MARKET INTRODUCTION
Expandable microspheres are the microscopic spheres that comprise of a thermoplastic shell encapsulating a low boiling point liquid hydrocarbon. On heating to a temperature high enough to soften the thermoplastic shell, the rising pressure of the hydrocarbon will cause the microsphere to expand.
MARKET DYNAMICS
The global expandable microspheres market is growing at a significant pace owing to its extensive use as a lightweight and blowing agent. Furthermore, the increasing, increasing demand for expandable microspheres from the automobile industry is likely to drive the demand for expandable microspheres in the coming years. However, the application of halogenated hydrocarbons in the expandable microspheres is projected to hinder the growth of the expandable microspheres market. Likewise, the increasing use of microspheres in building materials such as paint, flooring material, synthetic wood, and others may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global Expandable Microspheres Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the expandable microspheres market with detailed market segmentation by type, end-use industry, and geography. The global expandable microspheres market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading expandable microspheres market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global expandable microspheres market is segmented on the basis of type and end-use industry. On the basis of type, the expandable microspheres market is segmented into, dry and wet. Based on end-use industry, the global expandable microspheres market is segmented into, automotive, construction, sports and leisure, consumer goods, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global expandable microspheres market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The expandable microspheres market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the expandable microspheres market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the expandable microspheres market in these regions.
MARKET PLAYERS
The reports cover key developments in the expandable microspheres market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from expandable microspheres market are anticipated to lucrative growth opportunities in the future with the rising demand for expandable microspheres in the global market. Below mentioned is the list of few companies engaged in the expandable microspheres market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the expandable microspheres market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AkzoNobel
- Bublon GmbH
- Chase Corp.
- Kureha Corporation
- Mark Impex
- Matsumoto Yushi-Seiyaku Co.,Ltd
- Nanjing Chemical Material Corp.
- Nouryon
- Sekisui Chemical Co. Ltd.
- The Kish Company
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