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.

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. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Blister Coatings Market

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