Leading market players are investing heavily in research and development in order to spread their product lines, which will help the Pharmaceutical Coating Equipment market grow even more. Market participants are also undertaking different strategic activities in order to expand their footprint, with important market developments including contractual agreements, new product launches, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in the more competitive and rising market climate, the Pharmaceutical Coating Equipment industry must provide cost-effective items.
Manufacturing locally to minimize the operational costs is one of the key business tactics used by the manufacturers in the Pharmaceutical Coating Equipment industry to benefit the clients and grow the market sector. In recent years, the Pharmaceutical Coating Equipment industry has offered some of the most significant advantages to different industries. Major players in the Pharmaceutical Coating Equipment market, including Ohara Technologies, ACG, Glatt GmbH, Romaco Group, Thomas Processing LLC, GEA Group Aktiengesellschaft, Syntegon Technology GmbH, L.B.
Bohle Maschinen und Verfahren GmbH, DIOSNA (LINXIS Group), Bosch Packaging Technology, and others, are trying to raise the market demand by investing in research and development operations.
Romaco Holding GmbH is a ly recognized company specializing in providing innovative packaging and processing solutions for the pharmaceutical and food industries. Headquartered in Karlsruhe, Germany, Romaco operates as a leading supplier of equipment and technologies, offering a comprehensive range of the products that cater to various stages of pharmaceutical production, including granulation, tabletting, and packaging. With a rich history dating back to the late 19th century, Romaco has consistently evolved to meet the changing needs of its clients, delivering high-quality, reliable, and technologically advanced solutions.
In March 2021, Romaco Holding Gmbh acquired STE Tecpharm, S.L., a Spanish manufacturer of high-performance tablet coating equipment. This acquisition strengthened Romaco's position in the pharmaceutical processing technology market and expanded its product portfolio with cutting-edge coating solutions.
Dow Inc., a materials science company, is a major player in the chemical industry with a rich history spanning over a century. Headquartered in Midland, Michigan, Dow operates in various segments, including packaging and speciality plastics, industrial intermediates and infrastructure, performance materials and coatings, and agriculture. The company is renowned for its innovative solutions that cater to the broader range of industries, from packaging and electronics to transportation and agriculture. Dow focuses on sustainability and has committed to addressing challenges through its products and technologies, emphasizing the importance of responsible and sustainable business practices.
In February 2021, Dow Inc. acquired Qualicaps, a leading supplier of pharmaceutical capsules. This acquisition provided Dow with access to Qualicaps' innovative coating technologies and expanded its presence in the pharmaceutical packaging market.
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