GROWING DEMAND FOR COSMETIC SURGERIES
PMMA microspheres are widely used in the cosmetic industry. They are mostly used in cosmetic surgeries by injecting it under the skin in order to reduce wrinkles or scars permanently. PMMA microspheres are used in aesthetic surgeries as long-term tissue fillers for the correction of wrinkles and lip augmentation. They are also used as cosmetic additives to improve light-scattering properties, smearing sense, and smoothness. With an increase in concern for wrinkled skin and pigmentation among middle aged women, there has been a rise in the number of cosmetic surgeries taking place, specifically in the United States and Brazil.
Additionally in 2016, 16.4 billion USD was spent on cosmetic procedures in the United States. This expenditure has significantly increased the demand for PMMA microspheres from the cosmetics industry in the country. With an increase in concern for looks and beauty are expected to increase the number of cosmetic surgeries worldwide. This shall majorly contribute to the demand for PMMA microspheres, hence benefitting the market to a great extent during the forecast period.
North America Dominates the Market
North America has the highest share in the market, accounting for nearly 31% of the global market share in 2017. With an increase in concern for looks and beauty, there has been a significant rise in the number of cosmetic surgeries taking place in North America, specifically United States. Hence, the demand for PMMA microspheres is expected to rise massively during the forecast period.
United States is the Largest Consumer
The US pharmaceutical industry was worth more than USD 446 billion in 2016. The industry is growing at a rapid rate. The country has witnessed a constant rise in the consumption of PMMA microspheres during recent years. This is due to the significant growth of medical technology, which is the major end-user of PMMA microspheres. Apart from the healthcare industry, PMMA microspheres are majorly used in cosmetic applications, such as injections to reduce wrinkles, cosmetic additives to improve light-scattering properties, and many others. In addition to this, PMMA microspheres are used as a light diffusion agent that is used in astigmatic shade, LCD light diffusing plate, film, LED light diffusing lampshade, etc. With the growing demand for PMMA microspheres from various end-user industries, the market is projected to grow over the forecast period.
Major Key Players are COSPHERIC LLC, POLYSCIENCES, INC., MICROBEADS AS, PHOSPHOREX INC., and MATSUMOTO YUSHI SEIYAKU CO. LTD, and Other Players Include 3M, EPRUI NANOPARTICLES & MICROSPHERES CO. LTD., GOODFELLOW USA, HEYO ENTERPRISES CO., LTD., IMPERIAL MICROSPHERES, J COLOR CHEMICALS, J MICRONS TECHNOLOGY CO., LTD., MICROCHEM, MICROSPHERES-NANOSPHERES, SEKISUI PLASTICS, and SUNJIN CHEMICAL CO., LTD.
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- Market definition, along with the identification of factors instrumental in changing the market scenario and prospective opportunities
- Various market perspectives, with the help of Porter’s five forces analysis
- Regions or countries that are expected to witness the fastest growth during the forecast period
- Product segment, which is going to dominate the market over the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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1.1 Scope of the Report
1.2 Research Methodology
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
3.3 Patent Analysis
3.4 Raw Material Analysis
4. Market Dynamics
4.1.1 Demand for PMMA Microspheres for Cosmetic Surgeries
4.1.2 Increasing Usage in Medical Industry
4.1.3 Growing Demand from Electronics
4.3.1 Advancement in Medical Sciences and Technology
5. Market Segmentation and Analysis
5.1 By Application
5.1.1 Light Diffusing Agent
5.1.2 Matting Agent
5.1.3 Cosmetic Additive
5.1.4 Ceramic Porogen
5.1.5 Modied Plastic Additive
5.1.6 Paints & Inks Additive
5.2 By End-User Industry
5.2.4 Paints and Coatings
5.2.5 Ceramics and Composites
6. Regional Market Analysis
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.4 Rest of North America
6.3.2 United Kingdom
6.3.6 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
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, Recent Developments, and Analyst View)
9.2 Cospheric LLC
9.3 EPRUI Nanoparticles & Microspheres Co. Ltd.
9.4 Goodfellow USA
9.5 Heyo Enterprises Co., Ltd.
9.6 Imperial Microspheres
9.7 J Color Chemicals
9.8 J Microns Technology Co., Ltd.
9.9 Matsumoto Yushi Seiyaku Co., Ltd.
9.10 Microbeads AS
9.13 Phosphorex, Inc.
9.14 Polysciences, Inc.
9.15 Sekisui Plastics
9.16 Sunjin Chemical Co., Ltd.
9.17 ..list not exhaustive
11. * subject to availability on public domain
- COSPHERIC LLC
- POLYSCIENCES Inc.
- MICROBEADS AS
- PHOSPHOREX INC.
- MATSUMOTO YUSHI SEIYAKU CO. LTD
- EPRUI NANOPARTICLES & MICROSPHERES CO. LTD.
- GOODFELLOW USA
- HEYO ENTERPRISES CO. LTD.
- IMPERIAL MICROSPHERES
- J COLOR CHEMICALS
- J MICRONS TECHNOLOGY CO. LTD.
- SEKISUI PLASTICS
- SUNJIN CHEMICAL CO. LTD.