITY, 2018–2025 (USD MILLION)
TABLE 136 ROMEA: TABLET COATINGS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 137 ROMEA: TABLET COATINGS MARKET, BY END USER, 2018–2025 (USD MILLION)
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES
12.3 REVENUE SHARE ANALYSIS OF TOP MARKET PLAYERS
FIGURE 41 REVENUE ANALYSIS OF TOP PLAYERS IN THE TABLET COATINGS MARKET
12.4 MARKET SHARE ANALYSIS
FIGURE 42 TABLET COATINGS MARKET SHARE, BY KEY PLAYER, 2019
12.5 COMPETITIVE LEADERSHIP MAPPING
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE
12.5.4 PARTICIPANTS
FIGURE 43 TABLET COATINGS MARKET: COMPETITIVE LEADERSHIP MAPPING (2019)
12.6 COMPANY PRODUCT FOOTPRINT
FIGURE 44 PRODUCT PORTFOLIO ANALYSIS: TABLET COATINGS MARKET
12.7 GEOGRAPHIC FOOTPRINT OF MAJOR PLAYERS IN THE TABLET COATINGS MARKET
FIGURE 45 GEOGRAPHIC REVENUE MIX: TABLET COATINGS MARKET (2019)
12.8 COMPETITIVE SCENARIO
12.8.1 PRODUCT LAUNCHES
TABLE 138 TABLET COATINGS MARKET: PRODUCT LAUNCHES, 2018–2020
12.8.2 EXPANSIONS
TABLE 139 TABLET COATINGS MARKET: EXPANSIONS, 2018–2020
12.8.3 ACQUISITIONS
TABLE 140 TABLET COATINGS MARKET: ACQUISITIONS, 2018–2020
12.8.4 OTHER STRATEGIES
TABLE 141 TABLET COATINGS MARKET: OTHER STRATEGIES, 2018–2020
13 COMPANY PROFILES
13.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1.1 COLORCON, INC.
13.1.2 SENSIENT TECHNOLOGIES CORPORATION
FIGURE 46 SENSIENT TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT (2019)
13.1.3 BASF SE
FIGURE 47 BASF SE: COMPANY SNAPSHOT (2019)
13.1.4 EVONIK INDUSTRIES AG
FIGURE 48 EVONIK INDUSTRIES AG: COMPANY SNAPSHOT (2019)
13.1.5 ASHLAND GLOBAL HOLDINGS INC.
FIGURE 49 ASHLAND GLOBAL HOLDINGS INC.: COMPANY SNAPSHOT (2020)
13.1.6 DUPONT DE NEMOURS, INC.
FIGURE 50 DUPONT DE NEMOURS, INC.: COMPANY SNAPSHOT (2019)
13.1.7 ROQUETTE FR?RES
FIGURE 51 ROQUETTE FR?RES: COMPANY SNAPSHOT (2019)
13.1.8 KERRY GROUP PLC
FIGURE 52 KERRY GROUP PLC: COMPANY SNAPSHOT
13.1.9 EASTMAN CHEMICAL COMPANY
FIGURE 53 EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT (2019)
13.1.10 AIR LIQUIDE S.A.
FIGURE 54 AIR LIQUIDE S.A.: COMPANY SNAPSHOT (2019)
13.1.11 MERCK KGAA
FIGURE 55 MERCK KGAA: COMPANY SNAPSHOT (2019)
13.1.12 COREL PHARMA CHEM
13.1.13 BIOGRUND GMBH
13.1.14 IDEAL CURES PVT. LTD.
13.1.15 WINCOAT COLOURS & COATINGS PVT. LTD.
13.2 OTHER PLAYERS
13.2.1 SPECTRUM CHEMICAL MFG. CORP.
13.2.2 LUBRIZOL CORPORATION
13.2.3 COATINGS PLACE, INC.
13.2.4 AQUADRY PHARMA PVT. LTD.
13.2.5 ARIES EXIM PVT. LTD.
*Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
14 APPENDIX
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
