Blister Coatings Market to be at Forefront by 2026
Posted: Mar 08, 2019
Blister Coatings Market: Overview
Blister packaging typically consists of two elements: plastic blister and coated & printed blister card. Both of these elements are combined through a sealing process by applying heat and pressure. Heat and pressure cause the blister card and the coating film to soften and react with each other to form a compound. Two key types of coatings are used to produce heat-sealed blister cards: water-based heat-sealed coatings and solvent-based heat-sealed coatings. Due to technological advancements, most coatings are capable of sealing both PET and PVC blisters. Solvent-based coatings have better bond strength compared to water-based coatings. However, the difference can be narrowed down by following all guidelines of processing blister packaging.
Blister coatings are hygroscopic in nature i.e. they attract moisture. Presence of moisture in heat-sealing cards causes undesirable air enclosures and bad bonding spots in blister-sealed areas. A wide variety of heat-sealed cards and blisters are available in the global blister coatings market. Depending on application, the card and the blister can be of any shape, size, and thickness; which makes the choice of the blister coating highly technical and challenging.
Blister Coatings Market: Market Demand
Rise in the demand for blister packaging for use in pharmaceutical applications and increase in usage of blister packaging in food & beverage applications are expected to drive the global blister coatings market in the next few years. This is prompting companies to increase the production of blister coatings. Additionally, easy availability of raw materials required to manufacture blister coatings is anticipated to boost the global blister coatings market during the forecast period.
Technological advancements in the manufacture of coatings are increasing. Companies are striving to develop new and better methods of producing blister coatings. Development of new processes for the manufacture of blister coatings and rise in their utilization are expected to propel the global blister coatings market during the forecast period.
Blister Coatings Market: Key Segments
In terms of type, the global blister coatings market can be segmented into water-based, solvent-based, and others. The solvent-based coatings segment dominates the global blister coatings market, due to extensive usage of solvent-based blister coatings in the pharmaceutical industry.
In terms of end-use industry, the global blister coatings market can be divided into pharmaceutical, food & beverages, personal care & cosmetics, and others. The pharmaceutical segment dominates the global blister coatings market, due to extensive usage of blister packaging for packing of tablets.
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Blister Coatings Market: Regional Outlook
Based on geography, the global blister coatings market can be segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific and North America are anticipated to constitute a major share of the global blister coatings market during the forecast period. The global blister coatings market in Asia Pacific is projected to expand at a significant pace from 2018 to 2026, due to rise in the demand for blister packaging from the pharmaceutical industry in the region. Europe is anticipated to be an attractive global blister coatings market between 2018 and 2026, owing to increase in the demand for blister packaging from the personal care & cosmetics industry in the region.
Blister Coatings Market: Key Players
Prominent players operating in the global blister coatings market include ALTANA AG, Cork Industries, Inc., Sierra Coating Technologies LLC, and Aexcel Corporation. These players engage in research & development activities, strategic alliances, and mergers & acquisitions to gain market share.
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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