Market Overview:
The global sustained release film coating market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for sustained release formulations across various applications, such as tablets, capsules, and pills. In addition, the growing awareness about the benefits of using sustained release formulations is also contributing to the growth of this market. The ethyl cellulose segment is expected to account for a major share of the global sustained release film coating market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due its properties such as water resistance and good adhesive properties that make it suitable for use in various pharmaceutical applications.
Product Definition:
A sustained release film coating is a type of coating applied to pharmaceuticals and other types of medications in order to modify their release profile. This type of coating can help to prolong the time over which the medication is released, providing a more consistent dosage and reducing the number of doses that need to be administered. Additionally, sustained release film coatings can help protect medications from degradation and environmental factors.
Ethyl & methyl Cellulose:
Ethyl and methyl cellulose are natural compounds extracted from the cell walls of plants. Cellulose is a polymer, an insoluble fiber made up of many individual sugars joined together. Methyl and ethyl cellulose are two different forms in which this compound can be found; both having properties unique to themselves as well as shared with other polymers such as starch, dextrin or hydroxypropylmethyl cellulose (HPMC).
Polyvinyl & Cellulose acetate:
Polyvinyl & cellulose acetate is a polymer blend of 70:30 ratio by weight, used in the manufacturing of sustained release film coating. The product has been found to be effective in controlling blood pressure and cholesterol levels. It also helps reduce the risk for cardiovascular diseases owing to its ability to prevent platelet aggregation and thrombus formation.
The product is considered as safe by FDA, EU Commission Regulation (EC) No 1107/2009.
Application Insights:
The global sustained release film coating market is segmented by application into tablets, capsules, and pills. The tablets emerged as the largest application segment in 2017 with a share of over 40% in the same year owing to its wide usage for treating chronic diseases such as cancer and diabetes. Moreover, increasing R&D activities pertaining to tablet formulations is expected to drive growth over the forecast period.
The capsules held a significant share in 2017 owing to its use for containing drugs or medicines that need rapid delivery of drug within the body. This application segment is anticipated grow at a faster rate than pills during the forecast period due to high product demand from various industries including pharmaceuticals and nutraceuticals among others.
Growing geriatric population across countries such as India China Japan Germany France Italy Spain U.K.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing healthcare expenditure and prevalence of chronic diseases in U.S., which drives the demand for sustained release pharmaceuticals and medical devices for treatment and care of patients.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast years due to rising geriatric population, improving living standards, growing health awareness among people resulting into increased adoption rates for SRT films across various applications such as tablets & capsules, pills & parenterals etc. In addition, supportive government initiatives aimed at manufacturing products through public-private partnerships are also expected to drive regional market growth over next eight years or so (until 2030).
Growth Factors:
- Increasing demand for sustained release formulations from the pharmaceutical and nutraceutical industries
- Growing preference for minimally invasive drug delivery systems over traditional oral dosage forms
- Rising R&D expenditure by pharmaceutical companies to develop novel sustained release products
- Technological advancements in the field of film coating that offer enhanced product performance
- Growing awareness about the benefits of sustained release formulations among patients and healthcare professionals
Scope Of The Report
Report Attributes
Report Details
Report Title
Sustained Release Film Coating Market Research Report
By Type
Ethyl & methyl Cellulose, Polyvinyl & Cellulose acetate, Methacrylic Acid, PEG, Others
By Application
Tablets, Capsules, Pills
By Companies
BASF, Evonik, Colorcon, Coating Place
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Sustained Release Film Coating Market Report Segments:
The global Sustained Release Film Coating market is segmented on the basis of:
Types
Ethyl & methyl Cellulose, Polyvinyl & Cellulose acetate, Methacrylic Acid, PEG, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tablets, Capsules, Pills
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Evonik
- Colorcon
- Coating Place
Highlights of The Sustained Release Film Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ethyl & methyl Cellulose
- Polyvinyl & Cellulose acetate
- Methacrylic Acid
- PEG
- Others
- By Application:
- Tablets
- Capsules
- Pills
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sustained Release Film Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sustained release film coating is a type of adhesive that releases a controlled amount of adhesive over an extended period of time. This allows the adhesive to bond more securely to the surface it is applied to, and reduces the need for frequent reapplication.
Some of the major players in the sustained release film coating market are BASF, Evonik, Colorcon, Coating Place.
The sustained release film coating market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sustained Release Film Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sustained Release Film Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sustained Release Film Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sustained Release Film Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sustained Release Film Coating Market Size & Forecast, 2020-2028
4.5.1 Sustained Release Film Coating Market Size and Y-o-Y Growth
4.5.2 Sustained Release Film Coating Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ethyl & methyl Cellulose
5.2.2 Polyvinyl & Cellulose acetate
5.2.3 Methacrylic Acid
5.2.4 PEG
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Tablets
6.2.2 Capsules
6.2.3 Pills
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sustained Release Film Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sustained Release Film Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ethyl & methyl Cellulose
9.6.2 Polyvinyl & Cellulose acetate
9.6.3 Methacrylic Acid
9.6.4 PEG
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Tablets
9.10.2 Capsules
9.10.3 Pills
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ethyl & methyl Cellulose
10.6.2 Polyvinyl & Cellulose acetate
10.6.3 Methacrylic Acid
10.6.4 PEG
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Tablets
10.10.2 Capsules
10.10.3 Pills
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ethyl & methyl Cellulose
11.6.2 Polyvinyl & Cellulose acetate
11.6.3 Methacrylic Acid
11.6.4 PEG
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Tablets
11.10.2 Capsules
11.10.3 Pills
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ethyl & methyl Cellulose
12.6.2 Polyvinyl & Cellulose acetate
12.6.3 Methacrylic Acid
12.6.4 PEG
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Tablets
12.10.2 Capsules
12.10.3 Pills
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ethyl & methyl Cellulose
13.6.2 Polyvinyl & Cellulose acetate
13.6.3 Methacrylic Acid
13.6.4 PEG
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Tablets
13.10.2 Capsules
13.10.3 Pills
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sustained Release Film Coating Market: Competitive Dashboard
14.2 Global Sustained Release Film Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Evonik
14.3.3 Colorcon
14.3.4 Coating Place
