Increasing penetration of the technology in end-use industries is expected to drive microencapsulation market

Microencapsulation is a technology by which solid, gas and liquid particles are enclosed in microscopic particles. The technology is used for releasing active ingredients, preventing chemical odors and targeted drug delivery & release in pharmaceutical, food & beverage, paints & coatings, and agrochemical applications.

Microencapsulation enables the addition of health-promoting additives in food products without altering their functionality. In addition, it helps flavor masking and offers protection against nutritional loss of food ingredients, which is likely to drive demand over the next nine years.

The technology is used as a protective medium for active ingredients used in surfactants such as laundry detergents and cleaning products. The main motive of microencapsulation in aforementioned products is to store sensitive ingredients and enhance color and fragrances properties.

It plays an important role in enhancing the life of enzymes used in detergents. The performance of enzymes plays an important role in detergents for exhibiting cleaning function which is expected to increase the utility of the technology. Increasing population coupled, changing consumer lifestyle coupled with rising spending capacities across the various parts of the world are likely to propel household products demand, thus impacting the microencapsulation market on a positive note.

Gaining importance of organic synthesis in the pharmaceutical industry on account of providing high complex mixture as compared to the inorganic process is expected to increase the adoption of microencapsulation technology over the forecast period.

Awareness of substitute encapsulation technologies for pharmaceuticals is expected to affect market demand for the in the near future. Low switching cost between substitute technologies as compared to microencapsulation is expected to increase the threat of substitutes. However, development of microencapsulation technology for PCMs is expected to open new avenues for the industry growth over the next nine years.

Gelatin, polyvinyl alcohol, ethyl cellulose and polyvinyl chloride are the key raw materials used for encapsulating pharmaceutical products during the solvent extraction process. Availability of raw materials including PVA, sodium alginate and gelatin is expected to be a key concern for manufacturers. As a result, the companies with integration in raw material manufacturing are likely to witness significant growth over the forecast period.

North America and Europe together dominated the industry owing to the early adoption of the technology in end-use industries. The robust base of pharmaceuticals, food & beverage and detergent companies in the North America is expected to drive technology demand. In addition, European Commission passed Regulation EC 1333/2008, intended for food additives is expected to increase incorporation of microencapsulated materials in food & beverage industry. However, the market is expected to witness the fastest growth in the Asian countries including China and India on account rapid growth of application industries over the projected period.

  In-depth report on global microencapsulation market by Grand View Research:

http://www.grandviewresearch.com/industry-analysis/microencapsulation-market