Growth in demand for sustained release coating in the In Vitro application is driving the market.
The demand for sustained release coating has improved in recent years due to its increased consumption in the APAC region. In addition, the increasing use of sustained release coating in varied applications, such as In Vitro and In Vivo, has further contributed to the growth of this market. The newer, high-growth substrate of sustained release coatings include tablets, capsules, and pills. For instance, there is a sharp rise in demand for tablets that are increasingly favored as a new high-performance substrate for pharmaceutical drug applications.
Ethyl & methyl cellulose is expected to be the largest polymer material type during the forecast period.
Ethyl & methyl cellulose was the most extensively used sustained release coating material. Its primary release mechanism is drug diffusion across a water-insoluble membrane. It is an aqueous colloidal dispersion of ethyl cellulose polymer, which can be used as a moisture barrier as well as in sustained release and taste-masking applications. So, these properties help them to make the most favorable over other polymer material type.
APAC to record the highest growth rate during the forecast period.
The APAC sustained release coating market is projected to register the highest CAGR during the forecast period, due to its rising demand from Japan, India, China, and South Korea. China is expected to lead the demand for sustained release coating due to the increase in the production of pharmaceutical drugs. Generic drug manufacturing in APAC is a lucrative prospect for many foreign investors. Numerous multinational pharmaceutical drugs manufacturers are focusing on Asian countries, such as China, India, Japan, South Korea, and Indonesia, to balance the impending patent expiration of branded drugs with the manufacturing of generic drugs. A large pool of scientific talent and well-defined R&D infrastructure complement the pharmaceutical formulations market in the APAC region
- By Company Type: Tier 1: 58%, Tier 2: 33%, and Tier 3: 9%
- By Designation: C Level: 40%, Director Level: 35%, and Others: 25%
- By Region: North America: 33%, Europe: 30%, APAC: 15%, South America: 14%, and the Middle East & Africa: 8%
The sustained release coating market comprises major players, such as Colorcon (US), BASF (Germany), Evonik (Germany), and Coating Place (US). The study includes an in-depth competitive analysis of these key players in the sustained release coating market, with their company profiles, recent developments, and key market strategies.
Research Coverage:
The study covers the sustained release coating market across segments. It aims at estimating the size and the growth potential of this market across different segments based on substrate, polymer material type, application, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall sustained release coating market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Periodization Considered
1.4 Currency Considered
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary
4 Premium Insights
4.1 Sustained Release Coating Market Attractiveness
4.2 Sustained Release Coating Market, By Substrate
4.3 Sustained Release Coating Market, By Application Type
4.4 Sustained Release Coating Market in APAC, By Polymer Material Type and Country
4.5 Sustained Release Coating Market, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1.1 Rise in Demand in the Pharmaceutical Industry
5.2.1.1.1.1 Controlled Drug Delivery
5.2.1.1.1.2 Targeted Drug Delivery
5.2.2 Restraints
5.2.2.1 High Cost Associated With the Microencapsulated Process
5.2.3 Opportunities
5.2.3.1 Development of Advanced Technologies to Tap Niche Markets
5.2.3.1.1.1 Reduction in Capsule Size and Increase in Bioavailability
5.2.3.1.1.2 Government Support and Rising Economy in Developing Countries
5.2.4 Challenges
5.2.4.1 Alcohol-Induced Dose Dumping
6 Industry Trends
6.1 Porter’s Five Forces Analysis
6.2 Threat of New Entrants
6.3 Threat of Substitutes
6.4 Bargaining Power of Suppliers
6.5 Bargaining Power of Buyers
6.6 Intensity of Competitive Rivalry
7 Sustained Release Coating Market, by Polymer Material Type
7.1 Introduction
7.2 Ethyl & Methyl Cellulose
7.2.1 Significant Variations in Granule and Tablet Characteristics Makes Ethyl & Methyl Cellulose Dominant
7.3 Polyvinyl & Cellulose Acetate
7.3.1 Self-Sealing Property Of PVA Makes Polyvinyl & Cellulose Acetate More Demanding
7.4 Methacrylic Acid
