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Microencapsulation Market Key Players Analysis – BASF, Dow Corning, Encapsys, Syngenta Crop Protection, Evonik, 3M and Bayer

07-18-2018 01:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insights

Microencapsulation market

Microencapsulation market

Microencapsulation market has been segmented on the basis of core materials, coating materials, technology and application. Liquid core material held the major portion of the market due to its easily dispersion and dissolving characteristics. The material is widely used in cosmetics, pharmaceutical and food industry.

Microencapsulation Market Size will surpass USD 14 billion by 2024. 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.

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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.

Based on coating material, gelatin is the one of the most widely used products in the global microencapsulation market, especially in food additive and pharma sectors. This is due to its easily dissolving property in water. Rest of coating materials include polyvinyl alcohol, ethyl cellulose, cellulose acetate phthalate and others.

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.

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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.

The major companies in the microencapsulation market include Dow corporation, 3M, Syngenta., BASF, Encapsys, Bayer which hold a significant share of the overall competitive share.

Partial Chapter of the Table of Content

Chapter 2. Executive Summary

2.1. Microencapsulation industry 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Technology trends
2.1.3. Core material trends
2.1.4. Coating material trends
2.1.5. Application trends
2.1.6. Regional trends

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Chapter 3. Microencapsulation Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Rising trend of functional foods
3.4.1.2. Increasing acceptance of specialty detergents & cleaning agents
3.4.1.3. Growth in pharmaceutical industry
3.4.2. Industry pitfalls & challenges
3.4.2.1. Requirement of extensive research for appropriate technology and core materials
3.5. Growth potential analysis
3.6. Technology trends
3.7. Regulatory trends
3.8. Porter’s analysis
3.9. Company market share analysis, 2016
3.9.1. Strategic landscape
3.10. PESTEL analysis
3.11. Regional price trends

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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