Microspheres Market worth 7.37 Billion USD by 2021
The report " Microspheres Market by Type ( Hollow and Solid ), Raw Material ( Glass , Ceramic , Fly Ash , Polymer , and Metallic ), Application ( Construction Composites , Medical Technology , Cosmetics & Personal Care , Automotive , Oil & Gas , and Others ) - Global Trends & Forecasts to 2021 ", The global market size of microspheres was USD 3.65 Billion in 2015 and is projected to reach USD 7.37 Billion by 2021 , at a CAGR of 12.14 % between 2016 and 2021 . The high demand from current and emerging applications is expected to drive the market .
Download PDF of this Report at http :// www . marketsandmarkets . com / pdfdownload . asp ? id = 1086
Browse 99 market data Tables and 93 Figures spread through 163 Pages and in-depth TOC on " Microspheres Market - Global Trends & Forecasts to 2021 " http :// www . marketsandmarkets . com / Market-Reports / microsphere-market-1086 . html Early buyers will receive 10 % customization on this report .
Request for Customization of this Report at http :// www . marketsandmarkets . com / requestCustomization . asp ? id = 1086
Hollow microspheres segment captures largest share of the microspheres market
The microspheres market is segmented based on types as hollow and solid . In 2015 , the hollow microspheres segment captured the maximum share of the overall market and is expected to witness high growth rate during the forecast period . The demand for hollow microspheres is increasing because of its low crush strength , density , and absorption that make it suitable for use in various applications .
Growing demand from medical technology application to boost the microspheres market
The microspheres market is also segmented on the basis of applications . The major applications of the microspheres market are construction composites , medical technology , cosmetics & personal care , oil & gas , automotive , life science & technology , and others . Medical technology is the leading application of the microspheres market due to growing demand of microspheres in the healthcare industry for drug delivery systems .
North America is the largest microspheres market
The microspheres market is broadly segmented into six regions , namely , North America , Western Europe , Central Europe , Asia-Pacific , the Middle East & Africa , and South America . North America is the largest microspheres market , closely followed by Western Europe , in terms of value . The rising demand from applications such as medical technology and cosmetics & personal care in this region is driving the microspheres market .
Further Details & Inquiry of this Report at http :// www . marketsandmarkets . com / Enquiry _ Before _ Buying . asp ? id = 1086
Currently , various market players such as 3M ( U . S .), Potters Industries LLC ( U . S .), AkzoNobel N . V . ( Switzerland ), Matsumoto Yushi-Seiyaku Company ( Japan ), Trelleborg AB ( Sweden ), Luminex Corporation ( U . S .), Momentive Performance Materials Inc . ( U . S .), Chase Corporation ( U . S .), Sigmund Lindner GmbH ( Germany ), and Mo Sci Corporation ( U . S .) dominate the global microspheres market .