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Global Microspheres Market Analysis & Trends - Industry Forecast to 2028

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Microspheres: Market Size From $5.62 billion in 2020, the global Microspheres market is projected to reach $12.96 billion by 2028. Based on our analysis the market is expected to grow at a CAGR of 11.0% from 2020 - 2028 timeframe. Some of the prominent trends that the market is witnessing include, emerging economies in APAC, high demand from existing and emerging applications and increasing demand for energy efficiency . Global Microspheres Market: Market Dynamics The booming pharmaceutical and medical industries, and the need for advanced drug delivery systems are the major factors driving the microsphere market growth. Microspheres in drug delivery are used for targeted as well as prolonged drug release in the diseased area. It also protects the unstable drugs before and after the administration. The improved efficacy, reduced toxicity, improved patient compliance, and convenience of microspheres has led to increasing demand in drug delivery systems will boost the market growth. Moreover, the growing demand from the paints and coatings sector on account of their various abilities including increasing solid content of the coating and maintain the flow characteristics expects a boost to the market growth. For instance, in 2017, according to the International Federation of Pharmaceutical Manufacturers and Association (IFPMA), it was estimated that investments made by research-based pharmaceutical industries on R&D were US$ 149.8 billion per year. Furthermore, the growing usage of microspheres in clinical research is expected to accelerate the microspheres market growth in the foreseeable future. On the other hand, the microsphere plays an important role to improve the bioavailability of conventional drugs. In addition, it also helps in minimizing side effects and protects the GIT from irritant effects of the drug will fuel the market growth. Impact of COVID-19 on Microspheres The rapid spread of the COVID-19 pandemic has a positive impact on the microsphere market. With the absence of a vaccine, healthcare professionals have been forced to rely on curative measures to alleviate the suffering of COVID-19 patients. In such dire circumstances, there is growing reliance on efficient drug delivery mechanisms to provide quick treatment for the disease. Moreover, the situation has generated several innovation opportunities for companies. By Type Hollow Spheres Segment Dominate the Market in 2020 The hollow spheres segment made huge revenue in 2020 and growing its prominence during the forecast period. The factors can be attributed to their low crush strength, density, and absorption. Hollow spheres are used as sensitizers in construction, quarrying, and mining applications for water gel explosives and emulsions. Hollow microspheres help in saving material costs as compared to other resins. The wide application of hollow microsphere due to their lighter weight (specific density less than 0.6 g/cm3, compared to solid one having specific density 2.5 to 2.8 g/cm3) is the prime reason behind its dominance. By Geography North America Region is Leading in the Global Market Place North America is likely to have a huge demand in the forecast period owing to the prevalence of affordable healthcare resources coupled with the growing construction sector primarily in the U.S. and Mexico. The increasing healthcare sector owing to the rising aging population should drive regional industry growth. The increasing number of domestic players in the region supported by government guidelines should drive industry growth. List of the Key Players profiled in the market Include: • Advanced Polymers International • Asia Pacific Microspheres • Bangs Laboratories Inc. • Ceno Technologies • Cospheric LLC • Dennert Poraver GmbH • Durgesh Merchandise Pvt. Ltd • Nanjing Jianzun Glass Microsphere Plant Co., Ltd • Omya AG • Petra India Group • Polysciences Inc. • Qingdao Eastchem Inc. • Reslab Microfiller • Spherotech Inc • The Kish Compmay, Inc List of the regions/countries profiled in the market Include: North America • US • Canada • Mexico Europe • Germany • U.K • Italy • France • Spain • Rest of Europe Asia Pacific • China • Japan • India • Australia • New Zealand • Rest of Asia Pacific Middle East • Saudi Arabia • UAE • Rest of Middle East Latin America • Argentina • Brazil • Rest of Latin America Rest of the World (RoW) • South Africa • Others

