Microencapsulation Market in Asia Pacific to Grow at 10.5% Cagr Through 2020 Owing to Surging Demand from End-Use Industries

Transparency Market

Research

Microencapsulation Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2014 - 2020

Published Date

18-08-2014

82 Page Report

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Press Release

Global Microencapsulation Market to Exhibit 9.70% CAGR from

2014 to 2020, Propelled by Demand in Pharmaceuticals, Dietary

Supplements

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Microencapsulation Market

REPORT DESCRIPTION

Leading market analysis firm Transparency Market Research has announced the release of a new research

report. The report, which studies the global microencapsulation market to present analysis of its current

and past figures, states that the global microencapsulation market is expected to grow almost twofold from

a valuation of US$4.7 bn in 2013 to US$9.1 bn in 2020. This represents a CAGR of 9.70% from 2014 to

2020. The report is titled ‘Microencapsulation Market - Global Industry Analysis, Size, Share, Growth, Trends

and Forecast, 2014 - 2020’.

Microencapsulation is a technology that allows packaging chemically active ingredients in protective shells.

These shells facilitate slow and sustained release of the ingredients. The ingredients may be of several

types, depending upon the end-use industry. In pharmaceutical products, microencapsulation is used to

enclose the active pharmaceutical ingredient. This facilitates sustained release of the API, boosting its

effectiveness.

Pharmaceuticals dominate demand for microencapsulation, accounting for 65% of the global market in

2013. Other than the pharmaceuticals industry, household products, food additives, commodity and

special industrial chemicals, and agrochemicals were the major application segments of the global

microencapsulation market in 2013. In the forecast period, household products are...