Table of Content

1    INTRODUCTION    35
1.1    OBJECTIVES OF THE STUDY    35
1.2    MARKET DEFINITION    35
1.3    MARKET SCOPE    36
FIGURE 1    MICROENCAPSULATION MARKET SEGMENTATION    36
FIGURE 2    GEOGRAPHIC SCOPE    37
1.3.1    PERIODIZATION CONSIDERED    37
1.4    CURRENCY CONSIDERED    38
TABLE 1    USD EXCHANGE RATES CONSIDERED, 2015–2017    38
1.5    STAKEHOLDERS    38
1.6    SUMMARY OF CHANGES    39
2    RESEARCH METHODOLOGY    40
2.1    RESEARCH DATA    40
FIGURE 3    MICROENCAPSULATION MARKET: RESEARCH DESIGN    40
2.1.1    SECONDARY DATA    41
2.1.1.1    Key data from secondary sources    41
2.1.2    PRIMARY DATA    41
2.1.2.1    Breakdown of primary interviews    42
FIGURE 4    BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION    42
2.2    MARKET SIZE ESTIMATION    42
FIGURE 5    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    43
FIGURE 6    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    44
2.3    MARKET BREAKDOWN AND DATA TRIANGULATION    45
FIGURE 7    MARKET BREAKDOWN AND DATA TRIANGULATION    45
2.4    RESEARCH ASSUMPTIONS & LIMITATIONS    46
2.4.1    ASSUMPTIONS    46
2.4.2    LIMITATIONS    47
3    EXECUTIVE SUMMARY    48
FIGURE 8    MICROENCAPSULATION MARKET SNAPSHOT, BY CORE MATERIAL,
2020 VS. 2025 (USD MILLION)    49
FIGURE 9    MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    50
FIGURE 10    MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020 VS. 2025 (USD BILLION)    51
FIGURE 11    MICROENCAPSULATION MARKET SHARE (VALUE), BY REGION, 2019    52

4    PREMIUM INSIGHTS    53
4.1    OPPORTUNITIES IN THE MICROENCAPSULATION MARKET    53
FIGURE 12    INCREASE IN DEMAND FOR FUNCTIONAL PRODUCTS TO DRIVE THE GROWTH OF THE MICROENCAPSULATION MARKET    53
4.2    MICROENCAPSULATION MARKET: KEY COUNTRIES    54
FIGURE 13    CHINA IS PROJECTED TO BE THE FASTEST-GROWING COUNTRY-LEVEL MARKET FOR MICROENCAPSULATION FROM 2020 TO 2025    54
4.3    MICROENCAPSULATION MARKET, BY APPLICATION AND REGION    55
FIGURE 14    NORTH AMERICA DOMINATED THE MICROENCAPSULATION MARKET IN 2019    55
4.4    MICROENCAPSULATION MARKET, BY CORE MATERIAL    56
FIGURE 15    PHARMACEUTICAL & HEALTHCARE DRUGS TO DOMINATED THE MARKET THROUGH 2025    56
4.5    MICROENCAPSULATION MARKET, BY TECHNOLOGY    56
FIGURE 16    SPRAY TECHNOLOGY TO DOMINATED THE MARKET THROUGH 2025    56
4.6    NORTH AMERICA: MICROENCAPSULATION MARKET, BY TECHNOLOGY, 2019    57
FIGURE 17    NORTH AMERICA: MICROENCAPSULATION MARKET, BY TECHNOLOGY, 2019    57
5    MARKET OVERVIEW    58
5.1    INTRODUCTION    58
TABLE 2    REASONS FOR MICROENCAPSULATION IN THE FOOD & PHARMACEUTICAL INDUSTRIES    58
5.2    FUTURE TRENDS    58
TABLE 3    TRENDS IN THE APPLICATION OF MICROCAPSULES IN VARIOUS INDUSTRIES    59
5.2.1    FOOD INDUSTRY    60
5.3    REGULATORY FRAMEWORK GOVERNING THE MICROENCAPSULATION MARKET    61
5.3.1    CODEX ALIMENTARIUS COMMISSION (CAC)    62
5.3.1.1    Joint Expert Committee Food and Agriculture (JECFA)    62
5.3.2    FDA    62
5.3.3    EUROPEAN COMMISSION    63
5.4    COUNTRY-WISE REGULATORY AUTHORITIES FOR MICROENCAPSULATION IN FOOD    63
5.4.1    NORTH AMERICA    63
5.4.1.1    US    63
5.4.1.2    Canada    64
5.4.2    EUROPE    64
5.4.3    ASIA PACIFIC    65
5.4.3.1    Japan    65
5.4.3.2    India    65
5.4.3.3    China    66
5.4.4    REST OF THE WORLD    66
5.4.4.1    Brazil    66
5.4.4.2    Australia & New Zealand    66

5.5    MARKET DYNAMICS    67
FIGURE 18    MARKET DYNAMICS: MICROENCAPSULATION MARKET    67
5.5.1    DRIVERS    67
5.5.1.1    Increase in demand for fortified food products with health benefits    67
FIGURE 19    INCREASE IN PER CAPITA HEALTHCARE EXPENDITURE IN MAJOR ECONOMIES, 2012–2015    68
5.5.1.1.1    Increase in demand from the food industry    68
5.5.1.1.1.1    Increase in demand for use in functional food    68
5.5.1.1.2    Rise in demand in the pharmaceutical industry    69
FIGURE 20    CHRONIC DISEASES WERE AMONG THE TOP 10 CAUSES OF THE DEATHS IN 2015    69
5.5.1.1.2.1    Controlled drug delivery    70
5.5.1.1.2.2    Targeted drug delivery    70
5.5.1.2    Rise in demand from the agrochemicals sector    70
5.5.1.2.1    Controlled release technique to enhance the efficiency of agrochemicals    70
5.5.1.2.2    Controlled release application for convenience in use    71
5.5.1.2.3    Reduced application cost    71
5.5.1.2.4    Increase in environmental concerns    71
5.5.1.3    Increased R&D activities for process efficiency to enhance market penetration    72
5.5.1.4    Increased consumer demand for functional products    72
