The Asia-Pacific microsphere market is expected to grow at a moderate rate during the forecast period, 2018-2023. The major factor driving the studied market is the growing end-user industries, which is because of the government efforts.
Microspheres are spherical micro particles, with their size ranging from 0.1 to 100 micrometer. They are used where consistent and predictable particle surface area is important. Microspheres have external pores on the surface or internal pores in the core. Some uses of these particles include carriers for drugs, high-speed chromatography, cell delivery, and tissue regeneration as a scaffold.
Asia Pacific economies, such as China, India, and Japan, have been witnessing growth in end-user industries from the past decade. The Indian cosmetics industry is growing at a good pace, due to the increasing awareness and desire to look good. Also, the Japanese healthcare sector is expected to grow, because of new government initiatives, like public insurance program, which are driving the studied market. Therefore, the rising end users are augmenting the production, and hence, driving the microsphere market in Asia-Pacific region.
The Chinese microsphere market is mainly driven by the growing electronics industry. Production and usage of LCD/LED TVs and other electronic devices, such as mobile phones and tablets, are increasing substantially in China, thus, driving the studied market.
The market has been segmented by type, raw material, and end-user industry. By end-user industry, the medical technology segment is expected to dominate the market owing to the increasing demand for cancer treatment drugs in drug delivery systems. The construction segment is expected to increase during the forecast period.
Major Players: 3M, AkzoNobel Expancel, Cospheric LLC, Sigmund Linder GmbH, Potters Industries LLC, Momentive Performance Materials Holdings LLC, Dennert Poraver GmbH, and Henkel AG, amongst others.
1.1 Scope of the Report
1.2 Research Phases
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1.1 Growing End-user Industries in Developing Countries
4.1.2 Recyclability and Reusability
4.1.3 Other Drivers
4.2.1 High Production Costs
4.2.2 Other Restraints
4.3.1 Growing R&D Activities
4.3.2 Other Opportunities
5. Market Segmentation and Analysis - (Market size, Growth, and Forecast)
5.1 By Type
5.2 By Raw Material
5.2.4 Fly ash
5.3 By Application
5.3.4 Oil & Gas
5.3.5 Paints & Coatings
5.3.6 Medical Technology
6. Regional Market Analysis (Market size, Growth, and Forecast)
6.1.4 South Korea
6.1.9 Australia & New Zealand
6.1.10 Rest of APAC
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
9.2 Akzo Nobel NV
9.3 Aveka Manufacturing Inc.
9.4 Bangs Laboratories Inc.
9.5 Celonova Biosciences Inc.
9.6 Chase Corp.
9.7 Cospheric LLC
9.8 Evonik Industries AG
9.9 Henkel AG & Co. KGaA
9.10 Induchem AG
9.11 Luminex Corp.
9.12 Matsumoto Yushi-Seiyaku Co. Ltd
9.13 Merit Medical Systems Inc.
9.14 MO SCI Corp.
9.15 Momentive Performance Materials Inc.
9.16 Nanjing Jianzun Glass Microsphere Plant Co. Ltd
9.18 Potters Industries LLC
9.19 Sirtex Medical Inc.
9.20 Sunjin Beauty Science
9.21 Swarco AG
9.22 Trelleborg AB
9.23 Sigmund Linder GmbH
9.24 Malayan Adhesives & Chemicals SDN BHD
9.25 Polysciences Inc.
9.26 EPRUI Nanoparticles & Microspheres Co. Ltd
9.27 Sinosteel Maanshan New Material Technology Co. Ltd
*List not exhaustive
**Subject to availability on public domain