Sustained release coating are the special coating which has a control on the release of ingredients in a particular longer period of time. The sustained release coating is basically used for film coating on the loaded granules of drugs. It has a physical property of resistance towards chemical, abrasion, and moisture. It helps in increasing the convenience of manufacturing drugs and reduce the risk of over dosage. It is used by various industries such as transportation, aerospace, film & Tapes, food & beverages,
MARKET DYNAMICS
The global sustained release coating market is growing at a significant pace owing to driving factors such as increasing demand from medical and pharmaeutical industry dur to its feature of controlling and targetting the drug delivery. Furthermore, Increasing demand from food & beverages industry due to its environment friendly properties is likely to drive the demand for sustained release coating in the coming years. However high cost and alcohol dose dumping is projected to hinder the growth of sustained release coating market. Likewise, increase in advancement in technology and increasing support from the governemt may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global sustained release coating Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sustained release coating market with detailed market segmentation by polymer material type, substrate, application and geography. The global sustained release coating market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sustained release coating market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sustained release coating market is segmented on the basis of polymer material type, substrate and application. On the basis of polymer material type, the sustained release coating market is segmented into ethyl & methyl cellulose, polyvinyl & cellulose acetate, methacrylic acid, polyethylene glycol and others,. On the basis of substrate, the market is bifurcated into, tablets, capsules and pills. Based on application, the global sustained release coating market is segmented into, vitro and vivo.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sustained release coating market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sustained release coating market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sustained release coating market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the sustained release coating market in these regions.
MARKET PLAYERS
The reports cover key developments in the sustained release coating market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from sustained release coating market are anticipated to lucrative growth opportunities in the future with the rising demand for sustained release coating in the global market. Below mentioned is the list of few companies engaged in the sustained release coating market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sustained release coating market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Allergan plc.
- BASF Corporation
- Bausch Health Companies Inc.
- Coating Place Inc.
- Colorcon
- Evonik Industries AG.
- Mylan N.V.
- Pfizer Inc.
- Sun Pharmaceutical Industries Ltd.
- Teva Pharmaceutical Industries Ltd.