Microencapsulation Market Demand Key Growth Opportunities. Development and Forecasts to 2016-2030

Global Microencapsulation Market– Overview

Microencapsulation is generally defined as a process where the tiny particles or droplets of the active ingredients are surrounded by a coating or embedded in a homogeneous or heterogeneous matrix.

It is generally made of polymeric materials in order to give small capsules that may range from sub-microns to several millimetres in size with many useful properties.

Microencapsulation is used as a delivery system that has proved itself useful in a variety of commercial applications in many areas of industry. Also, the techniques used to produce these capsules range from simple blend operations to complex polymeric coating systems.

Global Microencapsulation Market : Key trends

Rising demand for microencapsulated products will aid the market expansion

With the growing demand for microencapsulated products, numerous firms in the market are investing heavily in research and development, which has aided the microencapsulation market’s growth. To tap niche markets such as the usage of PCMs in energy applications and cancer and brain tumour-specific medication delivery, new microencapsulation technologies are required. To improve the performance of their goods, market players in PCMs are working on new product advancements, microencapsulation technologies, improvements in latent heat storage capacity, and evaluation of different phase change temperature alternatives.

Adoption of advanced technologies will further help the market to grow

To achieve the stability of microencapsulated substances or products, physical and chemical properties of microcapsules must be optimised. Microencapsulated substances are difficult to keep stable in a variety of environments, according to manufacturers. Microencapsulation process type, material type, and microsphere capacity are all aspects to consider while optimising characteristics. Permeability, mechanical stability, cell survival, controlled release, targeted distribution, drug stability, and shelf-life are all features that must be improved in microcapsules.

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Segmental analysis of the Market

Based on Application

• Pharmaceutical & healthcare products
• Food & beverages
• Household & personal care products
• Agrochemicals
• Construction material
• Textiles
• Other applications (construction chemicals, inks, energy molecules)

The pharmaceutical and healthcare products segment has dominated the market growth over the forecast period. this is in order to mask the bitter taste or smell in drugs and to provide targeted delivery and controlled delivery.

Based on Technology

• Spray technology
• Dripping technology
• Emulsion technology
• Other technologies (coating, physico-chemical, and chemical technologies.)

The spray technology has dominated the market growth over the forecast period. This is because of the benefits offered that includes high production capacity, high recovery efficiency, the simplicity of the process, cost efficiency, and process safety.

Based on Core Material

• Agricultural inputs
• Food additives
• Pharmaceutical & healthcare drugs
• Fragrances
• Phase change material
• Other core material (defense, and paper & printing.)

The Pharmaceutical & healthcare drugs segment has dominated the market growth over the forecast period.

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North America is anticipated to amplify at a considerable CAGR

The global microencapsulation market is segment into North America, Europe, Asia Pacific, Middle east and Africa. Among these, North America has dominated the market growth over the forecast period. This is because of the growing demand and awareness about value-added products for various areas such as nutrition, food, healthcare, and personal care.

Competitive Landscape

Some of the prominent companies operating in the market are BASF (Germany), Royal FrieslandCampina (Netherlands), Syngenta Crop Protection (Switzerland), Koninklijke DSM (Netherlands), Givaudan (Switzerland), Firmenich (Switzerland), Symrise (Germany), International Flavors & Fragrances (US), Sensient Technologies (US), Lycored Corp. (UK), Balchem Corporation (US), Encapsys (US), Arcade Beauty (US), and Koehler Innovative Solutions (Germany), Ingredion Incorporation (US), Kerry (Ireland), Cargill (US), Firmenich Incorporation (Switzerland), Dupont (US), Aveka Group (US), Advanced Bionutrition Corp (US), Tastetech Encapsulation Solutions (UK), Sphera Encapsulation (Italy), Clextral (France), Vitasquare (Netherlands), and Microtek (US).

Major questions answered in this report

• what is the growth rate of the Global microencapsulation market?
• What are the primary growth determinants of the market?
• Which are the major regions constituting the geographical landscape of the market?
• Which are the prominent companies operating in the market?

Key takeaways from the report

• The Global microencapsulation market is projected to expand at a CAGR of 10.3% over the forecast period.
• The rising demand for functional food products is aiding market progression.
• The spray technology segment is poised to expand significantly over the forecast period.
• North America has dominated the regional market sphere over the forecast period.