According to a new country report published by Lucintel, the future of the microsphere market in the United States looks promising with opportunities in the medical technology, composites, and life sciences and biotechnology industries. The microsphere market in the United States is primarily driven by the growing demand for higher efficiency and lightweight materials and superior structural and enhanced properties of microsphere over conventional fillers.
This report studies factors affecting the microsphere market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel predicts that hollow microsphere is expected to show above average growth during the forecast period supported by growing demand for low density and superior quality in high-end applications. Within the microsphere market in the United States, glass microsphere is expected to remain the largest market. Glass microspheres provide lower viscosity, high melting point, and higher chemical resistance than other types of microspheres, which is expected to spur growth for this segment over the forecast period.
Emerging trends, which have a direct impact on the dynamics of the microsphere industry, include continuous improvements in existing products to intensify the penetration level and long-term sustainability, biodegradable microspheres, and increasing focus on growing markets by expansion and alliances (Mergers and Acquisitions).
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the microsphere market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Microsphere Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the microsphere market in the United States by application, product type, and material type as follows:
Microsphere market by application [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Composites
• Medical Technology
• Life Sciences and Biotechnology
• Cosmetics and Personal Care
• Paint and Coatings
• Others
Microsphere market by Material [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Glass Microsphere
• Polymer Microsphere
• Ceramic Microsphere
• Fly Ash Microsphere
• Metallic Microsphere
• Others
Microsphere market by Product Type [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Hollow microspheres
• solid Microsphere
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-microsphere.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com