The Market

About 1500 companies in the U.S. manufacture and market medicinal drugs, generating combined revenues of over $200 billion. The industry is highly concentrated, with the 50 largest manufacturers (e.g., Merck, Pfizer, Abbott, Eli Lilly, etc.) accounting for over 80% of the total revenue. Small companies are mainly active in research or the manufacture of non-prescription drugs. The larger companies offer the most potential for coating operations in areas such as chemical resistance and some molding operations in the final packaging stages. Overall industry fundamentals are very positive as the aging of the baby boomer generation promises to increase market demand. The market is driven primarily by the research and development and marketing functions and speed to market is essential for continued growth.  

Critical Coating Issues

The pharmaceutical industry has historically used polished stainless steel vessels and components, but the improved chemical resistance of Teflon™ at high temperatures and its ability to meet FDA requirements mean growing opportunities for the product in this industry.  

Key Benefits of Teflon™ Industrial Coatings

  • Chemical resistance
  • Release
  • Regulatory compliance (FDA)
  • High purity
  • Ease of cleaning

Typical Applications

  • Chemical vessels
  • Impellers
  • Conical blenders
  • Ducts
  • Vacuum dryers
  • Capsule filling equipment
  • Pill and capsule packaging 
  • Heat seal bars
  • Gel cap cutting wedge

Information Resources

The American Association of Pharmaceutical Scientists

Pharmaceutical Research and Manufacturers of America

Related Market Research Codes

SIC Codes: 2899, 2833, 2834

Related NAICS Codes: 32541, 325421