Global Markets Grow for Controlled Release Products

May 25, 2017

Wellesley, Mass., May 25, 2017 – New estimates by BCC Research find a growing global demand for controlled release items – from fertilizers to food items, medicines, cosmetics and emerging applications. Encapsulation technologies and new uses are increasing worldwide that could drive the industry markets to USD $1.6 billion in annual sales by 2021.

The industry is predicted to average more than 6% CAGR in some key markets, and to remain near 5 % or about $400 million in the United States, during the next five years, according to BCC Research's Controlled-release Technologies: Established and Emerging Markets.

Globally, the top five markets for these technologies have been the U.S., Switzerland, Australia, Norway and Germany -- higher-income nations where medicines, adhesives, convenience items and better-tasting food products were among the uses of controlled release products in 2013.

Research Highlights

• Food production using advanced fertilizers is the primary way these products are affecting the global economy. Only 51 of the 192 nations recognized by the United Nations account for 95% of global Gross Domestic Product.
• China’s growth and need for increased production will be a key industry driver.

"This is a field where new applications and the technologies to enable them are being devised very quickly,” says Kevin Fitzgerald, BCC Research editorial director. "Environmental pressures for zero-impact packaging certainly play a role for companies in higher-income regions and you can see it everywhere from single-use, premeasured consumer laundry detergent pouches to more complex infrastructure products.”

Editors and reporters who wish to speak with the analyst should contact Steven Cumming at steven.cumming@bccresearch.com.

Controlled-release Technologies: Established and Emerging Markets( MST027J )
Publish Date: May 2017    

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