Market Overview:
The global polypropylene microsphere market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for composites, medical & life sciences, personal care, automotive and consumer goods applications. Polypropylene microspheres are used as fillers and reinforcements in various applications owing to their properties such as high strength-to-weight ratio, thermal stability and chemical resistance. They are also used in paints & coatings, inkjet printing and other industrial applications. North America is expected to lead the global polypropylene microsphere market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A Polypropylene Microsphere is a small, round plastic particle. They are used in products such as paints, plastics, and adhesives.
Hollow Microsphere:
Hollow microspheres or nanoparticles are small spherical particles made from plastic and filled with air. They have a hollow core, which makes them light and easier to swallow. These hollow spheres are used as drug delivery systems in medical applications such as pain management, cancer treatment, arthritis treatment among others.
Solid Microsphere:
Solid Microsphere is a colloidal particle made up of solid polymer and it's used in Polypropylene (PP) microsphere market. It has several applications such as in PP resin, they are used to improve impact strength, stiffness and hardness of the material.
The properties that Solid Microspheres possess make them an ideal additive for polymers; these properties include high stability under most environmental conditions, low surface energy.
Application Insights:
The composites application segment led the global polypropylene microsphere market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for lightweight materials in automobiles is expected to propel product demand in composites applications, which include automotive, marine and aerospace components.
Medical & life sciences are anticipated to be one of the fastest-growing application segments owing to rising product penetration for drug delivery from pharmaceutical companies such as Pfizer, Inc., Johnson & Johnson and Merck KGaA. Polypropylene microspheres are also used for imaging purposes in medical applications such as Magnetic Resonance Imaging (MRI).
Solid microspheres offer various advantages including high stability, accuracy.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of pharmaceutical companies in countries, such as China and India, is one of the major factors contributing to regional growth. In addition, rising healthcare expenditure coupled with increasing awareness about various treatment options available for cancer patients is anticipated to drive product demand during the forecast period.
Europe accounted for a significant share owing to high R&D investments by several multinational companies aimed at commercializing innovative products faster than their competitors across this region. Moreover, growing consumer awareness regarding health & hygiene issues has led regional manufacturers focus on developing eco-friendly products that are free from PVC microspheres which are considered harmful if consumed by humans or animals (fish). This factor will also help Europe maintain its position in terms of revenue share throughout the forecast horizon.
The North American market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand from end-use industries such as automotive, medical and construction
- Rising demand for lightweight and durable materials in automotive sector
- Growing medical industry and increasing use of polypropylene microspheres in drug delivery systems
- Rising demand for advanced composites in construction industry
- Technological advancements that improve the properties of polypropylene microspheres
Scope Of The Report
Report Attributes
Report Details
Report Title
Polypropylene Microsphere Market Research Report
By Type
Hollow Microsphere, Solid Microsphere
By Application
Composites, Medical & Life Sciences, Personal Care, Automotive, Consumer Goods
By Companies
AkzoNobel, Matsumoto Yushi-Seiyaku, Sekisui Chemical, Chase Corporation, Momentive, Thermo Fisher, 3M Company, Luminex Corporation, Imperial Microspheres, The Kish Company, Trelleborg AB, Sigmund Lindner GmbH
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Polypropylene Microsphere Market Report Segments:
The global Polypropylene Microsphere market is segmented on the basis of:
Types
Hollow Microsphere, Solid Microsphere
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
Composites, Medical & Life Sciences, Personal Care, Automotive, Consumer Goods
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:
- AkzoNobel
- Matsumoto Yushi-Seiyaku
- Sekisui Chemical
- Chase Corporation
- Momentive
- Thermo Fisher
- 3M Company
- Luminex Corporation
- Imperial Microspheres
- The Kish Company
- Trelleborg AB
- Sigmund Lindner GmbH
Highlights of The Polypropylene Microsphere 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:
- Hollow Microsphere
- Solid Microsphere
- By Application:
- Composites
- Medical & Life Sciences
- Personal Care
- Automotive
- Consumer Goods
- 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 Polypropylene Microsphere 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Polypropylene microspheres are a type of plastic that is made from a polymer that is derived from propylene. They are often used in products such as cosmetics and personal care items because they offer a number of benefits, including being lightweight, durable, and non-toxic.
