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North America is the Largest Market for Cenopheres, in Terms of Value, Followed by Europe
Cenospheres display characteristics such as low water absorption, resistance to acids, high particle strength, low thermal conductivity, ultra low density making them useful in improving properties of finished consumer products. Initial applications of fly ash microspheres comprised of extender for plastic compounds due to compatibility with urethanes, phenolic resins, epoxies, polyesters, latex, thermoplastics, and plastisols. In addition, it was also used in synthetic foams, specialty cements and building materials such as composites and coatings, fire and heat protection devices, paints, marine craft bodies, automobile bodies, insulations, and sports equipment.
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The demand for cenospheres is expected to increase owing to increasing application areas coupled with abundant availability of raw materials from existing and new thermal power plants. Increase in end use market applications such as ceramics, plastic, construction, recreation, automotive, and energy and technology to further boost market demand for fly ash microspheres. Technological intensive nature of the manufacturing process is expected to result in strategic partnerships between manufactures and buyers for improved application scope.
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Manufacturers are highly on expanding their market share in the Asia Pacific region attributed to the growing demand for cenospheres by the construction and oil and gas industry. Some of the major players operating in the cenospheres market 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., and Reslab Microfiller among others.
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