Global Sustained Release Coatings Market Predicted To Grow By About USD 1099.33 Million by 2032

According to a report from Zion Market Research, the global Sustained Release Coatings Market was valued at USD 618.46 Million in 2023 and is projected to hit USD 1099.33 Million by 2032, with a compound annual growth rate (CAGR) of 6.6% during the forecast period 2024-2032.

. With the surging demand for microencapsulated products, major R&D activities are being conducted by various organizations in the market, hence supporting the development of the sustained release coating market. Innovative technologies, like sustained release coating, are needed in brain tumor and cancer-specific drug delivery.

Some of the key market players are Colorcon, Coating Place, BASF, and Evonik. During, April 2019, Colorcon Inc. developed its coating portfolio by increasing a range of customized release products with DuPont’s Aquacoat technology. Its product line comprises of Aquacoat ECD, which is a colloidal diffusion of ethylcellulose polymer for prolonged release. These coatings will be utilized in nutritional solid dose and pharmaceutical applications.

Surge In Demand For The In Vitro Application Will Drive The Global Sustained Release Coating Market

The pitch in demand for the sustained release coating has elevated in the last couple of years owing to its surged consumption across the Asia-Pacific region. Additionally, the rising utilization of sustained release coating in different applications, like In Vivo & In Vitro, has further aided in the growth of this market. For example, there is a major rise in the demand for tablets that are ever more favored as a novel high-performance substrate in pharmaceutical drug applications.

The global sustained release coating market is divided on the basis of applications, substrate, polymer material, and geography. Based on applications, the market is divided In Vitro and In Vivo. Based upon the substrate, the sustained release coating market is bifurcated into pills, tablets, and capsules. On the basis of polymer material, the market is classified in polyvinyl & cellulose acetate, PEG, methacrylic acid, ethyl & methyl cellulose, and others.

North America Is Estimated To Gain The Largest Market Share During 2024-2032.

On the basis of geographical analysis, the global sustained release coating market can be divided into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa. North America region is the biggest sustained release coating market and is predicted to uphold its position in the forecasted period. The increased demand for capsules, microencapsulated tablets, and pills are propelling the advancement of the sustained release coating market. Due to massive investments, the presence of pharmaceutical giants that are contributing to the development of innovative drugs and drug delivery systems, this market is likely to grow at a stable rate.

Browse the full “Sustained Release Coatings Market - By Application (In Vitro and In Vivo), By Polymer Material (Methacrylic Acid, Ethyl & Methyl Cellulose, PEG, Polyvinyl & Cellulose Acetate, Others), By Substrate (Pills, Tablets, and Capsules), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/sustained-release-coatings-market

The global sustained release coating market is segmented as follows:

On the basis of application:

• In Vitro
• In Vivo

On the basis of polymer material:

• Ethyl & methyl cellulose
• Polyvinyl & cellulose acetate
• Methacrylic acid
• PEG
• Others

On the basis of substrate:

• Tablets
• Capsules
• Pills

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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