Microspheres are small particles with a diameter ranging from 1 micrometer to 1 millimeter. They are commonly called as beads, microbeads, and microparticles. They can be produced by natural and synthetic methods. These microspheres are available in various densities and are used accordingly in their respective applications. Due to the attribute of lowering the density, hollow microspheres are mainly used as additives. These are innovative raw materials with superior functionality that help in improving the quality of the final product at a reduced cost. These hollow microspheres are used in several end-user markets such as medical technology, construction composites, biotechnology and medicine, and cosmetics and personal care.
The increase in infrastructure spending is considered as one of the primary growth factors for this market. The developing nations are witnessing a large-scale shift in population from the rural to urban areas. For instance, the existing year-over-year population growth rate of India is nearly 2%, that is twice the percentage of the year-over-year population growth rate compared to China. It is estimated that a large number of population in rural areas will move to urban areas during the forecast period. To tackle this increasing passenger traffic encroachment in the urban areas, governments in these countries are focusing on developing the infrastructure. For instance, the Indian government has planned an investment of USD 650 billion over the next 20 years for the development of urban infrastructure. This rise in infrastructure investments is likely to fuel the growth of the hollow microspheres market in the forthcoming years.
North America is the major revenue contributor to the hollow microspheres market throughout the forecast period. The increased consumption in the end-user industries such as the construction sector, especially in application such as the thermosetting process of resin, medical technology, and biotechnology will contribute to the growth of the hollow microspheres market in this region.
In 2019, the market size of Hollow Microspheres is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hollow Microspheres.
This report studies the global market size of Hollow Microspheres, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Hollow Microspheres production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
3M
Akzo Nobel
Chase Corporation
Momentive Performance Materials
Sigmund Linder
Potters Europe
MO-SCI
Cospheric
Polysciences
Kish Company
Market Segment by Product Type
Glass
Ceramic
Fly Ash
Polymer
Metallic
Market Segment by Application
Construction Composites
Medical Technology
Cosmetics & Personal Care
Automotive
Oil & Gas
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Hollow Microspheres status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Hollow Microspheres manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Hollow Microspheres are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Hollow Microspheres . Industry analysis & Market Report on Hollow Microspheres is a syndicated market report, published as Global (United States, European Union and China) Hollow Microspheres Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Hollow Microspheres market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.