Some of the major players in the polypropylene microsphere market are AkzoNobel, Matsumoto Yushi-Seiyaku, Sekisui Chemical, Chase Corporation, Momentive, Thermo Fisher, 3M Company, Luminex Corporation, Imperial Microspheres, The Kish Company, Trelleborg AB, Sigmund Lindner GmbH.
The polypropylene microsphere market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polypropylene Microsphere 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 Polypropylene Microsphere Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polypropylene Microsphere 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 Polypropylene Microsphere 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 Polypropylene Microsphere Market Size & Forecast, 2018-2028
4.5.1 Polypropylene Microsphere Market Size and Y-o-Y Growth
4.5.2 Polypropylene Microsphere Market Absolute $ Opportunity
Chapter 5 Global Polypropylene Microsphere 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 Polypropylene Microsphere Market Size Forecast by Type
5.2.1 Hollow Microsphere
5.2.2 Solid Microsphere
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polypropylene Microsphere 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 Polypropylene Microsphere Market Size Forecast by Applications
6.2.1 Composites
6.2.2 Medical & Life Sciences
6.2.3 Personal Care
6.2.4 Automotive
6.2.5 Consumer Goods
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polypropylene Microsphere 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 Polypropylene Microsphere 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 Polypropylene Microsphere Analysis and Forecast
9.1 Introduction
9.2 North America Polypropylene Microsphere 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 Polypropylene Microsphere Market Size Forecast by Type
9.6.1 Hollow Microsphere
9.6.2 Solid Microsphere
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 Polypropylene Microsphere Market Size Forecast by Applications
9.10.1 Composites
9.10.2 Medical & Life Sciences
9.10.3 Personal Care
9.10.4 Automotive
9.10.5 Consumer Goods
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 Polypropylene Microsphere Analysis and Forecast
10.1 Introduction
10.2 Europe Polypropylene Microsphere 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 Polypropylene Microsphere Market Size Forecast by Type
10.6.1 Hollow Microsphere
10.6.2 Solid Microsphere
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 Polypropylene Microsphere Market Size Forecast by Applications
10.10.1 Composites
10.10.2 Medical & Life Sciences
10.10.3 Personal Care
10.10.4 Automotive
10.10.5 Consumer Goods
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 Polypropylene Microsphere Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polypropylene Microsphere 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 Polypropylene Microsphere Market Size Forecast by Type
11.6.1 Hollow Microsphere
11.6.2 Solid Microsphere
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 Polypropylene Microsphere Market Size Forecast by Applications
11.10.1 Composites
11.10.2 Medical & Life Sciences
11.10.3 Personal Care
11.10.4 Automotive
11.10.5 Consumer Goods
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 Polypropylene Microsphere Analysis and Forecast
12.1 Introduction
12.2 Latin America Polypropylene Microsphere 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 Polypropylene Microsphere Market Size Forecast by Type
12.6.1 Hollow Microsphere
12.6.2 Solid Microsphere
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 Polypropylene Microsphere Market Size Forecast by Applications
12.10.1 Composites
12.10.2 Medical & Life Sciences
12.10.3 Personal Care
12.10.4 Automotive
12.10.5 Consumer Goods
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) Polypropylene Microsphere Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polypropylene Microsphere 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) Polypropylene Microsphere Market Size Forecast by Type
13.6.1 Hollow Microsphere
13.6.2 Solid Microsphere
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) Polypropylene Microsphere Market Size Forecast by Applications
13.10.1 Composites
13.10.2 Medical & Life Sciences
13.10.3 Personal Care
13.10.4 Automotive
13.10.5 Consumer Goods
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 Polypropylene Microsphere Market: Competitive Dashboard
14.2 Global Polypropylene Microsphere Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 Matsumoto Yushi-Seiyaku
14.3.3 Sekisui Chemical
14.3.4 Chase Corporation
14.3.5 Momentive
14.3.6 Thermo Fisher
14.3.7 3M Company
14.3.8 Luminex Corporation
14.3.9 Imperial Microspheres
14.3.10 The Kish Company
14.3.11 Trelleborg AB
14.3.12 Sigmund Lindner GmbH
