Microsphere Market Report : Trends, Forecast and Competitive Analysis 1.

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Microspheres Market is Dominated in South America & Asia-Pacific Region
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Presentation transcript:

Microsphere Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Applications Composites, medical technology, life sciences and biotechnology, cosmetics and personal care, paints and coatings, and others Market Segments by Material Glass microspheres, polymer microspheres, ceramic microspheres, fly ash (cenosphere) microspheres, metallic microspheres, and others Market Segments by Product Type Solid microspheres and hollow microspheres Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name 3M Company, Cospheric LLC, Potters Industries, Trelleborg Offshore & Construction, and AkzoNobel Expancel Trend Growth Rate and CAGR6.8% Key Industry Forecast The global microsphere market is expected to reach an estimated $3.8 billion by 2021 and is forecast to grow at a CAGR of 6.8% from 2016 to 2021 Key Industry Driver Driver: Growing demand for higher efficiency and lightweight materials and superior structural and enhanced properties of microsphere over conventional fillers.. 2

Industry Overview Market Size The global microsphere market is expected to reach an estimated $3.8 billion by 2021 and is forecast to grow at a CAGR of 6.8% from 2016 to Emerging trends, which have a direct impact on the dynamics of the microsphere industry, include continuous improvements in existing products to intensify the penetration level and long-term sustainability, biodegradable microspheres, and increasing focus on growing markets by expansion and alliances (Mergers and Acquisitions). Market Size (2021)$3.8 billion CAGR ( )6.8% 3 Industry Performance : Forecast