Microencapsulation Market will expand at 9% CAGR to hit 14 billion USD by 2024

The newly released research at Market Study Report titled “2017-2024 Global Microencapsulation Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

The Microencapsulation Market report 2017-2024 provides a comprehensive landscape of the industry, accurate market estimates and forecast split By Technology, By Core Material, By Coating Material, By Application and regions. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the Microencapsulation, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the Microencapsulation segment competitive environment, diving in to the industry position of each major company along with the strategic landscape.

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Mechanical technologies are widely used in the microencapsulation market due to its cost effectiveness and fast production rate. This technique held the majority of the shares in the overall microencapsulation market in 2016 and will grow at a substantial rate by 2024. Microencapsulation Market Size will surpass USD 14 billion by 2024; according to a new research report.

The applications include food additives, agrochemicals, pharmaceuticals and house hold products. The other applications include fragrance, phase change materials, etc. Among these, pharmaceuticals segment and household products, collectively held over 75% of the share in overall microencapsulation market and will expand at a significant rate.

Notable Microencapsulation market players comprise BASF S.E, Dow Corning Corporation, Lipo Technologies, Ronald T. Dodge Company, Balchem Corporation, Encapsys, Capsulae, Aveka, Inc, Microtek Laboratories, Inc, Reed Pacific, Bayer AG, 3M, Taste Tech Ltd, Evonik Industries AG, GAT Microencapsulation GmbH, Syngenta Crop Protection AG.

Based on geography, North America accounted for over 40% of the total market in 2016 and will grow at a significant rate in the upcoming years. This is due to the high growth in pharma and food industry in this region, which promotes the microencapsulated product usage in the market.

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Growth of pharmaceutical sector with a steady increase in global aging population and awareness towards health will fuel the microencapsulation market demand in coming years. This is driven by the rising demand for microencapsulated drugs. Expansion in pharma sector coupled with extensive research & developments in the healthcare field are driving the microencapsulated drugs industry which is projected to witness an upward trend during the forecast period, hence propelling the overall microencapsulation market.

Microencapsulation enhances drug delivery and is used in a variety of novel drug administration techniques. A primary reason for microencapsulating drug molecules is to ensure controlled drug delivery. This enables sustained and prolonged delivery of a drug in the body. For an instance, its benefits can be seen in the case of aspirin, as direct consumption of product can cause peptic ulcers and bleeding, the microencapsulated drugs release a calculated amount of the active ingredient in the human body without causing any side effects. Additionally, the process ensures certain organoleptic properties such as masking the pungent flavor and odor of medicines, thereby increasing patient willingness to consume them.

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Microencapsulation Industry Insights

Chapter 4. Microencapsulation Market, By Technology

Chapter 5. Microencapsulation Market, By Core Material

Chapter 6. Microencapsulation Market, Coating Material By Application

Chapter 7. Microencapsulation Market, By Application

Chapter 8. Microencapsulation Market, By Region

Chapter 9. Company Profiles

More Details on this Report At: https://www.marketstudyreport.com/reports/microencapsulation-market

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Global and Chinese Microencapsulation Equipment Industry, 2018 Market Research Report

Global and Chinese Microencapsulation Equipment Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Microencapsulation Equipment industry with a focus on the Chinese market. The report provides key statistics on the market status of the Microencapsulation Equipment manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Microencapsulation Equipment industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2018-2023 market development trends of Microencapsulation Equipment industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Microencapsulation Equipment Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2023 global and Chinese Microencapsulation Equipment industry covering all important parameters.


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Release ID: 476284