Market Overview:
The global polyurethane (PU) microspheres market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The PU microspheres market is segmented on the basis of type, application, and region. On the basis of type, the PU microspheres market is segmented into pharmaceutical grade and industrial grade. Pharmaceutical grade PU microspheres are used in drug delivery systems and agrochemical formulations while industrial grade PU microspheres are used in paints & coatings, sealants & adhesives, elastomers & plastics, and insulation applications. On the basis of application, the PUmicro spheres market is segmented into pharmaceuticals, paints & coatings,, agrochemicals,, automotive components,, medical devices,, food packaging,.and others The North American region dominates the global polyurethane (PU)micro spheres market followed by Europe due to high demand for automotive components in these regions.
 Microspheres Industry Outlook.svg)
Product Definition:
Microspheres are tiny spheres of material, typically less than 1 millimeter in diameter. Polyurethane (PU) microspheres are synthetic polymer spheres made from a variety of polyols and diisocyanates. They have a wide range of applications, including filler materials, drug delivery systems, and cosmetic products.
Pharmaceutical Grade:
Pharmaceutical grade is a product that has passed the USP-NF (United States Pharmacopeia and NFA) test. It is used to make microspheres for use in drugs, vaccines, biologicals & tissue engineering applications. Pharmaceutical grade polyurethane microspheres are made from pure and concentrated hydrocarbon streams which contain no additives or fillers.
Industrial Grade:
Industrial grade is a high-performance material that has been used in the production of microspheres for use in polyurethane (PU) foam. The industrial grade product is manufactured by compounding materials such as polystyrene, acrylic, and urethane. It has better mechanical properties than consumer grade products owing to its higher density and lower water absorption.
Application Insights:
On the basis of application, the global market has been segmented into pharmaceuticals, paints and coatings, agrochemical, construction materials (paints and coatings), automotive/transportation and others. The pharmaceutical industry emerged as the largest PU microspheres consumer in 2015. Growing demand for biodegradable polymers in drug delivery systems is expected to drive growth over the forecast period.
The agrochemical segment is also anticipated to witness significant growth owing to increasing use of crop protection products such as pesticides that are made from natural or synthetic rubber compounds. These products act as a carrier for active ingredients that help control weed growth by delivering precise amounts of chemicals through plant leaves without any harm caused to plants or animals below ground level.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to growing demand for cosmetic products, pharmaceuticals, and industrial applications in countries such as the U.S., Canada, and Mexico.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing product demand from end-use industries such as paints & coatings.
Growth Factors:
- Increasing demand for PU microspheres in the automotive and aerospace industries due to their excellent mechanical and thermal properties.
- Growing demand from medical and pharmaceutical sectors for drug delivery, tissue engineering, and regenerative medicine applications.
- Rising use of PU microspheres in paints, coatings, sealants, adhesives, elastomers, composites etc., due to their superior physical properties.
- Increasing research activities on new applications of PU microspheres that can deliver better performance than currently available products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyurethane (PU) Microspheres Market Research Report
By Type
Pharmaceutical Grade, Industrial Grade
By Application
Pharmaceutical, Paints & Coatings, Agrochemical
By Companies
Microchem, Sanyo Chemical Industries, Supercolori S.p.A., Heyo Enterprises, Chase Corporation, Bayer Material Science LLC, Kolon Industry,, Covestro AG, Microchem
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Polyurethane (PU) Microspheres Market Report Segments:
The global Polyurethane (PU) Microspheres market is segmented on the basis of:
Types
Pharmaceutical Grade, Industrial Grade
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
Pharmaceutical, Paints & Coatings, Agrochemical
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:
- Microchem
- Sanyo Chemical Industries
- Supercolori S.p.A.