1 Market Outline 1.1 Definition 1.2 Market Segmentation & Scope 1.3 Market Trends 1.4 Regulatory Factors 1.5 Product Analysis 1.6 Application Analysis 1.7 End User Analysis 1.8 Strategic Benchmarking 1.9 Opportunity Analysis 2 Executive Summary 3 Research Methodology and Data Source 3.1 Methodology/Research Approach 3.1.1 Research Programs/Design 3.1.2 Market Size Estimation 3.2 Data Source and Assumptions 3.2.1 Purchased Database 3.2.2 Company Repository 3.2.3 Secondary Sources 3.2.4 Primary Research 3.2.5 List of Assumptions 4 Market Overview 4.1 Current Trends 4.1.1 Emerging Economies in APAC 4.1.2 High Demand from Existing and Emerging Applications 4.1.3 Increasing Demand for Energy Efficiency 4.1.4 Growth Opportunities/Investment Opportunities 4.2 Drivers 4.3 Constraints 4.4 Impact of COVID-19 5 Market Factor Analysis 5.1 Porters Five Forces 5.1.1 Bargaining power of suppliers 5.1.2 Bargaining power of buyers 5.1.3 Threat of substitutes 5.1.4 Threat of new entrants 5.1.5 Competitive rivalry 5.2 Value Chain Analysis/Supply Chain Analysis 6 Consumer behaviour analysis/Consumer Research 6.1 Consumer trends and preferences 6.2 Factors affecting buying decision 6.3 Consumer product adoption 6.4 Observation & Recommendations 7 Microspheres Market, By Type 7.1 Hollow DATA TABLE Hollow Market Forecast to 2028 (US$ MN) 7.2 Solid DATA TABLE Solid Market Forecast to 2028 (US$ MN) 8 Microspheres Market, By Product 8.1 Bioadhesive Microspheres DATA TABLE Bioadhesive Microspheres Market Forecast to 2028 (US$ MN) 8.2 Floating Microspheres DATA TABLE Floating Microspheres Market Forecast to 2028 (US$ MN) 8.3 Magnetic Microspheres DATA TABLE Magnetic Microspheres Market Forecast to 2028 (US$ MN) 8.4 Polyethylene Microspheres DATA TABLE Polyethylene Microspheres Market Forecast to 2028 (US$ MN) 8.5 Polystyrene Microspheres DATA TABLE Polystyrene Microspheres Market Forecast to 2028 (US$ MN) 8.6 Radioactive Microspheres DATA TABLE Radioactive Microspheres Market Forecast to 2028 (US$ MN) 8.7 Polymeric Microspheres DATA TABLE Polymeric Microspheres Market Forecast to 2028 (US$ MN) 8.7.1 Biodegradable Polymeric Microspheres DATA TABLE Biodegradable Polymeric Microspheres Market Forecast to 2028 (US$ MN) 8.7.2 Synthetic Polymeric Microspheres DATA TABLE Synthetic Polymeric Microspheres Market Forecast to 2028 (US$ MN) 9 Microspheres Market, By Raw Material 9.1 Ceramic DATA TABLE Ceramic Market Forecast to 2028 (US$ MN) 9.2 Expanded Polymer Microspheres DATA TABLE Expanded Polymer Microspheres Market Forecast to 2028 (US$ MN) 9.3 Fly Ash (Cenospheres) DATA TABLE Fly Ash (Cenospheres) Market Forecast to 2028 (US$ MN) 9.4 Foam Glass Granulates DATA TABLE Foam Glass Granulates Market Forecast to 2028 (US$ MN) 9.5 Hollow Glass Microspheres DATA TABLE Hollow Glass Microspheres Market Forecast to 2028 (US$ MN) 9.6 Metallic DATA TABLE Metallic Market Forecast to 2028 (US$ MN) 9.7 Natural Polymers DATA TABLE Natural Polymers Market Forecast to 2028 (US$ MN) 9.8 Perlite Microspheres DATA TABLE Perlite Microspheres Market Forecast to 2028 (US$ MN) 9.9 Solid Glass Microspheres DATA TABLE Solid Glass Microspheres Market Forecast to 2028 (US$ MN) 9.10 Solid Polymer DATA TABLE Solid Polymer Market Forecast to 2028 (US$ MN) 10 Microspheres Market, By Application 10.1 Adhesives DATA TABLE Adhesives Market Forecast to 2028 (US$ MN) 10.2 Biocides DATA TABLE Biocides Market Forecast to 2028 (US$ MN) 10.3 Coating Intermediate DATA TABLE Coating Intermediate Market Forecast to 2028 (US$ MN) 10.4 Curing Agents DATA TABLE Curing Agents Market Forecast to 2028 (US$ MN) 10.5 Drug Carriers DATA TABLE Drug Carriers Market Forecast to 2028 (US$ MN) 10.6 Lubricants DATA TABLE Lubricants Market Forecast to 2028 (US$ MN) 10.7 Nylon Synthesis DATA TABLE Nylon Synthesis Market