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PMMA Microspheres Market

PMMA Microspheres Market Size and Segment By Application (Signs & Displays, Cosmetics Additives, Paints & Ink Additives, Polymers & Films, Others), By End-use Industry (Lifesciences & Medical, Personal Care & Cosmetics, Paints & Coatings, Plastics, Others), by Regions and Global Forecast 2022-2028

Report Id: SNS/C&M/1724 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

PMMA Microspheres Market Size was valued at USD 303.81 million in 2021, and expected to reach USD 475.22 million by 2028, and grow at a CAGR of  6.6 % over the forecast period 2022-2028. Microspheres are small, spherical particles that are used to change the properties of materials like glass ceramics, polymers, metals and fly ash.  They convey a blend of their physical and chemical qualities when used as fillers or additives, resulting in an improvised form of the substance. To boost the volume to weight ratio, volume fillers such as silica, glass, and ceramic-based microspheres are routinely utilised.  PMMA microspheres are noted for their optical purity, transparency, and mechanical durability. They are mostly used in flat display panels and coatings, but they also contribute significantly to other industries like as cosmetics, polymers & films, printing inks, and medical.

PMMA Microspheres Market Revenue Graph

Market Dynamics:

Drivers:

  • In the life sciences and medical industries, there is a growing demand.

  • Increasing growth of end-use industries

Restraints:

  • The high cost of PMMA.

Opportunity:

  • Several industries are seeing significant investment.

Challenge:

  • Having a Negative Impact on the Environment

Impact of Covid-19:

The pandemic had a negative impact on the PMMA microspheres sector.Various countries throughout the world went into lockdown as a result of the epidemic to prevent the virus from spreading further.  As a result, the supply and demand chain was disrupted, negatively impacting the market. Due of the pandemic crisis, industries, manufacturing units, infrastructure projects, and other operations have been put on hold for the previous two years. The COVID-19 pandemic and the variable price of raw materials needed to create PMMA microspheres have hampered the expansion of the PMMA microspheres market. On the plus side, corporations anticipate a return to normalcy and an improvement in the market in the near future. Countries such as China and the United States, among others, are resuming normal operations.

Key Players:

 Sunjin Chemical Co. Ltd., Matsumoto Yushi Seiyaku Co. Ltd, Cospheric LLC., Polysciences Inc., J Color Chemicals Corp. Ltd., Goodfellow USA, Sekisui Plastics Co. Ltd., Microbeads AS.,  Phosphorex Inc, Microchem Silliker Pvt. Ltd, other players.

Market Segmentation:

By Application

  • Signs & Displays

  • Cosmetics Additives

  • Paints & Ink Additives

  • Polymers & Films

  • Others

By End-use Industry

  • Lifesciences & Medical

  • Personal Care & Cosmetics

  • Paints & Coatings

  • Plastics

  • Others

PMMA Microspheres Market Segment Pie Chart

Regional Analysis:

By value, the Asia-Pacific market is expected to have the largest share, and growth in the Asian region can be attributed to key player collaboration, high-demand end-use industries, expanded manufacturing capacity, and increased government spending. The Asia-Pacific market offers manufacturers significant potential prospects and is expected to grow at the fastest rate. Furthermore, many global corporations are building new facilities and preparing to grow, which will be followed by technical developments in the European region, which is predicted to have a significant market. The well-established life sciences and medical business in the United States and Canada, which has greatly boosted demand, was expected to drive up demand for PMMA microspheres in North America.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

PMMA Microspheres Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 303.81 Million
Market Size by 2028 US$ 475.22 Million
CAGR CAGR of 6.6% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Application (Signs & Displays, Cosmetics Additives, Paints & Ink Additives, Polymers & Films, Others)
• By End-use Industry (Lifesciences & Medical, Personal Care & Cosmetics, Paints & Coatings, Plastics, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Sunjin Chemical Co. Ltd., Matsumoto Yushi Seiyaku Co. Ltd, Cospheric LLC., Polysciences Inc., J Color Chemicals Corp. Ltd., Goodfellow USA, Sekisui Plastics Co. Ltd., Microbeads AS.,  Phosphorex Inc, Microchem Silliker Pvt. Ltd, other players.
DRIVERS • In the life sciences and medical industries, there is a growing demand.
• Increasing growth of end-use industries
Restraints • The high cost of PMMA.


Frequently Asked Questions (FAQ) :

Ans: Primary or secondary type of research done by this reports.

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: The pandemic had a negative impact on the PMMA microspheres sector.Various countries throughout the world went into lockdown as a result of the epidemic to prevent the virus from spreading further.  As a result, the supply and demand chain was disrupted, negatively impacting the market. Due of the pandemic crisis, industries, manufacturing units, infrastructure projects, and other operations have been put on hold for the previous two years. The COVID-19 pandemic and the variable price of raw materials needed to create PMMA microspheres have hampered the expansion of the PMMA microspheres market. On the plus side, corporations anticipate a return to normalcy and an improvement in the market in the near future. Countries such as China and the United States, among others, are resuming normal operations.

Ans: The high cost of PMMA are the restraints for PMMA Microspheres Market.

Ans: PMMA Microspheres Market Size was valued at USD 303.81 million in 2021, and expected to reach USD 475.22 million by 2028, and grow at a CAGR of  6.6 % over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.PMMA Microspheres Market Segment, By Application

8.1 Signs & Displays

8.2 Cosmetics Additives

8.3 Paints & Ink Additives

8.4 Polymers & Films

8.5 Others

 

9.PMMA Microspheres Market Segment, By End-use Industry

9.1 Lifesciences & Medical

9.2 Personal Care & Cosmetics

9.3 Paints & Coatings

9.4 Plastics

9.5 Others

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

11. Company Profile

11.1 Sunjin Chemical Co. Ltd.

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 Matsumoto Yushi Seiyaku Co. Ltd

11.3 Cospheric LLC.

11.4  Polysciences Inc.

11.5  J Color Chemicals Corp. Ltd.

11.6  Goodfellow USA

11.7  Sekisui Plastics Co. Ltd.

11.8 Microbeads AS.

11.9  Phosphorex Inc.

11.12 Microchem Silliker Pvt. Ltd.

 

12. Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13. Conclusion

 

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