- Heyo Enterprises
- Chase Corporation
- Bayer Material Science LLC
- Kolon Industry,
- Covestro AG
- Microchem
 Microspheres Market Overview.svg)
Highlights of The Polyurethane (PU) 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:
- Pharmaceutical Grade
- Industrial Grade
- By Application:
- Pharmaceutical
- Paints & Coatings
- Agrochemical
- 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 Polyurethane (PU) 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.
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
 Microspheres Market Statistics.svg)
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?
Polyurethane microspheres are a type of nanotechnology that has been used to create products such as paints, coatings, and sealants. They are made up of many small spheres that have been coated with a polymer material. This makes the microspheres strong and durable, while also providing a smooth surface that can be painted or sealed.
Some of the major players in the polyurethane (pu) microspheres market are Microchem, Sanyo Chemical Industries, Supercolori S.p.A., Heyo Enterprises, Chase Corporation, Bayer Material Science LLC, Kolon Industry,, Covestro AG, Microchem.
The polyurethane (pu) microspheres market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyurethane (PU) 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 Polyurethane (PU) Microspheres Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyurethane (PU) 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 Polyurethane (PU) 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 Polyurethane (PU) Microspheres Market Size & Forecast, 2018-2028
4.5.1 Polyurethane (PU) Microspheres Market Size and Y-o-Y Growth
4.5.2 Polyurethane (PU) Microspheres Market Absolute $ Opportunity
Chapter 5 Global Polyurethane (PU) Microspheres 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 Polyurethane (PU) Microspheres Market Size Forecast by Type
5.2.1 Pharmaceutical Grade
5.2.2 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyurethane (PU) Microspheres 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 Polyurethane (PU) Microspheres Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Paints & Coatings
6.2.3 Agrochemical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyurethane (PU) 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 Polyurethane (PU) 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 Polyurethane (PU) Microspheres Analysis and Forecast
9.1 Introduction
9.2 North America Polyurethane (PU) Microspheres 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 Polyurethane (PU) Microspheres Market Size Forecast by Type
9.6.1 Pharmaceutical Grade
9.6.2 Industrial Grade
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 Polyurethane (PU) Microspheres Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Paints & Coatings
9.10.3 Agrochemical
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 Polyurethane (PU) Microspheres Analysis and Forecast
10.1 Introduction
10.2 Europe Polyurethane (PU) Microspheres 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 Polyurethane (PU) Microspheres Market Size Forecast by Type
10.6.1 Pharmaceutical Grade
10.6.2 Industrial Grade
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 Polyurethane (PU) Microspheres Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Paints & Coatings
10.10.3 Agrochemical
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 Polyurethane (PU) Microspheres Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyurethane (PU) Microspheres 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 Polyurethane (PU) Microspheres Market Size Forecast by Type
11.6.1 Pharmaceutical Grade
11.6.2 Industrial Grade
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 Polyurethane (PU) Microspheres Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Paints & Coatings
11.10.3 Agrochemical
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 Polyurethane (PU) Microspheres Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyurethane (PU) Microspheres 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 Polyurethane (PU) Microspheres Market Size Forecast by Type
12.6.1 Pharmaceutical Grade
12.6.2 Industrial Grade
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 Polyurethane (PU) Microspheres Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Paints & Coatings
12.10.3 Agrochemical
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) Polyurethane (PU) Microspheres Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyurethane (PU) Microspheres 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) Polyurethane (PU) Microspheres Market Size Forecast by Type
13.6.1 Pharmaceutical Grade
13.6.2 Industrial Grade
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) Polyurethane (PU) Microspheres Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Paints & Coatings
13.10.3 Agrochemical
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 Polyurethane (PU) Microspheres Market: Competitive Dashboard
14.2 Global Polyurethane (PU) Microspheres Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microchem
14.3.2 Sanyo Chemical Industries
14.3.3 Supercolori S.p.A.
14.3.4 Heyo Enterprises
14.3.5 Chase Corporation
14.3.6 Bayer Material Science LLC
14.3.7 Kolon Industry,
14.3.8 Covestro AG
14.3.9 Microchem
