Global Microspheres Market to grow at a CAGR of 10.5% during the period 2016 - 2020; Finds New Report

Report forecast the global microspheres market to grow at a CAGR of 10.5% during the period 2016-2020.

Microspheres are small spherical particles ranging from 1 micrometer to 1 millimeter. These are manufactured both naturally and synthetically. These are innovative raw materials with superior functionality that help improve the quality of the final product at a reduced cost.

Microspheres are categorized based on their chemical composition and material properties. These properties make microspheres suitable for application-specific industries such as paints and coatings, oil and gas, cosmetics and personal care, construction, biotechnology and medicine, medical technology, automotive, aerospace, and medical devices.

Microspheres are also known as

• Beads
• Microbeads
• Microparticles

The report covers the present scenario and the growth prospects of the global microspheres market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top six vendors operating in the market.

The market is divided into the following segments based on geography:

• Americas
• APAC
• Europe
• ROW

According to the report, the medical technology industry produces varied products designed to diagnose and treat patients in healthcare systems worldwide. Medical devices are different from drugs as these do not achieve their required use through chemical reactions and are not metabolized in the body. The microspheres used to manufacture or test medical devices are selected based on specific application needs. In addition, charged or magnetic microspheres are used in imaging techniques.

Further, the report states that the fundamental challenge that the vendors involved in the microspheres market face are the strict approval regulations from the Food and Drug Administration (FDA) or similar bio-safety bodies.

Global Microspheres Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Microspheres Market: 3M, Akzo Nobel, Chase, Momentive Performance Materials, Potters Industries, and Sigmund Linder.

Other Prominent Vendors in the market are: Luminex, MO-SCI, Trelleborg Applied Technologies, Dennert Poraver, Polysciences, and Thermo Fisher Scientific.

Market driver

• Growth of medical technology market
• For a full, detailed list, view our report

Market challenge

• Stringent approval regulations for microspheres use
• For a full, detailed list, view our report

Market trend

• New technology development
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 92 pages and 58 Exhibit “Global Microspheres Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by raw material type, Market segmentation by type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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