Forecast to 2028 (US$ MN) 10.8 Pulmonary Drug Delivery DATA TABLE Pulmonary Drug Delivery Market Forecast to 2028 (US$ MN) 10.9 Tissue Regeneration DATA TABLE Tissue Regeneration Market Forecast to 2028 (US$ MN) 10.10 Water Treatment Chemicals DATA TABLE Water Treatment Chemicals Market Forecast to 2028 (US$ MN) 11 Microspheres Market, By End User 11.1 Aerospace DATA TABLE Aerospace Market Forecast to 2028 (US$ MN) 11.2 Agriculture Materials DATA TABLE Agriculture Materials Market Forecast to 2028 (US$ MN) 11.3 Automotive DATA TABLE Automotive Market Forecast to 2028 (US$ MN) 11.4 Construction Composites DATA TABLE Construction Composites Market Forecast to 2028 (US$ MN) 11.5 Consumer Goods DATA TABLE Consumer Goods Market Forecast to 2028 (US$ MN) 11.6 Cosmetics & Personal Care DATA TABLE Cosmetics & Personal Care Market Forecast to 2028 (US$ MN) 11.7 Healthcare DATA TABLE Healthcare Market Forecast to 2028 (US$ MN) 11.8 Life Science & Biotechnology DATA TABLE Life Science & Biotechnology Market Forecast to 2028 (US$ MN) 11.9 Marine DATA TABLE Marine Market Forecast to 2028 (US$ MN) 11.10 Medical Technology DATA TABLE Medical Technology Market Forecast to 2028 (US$ MN) 11.11 Oil & Gas DATA TABLE Oil & Gas Market Forecast to 2028 (US$ MN) 11.12 Paints & Coatings DATA TABLE Paints & Coatings Market Forecast to 2028 (US$ MN) 11.13 Petrochemical DATA TABLE Petrochemical Market Forecast to 2028 (US$ MN) 11.14 Plastic & Rubber DATA TABLE Plastic & Rubber Market Forecast to 2028 (US$ MN) 11.15 Specialty Microsphere Industry DATA TABLE Specialty Microsphere Industry Market Forecast to 2028 (US$ MN) 11.16 Textile DATA TABLE Textile Market Forecast to 2028 (US$ MN) 12 Microspheres Market, By Geography 12.1 North America DATA TABLE North America Market Forecast by Countries to 2028 (US$ MN) 12.1.1 US 12.1.2 Canada 12.1.3 Mexico 12.2 Europe DATA TABLE Europe Market Forecast by Countries to 2028 (US$ MN) 12.2.1 Germany 12.2.2 U.K 12.2.3 Italy 12.2.4 France 12.2.5 Spain 12.2.6 Rest of Europe 12.3 Asia Pacific DATA TABLE Asia Pacific Market Forecast by Countries to 2028 (US$ MN) 12.3.1 China 12.3.2 Japan 12.3.3 India 12.3.4 Australia 12.3.5 New Zealand 12.3.6 Rest of Asia Pacific 12.4 Middle East DATA TABLE Middle East Market Forecast by Countries to 2028 (US$ MN) 12.4.1 Saudi Arabia 12.4.2 UAE 12.4.3 Rest of Middle East 12.5 Latin America DATA TABLE Latin America Market Forecast by Countries to 2028 (US$ MN) 12.5.1 Argentina 12.5.2 Brazil 12.5.3 Rest of Latin America 12.6 Rest of the World (RoW) DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2028 (US$ MN) 12.6.1 South Africa 12.6.2 Others 13 Key Player Activities 13.1 Acquisitions & Mergers 13.1 Agreements, Partnerships, Collaborations and Joint Ventures 13.1 Product Launch & Expansions 13.1 Other Activities 14 Leading Companies 14.1 Advanced Polymers International 14.2 Asia Pacific Microspheres 14.3 Bangs Laboratories Inc. 14.4 Ceno Technologies 14.5 Cospheric LLC 14.6 Dennert Poraver GmbH 14.7 Durgesh Merchandise Pvt. Ltd 14.8 Nanjing Jianzun Glass Microsphere Plant Co., Ltd 14.9 Omya AG 14.10 Petra India Group 14.11 Polysciences Inc. 14.12 Qingdao Eastchem Inc. 14.13 Reslab Microfiller 14.14 Spherotech Inc 14.15 The Kish Compmay, Inc List of Tables Table 1 Global Microspheres Market By Region, Market Forecast (2018-2028) (US $MN) Table 2 Global Microspheres Market By Type, Market Forecast (2018-2028) (US $MN) Table 3 Global Microspheres Market By Hollow, Market Forecast (2018-2028) (US $MN) Table 4 Global Microspheres Market By Solid, Market Forecast (2018-2028) (US $MN) Table 5 Global Microspheres Market By Product, Market Forecast (2018-2028) (US $MN) Table 6 Global Microspheres Market By Bioadhesive Microspheres, Market Forecast (2018-2028) (US $MN) Table 7 Global Microspheres Market By Floating Microspheres, Market Forecast (2018-2028) (US $MN) Table 8 Global Microspheres Market By Magnetic Microspheres, Market Forecast (2018-2028) (US $MN) Table 9 Global Microspheres Market By Polyethylene Microspheres, Market Forecast (2018-2028) (US $MN) Table 10 Global Microspheres Market By Polystyrene Microspheres, Market Forecast (2018-2028) (US $MN) Table 11 Global