7.4.1 Ionized and Non-Ionized Groups in the Structure of These Copolymers Makes Methacrylic More Demanding
7.5 Polyethylene Glycol (PEG)
7.5.1 More Usage in Vitro Application Drives the Market for PEG
7.6 Others
8 Sustained Release Coating Market, By Substrate
8.1 Introduction
8.2 Tablets
8.2.1 Development of Mini Tablets is a Key Trend in This Market Segment
8.3 Capsules
8.3.1 Easy absorption of Drugs and Decreased Irritation in the GI Tract is Driving the Use of Capsules
8.4 Pills
8.4.1 Rising incidence of Target ailments to Propel the Growth of the Pills Market
9 Sustained Release Coating Market, By Application
9.1 Introduction
9.2 In Vitro
9.2.1 increasing R&D Expenditure in the Healthcare Sector Drives the in Vitro application
9.3 In Vivo
9.3.1 increasing Rate of Prevalence in Many Chronic Diseases Drives the Demand for in Vivo application
10 Sustained Release Coating Market, By Region
10.1 introduction
10.2 North america
10.2.1 US
10.2.1.1 More increasing Focus on Capsule-Based Pharmaceutical formulations Drives the Market of Coating in Us
10.2.2 Canada
10.2.2.1 the Growing Demand for Pharmaceutical formulations in the Country Has Led To an increase in R&D activities in Medicine and Healthcare
10.2.3 Mexico
10.2.3.1 Measures to Curtail Healthcare Costs by Reducing the Prices of Drugs Drives the Mexican Market
10.3 Europe
10.3.1 Switzerland
10.3.1.1 Hub for Many Pharmaceutical Manufacturing Companies Makes Switzerland for More Demanding
10.3.2 Russia
10.3.2.1 Federal Drug Reimbursement Programme Drives the Russian Market
10.3.3 Germany
10.3.3.1 Accelerating Urbanization, increasing Life Expectancy, and the Growth of the aging Population Segment also Support the Growth of the Pharmaceutical industry in the Country
10.3.4 France
10.3.4.1 Presence of a Significantly Large Geriatric Population in the Country Drives the Demand Fro Sustained Release Coating in France
10.3.5 UK
10.3.5.1 Growing adoption of Generics and the increasing Demand for Drugs among the aging Population Drives the Market
10.3.6 Italy
10.3.6.1 Gradual Recovery of the Italian Pharmaceutical Manufacturing industry Drives the Market
10.3.7 Spain
10.3.7.1 The Growing Pressure for Cost Containment from the Government is Expected To Drive the Growth of the Generic Pharmaceuticals Market in Spain
10.3.8 Rest of Europe
10.4 APAC
10.4.1 Japan
10.4.1.1 the Market in Japan is Largely Driven By the Growing Pharmaceutical Market in the Country, along With High Levels of affordability and access To Healthcare Facilities.
10.4.2 China
10.4.2.1 Being One of the Largest Domestic Pharmaceutical industries China Demand More Usage of Sustained Release Coating in APAC
10.4.3 India
10.4.3.1 Largest Provider of Generic Drugs Globally Makes India More Demanding in World for Sustained Release Coating
10.4.4 South Korea
10.4.4.1 increasing Its New Drug R&D abilities Drive the Demand for Sustained Release Coating
10.4.5 Indonesia
10.4.5.1 Increasing Universal Health Coverage Scheme in Indonesia Drives the Market for Pharmaceutical industry
10.4.6 Taiwan
10.4.6.1 Ease of Doing Business in Taiwan Makes Country Best for Pharmaceutical industry
10.4.7 Thailand
10.4.7.1 Increasing Prevalence Rate for Communicable Diseases Drives the Thailand Market
10.4.8 Vietnam
10.4.8.1 Chronic Diseases Related To Old age Will Boost the Demand for Pharmaceuticals in Vietnam
10.4.9 Rest of APAC
10.5 South America
10.5.1 Brazil
10.5.1.1 Low Labor and Manufacturing Costs in the Country Drives Brazil More Demanding
10.5.2 Argentina
10.5.2.1 Favorable Healthcare Regulations Implemented By Argentina authorities Have Provided Opportunities for Growth of Sustained Release Coating
10.5.3 Rest of South America
10.6 Middle East & Africa
10.6.1 South Africa
10.6.1.1 Paradigm Shift in the Burden of Illness Towards Non-Communicable Diseases Drives the Demand for Chronic Prescription Drugs
10.6.2 Saudi Arabia
10.6.2.1 Changes in Nutritional and Lifestyle Habits in Saudi arabia Have increased the Frequency of Lifestyle-Related Health Concerns in Country
10.6.3 Rest of MEA
11 Competitive Landscape
11.1 Overview
11.2 Ranking of Key Players, 2018
11.3 Competitive Scenario
11.3.1 New Product Launches
11.3.2 agreements, Collaborations, Partnerships, and Joint Ventures
12 Company Profiles
(Business Overview, Products offered, Recent Developments, Swot analysis, Author’s View)*
12.1 Basf Se
12.2 Evonik
12.3 Colorcon
12.4 Coating Place, Inc.
*Details On Business Overview, Products offered, Recent Developments, Swot analysis, Author’s View Might Not Be Captured in Case of Unlisted Companies.
