USA Tablet Coating Market Outlook to 2030

Region:North America

Author(s):Shreya Garg

Product Code:KROD638

Published On

July 2024

Total pages

100

About the Report

USA Tablet Coating Market Overview

  • The USA Tablet Coating market has experienced notable growth, this is reflected by global tablet coating market reaching a valuation of USD 848 million in 2023.This growth is fueled by rising demand for rapid diagnostic solutions and increasing healthcare awareness, driven by the increasing demand for pharmaceutical products and the growing health consciousness among consumers.
  • The key players in the USA tablet coating market include Colorcon, Inc., Evonik Industries AG, BASF SE, Ashland Global Holdings Inc., and Eastman Chemical Company. These companies dominate the market through their extensive product portfolios, strong distribution networks, and continuous innovation. Colorcon's Opadry coating systems are widely used for their efficiency and quality, maintaining a large market share.
  • Evonik acquired the German biotech company JeNaCell. This acquisition was primarily focused on expanding Evonik's biomaterials portfolio, it also launched EUDRAGIT FL 30 D-55 in October 2023. This advanced combination polymer is designed for enteric coatings, offering improved flexibility, ease of processing, and the capability to create thin film coatings for higher drug loadings.
  • Dominant cities in the USA tablet coating market include New York, San Francisco, and Boston. These cities are hubs for pharmaceutical companies and research institutions, contributing to important market activities. New York, for instance, is home to major pharmaceutical firms and has a strong infrastructure for drug manufacturing and distribution, making it a critical market player.

USA Tablet Coating Market Size

USA Tablet Coating Market Segmentation

The USA Tablet Coating Market can be segmented by various factors like Polymer Type, End User and Region.

By Polymer Type: The USA tablet coating market is segmented by polymer type into cellulose, acrylic and others. In 2023, cellulose coatings dominated the market due to their biocompatibility and ease of application. They are widely preferred for their film-forming properties and ability to provide controlled drug release, essential for patient adherence and therapeutic efficacy.

USA Tablet Coating Market Segmentation by Polymer Type

By End-User: The USA tablet coating market is segmented by end-user into pharmaceuticals and nutraceuticals and others. In 2023, the pharmaceutical sector accounts for the largest market share, driven by the demand for advanced drug delivery systems and the necessity of maintaining drug stability and efficacy, reflecting the critical role of coatings in ensuring patient compliance and drug performance.

USA Tablet Coating Market Segmentation by End User

By Region: The USA tablet coating market is segmented by region into North, South, East, and West. In 2023, the Northern region dominates the market share, primarily due to the presence of major pharmaceutical companies and research institutions. The robust infrastructure and vital investments in pharmaceutical R&D in this region drive market growth.

USA Tablet Coating Market Competitive Landscape

Company

Establishment Year

Headquarters

Colorcon, Inc.

1961

Pennsylvania, USA

Evonik Industries AG

2007

Essen, Germany

BASF SE

1865

Ludwigshafen, Germany

Ashland Global Holdings Inc.

1924

Kentucky, USA

Eastman Chemical Company

1920

Tennessee, USA

  • Colorcon, Inc.: In 2023, Colorcon launched the Opadry QX which reduces coating times by allowing higher solids concentrations (20-35% w/w) compared to conventional hypromellose-based coatings. This results in faster application rates and earlier color uniformity. This innovation is set to improve production workflows and reduce operational costs for pharmaceutical manufacturers.
  • Ashland Global Holdings Inc: It is recognized as a prominent player in the tablet coatings market. The company focuses on developing innovative coating solutions that enhance the performance and delivery of pharmaceutical products. Notably, Ashland's offerings include various types of coatings that cater to the evolving needs of the pharmaceutical industry, such as film coatings and enteric coatings.

