Press release
Global Cenospheres Market 2018: Driven by Availability of Raw Materials from Existing as well as New Thermal Power Plants
Market Highlights
The global cenospheres market is expected to grow in the forecast years owing to the rise in its application areas along with abundant availability of raw materials from existing as well as new thermal power plants. Rise in the end user market applications such as automotive, recreation, ceramics, plastic, construction, and energy and technology will further propel the market demand for cenospheres.
Market Scenario
Cenospheres are referred to as hollow spheres made from silica, alumina along with air or any inert gas fillings. These are the by-products of coal combustion occurring in thermal power plants. These hollow spheres possess an average compressive strength of over 3,000 psi and occur in sizes varying from one to 500 microns. The presence of properties such as hardness, insulation, waterproof, and rigidity make these spheres useful in applications that include fillers in polymers, cements, and metals to make tiles, antistatic coatings in paints, composite materials, fabrics, conductive coatings, and electromagnetic shielding. Burning of coal that consists of ceramic particles such as silica and alumina in thermal power plants result in the production of cenospheres.
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The cenospheres market characteristics such as high particle strength, low water absorption, ultralow density, low thermal conductivity, resistance to acids, thereby rendering them useful in refining properties of finished consumer products. Initially, these cenospheres were used as extender for plastic compounds owing to their compatibility with latex, epoxies, urethanes, phenolic resins, thermoplastics, polyesters, and plastisols. Additionally, it is also used in marine craft bodies, specialty cements, insulations, building materials, synthetic foams, fire and heat protection devices, paints, automobile bodies, and sports equipment.
Global Cenospheres Market Key Players
The major companies that provide cenospheres include
• Omya AG
• Scotash Limited
• Petra India Group
• Cenosphere India Pvt. Ltd.
• Ceno Technologies
• PR Energy Pvt. Ltd.
• Qingdao Eastchem Inc.
• Envirospheres
• Durgesh Merchandise Pvt. Ltd.
• Reslab Microfiller among others.
Market Segments
The global cenospheres market is segmented on the basis of type, end-user industry and regions. Based on the type, the global cenospheres market is divided into
• gray cenospheres,
• white cenospheres.
On the basis of end-user industry, the global cenospheres market is divided into
• refractory
• construction
• oil & gas
• automotive
• and paints & coatings.
Based on regions, the global cenospheres market is segmented into
• North America
• Europe
• Asia Pacific
• Middle East & Africa (MEA)
• and Latin America.
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The North America commands the maximumshare in the cenospheres market and is expected to be the swiftest growing market, owing to an increased demand for cenospheres from end-user industries such as the oil & gas and automotive industries present in this region.
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