Microspheres Materials Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024

Posted on 2017-07-26 by COHERENT MARKET INSIGHTS in Chemicals // 0 Comments

Seattle,WA, 2017-Jul-26 — /EPR Network/ —

Microspheres are small sphere-shaped particles, with diameters in the micrometer range (typically 1 μm to 1000 μm). Microspheres, also called microparticles, are manufactured from various synthetic and natural materials such as polymer microspheres, glass microspheres, and ceramic microspheres. Floating and hollow microspheres can differ extensively in density and therefore, can be used for various applications. Hollow microspheres are usually used as additives to lower density of a material. Floating microspheres have numerous applications depending on their material and size.

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Microspheres Materials Market Taxonomy

On the basis of product type, the global market is segmented into:

Floating Microsphere
- Effervescent Type
- Non-Effervescent Type
Radioactive Microsphere
Hollow Microsphere
Magnetic Microsphere
Muchoadhesive Microsphere

On the basis of technique, the global market is segmented into:

Single Emulsion Technique
- Heat stabilizationtion method
- Chemical stabilization method
- Ionic chelation method
Double Emulsion Technique
Polymerisation Technique
- Normal phase
  - Bulk
  - Suspension
  - Emulsion
- Interfacial
Spray Drying Technique
Spray Congealing Technique
Solvent Extraction Technique
Phase Separation Co-acervation Technique
Solvent Evaporation Technique

On the basis of raw material, the global market is segmented into:

Glass Microspheres
Polymer Microspheres
- Synthetic Polymers
  - Non-Biodegradable Polymers
    - Poly methyl methacrylate (PMMA)
    - Glycidyl methacrylate
    - Epoxy polymers
  - Biodegradable polymers
    - Lactides and Glycolides and their copolymers
    - Poly alkyl cyano acrylates
    - Polyanhydrides
    - Poly-ε-caprolactone (PCL)
  - Natural Polymers
    - Carbohydrates
      - Agarose
      - Carrageenan
      - Chitosan
      - Starch
    - Proteins
      - Albumin
      - Gelatin
      - Collagen
    - Chemically modified carbohydrates
      - Poly dextran
      - Poly starch
    - Ceramic Microspheres
    - Fly AHS (Cenospheres) Microspheres
    - Metallic Microspheres

On the basis of end-use industry, the global microspheres materials market is segmented into:

Medical Technology
Life Science & Biotechnology
Paints & Coatings
Cosmetics & Personal Care
Oil & Gas
Automotive
Aerospace
Construction
Others (marine, etc)

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The medical and biotechnology applications includes drug delivery systems, embolization, skin treatments, and bulking agent are the largest application areas of microspheres. Lightweight materials and syntactic foams are extensively used in aerospace sector. This in turn, makes aerospace the largest application segment in the market. Due to the growth of the drilling activities, there is a specific need of microsphere in drill muds to improve mud lubricity and control the essential torque of the drill machine. This makes microspheres an integral part of the oil & gas industry. The retro-reflective feature and lower specific gravity of microspheres have major demand in the manufacture of paints used in the road signs. In the manufacture of cosmetics and personal care products, microspheres are majorly used in the milling and grinding of various minerals and pigments. Growth of the cosmetics & personal care end-use industries, especially in emerging economies of India and China, creates a highly lucrative environment for growth of the global microspheres market.

North America is the largest and fastest-growing market for microspheres in the world. This is due to the high growth in end-use industries such as medical technology, automotive, oil & gas, and aerospace. Asia-Pacific is the second-fastest growing region due to burgeoning growth of life sciences & biotechnology, and paints & coatings end-use industries in the region.

Product innovation is one of the key strategies adopted by the leading players in the Microspheres material market, with BASF and Trelleborg at the forefront of innovation. BASF has developed innovative microsphere-based admixture technology for freeze-thaw durability eliminating the need for air-entrained concrete. Trelleborg has also developed Eccofloat—hollow glass microspheres to meet deep-sea buoyancy requirements for subsea applications. Some of the major companies operating in the global Microspheres materials market are Trelleborg, BASF, Phosphorex, Pylote, Potters Industries LLC, 3M Company, AkzoNobel, Dennert Poraver GmbH Luminex Corporation, Chase Corporation, Expancel, Sigmund Lindner GmbH, and Momentive Performance Materials Inc.

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