Major Growth Boosting Factors:
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.
Additionally, 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 present 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.
Expected Revenue Surge:
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.
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Growth Restraining Factors:
On the other hand, the increasing regulatory stringency regarding the approval of drugs and excipients along with the cost and time-intensive drug development process; the high cost associated with the microencapsulation process and the unfavorable drug price control policies are expected to restrain the growth of this market during the forecast period.
Additionally, increasing safety & quality concerns, increasing penetration of counterfeit drugs, changing trade policies among countries and alcohol dose-dumping of sustained-release dosages pose significant challenges to the growth of this market.
The pharmaceutical industry end-user segment is expected to account for the largest share of the tablet coatings market
The tablet coatings market, by end-user, is segmented into pharmaceutical and nutraceutical industry. The pharmaceutical industry segment accounted for the largest market share in 2019. The demand for tablet coatings in the pharmaceutical industry is largely driven by the increasing number of drugs launched as tablet formulations and growing prevalence of diseases for which tablet-based formulations form the primary treatment. The rising demand for innovative drug delivery formulations is also supporting the growth of the tablet coatings market for the pharmaceutical industry.
Asia Pacific is expected to account for the highest CAGR for players operating in the tablet coatings market
The Asia Pacific tablet coatings market is expected to grow at the highest CAGR from 2020 to 2025. Increase in outsourcing of drug manufacturing to specialized contract manufacturing organizations (CMOs), rising number of companies setting up manufacturing units in these countries, favorable government regulations, low labor and manufacturing costs, and the large base for the generation of generics & biologics are factors expected to drive the growth of the market during the forecast period.
Global Leaders:
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.
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Tablet Coatings Market - Global Forecast to 2025
The Tablet Coatings Market research report elaborates on growth, size, current industry trends, and key players of the industry on the basis of in-depth data mining and industry analysis.
The content of the market study ensures intellectual insights giving a better understanding of the ideal opportunities in the Tablet Coatings market.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Tablet Coatings include Colorcon ( BPSI Holdings), Sensient, Evonik, Kerry, Ideal Cures, GEA Process Engineering, Others.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Request FREE sample copy of the report “Global TABLET COATINGS Market” at: https://www.valuemarketresearch.com/contact/tablet-coatings-market/download-sampleMarket SegmentationThe broad Tablet Coatings has been sub-grouped into the Material, End-User and region.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
The global Graphic Tablet Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the graphic tablet market include Huion, Wacom, UGEE, Adesso, Samsung, ViewSonic, Hanwang, PenPower, Bosto, and AIPTEK.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Graphic Tablet Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/graphic-tablet-market/download-sampleMarket DynamicsThe global graphic tablet market is an anticipated to witness some good years ahead as an influence of digitalization, the growing craze for digital devices, and the growing adoption of new technology over conventional due to its features and advantages.
Artists, cartoonists, illustrators, architects and engineers, photographers, teachers, fashion designers, and graphic designers now use digital technologies like graphic tablets over traditional pen paper.
Graphic tablets are helping users turn more dynamic and innovative as they allow natural drawing motion, minimize repetitive stress injuries, connect easily to your computer, increase productivity and efficiency, and offer lots of custom settings.
Tablet Coatings Market report published by Value Market Research is an in-depth analysis of the market covering its size, share, value, growth and current trends for the period of 2019-2026 based on the historical data.
This research report delivers recent developments of major players with their respective market share.
In addition, it also delivers detailed analysis of regional and country market.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the tablet coatings market include Colorcon ( BPSI Holdings), Sensient, Evonik, BASF, Kerry, Ideal Cures, GEA Process Engineering.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Tablet Coatings Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/tablet-coatings-market/download-sampleMarket DynamicsThe global tablet coatings industry is propelled by its increasing pressure on the pharmaceutical industry blended with the progressing technologies.
The tablet coating is a developing market and is anticipated to observe vigorous development in the projected duration due to the rising urbanisation.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
According to the new market research report "Agricultural Coatings Market by Category (Seed Coatings, Fertilizer Coatings, and Pesticide Coatings), Seed Coating Types (Polymers, Colorants, and Pellets), Fertilizer Coating Types, Pesticide Coating Applications, and Region - Global Forecast to 2026", published by MarketsandMarkets™, the market size is estimated to be valued at USD 3.7 billion in 2021 and is expected to reach a value of USD.5.3 billion by 2026, growing at a CAGR of 7.3% in terms of value during the forecast period.
