The North America Glass Microspheres Market is expected to reach $844.0 million by 2018 - New Report by MicroMarket Monitor

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The North American Glass Microspheres market is estimated to grow due to its growing applications in modern infrastructure for various verticals in the region http://www.micromarketmonitor.com/market/north-america-glass-microspheres-3214349905.html

MicroMarket Monitor

MicroMarket Monitor

Key Players in the North America Glass Microspheres Market are 3M, AkzoNobel Expancel, Cospheric LLC, Sigmund Linder GmbH, Potters Industries LLC,

The North America Glass Microspheres Market report defines and segments the glass microspheres market in North America with analysis and forecast of revenue. The North American glass microspheres market is expected to reach $844.0 million by 2018, at a CAGR of 12.4% from 2013 to 2018.

Browse through the TOC of the North America Glass Microspheres Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the concerned market, and is supported by various tables and figures.

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Glass microspheres are spheres of glass, between 1 to 1000 micrometers in diameter, manufactured for a wide variety of uses in the research, medicine, and consumer goods industries, among others. They are used as lightweight fillers in composite materials such as syntactic foam and lightweight concrete. The basic process of manufacturing glass microspheres consists of extracting glass at high temperature from soda lime borosilicate and then milling it to fine particle size, following which the fine powder is mixed with trace amounts of sulfur containing compounds such as sodium sulfate. Further, this mixture is run through a high temperature heat transfer process, during which there is reduction in viscosity of glass as well as surface tension, thereby causing these particles to form spheres.

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The North American region is the largest market for glass microspheres, globally. The countries included in the North American region are the U.S., Canada, and Mexico. The construction of infrastructure and expansion of banking services are characteristic to these nations. The major factors driving the growth of the North American glass microspheres market include high demand from current & emerging applications such as smart drug delivery and information storage, superior structural properties, recyclable & reusable properties, modernization of infrastructure in the region, and increased demand for efficiency, among others. Furthermore, the region is known for its technological development and product innovations, which are motivating manufacturers to produce high-class products.

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The report covers the North American glass microspheres market, which is segmented on the basis of application and geography. In the North American region, glass microspheres are applied in various industry verticals, such as aerospace & defense materials, automotive materials, bio materials, biotechnology, building & construction, coating additives, cosmetics, and oil & gas consumables, among others.

Related Reports :

Europe Glass Microspheres Market

The Europe glass microspheres market is majorly driven by high demand from current & emerging applications, superior structural properties, development and modernization of infrastructure. The report estimates the market size of Europe glass microspheres market both in terms of volume and revenue. The report provides a comprehensive review of major market drivers, challenges, and key issues. Europe glass microspheres market was valued at $372.20 million in 2013 and is expected to reach $597.47 million by 2019, growing at a CAGR of 12.0% from 2014 to 2019.

Glass microspheres are generally made up of soda lime borosilicate glass and filled with inert gas or air when hollow glass microspheres are required. The report ‘Europe glass microspheres market’ analyzes the glass microsphere market by applications for seven major applications namely construction composites, medical technology, life science & biotechnology, paints & coatings, cosmetic & personal care, oil & gas, automotive, aerospace, and others. All of these applications of glass microspheres experienced a positive growth till 2013 and are expected to continue the same in coming years. With a market value of $92.92 million, construction composites holds majority of the share in the Europe glass microspheres market. Medical technology markets have been witnessing the maximum growth. Medical technology market was valued at $72.93 million in 2013 and is estimated to grow at a CAGR of 17.1% by 2019 for the period under consideration. Majority of the companies in the glass microspheres market have been relying on R&D to develop highly sophisticated products.

http://www.micromarketmonitor.com/market/europe-glass-microspheres-1244076477.html

Middle East and Africa Glass Microspheres Market

The Middle East and Africa glass microspheres market is majorly driven by high demand from current & emerging applications, superior structural properties, development and modernization of infrastructure. The report estimates the market size of Middle East and Africa glass microspheres market both in terms of volume and revenue. The report provides a comprehensive review of major market drivers, challenges, and key issues. Middle East and Africa glass microspheres market was valued at $56.76 million in 2013 and is expected to reach $83.68 million by 2019, growing at a CAGR of 10.1% from 2014 to 2019.

Glass microspheres are generally made up of soda lime borosilicate glass and filled with inert gas or air when hollow glass microspheres are required. The report ‘Middle East and Africa Glass microspheres market’ analyzes the glass microsphere market by applications for seven major applications namely construction composites, medical technology, life science & biotechnology, paints & coatings, cosmetic & personal care, oil & gas, automotive, aerospace, and others. All of these applications of glass microspheres experienced a positive growth till 2012 and are expected to continue the same in coming years. Construction composites holds majority of the share in the Middle East and Africa glass microspheres market and is estimated to grow at a CAGR of 7.2% during the forecasted period. Medical technology markets have been witnessing the maximum growth. Medical technology market was valued at $11.83 million in 2013 and is estimated to grow at a CAGR of 16.3% by 2019 for the period under consideration. Majority of the companies in the glass microspheres market have been relying on R&D to develop highly sophisticated products. The companies have also ventured into expanding their operations into new and emerging markets.

http://www.micromarketmonitor.com/market/middle-east-and-africa-glass-microspheres-4382436269.html

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