Global Hollow Glass Microspheres Market Research Report By End-User Industry and By Geography - Global Trends and Forecast to 2021

  • ID: 3743761
  • Report
  • Region: Global
  • 102 Pages
  • MicroMarketMonitor
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The Global Hollow Glass Microspheres Market was Valued at USD 226.8 Million in 2015 and is Projected to Reach USD 352.8 Million by 2021 at a CAGR of 7.5%

FEATURED COMPANIES

  • 3M Company
  • Cenostar Corporation
  • Cospheric Llc
  • Dennert Poraver Gmbh
  • Mo-Sci Corporation
  • Polysciences, Inc.
  • MORE
"Global Hollow Glass Microspheres Market Research Report. By End-User Industry (Aerospace & Defense, Automotive, Healthcare, Oil & Gas and Others) and By Geography (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) – Global Trends and Forecast to 2021"

Hollow glass microspheres have evolved as a lightweight filler to be used in several industries such as aerospace, automotive, oil & gas, healthcare, and others. They are suitable to be used in various applications such as thermoplastics, rubber & elastomers, abrasive materials, sheet molding compounds, cryogenic technology, thermosets-epoxy, acoustic and thermal insulating materials, polyurethanes, plastisols, repair compounds, and so on. Hollow glass microspheres cover a wide range of applications as they are used as a flow aid, for thermal insulation; and for concrete, synthetic wood, and gas storage & transport. Hollow glass microspheres show 3% loss in the tensile strength, 26% loss in surface hardness, and 13% weight reduction, when filled in composites.

The hollow glass microspheres market developed as a few manufacturers in North America and Europe focused on development of niche market for hollow glass microspheres for complex applications such as coating of magnetic nanoparticles of cobalt ferrite (CoFe2O4) on hollow glass microspheres that lead to microwave absorption and enhanced properties. Currently, very less number of substitutes are available in the market, as the properties of hollow glass microspheres are unique in nature.

There are no common standard specifications about the types as companies develop their own grades by different names. Continuous improvement in product quality and increasing concerns over transportation and installation of products from end-user industries such as aerospace, automotive, oil & gas, healthcare, consumer goods, and construction are expected to be the major contributing factors towards the growth of hollow glass microspheres during the forecast period. In addition, the growing environmental concerns are also expected to fuel the growth of the market for hollow glass microspheres in coming years as they are recyclable and reusable. The key concern in hollow glass microspheres market comes from the fluctuations in manufacturing costs due to volatile raw-material prices, huge R&D expenditure which is not required for the current potential of the market, and low quality control on production.

The global Hollow glass microspheres market was valued at USD 226.8 million in 2015, and is projected to reach USD 352.8 million by 2021, at a CAGR of 7.5% from 2016 to 2021. The aerospace & defense end-user industry contributed 34.4% share to the market in 2015, and its market size is expected to reach USD 129.3 million by 2021, at a CAGR of 8.7% during the forecast period.

The market of hollow glass microspheres is fragmented with few large players and a large number of small players. The players involved in the hollow glass microspheres market are hollow glass microspheres manufacturers, manufacturers, and companies engaged in the manufacturing of both fabrics and clothing. Leading manufactures include 3M Company (U.S.), Trelleborg AB (Sweden), Potters Industries LLC (U.S.), Mo-Sci Corporation (U.S.), Sinosteel Maanshan New Material technology Co., Ltd. (China), Cospheric LLC (U.S.), Dennert Poraver GmbH (Germany), Polysciences, Inc. (U.S.), CenoStar Corporation (U.S.), and others.

Objectives Of The Study

- To define and segment the hollow glass microspheres market by end-user industry and by region

- To identify the market dynamics for the hollow glass microspheres market

- To identify and forecast the market size, by value for various market segments based on the key end-user industries and regions covered in the study

- To analyze the recent developments, such as facility & capacity expansions, partnerships & collaborations, and new product developments in the hollow glass microspheres market
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FEATURED COMPANIES

  • 3M Company
  • Cenostar Corporation
  • Cospheric Llc
  • Dennert Poraver Gmbh
  • Mo-Sci Corporation
  • Polysciences, Inc.
  • MORE
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency & Pricing
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions And Limitations
2.4.1 Assumptions And Limitations

