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Microencapsulation Market will likely surpass USD 14 billion by 2024. Global microencapsulation market is largely driven by the growing demand from the pharmaceutical, functional food, and agrochemical sectors for controlled release of the active compounds. Rising need of multicomponent delivery systems, reducing capsule size, and growing bioavailability of drugs will provide substantial opportunities in the regions with rich healthcare industry such as the U.S. and Western Europe, which is expected to positively swell the microencapsulation market during the forecast period.Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/668602/
According to coating material, gelatin is expected to grow at a significant rate of over 10% during the forecast years. It is a broadly used coating material, which is likely to create at a substantial share in the market since the product is water soluble resin and widely used in food, pharmaceutical and cosmetics industry. The primary companies in the microencapsulation market involve Dow, 3M, Bayer, BASF, Syngenta and Encapsys which hold a major portion of the total company market.
Microencapsulation market has been segmented into core materials, coating materials, technology and application. Solid core material held a substantial portion of the market of over 20% due to its property to easily disperse in a supporting air stream and also act as diluents, active constituents, stabilizers, accelerators and excipients.
The technology segment is led by the mechanical technique that will record a share of over 60% of the global market in 2024 due its low cost. The procedure is widely used in several end-user industries for the production of microcapsules and microspheres.
Ongoing research and rising demand for substitute technologies such as nanoencapsulation technology and high processing cost of microencapsulation technology are expected to become an obstacle in the growth of the microencapsulation market over the forecast timespan. High costs and technical knowhow associated with the market may hinder the potential growth over the coming years.
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Europe will be the second largest regional market in 2024 after North America. The regional market is rapidly advancing in terms of availability of coating technologies, raw materials and applications. Developed economies such as UK, Germany, France, and Italy are at the forefront of the regional market due to the heavy penetration of the technology in the pharmaceutical industry.
Table of Content:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.1.4.1. Definitions
1.1.4.2. Forecast parameters
1.2. Data sources
1.2.1. Secondary
1.2.1.1. Paid
1.2.1.2. Unpaid
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Microencapsulation industry 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Core material trends
2.1.3. Coating material trends
2.1.4. Technology trends
2.1.5. Application trends
2.1.6. Regional trends
Chapter 3. Microencapsulation Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.4. Industry impact forces
3.5. Growth potential analysis
3.6. Technology trends
3.7. Regulatory trends
3.8. Porter's analysis
3.9. Company market share analysis, 2017
3.9.1. Strategic landscape
3.10. PESTEL analysis
3.11. Regional price trends
Chapter 4. Microencapsulation Market, By Core Material
4.1. Global microencapsulation market share by core material, 2017 & 2024
4.2. Solid
4.2.1. Market estimates and forecasts, 2013 - 2024
4.2.2. Market estimates and forecasts by region, 2013 - 2024
4.3. Liquid
4.3.1. Market estimates and forecasts, 2013 - 2024
4.3.2. Market estimates and forecasts by region, 2013 - 2024
4.4. Gas
4.4.1. Market estimates and forecasts, 2013 - 2024
4.4.2. Market estimates and forecasts by region, 2013 - 2024
Chapter 5. Microencapsulation Market, Coating Material By Application
5.1. Global microencapsulation market share by coating material, 2017 & 2024
5.2. Gelatin
5.3. Polyvinyl alcohol
5.4. Ethyl cellulose
5.5. Cellulose acetate phthalate
Chapter 6. Microencapsulation Market, By Technology
Chapter 7. Microencapsulation Market, By Application
Chapter 8. Microencapsulation Market, By Region
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