5.5.1.5    Widespread applications of microencapsulation    73
TABLE 4    MAJOR APPLICATIONS OF MICROENCAPSULATION IN VARIOUS INDUSTRIES    73
5.5.1.5.1    Rise in demand to enhance product functionality    74
5.5.2    RESTRAINTS    75
5.5.2.1    High cost associated with the microencapsulated process    75
5.5.3    OPPORTUNITIES    75
5.5.3.1    Development of advanced technologies to tap niche markets    75
5.5.3.1.1    Reduction in capsule size and increase in bioavailability    76
TABLE 5    MICROENCAPSULATION METHODS, CORES, AND THE SIZE OF CAPSULES    76
5.5.3.1.2    Need for multi-component delivery systems    77
5.5.3.2    Emerging economies to provide high growth opportunities    77
5.5.3.2.1    Government support and rising economy in developing countries    77
5.5.4    CHALLENGES    78
5.5.4.1    Stability of microencapsulated ingredients in a varying atmosphere    78
5.5.4.2    Regulatory hindrance    78
TABLE 6    MAXIMUM PERMISSIBLE RESIDUE LEVEL OF FORMALDEHYDE IN TEXTILES & OTHER PRODUCTS    79
5.5.4.3    Technical constraints associated with high costs    79
5.5.4.4    Selection of technology    80
5.5.5    COVID-19 PANDEMIC IMPACT    81
FIGURE 21    CHART OF PRE- & POST-COVID SCENARIO IN THE MICROENCAPSULATION MARKET    81
5.6    VALUE CHAIN    82
5.6.1    INTRODUCTION    82
5.6.2    VALUE CHAIN ANALYSIS    82
FIGURE 22    MICROENCAPSULATION: DEVELOPMENT AND PRODUCTION ACCOUNTS FOR THE MAXIMUM CONTRIBUTION TO THE CUMULATIVE VALUE    83
6    MICROENCAPSULATION MARKET, BY CORE MATERIAL    84
6.1    INTRODUCTION    85
6.1.1    MICROENCAPSULATION PROCESS AND APPLICABLE CORE MATERIAL    85
FIGURE 23    MICROENCAPSULATION MARKET SIZE, BY CORE MATERIAL,
2020 VS. 2025 (USD MILLION)    86
TABLE 7    MICROENCAPSULATION MARKET SIZE, BY CORE MATERIAL,
2016–2019 (USD MILLION)    86
TABLE 8    MICROENCAPSULATION MARKET SIZE, BY CORE MATERIAL,
2020–2025 (USD MILLION)    87
6.2    AGRICULTURAL INPUTS    87
6.2.1    MICROENCAPSULATION OF AGRICULTURAL INPUTS MITIGATES THE ENVIRONMENTAL AND HEALTH RISKS    87
TABLE 9    MICROENCAPSULATION MARKET SIZE FOR AGRICULTURAL INPUTS,
BY REGION, 2016–2019 (USD MILLION)    87
TABLE 10    MICROENCAPSULATION MARKET SIZE FOR AGRICULTURAL INPUTS,
BY REGION, 2020–2025 (USD MILLION)    88
6.2.2    FOOD ADDITIVES    88
6.2.2.1    Acidulants, flavoring & coloring agents, and vitamins & minerals are largely encapsulated for food fortification    88
TABLE 11    MICROENCAPSULATION MARKET SIZE FOR FOOD ADDITIVES, BY REGION, 2016–2019 (USD MILLION)    89
TABLE 12    MICROENCAPSULATION MARKET SIZE FOR FOOD ADDITIVES, BY REGION, 2020–2025 (USD MILLION)    89
6.2.3    PHARMACEUTICAL & HEALTHCARE DRUGS    89
6.2.3.1    Growing demand for flavor and color masking in oral dosages to drive microencapsulation market    89
TABLE 13    POTENTIAL BENEFITS OF MICROENCAPSULATION OF NUTRACEUTICALS    90
TABLE 14    MICROENCAPSULATION MARKET SIZE FOR PHARMACEUTICAL & HEALTHCARE DRUGS, BY REGION, 2016–2019 (USD MILLION)    91
TABLE 15    MICROENCAPSULATION MARKET SIZE FOR PHARMACEUTICAL & HEALTHCARE DRUGS, BY REGION, 2020–2025 (USD MILLION)    91
6.2.4    FRAGRANCES TO BE THE LEADING CORE MATERIALS IN MICROENCAPSULATION MARKET    91
TABLE 16    MICROENCAPSULATION MARKET SIZE FOR FRAGRANCES, BY REGION, 2016–2019 (USD MILLION)    92
TABLE 17    MICROENCAPSULATION MARKET SIZE FOR FRAGRANCES, BY REGION, 2020–2025 (USD MILLION)    92
6.2.5    PHASE CHANGE MATERIALS    93
6.2.5.1    Textile and construction to drive the phase change material market    93
TABLE 18    MICROENCAPSULATION MARKET SIZE FOR PHASE CHANGE MATERIALS,
BY REGION, 2016–2019 (USD MILLION)    93
TABLE 19    MICROENCAPSULATION MARKET SIZE FOR PHASE CHANGE MATERIALS,
BY REGION, 2020–2025 (USD MILLION)    93
6.2.6    OTHERS    94
6.2.6.1    Inks and carbonless paper to drive the market in the paper industry    94
TABLE 20    MICROENCAPSULATION MARKET SIZE FOR OTHER CORE MATERIALS,
BY REGION, 2016–2019 (USD MILLION)    94
TABLE 21    MICROENCAPSULATION MARKET SIZE FOR OTHER CORE MATERIALS,
BY REGION, 2020–2025 (USD MILLION)    94
7    MICROENCAPSULATION MARKET, BY TECHNOLOGY    95
7.1    INTRODUCTION    96
7.1.1    TECHNOLOGIES FOR MICROENCAPSULATION    97
FIGURE 24    MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020 VS. 2025 (USD MILLION)    97
7.1.2    MICROENCAPSULATION TECHNIQUES WITH THEIR RELATIVE PARTICLE SIZE RANGES    98
TABLE 22    MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    98
TABLE 23    MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    99
