Global Tablet Coatings Market is estimated to be valued at USD 958.9 Mn in 2025 and is expected to reach USD 1,413.1 Mn by 2032, growing at a compound annual growth rate (CAGR) of 5.7% from 2025 to 2032.
Report Coverage |
Report Details |
Base Year: |
2024 |
Market Size in 2025: |
USD 958.9 Mn |
Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: |
5.70% |
2032 Value Projection: |
USD 1,413.1 Mn |
The global tablet coatings market has witnessed significant growth in recent years, driven by the increasing demand for pharmaceutical products with enhanced properties and improved patient compliance. Tablet coatings play a crucial role in the pharmaceutical industry, offering various benefits such as taste masking, extended release, enteric protection, and enhanced appearance. The market encompasses a wide range of coating materials, including polymers, sugars, and functional coatings, each serving specific purposes. As the pharmaceutical industry continues to evolve and the demand for advanced drug delivery systems rises, the tablet coatings market is expected to witness substantial growth in the coming years. This blog aims to provide a comprehensive overview of the global tablet coatings market, discussing its current state, key trends, and future prospects.
Market Dynamics:
The global tablet coatings market is influenced by several factors that drive its growth, pose challenges, and present opportunities. One of the key drivers is the increasing prevalence of chronic diseases, which has led to a higher demand for pharmaceuticals and, consequently, tablet coatings. Additionally, the growing geriatric population and the need for patient-centric drug formulations have fueled the demand for coatings that enhance patient compliance and convenience. However, the market growth is restrained by stringent regulatory requirements and the high cost associated with the development and manufacturing of advanced coating technologies. Moreover, the availability of alternative drug delivery systems, such as oral thin films and transdermal patches, may pose a challenge to the tablet coatings market. Despite these restraints, the market presents significant opportunities for growth, driven by the increasing demand for functional coatings, such as enteric and sustained-release coatings, and the adoption of advanced technologies like nanotechnology and microencapsulation. Furthermore, the expanding pharmaceutical markets in emerging economies and the growing trend of outsourcing manufacturing to contract research organizations (CROs) and contract manufacturing organizations (CMOs) are expected to create new opportunities for market players.
Key Features of the Study:
- This report provides in-depth analysis of the global tablet coatings market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global tablet coatings market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include BASF SE, Evonik Industries AG, Colorcon, Inc., Dow Chemical Company, Ashland Global Holdings Inc., Kuraray Co., Ltd., Shin-Etsu Chemical Co., Ltd., ROCHEM International, Lonza Group AG, Coating Place, Inc., Associated British Foods plc, PPG Industries, Inc., Pfizer Inc., Grune Erde GmbH, HPM Global
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global tablet coatings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tablet coatings market
Market Segmentation
- Polymer Type Insights (Revenue, USD Mn, 2020 - 2032)
- Cellulosic Polymers
- Vinyl Derivatives
- Acrylic Polymers
- Other Polymers
- Type Insights (Revenue, USD Mn, 2020 - 2032)
- Film-coated tablets
- Sugar-coated tablets
- Enteric-coated tablets
- Gelatin-coated tablets
- Compression coating
- Electrostatic Coating
- Aqueous Film Coating
- Organic Coating
- Dip Coating
- Vacuum Film Coating
- Other tablet coatings
- Functionality Insights (Revenue, USD Mn, 2020 - 2032)
- Non-functional non-modifying coatings
- Functional modifying coatings
- Functional non-modifying coatings
- Release Profile Insights (Revenue, USD Mn, 2020 - 2032)
- Immediate Release
- Sustained Release
- Delayed Release
- Application Insights (Revenue, USD Mn, 2020 - 2032)
- Pharmaceutical
- Nutraceutical
- Food Industry
- Other Applications
- Regional Insights (Revenue, USD Mn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- BASF SE
- Evonik Industries AG
- Colorcon, Inc.
- Dow Chemical Company
- Ashland Global Holdings Inc.
- Kuraray Co., Ltd.
- Shin-Etsu Chemical Co., Ltd.
- ROCHEM International
- Lonza Group AG
- Coating Place, Inc.
- Associated British Foods plc
- PPG Industries, Inc.
- Pfizer Inc.
- Grune Erde GmbH
- HPM Global