New York, NY, August 27, 2015 --(PR.com
)-- A report “Global Microencapsulation Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2021” has been recently added by DecisionDatabases.com. The report forecasts the Global Microencapsulation Market to surpass US$ 9.08 billion by 2021 growing at a CAGR of 9.0% from 2016 to 2021.It was valued at US $ 5.07 billion in 2014.
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Microencapsulation is imparting new properties to innumerable products spread across various fields. Properties like controlled, delayed or sustained release of the active agent, masking some undesired properties of the active agent, converting liquid active compound into solid, and many more have caused many breakthrough inventions in various industries.
This report on global microencapsulation market segments the market based on the applications as Pharmaceuticals, Household utilities and products, Agrochemicals, Food and Feed Applications, and Others (including PCM). Furthermore, the report covers the analysis of the microencapsulation market using analytical tools such as Porter’s Five Forces Model, value chain analysis, market attractiveness analysis, and company share analysis.
The food and beverages industry is seeing revolutionary product evolution by using this technology. Though the pharmaceutical industry is the strongest and largest industry for microencapsulation, other industries like household utilities and products, agrochemicals, PCM among others are also responsible for driving this high CAGR.
Asia – pacific is being seen as the prospective market for Microencapsulation due to the growing end – user industry in this region. Preference to dietary supplements, probiotics, fortified and functional foods by the consumers is driving extensive research in the field of microencapsulation. However, the cost involved in the research and use of nanotechnology are seen as major challenges for this market.
The report mentions the financial and strategic plans along with the complete profiles of the key players of the Microencapsulation Market. Companies profiled in this report are BASF S.E, Dow Corning Corporation, Bayer AG, Ronald T. Dodge Company, Aveka Inc., Appvion Inc., Lipo Technologies, Microtek Laboratories, Inc. and others.
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Segmentations in report
Microencapsulation Market by Applications
· Household utilities and products
· Food and Feed Applications
· Others (including PCM)
Regional Analysis covers geographies such as
· North America
· Asia Pacific
· Latin America
· Rest of the World
· BASF S.E,
· Dow Corning Corporation,
· Bayer AG,
· Ronald T. Dodge Company,
· Aveka, Inc.,
· Appvion Inc.,
· Lipo Technologies,
· Microtek Laboratories, Inc.
· Taste Tech Ltd.
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