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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

  • Date Submitted: 10/17/2016 04:24 AM
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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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Press Release

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...

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