Market Introduction:

Microcapsules are a biochemical formulations enclosing a mono or multinuclear core with a coating material. It is a drug delivery system for sustaining the drug release to a specific target and decreasing the toxicity of the drug. The microcapsules are generally designed to be used at an input of 0.5-5%

The global microcapsules market is persistently leveraging new technologies to create naive microcapsule application. The microcapsules are used to enclose ingredients such as drug, pigments, agrochemicals, pharmaceuticals, detergents, functional food, industrial chemicals and others. However, the global microcapsules market is a high potential market since the free microcapsules can be tailored to perform in the most sensitive to the most demanding of the applications. The pharmaceutical application of microcapsule is expected to have the largest market share in terms of CAGR. The developing countries are not expected to be far behind in terms of showcasing the growth in the global microcapsule market.

Global Microcapsules market: Segmentation

Global microcapsules market can be segmented on the basis of application, encapsulated material, shell material, technology used and region.

On the basis of application, global microcapsules market can be segmented into Food & Beverages, Pharmaceuticals, Neutraceuticals, Flavors & Fragrances, Cosmetics, Textiles, Homecare, Paints and coatings and others.

On the basis of encapsulated material, global microcapsules market can be segmented into Mononuclear, Polynuclear, Matrix type and others.

Global microcapsules market can be further segmented on the basis of shell material into Natural and Synthetic where the natural segmented can be further sub segmented into proteins, carbohydrates and waxes.

On the basis of technology, Global microcapsules market can be segmented into Physical, chemical and Physicochemical.

On the basis of region, Global microcapsules market can be segmented into seven key regions: North America, Latin America, West Europe, East Europe, Middle East and Africa, Japan and Asia Pacific excluding Japan.

Global Microcapsules market: Drivers, Restraints, and Trends

The widespread uses of microcapsules in various industries in order to increase their product functionality is driving the growth of the global microcapsule market. The market players are responding to these new opportunities and continuously increasing their global presence and services is another factor which is driving the market growth. Growing consumer end demand for a specific and targeting drug delivery system is also fueling the growth of the global microcapsules market. The investors backing the manufacturers of microcapsules are lending the companies with a high initial investment with the technologies which is also helping in market acceleration. Continuous and increase researches in this field has opened the gate  for new innovations which are attracting the end user of the product and escalating the growth of the global microcapsule market. The intervening ideology like the taste masking of a drug is the factor which has increased the younger consumers of the microcapsule.

High processing cost of a microcapsule and low switching cost between the technologies are expected to hamper the growth of the global microcapsule market within the forecasted period. Minimal opportunities for new market players in terms of the investment is also believed to be a factor for suppressing the global microcapsules market.

Global Microcapsules market: Regional Outlook

The Pharmaceutical is expected to have the largest market share in terms of revenue in the global microcapsule market. The active ingredient controlled release is expected to be a driver for this growth. Textiles is a also expected to be a  prominent growth application in the emerging and developing markets like India, China, Brazil which are expected to grow rapidly over the forecasted period.

Asia Pacific is expected to be the largest contributor in terms of revenue in the global microcapsule market. China is considered to be the major market in this region.

Latin America is also expected not be much lagged behind that APAC in terms of revenue and is expected to be the second largest market for the global microcapsule market over the forecasted period.

Europe is also expected to be depict a good growth in the market where Germany is expected to be the largest contributor in the global microcapsule market.

Global Microcapsules market: Key Players

Some of the prominent players of global microcapsules market are: RonaldT. Dodge Company, Gem’innov, Kohler Paper Group, Encapsys, Lubrizol Corporation, Tagra Biotechnologues Ltd, Solabia Group, Reed Pacific Specialty Chemicals, Vobis,LLC and others

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and regions.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
  • Must-have information for market players to sustain and enhance their market footprint

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market       

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Microcapsules Market

Pre Book