7.2    SPRAY TECHNOLOGIES    99
7.2.1    DEMAND FOR FORTIFIED FOOD PRODUCTS IS PROJECTED TO DRIVE THE MARKET FOR SPRAY DRYING MICROENCAPSULATION    99
7.2.1.1    Spray chilling    99
7.2.1.1.1    Growing demand for microencapsulated food additives to drive the market demand    99
TABLE 24    SPRAY TECHNOLOGIES: MICROENCAPSULATION MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)    100
TABLE 25    SPRAY TECHNOLOGIES: MICROENCAPSULATION MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)    100
7.3    EMULSION TECHNOLOGIES    100
7.3.1    IN SITU POLYMERIZATION    101
7.3.1.1    The advancement of polymerization techniques in microencapsulated drugs, colors & fragrance applications    101
7.3.2    COACERVATION    101
7.3.2.1    Demand for essential oils, flavors, and fragrances is projected to drive the market for coacervation technologies    101
7.3.3    SOL-GEL ENCAPSULATION    101
7.3.3.1    The advancement of sole gel encapsulation techniques in microencapsulation of construction materials to drive the market demand    101
TABLE 26    EMULSION TECHNOLOGIES: MICROENCAPSULATION MARKET SIZE,
BY REGION, 2016–2019 (USD MILLION)    101
TABLE 27    EMULSION TECHNOLOGIES: MICROENCAPSULATION MARKET SIZE,
BY REGION, 2020–2025 (USD MILLION)    102

7.4    DRIPPING TECHNOLOGIES    102
7.4.1    SPINNING DISK/ROTATIONAL SUSPENSION SEPARATION    102
7.4.1.1    Atomization, high production, and scalability to drive the demand for spinning disk/rotating suspension separation technique    102
7.4.2    CENTRIFUGAL EXTRUSION    102
7.4.2.1    Growing demand for microencapsulated active ingredients in the pharmaceutical industry to drive the market growth    102
TABLE 28    DRIPPING TECHNOLOGIES: MICROENCAPSULATION MARKET SIZE,
BY REGION, 2016–2019 (USD MILLION)    103
TABLE 29    DRIPPING TECHNOLOGIES: MICROENCAPSULATION MARKET SIZE,
BY REGION, 2020–2025 (USD MILLION)    103
7.5    OTHER TECHNOLOGIES    103
7.5.1    THE NEED FOR FLAVOR MASKING AND NANOENCAPSULATION ARE TRENDING IN THE MARKET    103
TABLE 30    OTHER TECHNOLOGIES: MICROENCAPSULATION MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)    104
TABLE 31    OTHER TECHNOLOGIES: MICROENCAPSULATION MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)    104
8    MICROENCAPSULATION MARKET, BY SHELL MATERIAL    105
8.1    INTRODUCTION    106
TABLE 32    SHELL MATERIALS USED IN MICROENCAPSULATION    107
FIGURE 25    MICROENCAPSULATION MARKET SIZE, BY SHELL MATERIAL,
2018 VS. 2023 (USD MILLION)    107
TABLE 33    MICROENCAPSULATION SHELL MATERIAL MARKET SIZE,
BY SHELL MATERIAL, 2016–2019 (USD MILLION)    108
TABLE 34    MICROENCAPSULATION SHELL MATERIAL MARKET SIZE,
BY SHELL MATERIAL, 2020–202(USD MILLION)    108
8.2    POLYMERS    108
TABLE 35    BIODEGRADABLE AND NON-BIODEGRADABLE POLYMER SHELL MATERIALS IN MICROENCAPSULATION    109
8.2.1    POLYUREA & MELAMINE FORMALDEHYDE    109
8.2.1.1    Polyurea/urethane is the most versatile shell materials    109
8.3    GUMS & RESINS    109
8.3.1    THE DEMAND FOR FOOD INCLUSIONS DRIVES THE GUMS MARKET    109
8.4    LIPIDS    110
8.4.1    INCREASING APPLICATIONS IN EMULSION TECHNOLOGY DRIVES THE MARKET FOR LIPID SHELL MATERIAL    110
8.5    CARBOHYDRATES    110
8.5.1    CELLULOSE DERIVATIVES ARE THE LARGELY USED SHELL MATERIALS FOR FOOD, PHARMA, AND COSMETIC APPLICATIONS    111
8.5.2    CELLULOSE    111
8.5.2.1    Organic components are preferred in major applications    111
8.6    PROTEINS    111
8.6.1    GELATIN-BASED MICROCAPSULES TO DRIVE THE PROTEIN SHELL
MATERIAL MARKET    111
9    MICROENCAPSULATION MARKET, BY APPLICATION    112
9.1    INTRODUCTION    113
9.2    OPERATIONAL DRIVERS    113
9.2.1    GROWTH IN THE NUTRITIONAL SUPPLEMENTS SECTOR    113
9.2.2    DEMAND FOR IMPROVED SHELF LIFE OF END PRODUCTS TO DRIVE THE GROWTH OF THE MICROENCAPSULATION INDUSTRY    113
9.2.3    MICROENCAPSULATION METHODS AND APPLICATIONS    114
FIGURE 26    MICROENCAPSULATION MARKET SIZE, BY APPLICATIONS,
2020 VS. 2025 (USD MILLION)    115
TABLE 36    MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION)    115
TABLE 37    MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION)    116
9.3    PHARMACEUTICAL & HEALTHCARE PRODUCTS    116
9.3.1    INCREASING DEMAND FOR CONTROLLED DRUG DELIVERY SYSTEM TO DRIVE THE MICROENCAPSULATION MARKET    116
TABLE 38    MICROENCAPSULATED DRUGS AND BIOPHARMACEUTICS    116
TABLE 39    PHARMACEUTICAL & HEALTHCARE PRODUCTS: MICROENCAPSULATION MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)    119
