Market Overview:
The global fluorescent glass microspheres market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fluorescent glass microspheres from laboratory and research institute applications. Additionally, the growing demand for borosilicate glass microspheres is also contributing to the growth of this market. However, factors such as high price and limited availability of these microspheres may restrain the growth of this market during the forecast period.
Product Definition:
Fluorescent Glass Microspheres are small spheres of glass that have been treated with a fluorescent coating. They are used in a variety of applications, including scientific research, medical diagnostics, and quality control.
Borosilicate Glass:
Borosilicate glass is a type of silica-based glass, which contains around 74.0% silicon dioxide by weight and 25.0% boron oxide (TBO) by volume. It has low thermal expansion coefficient and good chemical resistance, making it suitable for use in high power lighting devices such as light bulbs that require good heat resistance along with other properties such as transparency and refractory times etc.
Soda Lime Glass:
Soda lime glass and its usage in fluorescent microspheres market is a by-product of the manufacturing process of soda ash. It has high alkali content as compared to normal lime glass which makes it stronger and more resistant towards breakage. This type of glass is used for making fluorescent microspheres, which are used as a component in lighting systems owing to their small size, high brightness, long life span & reliability along with being affordable due to their mass production nature.
Application Insights:
The research institutes application segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing R&D activities in various industries, such as semiconductors, electronics, solar energy and LED lighting. In addition, these microspheres offer high brightness and color rendering properties which are likely to augment their demand from research institutes over the next few years.
Laboratory applications for fluorescent glass microspheres are gaining popularity due to their ability to deliver strong light sources with low consumption of electricity. These products also have a long life span which makes them suitable for use in laboratories across the world. The rising importance of advanced technology education along with growing concerns regarding student safety at laboratory benches is anticipated drive product demand from schools & colleges over the forecast period.
Regional Analysis:
North America dominated the market in terms of revenue share in 2017. This is attributed to high research and development activities undertaken by key players operating in this region, which has led to the introduction of advanced products. In addition, increasing R&D spending by pharmaceutical companies for drug discovery processes is expected to drive demand over the forecast period.
Asia Pacific fluorescent glass microspheres market is anticipated to witness significant growth over the forecast period owing to rapid developments witnessed across various application industries within this region. Increasing number of contract research organizations (CROs) engaged in animal study programs and clinical trials have contributed significantly toward regional growth.
Growth Factors:
- Increasing demand for fluorescent glass microspheres from various end-use industries such as medical, pharmaceuticals, cosmetics, and others
- Rising awareness about the benefits of fluorescent glass microspheres among consumers
- Growing research and development activities for new applications of fluorescent glass microspheres
- Technological advancements in production processes of fluorescent glass microspheres
- Expansion in global trade of fluorescent glass microspheres
Scope Of The Report
Report Attributes
Report Details
Report Title
Fluorescent Glass Microspheres Market Research Report
By Type
Borosilicate Glass, Soda Lime Glass, Barium Titanate Glass
By Application
Laboratory, Research Institute
By Companies
Cospheric, Mo Sci Corporation, Bangs Laboratories, Thermo Fisher Scientific, Merck, Invitrogen(Molecular Probes)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Fluorescent Glass Microspheres Market Report Segments:
The global Fluorescent Glass Microspheres market is segmented on the basis of:
Types
Borosilicate Glass, Soda Lime Glass, Barium Titanate Glass
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Laboratory, Research Institute
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cospheric
- Mo Sci Corporation
- Bangs Laboratories
- Thermo Fisher Scientific
- Merck
- Invitrogen(Molecular Probes)
Highlights of The Fluorescent Glass Microspheres Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Borosilicate Glass
- Soda Lime Glass
- Barium Titanate Glass
- By Application:
- Laboratory
- Research Institute
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fluorescent Glass Microspheres Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fluorescent glass microspheres are small, clear balls made of fluorescent material that emit light when exposed to ultraviolet or visible light. They are used in a variety of products, including sunglasses and eyeglasses, cosmetics and skin care products, toys and games, and signs.
Some of the key players operating in the fluorescent glass microspheres market are Cospheric, Mo Sci Corporation, Bangs Laboratories, Thermo Fisher Scientific, Merck, Invitrogen(Molecular Probes).
The fluorescent glass microspheres market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fluorescent Glass Microspheres Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Fluorescent Glass Microspheres Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Fluorescent Glass Microspheres Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Fluorescent Glass Microspheres Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Fluorescent Glass Microspheres Market Size & Forecast, 2020-2028 4.5.1 Fluorescent Glass Microspheres Market Size and Y-o-Y Growth 4.5.2 Fluorescent Glass Microspheres Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Borosilicate Glass
5.2.2 Soda Lime Glass
5.2.3 Barium Titanate Glass
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Laboratory
6.2.2 Research Institute
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fluorescent Glass Microspheres Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fluorescent Glass Microspheres Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Borosilicate Glass
9.6.2 Soda Lime Glass
9.6.3 Barium Titanate Glass
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Laboratory
9.10.2 Research Institute
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Borosilicate Glass
10.6.2 Soda Lime Glass
10.6.3 Barium Titanate Glass
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Laboratory
10.10.2 Research Institute
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Borosilicate Glass
11.6.2 Soda Lime Glass
11.6.3 Barium Titanate Glass
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Laboratory
11.10.2 Research Institute
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Borosilicate Glass
12.6.2 Soda Lime Glass
12.6.3 Barium Titanate Glass
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Laboratory
12.10.2 Research Institute
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Borosilicate Glass
13.6.2 Soda Lime Glass
13.6.3 Barium Titanate Glass
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Laboratory
13.10.2 Research Institute
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fluorescent Glass Microspheres Market: Competitive Dashboard
14.2 Global Fluorescent Glass Microspheres Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cospheric
14.3.2 Mo Sci Corporation
14.3.3 Bangs Laboratories
14.3.4 Thermo Fisher Scientific
14.3.5 Merck
14.3.6 Invitrogen(Molecular Probes)