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Global Microspheres Market 2015 Is Projected to Reach at a CAGR of 7.9% by 2022

According to a new market report published by Market Research Store titled “Microspheres Market - Global Trends, Forecast, and Opportunity Assessment (2014-2022)."

 

Deerfield Beach, FL -- (SBWIRE) -- 11/25/2015 -- Microspheres Market Outlook - Global Trends, Forecast, and Opportunity Assessment (2014-2022)

The Global Microspheres market accounted for $ 2.3 billion in 2014 and is projected to reach a CAGR of 7.9% to reach $4.23 billion by 2022. Microspheres are tiny spherical micro particles which can be produced naturally and synthetically with a size ranging from 1µm to 1000 µm. These are novel raw materials with advanced functionality that augments the quality of end product or finished good at a reduced cost. The major driver for the microsphere market is rapid growth of medical and oil & gas industries.

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Based on the material properties and chemical composition microspheres are classified into different types making them suitable for application-specific industries. Huge demand from advanced structural properties, development & renovation of infrastructure, existing & budding applications and amplified demand for efficiency will further fuel the growth of microspheres market. The factors such as getting approvals from FDA or other bio-safety organizations for microspheres use in medical applications are hindering the market growth.

The key players in microspheres market are AKZO Nobel Expancel, 3m Company, Henkel Ag & Co. Kgaa, Matsumoto Yushi-Seiyaku Co. Ltd, Asia Pacific Microspheres, Celonova Biosciences Inc, Evonik Industries Ag, Luminex Corp, Sirtex Medical Inc, Mo Sci Corporation, and Potters Industries Llc.

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Types Covered:
- Solid Microspheres
- Hollow Microspheres
- Magnetic Microspheres
- Paramagnetic Microspheres

Applications Covered:
- Medical Technology
- Life Science & Biotechnology
- Construction Composites
- Automotive
- Aerospace
- Oil & Gas
- Paints & Coatings
- Cosmetics
- Personal Care

Raw Materials Covered:
- Fly Ash Microspheres
- Ceramic Microspheres
- Glass Microspheres
- Polymer Microspheres
- Metallic Microspheres

Regions Covered:
- North America
o US
o Canada
- Europe
o Germany
o France
o Italy
o UK
o Spain
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia
- Rest of the World
o Latin America
o Middle East
o Africa
o Others

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 8 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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