TABLE 40    PHARMACEUTICAL & HEALTHCARE PRODUCTS: MICROENCAPSULATION MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)    120
9.4    FOOD & BEVERAGES    120
9.4.1    INCREASING DEMAND FOR FORTIFIED FOOD AND BEVERAGES TO DRIVE THE MICROENCAPSULATION MARKET    120
9.4.2    APPLICATIONS OF MICROENCAPSULATION OF PROBIOTIC BACTERIA    121
9.4.3    METHODS FOR ENCAPSULATING FOOD INGREDIENTS    121
TABLE 41    FOOD & BEVERAGES: MICROENCAPSULATION MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)    122
TABLE 42    FOOD & BEVERAGES: MICROENCAPSULATION MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)    122
9.5    HOUSEHOLD & PERSONAL CARE PRODUCTS    123
9.5.1    DEMAND FOR FRAGRANCES AND ESSENTIAL OILS DRIVES THE MARKET IN HOUSEHOLD & PERSONAL CARE    123
TABLE 43    HOUSEHOLD & PERSONAL CARE PRODUCTS: MICROENCAPSULATION MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)    123
TABLE 44    HOUSEHOLD & PERSONAL CARE PRODUCTS: MICROENCAPSULATION MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)    123
9.6    AGROCHEMICALS    124
9.6.1    CONTROLLED RELEASE TECHNIQUE OF MICROENCAPSULATION TO ENHANCE THE EFFICIENCY OF AGRICULTURAL OPERATIONS    124
TABLE 45    AGROCHEMICALS: MICROENCAPSULATION MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)    124
TABLE 46    AGROCHEMICALS: MICROENCAPSULATION MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)    125
9.7    CONSTRUCTION MATERIALS    125
9.7.1    DUAL CHANGE TEMPERATURE CONTROL AND ENERGY SAVING TO DRIVE THE MICROENCAPSULATED PCM MARKET IN CONSTRUCTION    125
TABLE 47    APPLICATIONS OF MICROCAPSULES IN CONSTRUCTION MATERIALS    126
TABLE 48    CONSTRUCTION MATERIALS: MICROENCAPSULATION MARKET SIZE,
BY REGION, 2016–2019 (USD MILLION)    126
TABLE 49    CONSTRUCTION MATERIALS: MICROENCAPSULATION MARKET SIZE,
BY REGION, 2020–2025 (USD MILLION)    127
9.8    TEXTILES    127
9.8.1    HEAT STORAGE CAPACITY OF PCM TO ENHANCE THE MICROENCAPSULATION MARKET IN TEXTILES    127
TABLE 50    TEXTILES: MICROENCAPSULATION MARKET SIZE, BY REGION,
2016–2019 (USD MILLION)    127
TABLE 51    TEXTILES: MICROENCAPSULATION MARKET SIZE, BY REGION,
2020–2025 (USD MILLION)    128
9.9    OTHERS    128
TABLE 52    OTHERS: MICROENCAPSULATION MARKET SIZE, BY REGION,
2016–2019 (USD MILLION)    129
TABLE 53    OTHERS: MICROENCAPSULATION MARKET SIZE, BY REGION,
2020–2025 (USD MILLION)    129
9.10    IMPACT OF COVID-19 ON MICROENCAPSULATION APPLICATION    129
9.10.1    HIGHLY IMPACTED MICROENCAPSULATION INDUSTRIES–FOOD & BEVERAGES    129
9.10.2    LEAST IMPACTED MICROENCAPSULATION INDUSTRIES–PHARMACEUTICAL & HEALTHCARE    130
10    MICROENCAPSULATION MARKET, BY REGION    131
10.1    INTRODUCTION    132
FIGURE 27    US ACCOUNTED FOR THE LARGEST SHARE IN THE MICROENCAPSULATION MARKET IN 2019    132
TABLE 54    MICROENCAPSULATION MARKET SIZE, BY REGION,
2016–2019 (USD MILLION)    133
TABLE 55    MICROENCAPSULATION MARKET SIZE, BY REGION,
2020–2025 (USD MILLION)    133
10.2    REGIONAL OPERATIONAL DRIVERS    133
10.2.1    RISING ADOPTION OF TECHNOLOGY    133
10.2.2    RISING DEMAND FOR SPECIALTY DETERGENTS & CLEANING AGENTS    133
10.2.3    IMPACT OF COVID-19 MICROENCAPSULATION MARKET ACROSS REGIONS    134
10.2.3.1    HIGH IMPACT REGIONS — ASIA PACIFIC & EUROPE    134
10.3    NORTH AMERICA    134
FIGURE 28    NORTH AMERICA: MICROENCAPSULATION MARKET SNAPSHOT    135
TABLE 56    NORTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY COUNTRY, 2016–2019 (USD MILLION)    136
TABLE 57    NORTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY COUNTRY, 2020–2025 (USD MILLION)    136
TABLE 58    NORTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)    136
TABLE 59    NORTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)    137
TABLE 60    NORTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)    137
TABLE 61    NORTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)    138
TABLE 62    NORTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY CORE MATERIAL, 2016–2019 (USD MILLION)    138
TABLE 63    NORTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY CORE MATERIAL, 2020–2025 (USD MILLION)    139
10.3.1    US    139
10.3.1.1    Innovations and collaborations with R&D firms to upsurge the microencapsulation market in the US    139
TABLE 64    MAXIMUM INTENDED USE LEVELS OF FREE AND MICROENCAPSULATED FISH OIL PRODUCTS*    140
TABLE 65    US: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION)    141
TABLE 66    US: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION)    142
TABLE 67    US: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    142
