Lucintel's latest market report analyzed that tablet coating provides attractive opportunities in pharmaceutical and nutraceutical end uses. The tablet coating market is expected to reach $1.64 billion by 2028 with a CAGR of 5.7%. In this market, cellulosic polymers is the largest segment by polymer type, whereas pharmaceutical is largest by end use.

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Based on polymer type, the tablet coating market is segmented into cellulosic polymers, vinyl derivatives, acrylic polymers and others. The cellulosic polymers segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, because of its strong properties, such as compressibility, flowability, soluble, and less sensitivity to wet granulation.

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The Tablet Coating Market is marked by the presence of several big and small players. Some of the prominent players offering tablet coating include Colorcon, BASF SE, Kerry, Ideal Cures, Evonik Industries AG, and Sensient Technologies.

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