New York, 12, Sept 2016 – A latest report was added by Axiom Market Research & Consulting (www.axiommrc.com) on Global Microencapsulation Market. Axiom MRC estimated the global market size of microencapsulation market to be USD 9.1 billion in 2022. During the forecast period of 2017 to 2022 the global market is anticipated to grow at a compound annual growth rate of 7.9 %.
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The global microencapsulation market report is segmented by Applications such as Pharmaceuticals, Household Products, Agrochemicals, Food & Feed Additives and Others (Includes PCM etc.). The market is studied for the Geographies such as North America, Europe, Asia Pacific, Latin America and Rest of the World.
The industry is highly competitive with the entry of new market players and technologies which are likely to increase the applications of microencapsulation across different industry verticals. Presently, the microencapsulation market features leading players such as 3M Company, Aveka, Balchem Corporation, BASF, Capsulae, Celessence Technologies Limited, Dow Corning Corporation, Evonik Industries AG, Lipo Technologies, Microtek Laboratories, Reed Pacific and Ronald T Dodge Co. North America is the largest microencapsulation market with the largest market share of 34 % in 2016.
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The report includes in-depth analysis of market drivers, restraints, market trends and competitive landscape across various geographies. The competitive landscape section includes all market deals of last 2 years of microencapsulation market. It includes new product launches, mergers and acquisitions, joint ventures, agreements etc.
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