13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Subscription Portal
13.3 Available Customizations
13.4 Related Reports
13.5 Author Details
List of Tables
Table 1 Sustained Release Coating Market Snapshot (2019 Vs. 2024)
Table 2 Sustained Release Coating Market Size, By Polymer Material Type, 2017–2024 (Usd Million)
Table 3 Ethyl & Methyl Cellulose: Sustained Release Coating Market Size, By Region, 2017–2024 (Usd Million)
Table 4 Polyvinyl & Cellulose Acetate: Sustained Release Coating Market Size, By Region, 2017–2024 (Usd Million)
Table 5 Methacrylic Acid: Sustained Release Coating Market Size, By Region, 2017–2024 (Usd Million)
Table 6 Peg: Sustained Release Coating Market Size, By Region, 2017–2024 (Usd Million)
Table 7 Others: Sustained Release Coating Market Size, By Region, 2017–2024 (Usd Million)
Table 8 Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 9 Tablets: Sustained Release Coating Market, By Region, 2017–2024 (Usd Million)
Table 10 Capsules: Sustained Release Coating Market, By Region, 2017–2024 (Usd Million)
Table 11 Pills: Sustained Release Coating Market, By Region, 2017–2024 (Usd Million)
Table 12 Sustained Release Coating Market Size, By Application, 2017–2024 (Usd Million)
Table 13 Sustained Release Coating Market Size For In Vitro, By Region, 2017–2024 (Usd Million)
Table 14 Sustained Release Coating Market Size For In Vivo, By Region, 2017–2024 (Usd Million)
Table 15 Sustained Release Coating Market Size, By Region, 2017–2024 (Usd Million)
Table 16 North America: Sustained Release Coating Market Size, By Country, 2017–2024 (Usd Million)
Table 17 North America: Sustained Release Coating Market Size, By Polymer Material Type, 2017–2024 (Usd Million)
Table 18 North America: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 19 North America: Sustained Release Coating Market Size, By Application, 2017–2024 (Usd Million)
Table 20 Us: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 21 Canada: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 22 Mexico: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 23 Europe: Sustained Release Coating Market Size, By Country, 2017–2024 (Usd Million)
Table 24 Europe: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 25 Europe: Sustained Release Coating Market Size, By Polymer Material, 2017–2024 (Usd Million)
Table 26 Europe: Sustained Release Coating Market Size, By Application, 2017–2024 (Usd Million)
Table 27 Switzerland: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 28 Russia: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 29 Germany: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 30 France: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 31 UK: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 32 Italy: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 33 Spain: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 34 Rest Of Europe: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 35 Apac: Sustained Release Coating Market Size, By Country, 2017–2024 (Usd Million)
Table 36 Apac: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 37 Apac: Sustained Release Coating Market Size, By Polymer Material Type, 2017–2024 (Usd Million)
Table 38 Apac: Sustained Release Coating Market Size, By Application, 2017–2024 (Usd Million)
Table 39 Japan: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 40 China: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 41 India: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 42 South Korea: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 43 Indonesia: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 44 Taiwan: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 45 Thailand: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 46 Vietnam: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 47 Rest Of Apac: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 48 South America: Sustained Release Coating Market Size, By Country, 2017–2024 (Usd Million)
Table 49 South America: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 50 South America: Sustained Release Coating Market Size, By Polymer Material, 2017–2024 (Usd Million)
Table 51 South America: Sustained Release Coating Market Size, By Application, 2017–2024 (Usd Million)
Table 52 Brazil: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 53 Argentina: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 54 Rest Of South America: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 55 Middle East & Africa: Sustained Release Coating Market Size, By Country, 2017–2024 (Usd Million)
Table 56 Middle East & Africa: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 57 Middle East & Africa: Sustained Release Coating Market Size, By Polymer Material Type, 2017–2024 (Usd Million)
Table 58 Middle East & Africa: Sustained Release Coating Market Size, By Application, 2017–2024 (Usd Million)
Table 59 South Africa: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 60 Saudi Arabia: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 61 Rest Of MEA: Sustained Release Coating Market Size, By Substrate Type, 2017–2024 (Usd Million)
Table 62 New Service, Technology, And Product Launches, 2016–2019
Table 63 Agreements, Collaborations, Partnerships, And Joint Ventures, 2016–2019
List of Figures
Figure 1 Sustained Release Coating Market Segmentation
Figure 2 Sustained Release Coating Market: Research Design
Figure 3 Breakdown Of Primary Interviews:
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Breakdown And Data Triangulation
Figure 7 Ethyl & Methyl Cellulose to Be the Largest Type of Sustained Release Coating
Figure 8 In Vitro Application To Dominate The Sustained Release Coating Market
Figure 9 North America Accounted For the Largest Market Share
Figure 10 Sustained Release Coating Market to Witness Moderate Growth between 2019 and 2024
Figure 11 Tablets to Be the Fastest-Growing Substrate Type
Figure 12 The US Accounted For The Largest Market Share
Figure 13 US and China: The Dominant Markets In 2019
Figure 14 Drivers, Restraints, Opportunities, and Challenges in the Sustained Release Coating Market
Figure 15 Sustained Release Coating Market: Porter’s Five Forces Analysis
Figure 16 Sustained Release Coating Market Size, By Application, 2019 Vs. 2024 (USD Million)
Figure 17 Sustained Release Coating Market: Regional Snapshot (2019)
Figure 18 North America: Sustained Release Coating Market Snapshot
Figure 19 APAC: Sustained Release Coating Market Snapshot
Figure 20 Basf Led the Sustained Release Coating Market In 2018
Figure 21 Basf Se: Company Snapshot
Figure 22 Basf Se: SWOT Analysis
Figure 23 Evonik: Company Snapshot
Figure 24 Evonik: SWOT Analysis
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Executive Summary
Companies Mentioned
- BASF SE
- Coating Place, Inc.
- Colorcon
- Evonik