TABLE 68    US: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    142
10.3.2    CANADA    143
10.3.2.1    Substantial growth in the food, drugs, and consumer goods industries drives the microencapsulation market in Canada    143
TABLE 69    CANADA: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION)    143
TABLE 70    CANADA: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION)    144
TABLE 71    CANADA: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    144
TABLE 72    CANADA: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    145
10.3.3    MEXICO    145
10.3.3.1    Food and agrochemical applications to grow at high rates in the next five years    145
TABLE 73    MEXICO: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION)    145
TABLE 74    MEXICO: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION)    146
TABLE 75    MEXICO: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    146
TABLE 76    MEXICO: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    147
10.4    EUROPE    147
TABLE 77    EUROPE: MICROENCAPSULATION MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION)    148
TABLE 78    EUROPE: MICROENCAPSULATION MARKET SIZE, BY COUNTRY,
2020–2025 (USD MILLION)    148
TABLE 79    EUROPE: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION)    149
TABLE 80    EUROPE: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION)    149
TABLE 81    EUROPE: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    150
TABLE 82    EUROPE: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    150
TABLE 83    EUROPE: MICROENCAPSULATION MARKET SIZE, BY CORE MATERIAL,
2016–2019 (USD MILLION)    150
TABLE 84    EUROPE: MICROENCAPSULATION MARKET SIZE, BY CORE MATERIAL,
2020–2025 (USD MILLION)    151
10.4.1    GERMANY    151
10.4.1.1    Concentration of key players has fueled the market for microencapsulation in the country    151
TABLE 85    GERMANY: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION)    152
TABLE 86    GERMANY: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION)    152
TABLE 87    GERMANY: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    153
TABLE 88    GERMANY: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    153
10.4.2    UK    153
10.4.2.1    Application of PCM and fragrances in the textile industry has been growing in the UK    154
TABLE 89    UK: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION)    154
TABLE 90    UK: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION)    154
TABLE 91    UK: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    155
TABLE 92    UK: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    155
10.4.3    FRANCE    155
10.4.3.1    Nutraceutical application to be the fastest-growing market for microencapsulation in France    155
TABLE 93    FRANCE: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION)    156
TABLE 94    FRANCE: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION)    156
TABLE 95    FRANCE: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    157
TABLE 96    FRANCE: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    157
10.4.4    REST OF EUROPE    157
10.4.4.1    Demand for dietary supplements and healthcare products to drive the microencapsulation market in Rest of Europe    158
TABLE 97    REST OF EUROPE: MICROENCAPSULATION MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)    158
TABLE 98    REST OF EUROPE: MICROENCAPSULATION MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)    159
TABLE 99    REST OF EUROPE: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)    159
TABLE 100    REST OF EUROPE: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)    160
10.5    ASIA PACIFIC    160
FIGURE 29    ASIA PACIFIC: MICROENCAPSULATION MARKET SNAPSHOT    161
TABLE 101    ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION)    162
TABLE 102    ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE, BY COUNTRY,
2020–2025 (USD MILLION)    162
TABLE 103    ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)    162
TABLE 104    ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)    163
TABLE 105    ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)    163
TABLE 106    ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)    164
TABLE 107    ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE, BY CORE MATERIAL, 2016–2019 (USD MILLION)    164
TABLE 108    ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE, BY CORE MATERIAL, 2020–2025 (USD MILLION)    165
