Press release
Hollow Microsphere Market is expected to reach USD 4.90 Billion by 2030 : Cognitive Market Research
Hollow Microsphere Market is expected to reach USD 4.90 Billion by 2030 : Cognitive Market Research
What is Hollow Microsphere?
- Hollow microspheres are in the severe sense, circular void particles without a center. These microspheres are typically free-streaming residues encompassing of proteins or manufactured polymers, preferably having a size of fewer than 200 micrometers. The micrometric properties of these microspheres including particle size, tapped density, compressibility index, true density, and flow properties-are what set them apart.
Summary:
- The Hollow Microsphere Market is expected to grow from USD 2.14 Billion in 2022 to USD 4.90 Billion by 2030, at a CAGR of 10.9%.
"To know more about The Hollow Microsphere Market statistics click here: https://www.cognitivemarketresearch.com/hollow-microsphere-market-report
Market Dynamics:
• The usage of hollow microsphere for coating drives the market growth
In many coating applications, hollow pre-expanded microspheres are commonly used, whereas unexpanded microspheres can be used in other applications where heating is required to expand the microspheres. Hollow super low-thickness thermoplastic microspheres can be utilized as fillers in flexible waterproof coatings to work on various significant qualities of the varnishes. In cool roof coatings, the hollow microspheres aid in solar radiation reflection and temperature reduction. A dry film can achieve a high level of total solar reflection by using hollow glass microspheres in its coating. This helps cut down on the need for cooling systems that use a lot of energy.
• Challenges for the Hollow Microsphere Market
Fluctuations in raw material prices may stymie the industry's growth.
• Increasing usage of hollow microsphere as DDS is recovering the market growth
Hollow microspheres are being employed as a medicine delivery mechanism, which has the potential to be a viable therapy for gastric retention. Hollow microsphere drug-delivery systems are non-effervescent systems including empty spherical particles without a core that are ideally fewer than 200 micrometers in size. These drug delivery methods have been found to be more effective in managing the release rate of medications with site-specific absorption.
Hollow Microsphere Market Segmentation:
Type
• Dry Hollow Microsphere
• Wet Hollow Microsphere
Application
• Construction
• Medical
• Cosmetics and personal care
• Biotechnology
• Others
Material Type
• Hollow glass microsphere
• Foam Glass Granulates
• Cenosphere
• Perlite
• Others
The Major Players in Hollow Microsphere Market are:
CenoStar, Omya Fillite, Ceno Technologies, Coalreuse, Hollow Microsphere India, Reslab, Zhengzhou Aojie, Sidere corp, National Power Engineers, VIPRA, Durgesh, Shanghai Yisong, Shijiazhuang Mayue, Shanghai Greennano, Xingtai Qianjia, Hebei Hongye
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Regional Analysis:
- North America dominates the Hollow Microsphere Market
Geographically, the global Hollow Microsphere market is divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America dominates the market owing to the rising construction industry, growing focus on innovative drug delivery systems, and increased need for the expansion of medical and biomedical technologies.
Hollow Microsphere Market News
- In April 2021, BASF and Omya have joined forces to enhance and commercialize BasoSphere hollow glass microspheres for cementing applications in the oil and gas sector. BasoSphere is a product family of designed hollow glass microspheres that give excellent strength-to-density ratios and avoid fluid loss and formation damage during successful completion. BASF will be the exclusive distributor. The ground-breaking hollow glass microspheres combine Omya's expertise in the manufacturing of fillers with BASF's chemical and application knowledge for cementing solutions in the oil and gas sector.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Hollow Microsphere Market
• 3.1 Global Hollow Microsphere Market Size 2018 - 2030, (USD Million)
• 3.2 Global Hollow Microsphere Value, Absolute & Opportunity Analysis
• 3.3 Global Hollow Microsphere Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Hollow Microsphere Market Statistics 2022: Snapshot
Chapter 4 Global Hollow Microsphere Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
• 6.1 Overall Company's Disclosure Score
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Hollow Microsphere Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Hollow Microsphere Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Hollow Microsphere Market by Material Type Segmentation Analysis (2018-2030)
Chapter 12 Global Hollow Microsphere Market Regional Analysis
Chapter 13 North America Hollow Microsphere Market Outlook (2018 - 2030)
Chapter 14 Europe Hollow Microsphere Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Hollow Microsphere Market Outlook (2018 - 2030)
Chapter 16 Latin America Hollow Microsphere Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Hollow Microsphere Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about Hollow Microsphere Market TOC click here: https://www.cognitivemarketresearch.com/hollow-microsphere-market-report#table_of_contents
Related Report:
• Polymer Microspheres market - https://www.cognitivemarketresearch.com/polymer-microspheres-market-report
• Starch Microspheres market - https://www.cognitivemarketresearch.com/starch-microspheres-market-report
• Resin Microspheres market - https://www.cognitivemarketresearch.com/resin-microspheres-market-report
• Silver Coated Microspheres market - https://www.cognitivemarketresearch.com/silver-coated-microspheres-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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