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities For Hollow Glass Microspheres Market
4.2 Hollow Glass Microspheres Market: Key Regions
4.3 Hollow Glass Microspheres Market In North America
4.4 Hollow Glass Microspheres Market Attractiveness
4.5 Hollow Glass Microspheres Market Share, By End-User Industry
4.6 Hollow Glass Microspheres Market: Developing Vs. Developed Nations
4.7 Fastest-Growing Market: By End-User Industry
4.8 Life Cycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By End-User Industry
5.2.2 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Rise In Demand From End-User Industries
5.3.1.2 Superior Structural Properties
5.3.1.3 Recyclability And Reusability
5.3.1.4 Increasing Concerns For Efficiency In Production
5.3.2 Restraints
5.3.2.1 Volatile Raw Material Prices
5.3.2.2 Lack Of Quality Control Over Production
5.3.2.3 Huge Investment In R&D
5.3.3 Opportunities
5.3.3.1 Emerging Economies Creating Huge Potential
5.3.4 Winning Imperatives
5.3.4.1 Focus On Product Innovation & Modification
5.3.4.2 Expansion Into New And Emerging Markets

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Raw Material
6.2.2 Manufacturing
6.2.3 Distribution Network
6.2.4 End-User
6.3 Porter’S Five Forces Analysis
6.3.1 Threat From New Entrants
6.3.2 Threat Of Substitutes
6.3.3 Bargaining Power Of Suppliers
6.3.4 Bargaining Power Of Buyers
6.3.5 Intensity Of Competitive Rivalry
6.4 Strategic Benchmarking
6.4.1 New Product Launch
6.4.2 Expansions
6.4.3 Supply Contract

7 Hollow Glass Microspheres Market, By End-User Industry
7.1 Introduction
7.2 Market Size & Projection
7.2.1 Flourishing Aerospace & Defense And Automotive Industries To Drive The Demand For Hollow Glass Microspheres
7.3 Aerospace & Defense
7.4 Automotive
7.5 Healthcare
7.6 Oil & Gas
7.7 Others

8 Hollow Glass Microspheres Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S. Hollow Glass Microspheres Market
8.2.2 Canada Hollow Glass Microspheres Market
8.3 Europe
8.3.1 Germany Hollow Glass Microspheres Market, By Application
8.4 Asia-Pacific
8.4.1 China Hollow Glass Microspheres Market
8.5 Middle East & Africa
8.6 Latin America

9 Competitive Landscape
9.1 Overview
9.1.1 New Product Launch: The Most Popular Growth Strategy
9.2 Maximum Developments In 2012
9.3 3M Company: The Topmost Player
9.4 Competitive Situation & Trends
9.4.1 New Product Launches
9.4.2 Expansions
9.4.3 Supply Contracts
9.4.4 Acquisitions

10 Company Profiles
(Overview, Financials, Products & Services, Strategy, And Developments)*
10.1 3M Company
10.2 Trelleborg Ab
10.3 Potters Industries Llc
10.4 Sinosteel Maanshan New Material Technology Co., Ltd.
10.5 Mo-Sci Corporation
10.6 Cospheric Llc
10.7 Dennert Poraver Gmbh
10.8 Polysciences, Inc.
10.9 Cenostar Corporation
*Details On Overview, Financials, Product & Services, Strategy, And Developments Might Not Be Captured In Case Of Unlisted Company

11 Appendix

List Of Tables

Table 1 Hollow Glass Microspheres: Properties And Advantages
Table 2 Top 10 Largest Economies, By Gdp In Ppp Terms, 2016 & 2021
Table 3 Hollow Glass Microspheres: Industry-Wise Applications
Table 4 Hollow Glass Microspheres Market Size, By End-User Industry, 2014-2021 (USD Mn)
Table 5 Hollow Glass Microspheres Market In Aerospace & Defense Industry, By Region, 2014-2021 (USD Mn)
Table 6 Hollow Glass Microspheres Market In Automotive Industry, By Region, 2014-2021 (USD Mn)
Table 7 Hollow Glass Microspheres Market In Healthcare Industry, By Region, 2014-2021 (USD Mn)
Table 8 Hollow Glass Microspheres Market In Oil & Gas Industry, By Region, 2014-2021 (USD Mn)
Table 9 Hollow Glass Microspheres Market In Others Industry, By Region, 2014-2021 (USD Mn)
Table 10 Hollow Glass Microspheres Global Market Size, By Region, 2014-2021 (USD Mn)
Table 11 North America: Hollow Glass Microspheres Market Size, By Region, 2014-2021 (USD Mn)
Table 12 Europe: Hollow Glass Microspheres Market Size, By Region, 2014-2021 (USD Mn)
Table 13 Asia-Pacific: Hollow Glass Microspheres Market Size, By Region, 2014-2021 (USD Mn)
Table 14 Middle East & Africa: Hollow Glass Microspheres Market Size, By Region, 2014-2021 (USD Mn)
Table 15 Latin America: Hollow Glass Microspheres Market Size, By Country, 2014-2021 (USD Mn)
Table 16 New Product Launches, 2011-2015
Table 17 Expansions, 2011-2015
Table 18 Supply Contracts, 2011-2015
Table 19 Acquisitions, 2011-2015
Table 20 3M Company: Products And Their Description
Table 21 Trelleborg Ab: Products And Their Description
Table 22 Potters Industries Llc: Products And Their Description
Table 23 Sinosteel Maanshan New Material Technology Co., Ltd.: Products And Their Description
Table 24 Mo-Sci Corporation: Products And Their Description
Table 25 Cospheric Llc: Products And Their Description
Table 26 Dennert Poraver Gmbh: Products And Their Description
Table 27 Polysciences, Inc.: Products And Their Description
Table 28 Cenostar Corporation: Products And Their Description

