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Microspheres Market : Global Snapshot by 2022

04-12-2018 10:53 AM CET | Science & Education

Press release from: Orbis Research

The global microsphere market is on a strong growth trajectory. The market is growing largely due to new product introductions and application developments as well as growth in new geographies for existing or already developed products and applications.

The global market for microspheres was estimated to be REDACTED in 2016, growing to REDACTED in 2017 and to more than REDACTED in 2022. This represents a compound annual growth rate (CAGR) of REDACTED over the five-year forecast period from 2017 to 2022.

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The microsphere market can be split into four product segments: glass microspheres, polymer microspheres, ceramic microspheres, and other microspheres, which largely includes natural materials that are made in microspherical shapes.

The polymer microspheres segment is the largest, with about REDACTED of the total REDACTED market in 2017. Glass microspheres represent REDACTED of the market, and ceramic microspheres represent REDACTED. The remaining 4% is microspheres made of other materials. Of these product segments, the fastest growing is polymer-based microspheres, which is projected to grow at REDACTED over the five-year forecast period,which is slightly faster than the total market growth rate of REDACTED.

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Application segments for microspheres include composites, medical technologies, life sciences, personal care, and other specialty markets. Composites are the largest segment by size, accounting for REDACTED of the total market in 2017, or about REDACTED. The second-largest segment by size is medical technologies, where microsphere-based products commanded REDACTED in products in 2017, for a share of REDACTED.

Personal care accounts for REDACTED of the life sciences segment represents REDACTED of the market. The remaining REDACTED of products are used in specialty and other applications. Of these, the medical technology segment is the fastest growing with a projected CAGR of REDACTED for the forecast period. This application segment alone is expected to add more than REDACTED to the market over the five-year forecast period.

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In terms of geographic areas, the EMEA region is the largest market for microspheres, with REDACTED in revenues in 2017, or REDACTED of the total market. North America is the second-largest region with a REDACTED share, representing REDACTED. Microsphere companies are largely located in North America or Europe,and the two regions together command REDACTED of the total market.

Europe is expected to grow further in the coming years and reach a REDACTED share of the global market,taking the combined North American and European share of the industry to REDACTED, which is slightly higher than the 2017 figure. While the Asia-Pacific and the RoW markets for microspheres will grow, this will largely be growth in terms of end users and not producers of microspheres or not technology developers.

Report Scope:

This report analyzes microspheres—homogeneous microparticles of 1 to 1,000 microns in diameter. Microspheres can be solid or hollow and are made from a variety of raw materials.

In this report, BCC Research analyzes the global market for microspheres by both material type and applications. Since there are several types of microspheres that vary drastically in quality, chemical properties, functionality, and price, each type of microsphere is discussed in detail, including materials, manufacturing processes, advantages, prices, and primary applications. Similarly, due to these variations, microsphere use in five major application markets are discussed and analyzed in detail.

The report provides detailed analysis and market forecasts by industry, microsphere type and geographic region through 2022. It describes major industry players and examines recent advances in technology, newly evolving markets, companies, and other factors influencing pricing characteristics. As already mentioned, except in a few segments, market prices are not controlled by supply and demand; instead, markets are created by new technologies and applications.

The scope of the current report has been widened by increasing the number of companies reviewed to more than double the number in past reports. The explosion in participants in the field is creating both job opportunities as well as new applications.

Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant US dollars, unadjusted for inflation.

This report does not detail the metallic microsphere market, as this is a parallel industry that is analyzed in depth in other reports from BCC Research, such as those of metal injection molding (MIM) and powder metallurgy. MIM is the largest growing market for micron-sized metallic powders. Metallic microspheres are mostly solid microspheres and are more commonly referred to as metal powders, whereas this report covers materials for which microspheres are available in both solid and hollow forms.

Report Includes:

- 87 data tables and 30 additional tables

- An overview of the global market for microspheres

- Analyses of global market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022

- Identification of segments with high growth potential and their future applications

- Explanation of major drivers and regional dynamics of the market and current trends within the industry

- Detailed profiles of major vendors in the market, including 3M Corp., BASF SE, Boston Scientific Corp., Evonik Industries AG and L'Oréal S.A.



Companies Mentioned:

3M CORP.

ALTUGLAS INTERNATIONAL

ASIA-PACIFIC MICROSPHERES

AVEKA MANUFACTURING INC.

BANGS LABORATORIES INC.

BASF

BIO RAD LABORATORIES

BO KWANG CHEMICAL CO .LTD.

BOSTON SCIENTIFIC

BTG INTERNATIONAL LTD.

CARDIOGENICS HOLDINGS INC.

CENO TECHNOLOGIES

CENOSPHERE INDIA PVT LTD.

CENOSTAR CORP.

CHASE CORPORATION

COSPHERIC LLC

DENNERT PORAVER GMBH

DIAB INTERNATIONAL AB

DIAVACS (FORMERLY BAXTER INTERNATIONAL INC.)

DUPONT

DURGESH MERCHANDISE PVT LTD.

EKO EXPORT SA

EVONIK INDUSTRIES AG

EXPANCEL (AKZONOBEL)

FLORATECH

GALDERMA S A

GIVAUDAN

ILLUMINA INC.

IMERYS SA

KIMBERLY-CLARK

KISH COMPANY INC.

KOBO PRODUCTS

KOLON INDUSTRIES INC.

KULIN CORPORATION

KUREHA CORPORATION

LANGFANG OLAN GLASS BEADS CO. LTD

L'OREAL

LUCITE INTERNATIONAL HOLLAND BV

LUMINEX CORP.

MAGSPHERE INC.

MANNKIND CORPORATION

MATSUMOTO YUSHI-SEIYAKU CO. LTD.

MERCK KGAA

MERCK CHIMIE SAS - FRANCE

MERIT MEDICAL SYSTEM INC.

MERZ NORTH AMERICA INC.

MICROSPHERE TECHNOLOGY LTD.

MOMENTIVE PERFORMANCE MATERIALS INC.

MO-SCI CORP.

NANJING JIANZUN GLASS MICROSPHERE PLANT CO. LTD.

OAKWOOD LABS

OMYA SWITZERLAND AG

OSTHOFF OMEGA GROUP

PETRA INDIA GROUP

PHOSPHOREX INC.

POLYMICROSPHERES

PQ CORPORATION/POTTERS INDUSTRIES

PRIZMALITE INDUSTRIES INC.

QINGDAO EASTCHEM INC.

QUIREM MEDICAL BV

RESLABSPHERES

SIGMUND LINDER GMBH

SINCLAIR PHARMA PLC

SIRTEX MEDICALLIMITED

SOLIANCE

SOVITEC BELGIUM SA

SPHERE ONE INC.

SPHEROTECH

SPIRIG PHARAMA AG

SUNEVA MEDICAL INC.

SUNJIN BEAUTY SCIENCE

TERUMO CORPORATION

THERMO FISHER SCIENTIFIC

TRELLEBORG AB

WHITEHOUSE SCIENTIFIC LTD.

XBRANE BIOPHARMA

XL SCI-TECH INC.

ZEEOSPHERES CERAMIC LLC



Table of Content

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Overview of Microspheres

Chapter 4 Global Microsphere Market by Application Industry

Chapter 5 Global Microsphere Market by Material Type

Chapter 6 Microsphere Market by Region

Chapter 7 Patent Analysis

Chapter 8 Company Profiles

About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Information:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Email: sales@orbisresearch.com

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