USA Tablet Coating Industry Analysis

USA Tablet Coating Market Growth Drivers

  • Increasing Prevalence of Chronic Diseases: The USA has witnessed a surge in chronic diseases, with the Centers for Disease Control and Prevention (CDC) reporting that six in ten adults have a chronic disease, and four in ten have two or more. This rise in chronic conditions, such as diabetes and cardiovascular diseases, has led to increased demand for medications, driving the tablet coating market.
  • Advancements in Coating Technologies: Technological advancements have crucially impacted the tablet coating market. The development of novel coating materials and processes, such as multi-layer coatings and functional coatings, has enhanced the performance and application of tablet coatings. These advancements ensure better protection of active ingredients and controlled drug release.
  • Shift Towards Biodegradable Coatings: There is a growing trend towards using biodegradable and environmentally friendly materials in tablet coatings. The adoption of biodegradable coatings increased, driven by the pharmaceutical industry's focus on sustainability and reducing environmental impact. These coatings offer benefits such as improved biocompatibility and reduced toxicity, aligning with the industry's commitment to environmental responsibility.

USA Tablet Coating Market Challenges

  • High Production Costs: The production of high-quality tablet coatings involves substantial costs, including raw materials, manufacturing processes, and quality control measures. Advanced coating technologies, while offering superior performance, often require capital investment. This high cost can be a barrier for small and medium-sized pharmaceutical companies, limiting their ability to compete in the market.
  • High R&D Costs: The costs associated with research and development for new tablet coatings can be substantial. This includes the financial burden of developing innovative coatings that meet market demands while ensuring compliance with regulations. Also, the logistics that should meet the temperature and handling barriers for latest developed coating are also a challenge.

USA Tablet Coating Market Government Initiatives

  • Advanced Manufacturing for Health Initiative: In 2023, the U.S. government launched the Advanced Manufacturing for Health Initiative, to support the adoption of cutting-edge technologies in pharmaceutical manufacturing. This initiative aims to enhance the competitiveness of the U.S. pharmaceutical industry by promoting innovation in drug formulation and production processes, including tablet coatings.
  • FDAs Emerging Technology Program: FDA's Emerging Technology Program does encourage the adoption of novel tablet coating technologies and other manufacturing innovations, the program itself was established in 2014. The program's main objective is to promote the adoption of innovative approaches to pharmaceutical manufacturing in general accelerating the approval of advanced manufacturing processes.

USA Tablet Coating Market Future Outlook

USA tablet coating market is showing exponential growth and it will grow immensely by 2028, fueled by rising demand for rapid diagnostic solutions and increasing healthcare awareness, driven by the increasing demand for pharmaceutical products and the growing health consciousness among consumers.

Future Trends

  • Sustainability and Eco-Friendly Coatings: The market will witness a shift towards sustainability, with a growing emphasis on eco-friendly and biodegradable coatings. Manufacturers will invest in research to develop coatings that minimize environmental impact while maintaining high performance. By 2028, the adoption of sustainable coatings is projected to increase, driven by regulatory pressures and consumer demand for environmentally responsible products.
  • Digitalization and Automation: The tablet coating market will undergo substantial digital transformation, with the adoption of AI, machine learning, and automation in manufacturing processes. These technologies will enhance production efficiency, reduce costs, and ensure consistent quality. The integration of digital tools in the coating process is expected to increase, enabling real-time monitoring and optimization of production workflows, thus driving market growth.

Scope of the Report

By Polymer Type

Cellulose

Acrylic

Others

By End User

Pharmaceuticals

Nutraceuticals

Others

By Region

North

South

East

West

Products

Key Target Audience – Organizations and Entities who can benefit by Subscribing this Report: 

  • Pharmaceutical Manufacturers

  • Nutraceutical Companies

  • Biotechnology Firms

  • Contract Research Organizations (CROs)

  • Drug Development Laboratories

  • Raw Material Suppliers

  • Pharmaceutical R&D Institutes

  • Investors & VC Firms

  • S. Food and Drug Administration (FDA)

  • National Institutes of Health (NIH)

Time Period Captured in the Report: 

  • Historical Period: 2018-2023

  • Base Year: 2023

  • Forecast Period: 2023-2028 

Companies

Players Mentioned in the Report: 

  • Colorcon Inc.

  • Evonik Industries AG

  • BASF SE

  • Ashland Global Holdings Inc.

