Steady Growth Projected for Pharmaceutical Coating Equipment

Key Industry Insights & Findings from the report:

• The perforated coating pan accounted for 41.6% of the global revenue share in 2021 owing to its efficient drying system along with a simplified and precise spraying system that makes the coating solution the best atomization.

• The film coating segment accounted for 43.3% of the global revenue share in 2021 owing to the benefits of shorter processing times, fairly thin coats obtained as compared to other coating types, high resistance to mechanical influences.

• The others segment accounted for 11.8% of the global revenue share in 2021 as it follows a novel procedure by offering explicitly designed baffled pans and offers some aspects of fluid-bed coating.

• The Asia Pacific region is estimated to grow at a CAGR of 6.6% over the forecast period owing to a rise in the number of businesses setting up manufacturing in the region and the growth of the domestic pharmaceutical industry in this region.

• In March 2021, ACG launched ACG Laboratories by opening a process development lab in Shirwal, India. This facility will provide testing, and training environment dedicated to the collaborative exploration of all aspects of oral solid dosage manufacturing.