Controlled-Release Barrier Materials Market to Grow 10.5% Annually Thru 2015

Sept. 22, 2010 - PRLog -- Rockville, MD - MarketResearch.com has announced the addition of BCC Research’s new report “Controlled Release Technologies: Established and Emerging Markets” to their collection of Manufacturing market reports.  For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2749740

According to the report, the global market for controlled-release barrier materials will approach $1 billion by 2015, increasing from nearly $600 million in 2010, a compound annual growth rate (CAGR) of 10.5% for all products worldwide during the 2010-2015 forecast period.

The most rapid growth for controlled-release barrier materials will occur in high-income nations, according to BCC Research, which includes the U.S. and the European Union among others, increasing in value from $366 million in 2010 to $650 million in 2015, a compound annual growth rate (CAGR) of 12.2%.

The United States falls slightly behind other high-income nations with a 10.1% compound annual growth rate (CAGR) for controlled-release barrier materials. This market is estimated at $197 million in 2010 and is expected to reach $319 million by 2015.

The aim of this study is to examine controlled-release technology with both a floodlight and a spotlight. The floodlight seeks to illuminate the larger global forces that will shape the demand for controlled-release technology through 2015, when BCC anticipates the value of barrier materials that impart controlled-release properties on active agents will approach $1 billion. The spotlight tightly focuses on the demand for barrier materials that impart controlled-release materials in 27 application-specific market segments within the agriculture, food processing, consumer product, and institutional, industrial and energy industries.

Although the materials used to create controlled-release products are sold into niche markets, according to BCC Research,they have the potential to influence much broader segments of the economy. For example, the shift from standard to controlled-release fertilizers reduces by a third to half the amount of ammonia (NH3) needed to support a given amount of plant growth. Such a reduction is obviously positive for fertilizer producers, but it also affects consumers of natural gas, because as much as 80% of the cost of producing ammonia, the basic building block of nitrogenous fertilizers, is spent to purchase natural gas for use as a methane (CH4) feedstock.

As products manufactured by the chemical industry, controlled-release materials are subject to varying levels of government regulation, largely depending upon how the products are used. In the past, controlled-release fertilizers received relatively little government scrutiny, while those used to coat or encapsulate food additives were limited to compounds generally regarded as safe, or otherwise specially approved. That predictable past is about to give way to a most uncertain regulatory future.

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Contact:
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MarketResearch.com
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