  • Eastman Chemical Company

  • Roquette Frres

  • Kerry Group

  • Dupont De Nemours, Inc.

  • FMC Corporation

  • Air Liquide S.A.

  • Merck KGa

  • The Lubrizol Corporation

  • Gattefoss

  • Seppic

  • Biogrund GmbH

Table of Contents

1. USA Tablet Coating Market Overview

1.1 USA Tablet Coating Market Taxonomy

2. USA Tablet Coating Market Size (in USD Bn), 2018-2023

3. USA Tablet Coating Market Analysis

3.1 USA Tablet Coating Market Growth Drivers

3.2 USA Tablet Coating Market Challenges and Issues

3.3 USA Tablet Coating Market Trends and Development

3.4 USA Tablet Coating Market Government Regulation

3.5 USA Tablet Coating Market SWOT Analysis

3.6 USA Tablet Coating Market Stake Ecosystem

3.7 USA Tablet Coating Market Competition Ecosystem

4. USA Tablet Coating Market Segmentation, 2023

4.1 USA Tablet Coating Market Segmentation by Polymer Type (in value %), 2023

4.2 USA Tablet Coating Market Segmentation by End User (in value %), 2023

4.3 USA Tablet Coating Market Segmentation by Region (in value %), 2023

5. USA Tablet Coating Market Competition Benchmarking

5.1 USA Tablet Coating Market Cross-Comparison (no. of employees, company overview, business strategy, USP, recent development, operational parameters, financial parameters and advanced analytics)

6. USA Tablet Coating Future Market Size (in USD Bn), 2023-2028

7. USA Tablet Coating Future Market Segmentation, 2028

7.1 USA Tablet Coating Market Segmentation by Polymer Type (in value %), 2028

7.2 USA Tablet Coating Market Segmentation by End User (in value %), 2028

7.3 USA Tablet Coating Market Segmentation by Region (in value %), 2028

8. USA Tablet Coating Market Analysts Recommendations

8.1 USA Tablet Coating Market TAM/SAM/SOM Analysis

8.2 USA Tablet Coating Market Customer Cohort Analysis

8.3 USA Tablet Coating Market Marketing Initiatives

8.4 USA Tablet Coating Market White Space Opportunity Analysis

Disclaimer Contact Us

Research Methodology

Step: 1 Identifying Key Variables:

Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.

Step: 2 Market Building:

Collating statistics on USA Tablet Coating market over the years, penetration of marketplaces and service providers ratio to compute revenue generated for USA Tablet Coating market. We will also review service quality statistics to understand revenue generated which can ensure accuracy behind the data points shared.

Step: 3 Validating and Finalizing:

Building market hypothesis and conducting CATIs with industry experts belonging to different companies to validate statistics and seek operational and financial information from company representatives. 

Step: 4 Research Output:

Our team will approach multiple tablet coating suppliers and distributors companies and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from tablet coating suppliers and distributors companies.

Frequently Asked Questions

01 How big is the USA Tablet Coating Market?

The global tablet coating market was valued at USD 848 million in 2023. This growth is fueled by rising demand for rapid diagnostic solutions and increasing healthcare awareness, driven by the increasing demand for pharmaceutical products and the growing health consciousness among consumers.

02 What are the growth drivers of the USA Tablet Coating Market?

Growth drivers of USA Tablet Coating Market include the increasing prevalence of chronic diseases, substantial investments in pharmaceutical R&D, and advancements in coating technologies that enhance drug efficacy and patient compliance. The focus on controlled-release and targeted delivery systems also boosts market demand.

03 What are challenges faced by the USA Tablet Coating Market?

Key challenges of the USA Tablet Coating Market include stringent regulatory compliance requirements, high production costs for advanced coatings, and supply chain disruptions affecting raw material availability and production consistency. These factors can hinder market growth and competitiveness.

04 Who are the major players in the USA Tablet Coating Market?

Major players in the USA Tablet Coating Market include Colorcon, Inc., Evonik Industries AG, BASF SE, Ashland Global Holdings Inc., and Eastman Chemical Company. These companies lead the market through innovation, extensive product portfolios, and strong distribution networks.

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