Microspheres Market
In terms of demand , North America held the largest share of the microspheres market in 2014 out of which U . S . accounted for the majority share . Huge investments in R & D by the key players in North America has led to increasing number of applications for microspheres , hence contributing to overall market growth . Asia Pacific is the fastest growing market for microspheres over the forecast period . Rapid growth in infrastructure , aerospace , and automotive industries in Asia Pacific is the major driver for growth of microspheres market . In terms of demand , microspheres market in Europe followed that of North America in 2014 . However , the Europe market is estimated to grow at a slower rate compared to North America and Asia Pacific .
The upcoming construction projects in the developing economies of Asia Pacific is expected to drive the demand for microspheres in composites , paints & coatings , and aerospace industry . Microspheres market in Latin America and Middle East & Africa is expected to rise at a moderate rate during the forecast period .
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Few of the key players of the global microspheres market are 3M , Akzo Nobel N . V ., Chase Corporation , Matsumoto Yushi-Seiyaku Co ., Ltd , Luminex Corporation , Sigmund Lindner GmbH , MO-SCI , Cospheric LLC , Nanjing Jianzun Glass Microsphere Plant Co ., Ltd ., Dennert Poraver GmbH , Potters Industries LLC , and Momentive Performance Materials Inc .
The microspheres market has been segmented as follows : Microspheres Market – Product Segment Analysis
• Hollow Microspheres
• Solid Microspheres
Microspheres Market – Material Segment Analysis
• Glass Microspheres
• Polymers Microspheres
• Ceramic Microspheres
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