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Insights on the Microspheres Global Market to 2026 – by Type, Raw Material, Application and Region – ResearchAndMarkets.com

June 9, 2021 Off By BusinessWire

DUBLIN–(BUSINESS WIRE)–The “Microspheres Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global microspheres market reached a value of US$ 4.6 Billion in 2020. Looking forward, the publisher expects the global microspheres market to grow at a CAGR of 8.50% during 2021-2026.

Microspheres refer to solid sphere-shaped particles available in sizes ranging from 1 to 1000 m. They are usually made using glass, ceramic, fly ash, metal and polymers and have controlled opacity, particle size distribution, gravity and electrostatic charge. In the medical sector, microspheres are used for drug administration and embolization, along with testing and development of medical equipment. They are lightweight, have portability and high compression abilities owing to which, they are used in the production of elastics, plastics, steel, automobiles, beauty care and personal care products. They are also used for developing low thickness boring liquid and concrete slurry for oil and gas extraction activities. In addition, they find extensive applications across aviation, aerospace, defense and construction sectors.

The thriving pharmaceutical and medical industries, along with the growing need for advanced drug delivery systems, is the key factor driving the growth of the market. Furthermore, microspheres are gaining traction for bone tissue engineering and radioembolization to treat liver cancer, along with the development of biopharmaceuticals. In the oil and gas industry, they are used for torque control in drilling fluids and mud lubricity in drilling machines. There is also an increase in the demand for paints and powder coatings that utilize microspheres for their high strength, low viscosity, gloss control and radiation curable properties. Moreover, factors including growing spending capacity of consumers, increasing research and development (R&D) in life sciences and biotechnology and the growing prevalence of lifestyle diseases are also favoring the market growth.

Companies Mentioned

  • 3M
  • AkzoNobel
  • Nouryon
  • Matsumoto Yushi-Seiyaku Company
  • Chase Corporation
  • Trelleborg
  • Momentive Performance Materials
  • Potters Industries
  • Luminex Corporation
  • Merit Medical Systems
  • Bangs Laboratories
  • Cospheric
  • Asia Pacific Microspheres
  • Mo-Sci Corporation
  • Sigmund Lindner
  • SIR-Spheres

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Microspheres Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Type

5.5 Market Breakup by Raw Material

5.6 Market Breakup by Application

5.7 Market Breakup by Region

5.8 Market Forecast

6 Market Breakup by Type

7 Market Breakup by Raw Material

8 Market Breakup by Application

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porter’s Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/mprhf4

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