Global Polymer Microspheres Market
PMMA Microspheres Market
The market has been estimated at USD XX million in 2015 and is projected to reach USD XX million by 2020, at a CAGR of XX% during the forecast period from 2015 - 2020. PMMA microspheres or Polymethylmethacrylate microspheres are also referred to as acrylic microspheres. PMMA polymer is hard and stiff and offers good abrasion and UV resistance along with excellent optical clarity. PMMA microspheres are soluble in organic solvents such as acetone, benzene, or halogenated hydrocarbons. PMMA Microspheres are used in a wide range of industries, such as mating agents for sheet metals, cosmetic additives, additives in paints etc., owing to their light diffusing ability, amorphous & colourless nature, transparency and thermoplasticity.
The market is driven by factors like increasing use of PMMA microspheres in lighting fixtures and the growing global demand for LCD/LED screens. However, this market faces certain downsides due to its high production costs and a threat posed from substitute materials. These factors may act as an obstruction to the growth of the market.
The global PMMA Microspheres market, on the basis of applications is broadly segmented into Anti-inhibitor, cosmetic additive, ceramic porogen, modified plastic additive, paints & inks additive, matting agent, light diffusing agent and other applications. On the basis of end-user industry, the market is divided into LCD/LED, films, sheet metal, cosmetics, medical, ceramics, plastics, paints & coatings and rubber industry. Among these segments, the medical & healthcare industry has the highest market share of XX% and is expected to be the fastest growing sector in the forecast period. This is due to the increased use of the product as fillers in cosmetic surgeries and bulking agents for tissues.
The market has also been geographically segmented into APAC, North America, Europe, South America, and MEA. In terms of consumption in 2015, APAC led the market with a share of xx.xx%. It was followed by Europe and North America. The large manufacturing capacities in Asia-Pacific have made the region an area of immense potential and opportunities.
The advancements in medical science & technology provide great opportunities for the growth of PMMA microspheres market. Some of the major companies dominating this market for its products and continuous product developments are 3M, Cospheric LLC, Polysciences Inc. and MicroChem.
Key Deliverables in the Study
Market analysis for the Global PMMA Microspheres Market, with region specific assessments and competition analysis on global and regional scales
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 global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Global PMMA Microspheres market on both global and regional scales
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
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