A latest report was published by Axiom MRC (www.axiommrc.com) on Global Microencapsulation Market, By Application and By Geography, Industry Trends, Forecast and Analysis 2014 – 2020. The market size is expected to expand at a CAGR of 8.6 % over the period from 2015 to 2020.
North America is the largest microencapsulation market, while Europe is the second largest market of microencapsulation globally. The industry is expected to become highly competitive with entry of new market players, however this is likely to increase the applications of microencapsulation across different industry verticals.
To download the report brochure: http://goo.gl/XLO9WB
Global microencapsulation market is segmented by applications such as Pharmaceuticals, Household Products, Agrochemicals, Food & Feed Additives and Others (Includes PCM etc. etc.) further the market is segmented by Geography such as North America, Europe, Asia Pacific, Latin America and Rest of the World.
Axiom MRC followed a mature and proven research methodology to gather, analyze and estimate the market size, market drivers, market restraints and key industry trends across various geographies. In-depth primary interviews were conducted to validate and include various microencapsulation market factors, insights into the key industry trends, new technologies and future outlook of Microencapsulation market.
Growth of the microencapsulation market is mainly driven by the factors such as Rising demand for functional foods, Growing demand in the Pharmaceuticals, Detergents and Textile Industries and a wide range of applications. On the other hand, huge spend on R&D and it being an expensive technology are some of the major factors restraining the growth of this market.
Browse report details: http://goo.gl/PJquJC
The Microencapsulation market features leading players such as 3M , Aveka, Balchem Corporation, BASF, Capsulae, Celessence Technologies, Dow Corning Corp., Evonik Industries AG, Lipo Technologies, Microtek Laboratories, Reed Pacific and Ronald T Dodge Co, which have been profiled in the report. The report includes in depth analysis of the competitive landscape and also includes new product launches, mergers and acquisitions, joint ventures, agreements etc.
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