Global Glass Microspheres Market Research Report
- Report Code: CH 1470
- Publish Date: Upcoming
The global glass microspheres market is majorly driven by high demand from current & emerging applications, superior structural properties, development and modernization of infrastructure. The report estimates the market size of global glass microspheres market both in terms of volume and revenue. The report provides a comprehensive review of major market drivers, challenges, and key issues. Global glass microspheres market was valued at $1,220.45 million in 2013 and is expected to reach $1,993.36 million by 2019, growing at a CAGR of 12.4% from 2014 to 2019.
Glass microspheres are generally made up of soda lime borosilicate glass and filled with inert gas or air when hollow glass microspheres are required. The report ‘Global glass microspheres market’ analyzes the glass microsphere market by applications for seven major applications namely construction composites, medical technology, life science & biotechnology, paints & coatings, cosmetic & personal care, oil & gas, automotive, aerospace, and others. All of these applications of glass microspheres experienced a positive growth till 2013 and are expected to continue the same in coming years. Construction composites holds majority of the share in the global glass microspheres market. Medical technology markets have been witnessing the maximum growth. Majority of the companies in the glass microspheres market have been relying on R&D to develop highly sophisticated products.
The report Global glass Microspheres market covers the analysis of types of glass microspheres available based that is hollow and solid. The hollow glass microspheres have low density and are mainly used to reduce the weight in composites especially in aerospace, automotive, oil, and gas, etc. Hollow glass microsphere market holds majority of the share of global glass microspheres market.
The report covers global glass microspheres market and its trends concerning with major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America is the dominant country for the consumption of glass microspheres in the region and is estimated to experience high growth. Latin America is projected to witness high growth and is projected to grow at a CAGR of 13.6% for the forecasted period.
This report is focused on the detailed study of the Global Glass Microspheres Market, based on its applications that utilized in different regions. The glass microsphere market is further analyzed, based on its applications, for the major countries in various regions. Further, as a part of qualitative analysis, the research report provides a comprehensive review of important drivers, restraints, opportunities, and key issues in the global glass microspheres market. The report also provides an extensive competitive landscaping of companies operating in this market. Global glass microspheres market also includes the company profiling and competitive strategies adopted by various market players including 3M, AkzoNobel Expancel, Cospheric LLC, Sigmund Linder GmbH, Potters Industries LLC, Momentive Performance Materials Holdings LLC, Dennert Poraver GmbH, and Henkel AG & Co. KGaA.
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North America Glass Microspheres Glass Microspheres-North America market was valued at $524.05 million in 2013 and is projected to reach $945.9 million at a CAGR of 12.5% by 2018. Some of the companies included in the analysis of Glass Microspheres-North America are 3M Company, AkzoNobel N.V., Cospheric LLC, Dennert Poraver Gmbh, EKO Export SA, Induchem Holding Ag, Merit Medical Systems, Inc., Mo Sci Corp, Momentive Performance Materials Inc. |
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Latin America Glass Microspheres Glass Microspheres-Latin America market was valued at $30.36 million in 2013 and is projected to reach $57.34 million at a CAGR of 13.6% by 2018. Glass Microspheres-Latin America market can be segmented by Ingredients, Applications and Companies. |
Upcoming |
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Europe Glass Microspheres Glass Microspheres-Europe market was pegged at $353.50 million in 2013 and constituted 30.16% of the Global Glass Microspheres market. The Glass Microspheres- Europe market is expected to grow at the CAGR of 12.0% to reach $ 624.29 million by 2018.It is segmented on the basis of application and Geographies. |
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Middle East and Africa Glass Microspheres Glass Microspheres-Middle East and Africa market was valued at $52.87 million in 2013 and is projected to reach $85.46 million at a CAGR of 10.1% by 2018. Glass Microspheres-Middle East and Africa market can be segmented by Ingredients, Applications and Companies. |
Upcoming |
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Asia-Pacific Glass Microspheres Glass Microspheres-Asia Pacific market was valued at $193.84 million in 2013 and is projected to reach $358.38 million at a CAGR of 13.1% by 2018. Glass Microspheres-Asia-Pacific can be segmented by Ingredients, Applications and Companies. Ingredients of Glass Microspheres-Asia-Pacific are Glass and Ceramic. Applications of Glass Microspheres-Asia-Pacific are Biomaterials, Building & Construction, Cosmetics, Oil |
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Hollow Glass Microspheres The global hollow glass microspheres market is projected to reach USD 352.8 million by 2021, at a CAGR of 7.5% from 2016 to 2021. Hollow glass microspheres possess unique structural properties, such as low weight, high strength, thermal and acoustic insulation, abrasion resistance, dimensional stability, and electrical conductivity. These properties make hollow glass microspheres the most preferable filler for industries, such as medical devices, solar panels, drug delivery, and others. The growing demand from the aerospace & defense industry has led to significant developments in the hollow glass microspheres market. Extensive use of hollow glass microspheres is also visible in specialty applications, such as adhesives, automotive & specialty coatings, cosmetics, EMI shielding, offshore products, and composites. |
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Solid Glass Microspheres Solid Glass Microspheres and Hollow Glass Microspheres adds up to total |
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