Global Microencapsulation Market to Exhibit 9.70% CAGR from 2014 to 2020

Global Microencapsulation Market to Exhibit 9.70% CAGR from 2014 to 2020

  • Submitted By: amyjames
  • Date Submitted: 07/13/2016 11:51 PM
  • Category: Business
  • Words: 1408
  • Page: 6

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

Transparency Market Research
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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...

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