PMMA Microspheres Market: Current Analysis and Forecast (2021-2027)
June 2022
164
About the Report
About the Report
The market for PMMA microspheres is growing on account of the increasing market for flat panel displays. In flat panel displays, PMMA-based microspheres are preferred over others due to its glass-like optical clarity. Further, due to its outstanding powder flow properties, high dispersibility in application media, good thermostability, and weatherability, PMMA microspheres are widely used in many different fields such as LED lighting fixtures, LCD light diffusion sheets, and film. Further, these spheres are mixed with thermoplastic polymers such as engineered compounds and masterbatches resulting in an effective scattering and diffusion of light without significantly reducing light transmission. Moreover, due to its excellent biocompatibility, they are used in cosmetics, dental, and medical applications. Therefore, owing to its vast application area, the market for PMMA microspheres is likely to showcase significant growth during the forecast period.
Based on the size, the market is categorized into 0-30 micron and above 30 micron. Of both, above 30 microns is expected to showcase substantial growth during the forecast period. This can be attributed to the fact that this type of microsphere is commonly used in medical applications. As the global investment in the medical industry is rapidly increasing in order to improve the global healthcare infrastructure, thus it is expected that it will increase the market for above 30 micron size PMMA microspheres.
Based on application, the market is categorized into signs & displays, cosmetics, paints & coatings and printing, polymers & films, medical, and others. Among these, sign & display held a considerable position in the market and is expected to maintain a strong position during the forecast period. In sign & display, PMMA microspheres are used due to their light diffusion and high optical clarity properties. The market for displays like flat panel displays is huge and continuously growing, thereby maintaining strong demand for PMMA microspheres.
For a better understanding of the market adoption of PMMA Microspheres, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific accounted for a significant share of the market and is expected to showcase substantial growth during the forecast period owing to the large and growing end-use industries of the region. The region is the global manufacturing hub with the largest paints & coatings, display, and polymer industries in the world. These industries consume a large amount of PMMA microspheres, thereby helping the region in maintaining a strong position in the market.
Some of the major players operating in the market include Sekisui Kasei Co. Ltd., Dynea AS, HEYO Enterprises Co. Ltd., Imperial Microspheres, Cospheric LLC, MicroCHEM, Lab261, Nippon Shokubai Co. Ltd., Kobo Products Inc., and Kuraray Co. Ltd. These companies are taking various strategic decisions to increase their market presence and share.
Products
Companies
Sekisui Kasei Co. Ltd., Dynea AS, HEYO Enterprises Co. Ltd., Imperial Microspheres, Cospheric LLC, MicroCHEM, Lab261, Nippon Shokubai Co. Ltd., Kobo Products Inc., and Kuraray Co. Ltd
Table of Contents
Table of Contents
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Limitation
1.3. Stake Holders
1.4. Currency used in Report
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Process of the PMMA Microspheres Market
2.2. Research Methodology of the PMMA Microspheres Market
2.3. Forecasting Method
2.4. Respondent Profile
2.5. Main Objective of the PMMA Microspheres Market Study
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL PMMA MICROSPHERES MARKET COVID-19 IMPACT
6 GLOBAL PMMA MICROSPHERES MARKET REVENUE (USD MN), 2019-2027F
7 MARKET INSIGHTS BY SIZE
7.1. 0-30 Micron
7.2. Above 30 Micron
8 MARKET INSIGHTS BY APPLICATION
8.1. Signs & Displays
8.2. Cosmetics
8.3. Paints & Coatings and Printing Inks
8.4. Polymers & Films
8.5. Medical
8.6. Others
9 MARKET INSIGHTS BY REGION
9.1. North America PMMA Microspheres Market
9.1.1. United States
9.1.2. Canada
9.1.3. Rest of North America
9.2. Europe PMMA Microspheres Market
9.2.1. Germany
9.2.2. France
9.2.3. United Kingdom
9.2.4. Italy
9.2.5. Spain
9.2.6. Rest of Europe
9.3. Asia Pacific PMMA Microspheres Market
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. Australia
9.3.5. Rest of Asia Pacific
9.4. Rest of World PMMA Microspheres Market
10 PMMA MICROSPHERES MARKET DYNAMICS
10.1. Market Drivers
10.2. Market Challenges
10.3. Impact Analysis
11 PMMA MICROSPHERES MARKET OPPORTUNITIES
12 PMMA MICROSPHERES MARKET TRENDS
13 DEMAND AND SUPPLY-SIDE ANALYSIS
13.1. Demand Side Analysis
13.2. Supply Side Analysis
14 VALUE CHAIN ANALYSIS
15 COMPETITIVE SCENARIO
15.1. Porters Fiver Forces Analysis
15.1.1. Bargaining Power of Buyer
15.1.2. Bargaining Power of Supplier
15.1.3. Intensity of Rivalry
15.1.4. Threats of New Entrant
15.1.5. Threat of Substitute
16 COMPANY PROFILED
16.1. Sekisui Kasei Co. Ltd.
16.2. Dynea AS
16.3. HEYO Enterprises Co. Ltd.
16.4. Imperial Microspheres
16.5. Cospheric LLC
16.6. MicroCHEM
16.7. Lab261
16.8. Nippon Shokubai Co. Ltd.
16.9. Kobo Products Inc.
16.10. Kuraray Co. Ltd.
17 DISCLAIMER
Why Buy From US?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.