10.5.1    CHINA    165
10.5.1.1    Growing demand for agrochemicals and textiles to drive the market for microencapsulation in china    165
TABLE 109    CHINA: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION)    166
TABLE 110    CHINA: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION)    166
TABLE 111    CHINA: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    167
TABLE 112    CHINA: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    167
10.5.2    JAPAN    167
10.5.2.1    Growing functional food industry to drive the microencapsulation market    167
TABLE 113    JAPAN: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION)    168
TABLE 114    JAPAN: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION)    168
TABLE 115    JAPAN: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    169
TABLE 116    JAPAN: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    169

10.5.3    REST OF ASIA PACIFIC    169
10.5.3.1    The southeast Asian markets are projected to grow at a high rate in the next five years    169
TABLE 117    REST OF ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE,
BY APPLICATION, 2016–2019 (USD MILLION)    170
TABLE 118    REST OF ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE,
BY APPLICATION, 2020–2025 (USD MILLION)    170
TABLE 119    REST OF ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE,
BY TECHNOLOGY, 2016–2019 (USD MILLION)    171
TABLE 120    REST OF ASIA PACIFIC: MICROENCAPSULATION MARKET SIZE,
BY TECHNOLOGY, 2020–2025 (USD MILLION)    171
10.6    REST OF THE WORLD (ROW)    171
TABLE 121    ROW: MICROENCAPSULATION MARKET SIZE, BY REGION,
2016–2019 (USD MILLION)    172
TABLE 122    ROW: MICROENCAPSULATION MARKET SIZE, BY REGION,
2020–2025 (USD MILLION)    172
TABLE 123    ROW: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION)    173
TABLE 124    ROW: MICROENCAPSULATION MARKET SIZE, BY APPLICATION,
2020–2025 (USD MILLION)    173
TABLE 125    ROW: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2016–2019 (USD MILLION)    174
TABLE 126    ROW: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY,
2020–2025 (USD MILLION)    174
TABLE 127    ROW: MICROENCAPSULATION MARKET SIZE, BY CORE MATERIAL,
2016–2019 (USD MILLION)    174
TABLE 128    ROW: MICROENCAPSULATION MARKET SIZE, BY CORE MATERIAL,
2020–2025 (USD MILLION)    175
10.6.1    SOUTH AMERICA    175
10.6.1.1    Consistent economic growth and development in the food & agro-industry is stimulating the demand for microencapsulation    175
TABLE 129    SOUTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)    176
TABLE 130    SOUTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)    176
TABLE 131    SOUTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)    177
TABLE 132    SOUTH AMERICA: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)    177
10.6.2    OTHERS IN ROW    177
10.6.2.1    Favorable government policies in the Middle East & Africa are boosting the demand    177
TABLE 133    OTHERS IN ROW: MICROENCAPSULATION MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION)    178
TABLE 134    OTHERS IN ROW: MICROENCAPSULATION MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)    178
TABLE 135    OTHERS IN ROW: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY, 2016–2019 (USD MILLION)    179
TABLE 136    OTHERS IN ROW: MICROENCAPSULATION MARKET SIZE, BY TECHNOLOGY, 2020–2025 (USD MILLION)    179
11    COMPETITIVE LANDSCAPE    180
11.1    OVERVIEW    180
11.2    COMPANIES MARKET SHARE ANALYSIS    181
FIGURE 30    MICROENCAPSULATION: COMPANY RANKINGS & MARKET SHARE ANALYSIS, 2019    181
11.3    MARKET EVALUATION FRAMEWORK    181
FIGURE 31    MARKET EVALUATION FRAMEWORK, 2017–2020    181
11.4    REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS    182
FIGURE 32    REVENUE ANALYSIS OF TOP FOUR MARKET PLAYERS, 2015–2019    182
11.5    COMPANY EVALUATION MATRIX: DEFINITIONS & METHODOLOGY    182
11.5.1    STAR    182
11.5.2    EMERGING LEADERS    182
11.5.3    PERVASIVE    182
11.5.4    EMERGING COMPANIES    183
FIGURE 33    GLOBAL MICROENCAPSULATION MARKET COMPANY EVALUATION MATRIX, 2019 (OVERALL MARKET)    183
FIGURE 34    KEY DEVELOPMENTS OF THE LEADING PLAYERS IN THE MICROENCAPSULATION MARKET, 2017–2020    184
11.6    COMPETITIVE LEADERSHIP MAPPING (START-UP/SME)    185
11.6.1    PROGRESSIVE COMPANIES    185
11.6.2    STARTING BLOCKS    185
11.6.3    RESPONSIVE COMPANIES    185
11.6.4    DYNAMIC COMPANIES    185
FIGURE 35    MICROENCAPSULATION MARKET COMPETITIVE LEADERSHIP MAPPING FOR START-UPS/SMES, 2019    186
