Microspheres Market, By Raw Materials (Glass, Polymer, Ceramic, Fly Ash, Metallic, Other Raw Materials), By Type (Hollow, Solid), By Application (Automotive, Aerospace, Cosmetics, Oil and Gas, Paints and Coatings, Medical Technology, Composites, Other Applications), By Region (North America, Latin America, Europe, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Microspheres are round and spherical, a feature that provides multiple advantages in a variety of applications. A sphere's spherical shape allows it to have a consistent footprint for precision optical instruments. It also allows the sphere to flow freely. In contrast, a microscope's resolution is limited to about 2 microns. This is why microspheres may have a wide range of applications, including diagnostics and therapeutics.
Market Dynamics:
Growing demand from medical industry where it is used in drug encapsulation and production of medical device is predominantly fueling growth of the microspores market. Increasing healthcare spending is also expected to augment market growth. According to the Coherent Market Insights, the growing healthcare industry is thus expected to drive the market for advanced ceramics in the upcoming years. As a result, global healthcare spending is expected to increase at an annual rate of around 5.4% during 2018-2022. The per-person healthcare expenditure is the highest in the United States, currently at around USD 11,674 million.
Moreover, growing demand from cosmetic industry is further anticipated to uplift market growth. Microspheres offer a ball-bearing effect in creams and lotions due to their uniform particle size and sphericity, and they result in delivering luxury finish and texture. Microspheres also have excellent color matching ability to match any skin tone.
On the other hand, high cost involved in production process and increasing price of raw materials are key factors hindering growth of the market.
Key features of the study:
- This report provides in-depth analysis of the global microspores market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global microspores market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include 3M, Nouryon, Bangs Laboratories Inc., Chase Corporation, Cospheric LLC, Luminex Corporation, Matsumoto Yushi-Seiyaku Co. Ltd, Merit Medical System, Mo-Sci Corporation, Momentive, Sirtex Medical, Trelleborg Applied Technologies, Potters Industries LLC, and Kureha Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global microspores market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global microspores market
- Global Microspheres Market, By Raw Materials:
- Glass
- Polymer
- Ceramic
- Fly Ash
- Metallic
- Other Raw Materials
- Global Microspheres Market, By Type:
- Hollow
- Solid
- Global Microspheres Market, By Application:
- Automotive
- Aerospace
- Cosmetics
- Oil and Gas
- Paints and Coatings
- Medical Technology
- Composites
- Other Applications
- Global Microspheres Market, By Geography:
- Asia-Pacific
- North America
- Europe
- South America
- Middle East & Africa
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Microspheres, By Raw Material
- Market Microspheres, By Type
- Market Microspheres, By Application
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Growing demand from medical and construction industry
- High production involved
- Growing research &development activities
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Microspheres Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Microspheres Market, By RAW MATERIALS, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Glass
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Polymer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Ceramic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Fly Ash
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Metallic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Other Raw Materials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- 6. Global Microspheres Market, By TYPE, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Hollow
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Solid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Segment 3
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Segment 4
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Segment 5
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- 7. Global Microspheres Market, By APPLICATION, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Aerospace
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Cosmetics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Oil and Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Paints and Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Medical Technology
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Composites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Other Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- 8. Global Microspheres Market, By Region, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2017–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- Rest of World
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- 9. Competitive Landscape
- 3M
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Nouryon
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Bangs Laboratories Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Chase Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Cospheric LLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Luminex Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Matsumoto Yushi-Seiyaku Co. Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Merit Medical System
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Mo-Sci Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Others
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
- 10. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on "Global Microspheres Market” - Global forecast to 2030
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