Gastric Soluble Film Coating Premix Trends and Forecast
The future of the global gastric soluble film coating premix market looks promising with opportunities in the western medicine and traditional Chinese medicine markets. The global gastric soluble film coating premix market is expected to grow with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are increasing demand for orally disintegrating dosage forms and growing preference for patient-friendly drug delivery systems.
• Lucintel forecasts that hydroxypropyl methylcellulose is expected to witness the highest growth over the forecast period.
• Within this market, western medicine is expected to witness the higher growth.
• North America is expected to witness highest growth over the forecast period.
United States: Companies like PharmaCoat Inc. and SoluFilm Technologies have announced initiatives to develop gastric soluble film coating premixes. PharmaCoat Inc. aims to enhance its manufacturing capabilities to meet the increasing demand for gastric soluble film coatings, while SoluFilm Technologies focuses on research and development to innovate new formulations. Additionally, the FDA oversees regulations on pharmaceutical coatings, ensuring product safety and efficacy. Targets set by companies include expanding market share and introducing novel formulations. Government targets may include promoting research on pharmaceutical coatings and regulating their use.
Europe: Companies like EuroPharma Coatings and PharmaSol have launched initiatives related to gastric soluble film coating premixes. EuroPharma Coatings aims to collaborate with research institutions to develop advanced coating technologies, while PharmaSol focuses on optimizing production processes for gastric soluble film coatings. The European Medicines Agency regulates pharmaceutical coatings in the EU, ensuring compliance with EU standards. Companies target increasing market presence in EU member states. Government targets may include promoting innovation in pharmaceutical coatings and ensuring their safety and quality.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Gastric Soluble Film Coating Premix by Segment
The study includes a forecast for the global gastric soluble film coating premix by type, application, and region.
Gastric Soluble Film Coating Premix Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Hydroxypropyl Methylcellulose
• Hydroxypropyl Cellulose
• Acrylic
• Polyvinylpyrrolidone
• Others
Gastric Soluble Film Coating Premix Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Western Medicine
• Traditional Chinese Medicine
Gastric Soluble Film Coating Premix Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Gastric Soluble Film Coating Premix Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies gastric soluble film coating premix companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the gastric soluble film coating premix companies profiled in this report include-
• Mikem Chemical
• Shandong Ruitai Chemical
• Shanghai Colorcon Coating Technology
• Yuekang Pharmaceutical Industry Group Anhui Natural Pharmacy
• Beijing Yingmao Pharmaceutical
Recent Development in the Gastric Soluble Film Coating Premix Market
PharmaCoat Inc. has unveiled an advanced formulation for gastric soluble film coating premixes, designed to improve film integrity and dissolution properties. This initiative aims to address challenges associated with conventional coating technologies, such as inconsistent dissolution and film disintegration, offering pharmaceutical manufacturers a reliable solution for developing oral dosage forms with enhanced bioavailability and patient compliance.
SoluFilm Technologies: is conducting research and development to identify novel excipients for soluble film coating formulations, aiming to enhance film stability and drug release characteristics. This initiative seeks to push the boundaries of soluble film coating technology, enabling the formulation of complex drug products with tailored release profiles and improved therapeutic outcomes.
EuroPharma Coatings: has established collaborations with academic institutions to drive innovation in coating technology for soluble films. By leveraging expertise in polymer science and material engineering, the company aims to develop next-generation coating formulations with superior performance and manufacturability, catering to the evolving needs of the pharmaceutical industry.
PharmaSol: is focused on optimizing manufacturing processes for soluble film coatings to enhance production efficiency and quality control. Through process improvements and automation, the company aims to streamline coating operations and ensure consistent performance of coated dosage forms, supporting pharmaceutical manufacturers in meeting stringent regulatory requirements and delivering high-quality products to market.
Features of the Global Gastric Soluble Film Coating Premix Market
Market Size Estimates: Gastric soluble film coating premix market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Gastric soluble film coating premix market size by type, application, and region in terms of value ($B).
Regional Analysis: Gastric soluble film coating premix market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the gastric soluble film coating premix market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the gastric soluble film coating premix market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for gastric soluble film coating premix market?
Answer: The global gastric soluble film coating premix market is expected to grow with a CAGR of 5.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the gastric soluble film coating premix market?
Answer: The major drivers for this market are increasing demand for orally disintegrating dosage forms and growing preference for patient-friendly drug delivery systems.
Q3. What are the major segments for gastric soluble film coating premix market?
Answer: The future of the gastric soluble film coating premix market looks promising with opportunities in the western medicine and traditional Chinese medicine markets.
Q4. Who are the key gastric soluble film coating premix market companies?
Answer: Some of the key gastric soluble film coating premix companies are as follows:
• Mikem Chemical
• Shandong Ruitai Chemical
• Shanghai Colorcon Coating Technology
• Yuekang Pharmaceutical Industry Group Anhui Natural Pharmacy
• Beijing Yingmao Pharmaceutical
Q5. Which gastric soluble film coating premix market segment will be the largest in future?
Answer: Lucintel forecasts that hydroxypropyl methylcellulose is expected to witness the highest growth over the forecast period.
Q6. In gastric soluble film coating premix market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the gastric soluble film coating premix market by type (hydroxypropyl methylcellulose, hydroxypropyl cellulose, acrylic, polyvinylpyrrolidone, and others), application (western medicine and traditional Chinese medicine), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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