Hollow Glass Microsphere Market
Market Synopsis:Hallow glass microsphere are also called as bubbles, microbubbles, or micro balloons. They are usually made out of borosilicate-soda lime glass blend formulation which provides the advantages of low density, high heat and chemical resistance. The walls of glass microspheres are rigid and have thickness of 10% of diameter. They are offered with conductive coatings. These coatings with optimized thickness provides spherical particles with good conductivity and shielding properties.
The major factors impacting the growth of market includes superior structural properties, recyclability, reusability, growing demand from current applications. Increasing demand for efficiency and modernization of infrastructure is one of the driving factor for the growth of market. The increase in infrastructure spending is identified as one of the primary growth factors for this market.
Hollow Glass Microspehere Market
Market Segmentation:On the basis of segmentation, the market is bifurcated into number of segments such as by coating type, by size type, by end-user, and by region. The coating type segment is divided into silver, zinc oxide (ZNO), titania (Tio2), aluminum (AL), nickel-plated, and others. According to the size type the market is fragmented into fine microspheres (1-10um), microspheres (10-1000um). The end-users of the market include aerospace & defense, automotive, healthcare, oil & gas, and others.
Regional Analysis:According to the regional analysis of the market, it is divided into different geographical regions such as North America, Europe, APAC, and LMEA. North America region is considered to be the largest region in this market, owing to high growth of end-use industries, amplified local manufacturing, and increasing number of domestic players. Asia-Pacific region is to be the second fastest growing region due to high demand from medical technology and construction composites application.
Key Players:On the basis of competitive analysis, the market is categorized with major key players including: 3M Company, Trelleborg AB, Potters Industries, Mo-Sci Corporation, Sinosteel Maanshan New Material, Cospheric LLC, Dennert Poraver GmbH, Polysciences, CenoStar Corporation, General Motors, Cardinal Health, Inc., and others. These players adopt various development strategies such as product launch, acquisition, expansion, and others to sustain the growth of the market.
Hollow Glass Microsphere Market SegmentationBy Coating Type:
- Zinc Oxide (ZNO)
- Titania (Tio2)
- Aluminum (AL)
By Size Type:
- Fine Microspheres (1-10um)
- Microspheres (10-1000um)
- Aerospace & Defense
- Oil & Gas
- North America
- Latin America
Research Scope:The study for Hollow Glass Microspehere Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015
Base Year Estimate: 2016
Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
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