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Microencapsulation Market Share

Report ID: GMI2107
Published Date: Jan 2019
Report Format: PDF

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Microencapsulation Market Share

Microencapsulation industry share is consolidated owing to the presence of few large-scale manufacturers. Prominent industry share contributors are

Dow Corning
BASF
Syngenta Crop Protection
Encapsys
3M
Evonik Industries
Bayer

Other important players in the market include

Balchem Corporation
Ronald T. Dodge Company
Aveka
Reed Pacific
Capsulae
Taste Tech
Lipo
Microtek Laboratories
GAT

The manufacturers are making significant investments in R&D and collaborating with other organizations to expand their product portfolio and attain competitive edge over their competitors globally. For instance, BASF announced in November 2016 that it will enter into a collaboration with University of California, Davis for the development of new microencapsulation technology. The university has developed a technology combining multiple energy-intensive processing steps into one industrially efficient and scalable spray-drying step.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The microencapsulation industry share will expand at a 9% CAGR through 2024 driven by the drastically changing eating habits and lifestyles of individuals towards healthier regimes.

Annual revenue from the mechanical technology segment is likely to account for around 60% of the overall microencapsulation industry in the coming years.

The overall market revenue from pharmaceutical & healthcare application will grow commendably with the rising popularity of microencapsulated medicines and dietary supplements.

North America microencapsulation market will witness significant expansion through 2024 due to the presence of robust pharmaceutical and healthcare sectors in the region.