List Of Figures

Figure 1 Hollow Glass Microspheres: Market Segmentation
Figure 2 Hollow Glass Microspheres Market, Research Design
Figure 3 Key Data From Secondary Sources
Figure 4 Key Data From Primary Sources
Figure 5 Key Industry Insights
Figure 6 Breakdown Of Primary Interviews, By Company Type, Designation, And Region
Figure 7 Market Size Estimation: Bottom-Up Approach
Figure 8 Market Size Estimation: Top-Down Approach
Figure 9 Hollow Glass Microspheres Market: Data Triangulation
Figure 10 Aerospace & Defense Segment To Dominate The Hollow Glass Microspheres Market, 2016-2021
Figure 11 North America And Asia-Pacific To Register High Cagr Between 2016 And 2021
Figure 12 High Growth In The Hollow Glass Microspheres Market Between 2016 And 2021
Figure 13 North America Is Expected To Be The Key Market For Hollow Glass Microspheres Between 2016 And 2021
Figure 14 U.S. Accounted For The Largest Share In North America In 2015
Figure 15 Growing Demand From End-User Industries In Emerging Regions To Boost The Demand For Hollow Glass Microspheres Between 2016 And 2021
Figure 16 Aerospace & Defense To Dominate The Hollow Glass Microspheres Market In 2016
Figure 17 U.S. And China To Emerge As The Lucrative Markets Between 2016 And 2021
Figure 18 Hollow Glass Microspheres Has High Growth Potential In Aerospace & Defense And Automotive Industry
Figure 19 Asia-Pacific To Experience High Growth During The Forecast Period For Hollow Glass Microspheres Market
Figure 20 Hollow Glass Microspheres, Market Segmentation
Figure 21 Overview Of The Forces Governing The Hollow Glass Microspheres Market
Figure 22 Value Chain Analysis For Hollow Glass Microspheres: Raw Material Accounts For Major Value Addition
Figure 23 Porter’S Five Forces Analysis
Figure 24 3M Company Introduced A New Product With Lower Density And High Strength
Figure 25 3M Company Focused On Expansions To Capture Market Share
Figure 26 Trelleborg Ab Improved Its Future Planning And Standardized Procedures Through Supply Contracts
Figure 27 Aerospace & Defense Industry To Witness Highest Demand Between 2016 And 2021
Figure 28 North America To Drive The Demand Of Hollow Glass Microspheres In Aerospace & Defense Industry Between 2016 And 2021
Figure 29 Developed Economies Driving The Hollow Glass Microspheres Demand In Automotive Industry
Figure 30 Increasing Applications In Healthcare Industry Are Driving The Hollow Glass Microspheres Market
Figure 31 Emerging Economies Are Driving The Asia-Pacific Hollow Glass Microspheres Market
Figure 32 Emerging Economies Driving The Asia-Pacific Market For Rising Others Segment
Figure 33 Regional Snapshot (2016-2021): Mexico And Japan Are Emerging As The New Strategic Locations
Figure 34 North America Snapshot: Hollow Glass Microspheres Market (2016-2021)
Figure 35 Europe Snapshot: Hollow Glass Microspheres Market (2016-2021)
Figure 36 Asia-Pacific Snapshot: Hollow Glass Microspheres Market (2016-2021)
Figure 37 Companies Primarily Adopted Organic Growth Strategies Between 2011 And 2015
Figure 38 Key Growth Strategies In The Hollow Glass Microspheres Market, 2011-2015
Figure 39 Hollow Glass Microspheres Market Development Share, 2011-2015
Figure 40 Hollow Glass Microspheres Market: Growth Strategies, By Company, 2010-2015
Figure 41 3M Company: Company Snapshot
Figure 42 3M Company: Swot Analysis
Figure 43 Trelleborg Ab: Company Snapshot
Figure 44 Trelleborg Ab: Swot Analysis
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- 3M Company
- Cenostar Corporation
- Cospheric Llc
- Dennert Poraver Gmbh
- Mo-Sci Corporation
- Polysciences, Inc.
- Potters Industries Llc
- Sinosteel Maanshan New Material Technology Co., Ltd.
- Trelleborg Ab
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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