Electrical Industry Today
Microspheres Market 2018 - Industry Analysis, Size, Share, Strategies and Forecast to 2022
Global Microspheres market is accounted for $3.41 billion in 2015 and is expected to reach $8.38 billion by 2022 growing at a CAGR of 13.7%. Growing demand for energy efficiency, need for advanced drug delivery systems, emerging applications, continuous research and development activities and superior structural properties are the factors enhancing the market growth. However, lack of quality control across developing countries and volatility in the raw material prices are limiting the microspheres market .
Based on type, solid and hollow microspheres comprise comparable growth rate in the global microspheres market. Glass microspheres segment is anticipated to grow at the highest rate over the forecast period. By application segment, medical technology is estimated to expand at faster pace over the forecast period. Asia Pacific is expected to witness fastest growth on account of rapidly expanding health care industry in countries such as India and China. North America dominated the global microspheres market due to huge investments in R&D by the major players. The U.S. and Canada in North America are amid the most advanced countries in the world and are leading in the adoption of latest technological advancements in healthcare industry, thus providing enormous opportunities for the Microspheres market in this region.
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Some of the major players in global microspheres market include 3M Company, Sigmund Lindner GmbH, Momentive Performance Materials Inc, Chase Corporation, Luminex Corporation, Trelleborg AB, AkzoNobel N.V., Matsumoto Yushi-Seiyaku Co. Ltd, Potters Industries LLC and Mo SCI Corporation.
Raw Materials Covered:
• Ceramic microspheres
• Fly Ash (Cenospheres) Microspheres
• Glass microspheres
• Metallic Microspheres
• Polymer microspheres
• Other Raw Materials
Microspheres Types Covered:
• Solid Microspheres
• Hollow Microspheres
• Para-magnetic Microspheres
• Magnetic Microspheres
Applications Covered:
• Medical technology
• Life science & Biotechnology
• Construction Composites
• Automotive
• Aerospace
• Oil & Gas
• Paints & Coatings
• Cosmetics & Personal care
• Other Applications
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Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
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What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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