Global Microspheres Market: Demand for High-End Micro Materials from Construction Industry to Present Manufacturers with Myriad of Opportunities, Finds Tmr

Transparency Market

Research

Microspheres Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2015 - 2023

Published Date

17-Feb-2016

247 Page Report

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Global Microspheres Market: Demand for High-end Micro

Materials from Construction Industry to Present

Manufacturers with Myriad of Opportunities, finds TMR

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Microspheres Market

REPORT DESCRIPTION

Microspheres Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

The global microspheres market is highly consolidated with the presence of several large and small scale

organizations striving to achieve an established position in the market through the development of innovative

products, says Transparency Market Research (TMR) in a new report. These companies are engaging in

backward integration to produce advanced microspheres. The leading players operating in the global

microspheres market are Glass Microspheres, Polymer Microspheres, Ceramic Microspheres, Fly Ash

Microspheres, Metallic Microspheres, Potters Industries LLC, Momentive Performance Materials Inc., Dennert

Poraver GmbH, Akzo Nobel N.V., and 3M among others.

The global microspheres market is expected to expand at a 12.4% CAGR from 2015 to 2023. In 2014, the

market stood at US$2.72 bn and is likely to rise to US$7.77 bn by the end of 2023. Based on raw material type,

the glass microspheres segment emerged dominant with a share of almost 50% in the global microspheres

market in 2014. Ceramic microspheres and polymer microspheres are likely to emerge as the leading

segments in terms of growth. In the applications segment, composites accounted for the leading share in 2014.

As the structural properties of microspheres are of superior quality, their consumption is relatively high in

advanced...