According to the recent study the Microsphere Market is projected to reach an estimated $7 billion by 2030 at a CAGR of 6.8% from 2024 to 2030. Growth in this market is primarily driven by growing demand for higher efficiency and lightweight materials and superior structural and enhanced properties of microsphere over conventional fillers.
Browse 142 figures/charts
and 114 tables in this 253-page report to understand trends, opportunities and
forecast in microsphere market by end use industry (composites, medical
technology, life sciences and biotechnology, paints and coatings, cosmetics and
personal care, and others), product type (hollow microsphere and solid
microsphere), material (glass microspheres, polymer microspheres, ceramic
microspheres, fly ash microspheres, metallic microspheres, and others), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
“Composites market is expected to remain the largest segment
during the forecast period.”
Based on end use
industry, the microsphere market is segmented into composites, medical
technology, life sciences and biotechnology, paints and coatings, cosmetics and
personal care, and others. Lucintel forecasts that the composites market is
expected to remain the largest segment due to increasing demand for lightweight
materials in building and construction applications.
“Within the microsphere market, the glass microsphere segment is
expected to remain the largest material type.”
Based on material type
the glass microsphere segment is expected to witness the highest growth over
the forecast period due to it provide lower viscosity, high melting point, and
higher chemical resistance than other types of microspheres.
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Microsphere Market.
“North America will dominate the microsphere market in near future.”
North America is
expected to remain the largest region due to the ease of supply considering the
presence of established players and extreme interest for superior quality
products among consumer.
Major players of
microsphere market are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. 3M, Potters Industries,
AkzoNobel N.V., Trelleborg AB, Chase Corporation, Matsumoto Yushi-Seiyaku Co.
Ltd., Momentive, Luminex, Thermo Fisher Scientific, Sigmund Lindner are among
the major microsphere providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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