Europe Microencapsulation Market Size & Outlook, 2023-2030
Europe microencapsulation market, 2018-2030 (US$M)
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Europe microencapsulation market highlights
- The Europe microencapsulation market generated a revenue of USD 4,016.8 million in 2023.
- The market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, pharmaceutical & healthcare products was the largest revenue generating application in 2023.
- Home & Personal Care is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 4,016.8 million |
| Market revenue in 2030 | USD 7,822.4 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceutical & healthcare products |
| Fastest growing segment | Home & Personal Care |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceutical & Healthcare products, Home & Personal Care, Food & Beverages, Agrochemicals, Construction, Textile |
| Key market players worldwide | Basf SE, Evonik Industries AG, Bayer AG, Dow Inc, 3M Co, Balchem Corp, Encapsys, GAT Microencapsulation, Ronald T. Dodge, Innovent Biologics Inc, Natural Capsules, Reed Pacific Media, LycoRed, AVEKA, Microtek Laboratories, TasteTech |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.8% of the global microencapsulation market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,857.1 million by 2030.
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Microencapsulation Market Scope
Microencapsulation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe microencapsulation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microencapsulation market will help companies and investors design strategic landscapes.
Pharmaceutical & healthcare products was the largest segment with a revenue share of 65.5% in 2023. Horizon Databook has segmented the Europe microencapsulation market based on pharmaceutical & healthcare products, home & personal care, food & beverages, agrochemicals, construction, textile covering the revenue growth of each sub-segment from 2018 to 2030.
Europe accounted for the second largest market for microencapsulation technologies with the Germany spearheading the demand for technique. The penetration of microencapsulation in Germany is high on account of developed pharmaceutical industry in the country with the sales revenue of USD 45,828 million in 2016.
Increasing commercial applications of microencapsulation in textile industry particularly in Western Europe owing to the new properties and added value, including fragrance release fabric, climate controlled materials, cosmetics, therapeutic and medical textiles have major impact on driving the market growth over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe microencapsulation market , including forecasts for subscribers. This continent databook contains high-level insights into Europe microencapsulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe microencapsulation market size, by country, 2018-2030 (US$M)
Europe Microencapsulation Market Outlook Share, 2023 & 2030 (US$M)
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