11.7    COMPETITIVE SCENARIO    187
11.7.1    PRODUCT LAUNCHES    187
TABLE 137    NEW SERVICE, TECHNOLOGY, AND PRODUCT LAUNCHES, 2016-2018    187
11.7.2    EXPANSIONS & INVESTMENTS    188
TABLE 138    EXPANSIONS & INVESTMENTS, 2018-2019    188
11.7.3    ACQUISITIONS    189
TABLE 139    ACQUISITIONS, 2018 - 2019    189
11.7.4    AGREEMENTS, COLLABORATIONS, PARTNERSHIPS, AND JOINT VENTURES    190
TABLE 140    AGREEMENTS, COLLABORATIONS, PARTNERSHIPS, AND JOINT VENTURES, 2017 - 2019    190
11.8    COVID-19 SPECIFIC COMPANY RESPONSE    190

12    COMPANY PROFILES    191
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
12.1    BASF    191
FIGURE 36    BASF: COMPANY SNAPSHOT    191
FIGURE 37    BASF: SWOT ANALYSIS    194
12.2    ROYAL FRIESLANDCAMPINA    195
FIGURE 38    ROYAL FRIESLANDCAMPINA: COMPANY SNAPSHOT    195
FIGURE 39    ROYAL FRIESLANDCAMPINA: SWOT ANALYSIS    197
12.3    KONINKLIJKE DSM    198
FIGURE 40    KONINKLIJKE DSM: COMPANY SNAPSHOT    198
FIGURE 41    KONINKLIJKE DSM: SWOT ANALYSIS    200
12.4    GIVAUDAN    201
FIGURE 42    GIVAUDAN: COMPANY SNAPSHOT    201
FIGURE 43    GIVAUDAN: SWOT ANALYSIS    203
12.5    INTERNATIONAL FLAVORS & FRAGRANCES    205
FIGURE 44    INTERNATIONAL FLAVORS & FRAGRANCES: COMPANY SNAPSHOT    205
FIGURE 45    SWOT ANALYSIS    207
12.6    SENSIENT TECHNOLOGIES    208
FIGURE 46    SENSIENT TECHNOLOGIES: COMPANY SNAPSHOT    208
12.7    BALCHEM CORPORATION    210
FIGURE 47    BALCHEM CORPORATION: COMPANY SNAPSHOT    210
12.8    INGREDION INCORPORATED    213
FIGURE 48    INGREDION INCORPORATED: COMPANY SNAPSHOT    213
12.9    KERRY    215
FIGURE 49    KERRY GROUP: COMPANY SNAPSHOT    215
12.10    CARGILL    217
FIGURE 50    CARGILL: COMPANY SNAPSHOT    217
12.11    DUPONT    219
FIGURE 51    DUPONT: COMPANY SNAPSHOT    219
12.12    SYNGENTA CROP PROTECTION    221
FIGURE 52    SYNGENTA CROP PROTECTION: COMPANY SNAPSHOT    221
12.13    SYMRISE    223
FIGURE 53    SYMRISE: COMPANY SNAPSHOT    223
12.14    FIRMENICH INCORPORATED    225
FIGURE 54    FIRMENICH INCORPORATED: COMPANY SNAPSHOT    225
12.15    LYCORED CORP.    227
12.16    KOEHLER INNOVATIVE SOLUTIONS    230
12.17    AVEKA GROUP    231
12.18    TASTETECH ENCAPSULATION SOLUTIONS    232
12.19    ENCAPSYS    233
12.20    ARCADE BEAUTY    234
12.21    ADVANCED BIONUTRITION CORP    235
12.22    SPHERA ENCAPSULATION    236
12.23    CLEXTRAL    237
12.24    MICROTEK    238
12.25    VITASQUARE    239
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
13    ADJACENT & RELATED MARKETS    240
13.1    INTRODUCTION    240
13.2    LIMITATIONS    240
13.3    FOOD ENCAPSULATION MARKET    240
13.3.1    MARKET DEFINITION    240
13.3.2    MARKET OVERVIEW    241
13.4    FOOD ENCAPSULATION MARKET, BY CORE PHASE    241
13.4.1    INTRODUCTION    241
TABLE 141    FOOD ENCAPSULATION MARKET SIZE, BY CORE PHASE,
2018–2025 (USD MILLION)    242
13.5    FOOD ENCAPSULATION MARKET, BY REGION    242
13.5.1    NORTH AMERICA    242
TABLE 142    NORTH AMERICA: FOOD ENCAPSULATION MARKET SIZE, BY CORE PHASE, 2018–2025 (USD MILLION)    243
TABLE 143    NORTH AMERICA: FOOD ENCAPSULATION MARKET SIZE, BY SHELL MATERIAL, 2018–2025 (USD MILLION)    244
TABLE 144    NORTH AMERICA: FOOD ENCAPSULATION MARKET SIZE, BY METHOD,
2018–2025 (USD MILLION)    244
TABLE 145    NORTH AMERICA: FOOD ENCAPSULATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)    245
TABLE 146    NORTH AMERICA: FOOD ENCAPSULATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)    245
13.5.2    EUROPE    246
TABLE 147    EUROPE FOOD ENCAPSULATION MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION)    246
TABLE 148    EUROPE: FOOD ENCAPSULATION MARKET SIZE, BY CORE PHASE,
2018–2025 (USD MILLION))    247
TABLE 149    EUROPE: FOOD ENCAPSULATION MARKET SIZE, BY SHELL MATERIAL,
2018–2025 (USD MILLION)    247
TABLE 150    EUROPE: FOOD ENCAPSULATION MARKET SIZE, BY METHOD,
2018–2025 (USD MILLION)    248
TABLE 151    EUROPE: FOOD ENCAPSULATION MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION)    248
13.5.3    ASIA PACIFIC    249
TABLE 152    ASIA PACIFIC: FOOD ENCAPSULATION MARKET SIZE, BY CORE PHASE,
2018–2025 (USD MILLION))    249
TABLE 153    ASIA PACIFIC: FOOD ENCAPSULATION MARKET SIZE, BY SHELL MATERIAL, 2018–2025 (USD MILLION)    250
TABLE 154    ASIA PACIFIC: FOOD ENCAPSULATION MARKET SIZE, BY METHOD,
2018–2025 (USD MILLION)    250
TABLE 155    ASIA PACIFIC: FOOD ENCAPSULATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)    251
TABLE 156    ASIA PACIFIC: FOOD ENCAPSULATION MARKET SIZE, BY COUNTRY/REGION, 2018–2025 (USD MILLION)    251
