Polyurethane (PU) Microspheres Market size in terms of volume and value 2016-2024

Polyurethane (PU) Microspheres Market: Overview

Condensation polymerization technique is one of the simplest and most novel methods for the preparation of polyurethane (PU) microspheres of uniform shape, narrow particle size, and specific molecular weight. The molecular weight of PU microspheres ranges from 200 to 2000 and particle size distribution may range from 1 to 100 micron. PU microspheres have a uniform shape and size, which are used to prepare films of uniform thickness without any defects or fat edges. PU microspheres are generally known for their superior surface finish, smoothness, and uniform coating thickness.

Request to view Sample Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=13511
PU microspheres have a wide range of applications in paints & coatings. They are used as thickeners in paints, cosmetics, oils, and textiles. PU microspheres are used as a substitutes for linseeds in the manufacturing of foundry core oil. In the cement industry, PU microspheres are used as hardening agents. PU microspheres are used as encapsulants for agrochemicals, pigments, reactive chemicals, and drugs, acting as a curing agent.

Polyurethane (PU) Microspheres Market: Growth Trends

In 2014, paints and coatings was one of the largest application segments for PU microspheres. The growth in end-use industries such as paint & coating will likely cause a boost in the demand for PU microspheres in the near future. The growing demand for PU paints, which act as matting agents in wood finishes and architecture coating, is expected to boost the demand for PU microspheres in the paint & coating application segment.

The growing demand for an encapsulant in drug delivery and crop protection, increased application as a coating material in the architectural sector, and growth in repositionable adhesives are some of the major reasons anticipated to drive the market for the forecast period. The developments in research and technology in PU microspheres are anticipated to increase the range of applications for PU microspheres, leading to a boost to the global market demand.   

Polyurethane (PU) Microspheres Market: Region-wise Outlook

Globally, the PU microspheres market is segmented into five regions: Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. In 2014, Asia Pacific accounted for the largest market share, followed by Europe and North America. Construction, electronics, and automotive are some of the major primary end-user industries driving the Asia Pacific market. The contribution from developing economies such as India and China has led Asia Pacific to maintain its dominance in the global market.

The paint & coating sector in growing economies is anticipated to be the fastest-growing end-user sector in Asia Pacific in the near future. The growth of the automotive sector in Asia Pacific is also anticipated to boost the demand for PU microspheres in the near future. The growing demand for powder coating for different applications in Asia Pacific is expected to generate high demand for PU microspheres in the region.

China is a major producer and consumer of PU microspheres. It accounts for the largest regional market share. The economic reforms in China in the past few years have led to it becoming one of the major suppliers in the region. Europe, being a large hub for the automotive industry, is anticipated to fuel the demand for PU microspheres for the forecast period. In 2014, the antimicrobial coating market in North America is expected to grow, boosting the demand for PU microspheres.

Polyurethane (PU) Microspheres Market: Key Players

Some of the players operating in the global market include Sanyo Chemical Industries, Ltd. MicroChem, Chase Corporation, Heyo Enterprise Co., Ltd., HOS-Technik GmbH, Supercolori S.p.A., Kolon Industries, Bayer AG, LLC, and Teledyne DALSA, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape. 

Request to download and view full ToC -https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=13511

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: www.transparencymarketresearch.com

This release was published on openPR.