Factors such as rising need to increase agricultural productivity and favorable government policies and regulations are some of the factors driving the growth of agricultural coatings.Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84350079Seeds coatings, by category, is estimated to hold the largest market share during the forecast periodThe market for agricultural coatings, by category, has been segmented into seed coatings, fertilizer coatings, pesticides coatings.
Seed coating has been proposed as a promising tool for the inoculation of different crop seeds.
Coating delivers the seed in a form that is larger, rounder, smoother, heavier, and more uniform as compared to the original seed.
These advantages have led to increased demand for seed coatings globally.Polymers, by fertilizer coatings, is projected to grow at the second-highest CAGR in the agricultural coatings market during the forecast periodPolymers are the film coating formulations consisting of a thin, water-permeable polymer-based coating onto the seed or pellet.
Super absorbent polymers and polymer gels are water-absorbing polymer materials with high water uptake potential.
The Tablet Coatings Market research report elaborates on growth, size, current industry trends, and key players of the industry on the basis of in-depth data mining and industry analysis.
The content of the market study ensures intellectual insights giving a better understanding of the ideal opportunities in the Tablet Coatings market.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Tablet Coatings include Colorcon ( BPSI Holdings), Sensient, Evonik, Kerry, Ideal Cures, GEA Process Engineering, Others.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Request FREE sample copy of the report “Global TABLET COATINGS Market” at: https://www.valuemarketresearch.com/contact/tablet-coatings-market/download-sampleMarket SegmentationThe broad Tablet Coatings has been sub-grouped into the Material, End-User and region.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
Tablet Coatings Market report published by Value Market Research is an in-depth analysis of the market covering its size, share, value, growth and current trends for the period of 2019-2026 based on the historical data.
This research report delivers recent developments of major players with their respective market share.
In addition, it also delivers detailed analysis of regional and country market.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the tablet coatings market include Colorcon ( BPSI Holdings), Sensient, Evonik, BASF, Kerry, Ideal Cures, GEA Process Engineering.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Tablet Coatings Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/tablet-coatings-market/download-sampleMarket DynamicsThe global tablet coatings industry is propelled by its increasing pressure on the pharmaceutical industry blended with the progressing technologies.
The tablet coating is a developing market and is anticipated to observe vigorous development in the projected duration due to the rising urbanisation.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
The global Graphic Tablet Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the graphic tablet market include Huion, Wacom, UGEE, Adesso, Samsung, ViewSonic, Hanwang, PenPower, Bosto, and AIPTEK.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Graphic Tablet Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/graphic-tablet-market/download-sampleMarket DynamicsThe global graphic tablet market is an anticipated to witness some good years ahead as an influence of digitalization, the growing craze for digital devices, and the growing adoption of new technology over conventional due to its features and advantages.
Artists, cartoonists, illustrators, architects and engineers, photographers, teachers, fashion designers, and graphic designers now use digital technologies like graphic tablets over traditional pen paper.
Graphic tablets are helping users turn more dynamic and innovative as they allow natural drawing motion, minimize repetitive stress injuries, connect easily to your computer, increase productivity and efficiency, and offer lots of custom settings.
According to the new market research report "Agricultural Coatings Market by Category (Seed Coatings, Fertilizer Coatings, and Pesticide Coatings), Seed Coating Types (Polymers, Colorants, and Pellets), Fertilizer Coating Types, Pesticide Coating Applications, and Region - Global Forecast to 2026", published by MarketsandMarkets™, the market size is estimated to be valued at USD 3.7 billion in 2021 and is expected to reach a value of USD.5.3 billion by 2026, growing at a CAGR of 7.3% in terms of value during the forecast period.
Factors such as rising need to increase agricultural productivity and favorable government policies and regulations are some of the factors driving the growth of agricultural coatings.Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84350079Seeds coatings, by category, is estimated to hold the largest market share during the forecast periodThe market for agricultural coatings, by category, has been segmented into seed coatings, fertilizer coatings, pesticides coatings.
Seed coating has been proposed as a promising tool for the inoculation of different crop seeds.
Coating delivers the seed in a form that is larger, rounder, smoother, heavier, and more uniform as compared to the original seed.
These advantages have led to increased demand for seed coatings globally.Polymers, by fertilizer coatings, is projected to grow at the second-highest CAGR in the agricultural coatings market during the forecast periodPolymers are the film coating formulations consisting of a thin, water-permeable polymer-based coating onto the seed or pellet.
Super absorbent polymers and polymer gels are water-absorbing polymer materials with high water uptake potential.