Hollow glass microspheres or bubbles are typically made of borosilicate-soda lime and offer various benefits such as low density, chemical resistance, and high heat. The glass microsphere's walls are relatively rigid and have a thickness of over 10% of a sphere's overall diameter. Hollow glass microspheres are increasingly being used to construct energy-efficient building structures by several constructors, designers, and building owners. The product is extensively accepted in coatings to achieve high overall solar reflectance within building coatings.
MARKET DYNAMICS
The hollow glass microspheres market has witnessed a significant growth owing to factors such as increasing application scope in paints and coatings. Moreover, the increasing demand for reduction of greenhouse gas emissions provide a huge market opportunity for the key players operating in the hollow glass microspheres market. However, volatile prices is projected to hamper the overall growth of the hollow glass microspheres market.
MARKET SCOPE
The "Global Hollow Glass Microspheres Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hollow glass microspheres market with detailed market segmentation product, application, and geography. The global hollow glass microspheres market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hollow glass microspheres market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hollow glass microspheres market is segmented on the basis of product and application. On the basis of product, the global hollow glass microspheres market is divided into uncoated and coated. On the basis of application, the global hollow glass microspheres market is divided into paints & coatings, plastic, composites & rubber, transportation, insulation and buoyancy, healthcare.
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 hollow glass microspheres market based on various segments. It also provides marketsize 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 hollow glass 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 hollow glass 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 hollow glass microspheres market in these regions.
MARKET PLAYERS
The reports cover key developments in the hollow glass 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market pl ayers from hollow glass microspheres market is anticipated to lucrative growth opportunities in the future with the rising demand for hollow glass microspheres in the global market. Below mentioned is the list of few companies engaged in the hollow glass microspheres market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hollow glass 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.
- 3M
- Cenostar Corporation
- Cospheric LLC
- Geocon Products
- Kish Compnay Inc
- Mo-Sci Corporation
- Polysciences Inc
- Potters Industries LLC
- Sovitech
- Trellborg AB
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.