Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- Microencapsulation is a process in which tiny particles or droplets are surrounded by a coating to give small capsules, of many useful properties. In general, it is used to incorporate food ingredients, enzymes, cells or other materials on a micro metric scale. Microencapsulation usually refers to sizes ranging from 1 µm to 1 mm.
Microencapsulation Technology has wide range of applications, such as Pharmaceutical & Healthcare, Food and Beverage, Home & Personal Care, Agrochemical, etc. And Pharmaceutical & Healthcare was the most widely used area which took up about 62.7% of the global total in 2017.
USA is the largest countries of Microencapsulation Technology in the world in the past few years and it will keep increasing in the next few years. USA market took up about 31.4% the global market in 2017, while EU and China were about 30.5%, 11.5%.
BASF, 3M, Evonik, Balchem Corporation, Aveka, GAT Microencapsulation GmbH, DSM, Watson Inc, Vantage Specialty Chemicals, Encapsys, TasteTech, Microtek Laboratories, Reed Pacific, Capsulae, etc. are the key suppliers in the global Microencapsulation Technology market. Top 5 took up about half of the global market in 2017. BASF, 3M, Evonik, Balchem Corporation, Aveka etc. which have leading technology and market position, are well-known suppliers around the world.
The global Microencapsulation market was 1280 million US$ in 2018 and is expected to 2970 million US$ by the end of 2025, growing at a CAGR of 12.8% between 2019 and 2025.
This report studies the Microencapsulation market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Microencapsulation in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
BASF
3M
Evonik
Balchem Corporation
Aveka
GAT Microencapsulation GmbH
DSM
Watson Inc
Vantage Specialty Chemicals
Encapsys
TasteTech
Microtek Laboratories
Reed Pacific
Capsulae
By the product type, the market is primarily split into
Type I
Type II
By the end users/application, this report covers the following segments
Pharmaceutical & Healthcare
Food and Beverage
Home & Personal Care
Agrochemical
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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