Middle East & Africa Microspheres Market - Segmented by Type, by Raw Material, by Application, and Geography - Trends and Forecasts (2016 - 2021)
The Middle East & African microspheres market has been estimated at USD XX million in 2016 and is projected to reach USD XX million by 2021, at a CAGR of XX% during the forecast period from 2016 to 2021.
Microspheres are spherical micro particles with their size ranging between 0.1 and 100 micrometers. They are used where consistent and predictable particle surface area is important. Microspheres have external pores on the surface or internal pores in the core. Some uses of these particles include carriers for drugs, high speed chromatography, cell delivery, and tissue regeneration as a scaffold.
Microspheres are most commonly used in the oil & gas industry. The end-user industries for this product include aerospace industry, cosmetics industry, automotive industry, paints & coatings industry, medical technology, composites and others. In 2015, in terms of revenue, XX industry accounted market share of XX% of the Middle-East and African microspheres market.
Market Dynamics of the Middle East & African Microspheres Market:
Advancements in medical science & technology
Recyclability & reusability
Fluctuating prices of the raw materials
High production costs
The Middle East & African microspheres market can be broadly segmented on the basis of types (hollow microspheres, solid microspheres) and on the basis of raw materials (glass, polymers, metallic, ceramics, fly ash, and others). The hollow microsphere segment has a larger market share and is expected to grow at a higher rate than the solid microspheres segment. The microspheres made from fly ash are also termed as cenosphere. The market has also been geographically segmented into Saudi Arabia, South Africa, Qatar, UAE, Kuwait, Algeria, Morocco and the Rest of MEA. Saudi Arabia has the largest market share among other countries in this region.
The market has more relevance today because of the growing demand for microspheres in cancer treatment drugs. Apart from that, the expansion of end-user industries into new and emerging markets has led to new opportunities for the growth of the MEA microspheres market. Some of the major companies dominating this market for its products, services, and continuous product developments are:
Henkel AG & Co. KGaA
Poraver Gmbh Evonik Industries AG
Potters Industries LLC
Sigmund Linder GMBH
Key Deliverables in the Study:
Market analysis for the Middle East & African microspheres market, with country-specific assessments and competition analysis on a regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the MEA microsphere market on both regional and country-specific scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
PDF E-mail From Publisher
Multi User License (2-5 Users) Fulfilled by Publisher