Chemical & Materials Trending Polyurethane Coating Market | Page 4

Industry Insights
❖In terms of application, encapsulation dominated the PU microspheres consumption and
accounted for the largest share of the PU microspheres market size in terms of value in 2014,
owing to its huge consumption from various end use industries such as pharmaceutical, paints &
coatings, and agro chemical industries.
❖The major players in the encapsulation industry are backward integrated and hence a demand of
approximately 70% is generated by companies that manufacture PU microspheres on their own.
❖Technical feasibility problems such as inactivation of drugs during fabrication and poor control of
drug release rates with the active agents is the reason why encapsulate producers tend to
manufacture microspheres on their own.
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