Microspheres Market By Radioactive Microspheres, Market Forecast (2018-2028) (US $MN) Table 12 Global Microspheres Market By Polymeric Microspheres, Market Forecast (2018-2028) (US $MN) Table 13 Global Microspheres Market By Biodegradable Polymeric Microspheres, Market Forecast (2018-2028) (US $MN) Table 14 Global Microspheres Market By Synthetic Polymeric Microspheres, Market Forecast (2018-2028) (US $MN) Table 15 Global Microspheres Market By Raw Material, Market Forecast (2018-2028) (US $MN) Table 16 Global Microspheres Market By Ceramic, Market Forecast (2018-2028) (US $MN) Table 17 Global Microspheres Market By Expanded Polymer Microspheres, Market Forecast (2018-2028) (US $MN) Table 18 Global Microspheres Market By Fly Ash (Cenospheres), Market Forecast (2018-2028) (US $MN) Table 19 Global Microspheres Market By Foam Glass Granulates, Market Forecast (2018-2028) (US $MN) Table 20 Global Microspheres Market By Hollow Glass Microspheres, Market Forecast (2018-2028) (US $MN) Table 21 Global Microspheres Market By Metallic, Market Forecast (2018-2028) (US $MN) Table 22 Global Microspheres Market By Natural Polymers, Market Forecast (2018-2028) (US $MN) Table 23 Global Microspheres Market By Perlite Microspheres, Market Forecast (2018-2028) (US $MN) Table 24 Global Microspheres Market By Solid Glass Microspheres, Market Forecast (2018-2028) (US $MN) Table 25 Global Microspheres Market By Solid Polymer, Market Forecast (2018-2028) (US $MN) Table 26 Global Microspheres Market By Application, Market Forecast (2018-2028) (US $MN) Table 27 Global Microspheres Market By Adhesives, Market Forecast (2018-2028) (US $MN) Table 28 Global Microspheres Market By Biocides, Market Forecast (2018-2028) (US $MN) Table 29 Global Microspheres Market By Coating Intermediate, Market Forecast (2018-2028) (US $MN) Table 30 Global Microspheres Market By Curing Agents, Market Forecast (2018-2028) (US $MN) Table 31 Global Microspheres Market By Drug Carriers, Market Forecast (2018-2028) (US $MN) Table 32 Global Microspheres Market By Lubricants, Market Forecast (2018-2028) (US $MN) Table 33 Global Microspheres Market By Nylon Synthesis, Market Forecast (2018-2028) (US $MN) Table 34 Global Microspheres Market By Pulmonary Drug Delivery, Market Forecast (2018-2028) (US $MN) Table 35 Global Microspheres Market By Tissue Regeneration, Market Forecast (2018-2028) (US $MN) Table 36 Global Microspheres Market By Water Treatment Chemicals, Market Forecast (2018-2028) (US $MN) Table 37 Global Microspheres Market By End Users, Market Forecast (2018-2028) (US $MN) Table 38 Global Microspheres Market By Aerospace, Market Forecast (2018-2028) (US $MN) Table 39 Global Microspheres Market By Agriculture Materials, Market Forecast (2018-2028) (US $MN) Table 40 Global Microspheres Market By Automotive, Market Forecast (2018-2028) (US $MN) Table 41 Global Microspheres Market By Construction Composites, Market Forecast (2018-2028) (US $MN) Table 42 Global Microspheres Market By Consumer Goods, Market Forecast (2018-2028) (US $MN) Table 43 Global Microspheres Market By Cosmetics & Personal Care, Market Forecast (2018-2028) (US $MN) Table 44 Global Microspheres Market By Healthcare, Market Forecast (2018-2028) (US $MN) Table 45 Global Microspheres Market By Life Science & Biotechnology, Market Forecast (2018-2028) (US $MN) Table 46 Global Microspheres Market By Marine, Market Forecast (2018-2028) (US $MN) Table 47 Global Microspheres Market By Medical Technology, Market Forecast (2018-2028) (US $MN) Table 48 Global Microspheres Market By Oil & Gas, Market Forecast (2018-2028) (US $MN) Table 49 Global Microspheres Market By Paints & Coatings, Market Forecast (2018-2028) (US $MN) Table 50 Global Microspheres Market By Petrochemical, Market Forecast (2018-2028) (US $MN) Table 51 Global Microspheres Market By Plastic & Rubber, Market Forecast (2018-2028) (US $MN) Table 52 Global Microspheres Market By Specialty Microsphere Industry, Market Forecast (2018-2028) (US $MN) Table 53 Global Microspheres Market By Textile, Market Forecast (2018-2028) (US $MN) NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.

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