Report Scope & Overview:
PMMA Microspheres Market Size was valued at USD 303.34 million in 2022, and expected to reach USD 547 million by 2030, and grow at a CAGR of 6.6% over the forecast period 2023-2030. 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.
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In the life sciences and medical industries, there is a growing demand.
Increasing growth of end-use industries
The high cost of PMMA
Several industries are seeing significant investment
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.
Signs & Displays
Paints & Ink Additives
Polymers & Films
By End-use Industry
Lifesciences & Medical
Personal Care & Cosmetics
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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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
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.
Matsumoto Yushi Seiyaku Co. Ltd-Company Financial Analysis
|Market Size in 2022||US$ 303.34 Million|
|Market Size by 2030||US$ 547 Million|
|CAGR||CAGR of 6.6% From 2023 to 2030|
|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.|
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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
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
9.PMMA Microspheres Market Segment, By End-use Industry
9.1 Lifesciences & Medical
9.2 Personal Care & Cosmetics
9.3 Paints & Coatings
10. Regional Analysis
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11. Company Profile
11.1 Sunjin Chemical Co. Ltd.
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
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