Press release
Global Cenospheres Market Instrument, by Region, by Type, by Application and Forecast to 2024 (projected to grow at a CAGR of 12.2% by 2024)
Global Cenospheres Market Rising Demand From End-Use Industries
The Global Cenospheres Market accounted for USD 350.2 million in 2016 and is projected to grow at a CAGR of 12.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
A cenosphere is a lightweight, inert, hollow sphere made largely of silica and alumina and filled with air or inert gas, typically produced as a byproduct of coal combustion at thermal power plants. There is a growing demand for cenospheres in refractory, construction, oil & gas, automotive and paints & coatings activities, which is expected to be one of the major drivers of the market over the next seven years.
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Competitive Landscape:
The global cenospheres market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in Cenospheres Market.
Market Segmentation:
On The Basis Of Type: - gray and white.
On The Basis Of End-User: - refractory, construction, oil & gas, automotive, and paints & coatings.
On The Basis Of Geography, the cenospheres market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Complete report on “Global Cenospheres Market” supported with tables and figures available @ http://databridgemarketresearch.com/reports/global-cenospheres-market/
Major Market Drivers and Restraint:
• Superior structural properties of cenospheres
• Rising demand from end-use industries
• Limited raw material sources
• Lack of quality control across developing countries
Major Market Competitors:
Some of the major players in cenospheres market include American Iodine Company Inc., Ashtech India Pvt Ltd., Ceno Technologies, Cenosphere India Pvt. Ltd., Cenospheres Trade & Engineering S.A., Delamin Limited, Durgesh Merchandise Pvt. Ltd., Envirospheres, Ets Inc., Excellex Solutions, Khetan Group, Krishna Udyog, Microspheres Sa, Omya AG, PR Ecoenergy Pvt. Ltd., Petra India Group, Prakash Mica Exports Pvt. Ltd., Qingdao Eastchem Inc., Reslab Microfiller, Scotash Limited, Shanghai Green Sub-Nanoseale Material Co.,Ltd, Shishir Export House, Sun Microspheres, Vipra Ferro Alloys Pvt. Ltd., Wolkem Omega Minerals India Pvt Ltd. and many more.
Have any Query Regarding the Global Cenospheres Market Report? Speak to Expert Visit@ http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-cenospheres-market
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