13.5.4    SOUTH AMERICA    252
TABLE 157    SOUTH AMERICA: FOOD ENCAPSULATION MARKET SIZE, BY CORE PHASE, 2018–2025 (USD MILLION)    252
TABLE 158    SOUTH AMERICA: FOOD ENCAPSULATION MARKET SIZE, BY SHELL MATERIAL, 2018–2025 (USD MILLION)    253
TABLE 159    SOUTH AMERICA: FOOD ENCAPSULATION MARKET SIZE, BY METHOD,
2018–2025 (USD MILLION)    253
TABLE 160    SOUTH AMERICA: FOOD ENCAPSULATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)    254
TABLE 161    SOUTH AMERICA: FOOD ENCAPSULATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)    254
13.5.5    REST OF THE WORLD (ROW)    255
TABLE 162    ROW: FOOD ENCAPSULATION MARKET SIZE, BY CORE PHASE,
2018–2025 (USD MILLION)    255
TABLE 163    ROW: FOOD ENCAPSULATION MARKET SIZE, BY SHELL MATERIAL,
2018–2025 (USD MILLION)    256
TABLE 164    ROW: FOOD ENCAPSULATION MARKET SIZE, BY METHOD,
2018–2025 (USD MILLION)    256
TABLE 165    ROW: FOOD ENCAPSULATION MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION)    257
TABLE 166    ROW: FOOD ENCAPSULATION MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION)    257
13.6    MICROCAPSULE MARKET    258
13.6.1    LIMITATIONS    258
13.6.2    MARKET DEFINITION    258
13.6.3    MARKET OVERVIEW    258
13.6.4    MICROCAPSULES MARKET SIZE, BY TECHNOLOGY    259
TABLE 167    MICROCAPSULE MARKET SIZE, BY TECHNOLOGY,
2018–2025 (USD MILLION)    260
13.6.5    MICROCAPSULE MARKET, BY REGION    260
TABLE 168    MICROCAPSULE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)    260
13.6.5.1    NORTH AMERICA    261
TABLE 169    NORTH AMERICA: FOOD ENCAPSULATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)    261
13.6.5.2    Europe    261
TABLE 170    EUROPE: MICROCAPSULE MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION)    262
TABLE 171    EUROPE: MICROCAPSULE MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION)    262
TABLE 172    EUROPE: MICROCAPSULE MARKET SIZE, BY TECHNOLOGY,
2018–2025 (USD MILLION)    263
TABLE 173    EUROPE: MICROCAPSULE MARKET SIZE, BY CORE MATERIAL,
2018–2025 (USD MILLION)    263
TABLE 174    EUROPE: MICROCAPSULE MARKET SIZE, BY SHELL MATERIAL,
2018–2025 (USD MILLION)    263
TABLE 175    EUROPE: MICROCAPSULE MARKET SIZE, BY NON-MELAMINE SHELL MATERIAL, 2018–2025 (USD MILLION)    264
13.6.5.3    Asia Pacific    264
TABLE 176    ASIA PACIFIC: MICROCAPSULE MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION)    265
TABLE 177    ASIA PACIFIC: MICROCAPSULE MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)    265
TABLE 178    ASIA PACIFIC: MICROCAPSULE MARKET SIZE, BY TECHNOLOGY,
2018–2025 (USD MILLION)    265
TABLE 179    ASIA PACIFIC: MICROCAPSULE MARKET SIZE, BY CORE MATERIAL,
2018–2025 (USD MILLION)    266
TABLE 180    ASIA PACIFIC: MICROCAPSULE MARKET SIZE, BY SHELL MATERIAL,
2018–2025 (USD MILLION)    266
TABLE 181    ASIA PACIFIC: MICROCAPSULE MARKET SIZE, BY NON-MELAMINE SHELL MATERIAL, 2018–2025 (USD MILLION)    266
13.6.5.4    South America    267
TABLE 182    SOUTH AMERICA: MICROCAPSULE MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION)    267
TABLE 183    SOUTH AMERICA: MICROCAPSULE MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)    267
TABLE 184    SOUTH AMERICA: MICROCAPSULE MARKET SIZE, BY TECHNOLOGY,
2018–2025 (USD MILLION)    268
TABLE 185    SOUTH AMERICA: MICROCAPSULE MARKET SIZE, BY CORE MATERIAL,
2018–2025 (USD MILLION)    268
TABLE 186    SOUTH AMERICA: MICROCAPSULE MARKET SIZE, BY SHELL MATERIAL, 2018–2025 (USD MILLION)    268
TABLE 187    SOUTH AMERICA: MICROCAPSULE MARKET SIZE, BY NON-MELAMINE SHELL MATERIAL, 2018–2025 (USD MILLION)    269
13.6.5.5    Middle East & Africa    269
TABLE 188    MIDDLE EAST & AFRICA: MICROCAPSULE MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)    269
TABLE 189    MIDDLE EAST & AFRICA: MICROCAPSULE MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)    270
TABLE 190    MIDDLE EAST & AFRICA: MICROCAPSULE MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION)    270
TABLE 191    MIDDLE EAST & AFRICA: MICROCAPSULE MARKET SIZE, BY CORE MATERIAL, 2018–2025 (USD MILLION)    270
TABLE 192    MIDDLE EAST & AFRICA: MICROCAPSULE MARKET SIZE, BY SHELL MATERIAL, 2018–2025 (USD MILLION)    271
TABLE 193    MIDDLE EAST & AFRICA: MICROCAPSULE MARKET SIZE, BY NON-MELAMINE SHELL MATERIAL, 2018–2025 (USD MILLION)    271

14    APPENDIX    272
14.1    DISCUSSION GUIDE    272
14.2    KNOWLEDGE STORE    279
14.3    AVAILABLE CUSTOMIZATIONS    281
14.4    RELATED REPORTS    282
14.5    AUTHOR DETAILS    283