Industrial, Manufacturing & Heavy Industry Market News

Microspheres market is estimated to reach USD 6.68 billion by 2022 according to market forecasts

Industrial Market Research

The global microspheres market size was USD 3.98 billion in 2016 and is projected to reach USD 6.68 billion by 2022, at a CAGR of 9.02% between 2017 and 2022. The report includes company profiles of major players and recent activities in the market such as new product launches, expansions, and acquisitions. Some of the major companies profiled in this report are 3M (U.S.), Potters Industries LLC (U.S.), Akzo Nobel N.V.(Netherlands), 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.).

- Advertising -

Browse Sample Papers of “Microspheres Market “spread across 165 Pages, Profiling 10 Companies and Supported with 84 Tables and 93 Figures is now available at: www.reportsnreports.com/contacts/r….aspx?name=254208

“Microspheres market is projected to reach USD 6.68 billionby 2022”

The global microspheres market size was USD 3.98 billion in 2016 and is projected to reach USD 6.68 billion by 2022, at a CAGR of 9.02% between 2017 and 2022. The growing demand from major applications such as medical technology, cosmetics & personal care, oil & gas, and life science & biotechnology is expected to drive the demand for microspheres.

The growing healthcare services sector is significantly driving the demand for microspheres. Fluctuating price of raw materials and lack of quality control across developing countries are the major restraints for the microspheres market.

- Advertising -

Report: www.reportsnreports.com/contacts/.aspx?name=254208

Premium Insights
1 Attractive Market Opportunities for Microspheres Manufacturers
2 Rapid Growth of the Microspheres Market
3 Hollow Microspheres Dominates the Microspheres Market
4 Medical Technology is Expected to Be the Fastest Growing Application of Microspheres
5 Glass Microspheres Dominates the Market

6 Microspheres Market Attractiveness
7 Lifecycle Analysis

“Medical technology application expected to witness highest growth rate during forecast period”

The medical technology application is expected to witness the highest growth rate between 2017and 2022. The demand for microspheres is increasing in medical technology application for controlled drug release delivery systems.

The advantage of using microspheres in drug-delivery matrix is that they can encapsulate many types of drugs, including small molecules, proteins, and nucleic acids, and can be easily administered through a syringe needle. They are generally biocompatible, can provide high bio availability, and are capable of sustained release for long periods of time.

Report at:

www.reportsnreports.com/contacts/.aspx?name=254208

“Latin America and Asia-Pacific projected to be the fastest-growing markets during forecast period”

Latin America is projected to be the fastest-growing microspheres market during the forecast period. Growing demand for microspheres in medical technology and cosmetics & personal care applications is driving the demand for microspheres in the region.

Asia-Pacific is estimated to be the second-fastest growing microspheres market due to the growing healthcare and construction industries.

Break-up of profiles of primary participants for the report

  • By Company Type:Tier 1–37%, Tier 2–50%, and Tier 3–13%
  • By Designation:C Level– 50%, Director Level–31%, and Others–19%
  • By Region:North America–32%, Europe–39%, Asia-Pacific–13%, Middle East & Africa – 10%, and South America – 6%

The report includes company profiles of major players and recent activities in the market such as new product launches, expansions, and acquisitions. Some of the major companies profiled in this report are 3M (U.S.), Potters Industries LLC (U.S.), Akzo Nobel N.V.(Netherlands), 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.).

Research Coverage:

The research study includes a detailed segmentation of the global microspheres market based on application, type, raw material, and region. Apart from the market segmentation, this report also covers the Porter’s five forces analysis for an in-depth analysis of the market.

Report at:

www.reportsnreports.com/.aspx?name=254208

News From

ReportsnReports - Industry Trends & ForecastsReportsnReports
Category: Market Research Publishers and RetailersCompany about: ReportsnReports.com provides market research reports to industries, individuals and organizations with an objective of helping them in their decision-making process. Our library of 400,000+ industry & country research reports covers 5000+ micro markets.
This email address is being protected from spambots. You need JavaScript enabled to view it.