Market Overview:
The Global Hollow Glass Microsphere Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hollow glass microspheres in various applications such as aerospace, automobile, and medical care. In addition, the growing demand for lightweight and energy-efficient materials is also contributing to the growth of this market.
Product Definition:
Hollow Glass Microsphere is a type of glass microsphere that has a hollow center. It is often used as an additive in various products to improve their performance. For example, it can be added to paints and coatings to make them more durable and resistant to chipping or cracking.
15-50um:
15-50um is a range of microspheres used in the manufacturing of hollow glass. It has applications in construction, electronics, and automotive industries. The 15-50um hollow glass microsphere market is expected to witness significant growth over the forecast period owing to increasing demand for lightweight materials from various end-use industries such as construction & building and automotive industry. Moreover, growing awareness regarding energy conservation among consumers across the globe will boost product demand further.
50-135um:
50-135um is used for producing hollow glass microspheres. These are widely used in applications such as cosmetics, pharmaceuticals, food additives and others. The chemical formula of 50-135um is CnH2nO2. It has a molecular weight range of approximately 130 to 14000 depending on the grade which can be produced by different processes like hydrothermal, mechanical or thermal crystallization methods among others.
The chemical composition.
Application Insights:
The aerospace segment accounted for the largest share of over 40% in 2017. The growing use of glass microspheres in aircraft windows, cabin interiors, and exterior surfaces is expected to drive the demand over the forecast period. In addition, increasing R&D activities pertaining to window design using glass microspheres are likely to propel industry growth.
Automobile application segment is anticipated to witness significant growth at a CAGR of XX% from 2018 to 2030 owingto increased production levels of passenger cars and commercial vehicles worldwide coupled with rising consumer preference for vehicle with enhanced aesthetics features including decorative glazing materials. Moreover, increasing penetration Hollow Glass Microsphere (HGMS) market by various automotive manufacturers such as Ford Motor Company; Dacia; Toyota Group; Volkswagen AG; Hyundai Motor Co.; Kia Motors Corporation; Ssangyong Group & Mahindra & Mahindra Automotive Group are further expected fuel industry expansion over the coming years.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth is attributed to the presence of major aircraft manufacturers such as Boeing and Airbus, which use these hollow glass microspheres for manufacturing interior components. In addition, increasing R&D activities by various pharmaceutical companies for drug testing are expected to drive the regional product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over a projected period owing to rising healthcare expenditure and improving medical infrastructure in emerging countries such as China and India. Moreover, growing automobile production coupled with high usage rates of automobiles on a daily basis will support regional demand during the forecast years. Europe accounted for more than 20% share of global revenue in 2017 due to high acceptance levels associated with this product type across several end-use industries including aerospace & defense, automotive & transportation, electronics & electrical equipment industry among others).
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and medical
- Growing application of hollow glass microspheres in paints and coatings for improving surface finish and durability
- Rising use of hollow glass microspheres in filtration systems for water treatment and other applications
- Increasing research activities on hollow glass microspheres for novel applications
- Technological advancements that improve the quality and performance of hollow glass microspheres
Scope Of The Report
Report Attributes
Report Details
Report Title
Hollow Glass Microsphere Market Research Report
By Type
15-50um, 50-135um
By Application
Aerospace, Automobile, Medical Care
By Companies
3M Company, Trelleborg AB, Potters Industries, Mo-Sci Corporation, Sinosteel Maanshan New Material, Cospheric LLC, Dennert Poraver GmbH, Polysciences
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Hollow Glass Microsphere Market Report Segments:
The global Hollow Glass Microsphere market is segmented on the basis of:
Types
15-50um, 50-135um
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
Aerospace, Automobile, Medical Care
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:
- 3M Company
- Trelleborg AB
- Potters Industries
- Mo-Sci Corporation
- Sinosteel Maanshan New Material
- Cospheric LLC
- Dennert Poraver GmbH
- Polysciences
Highlights of The Hollow Glass 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:
- 15-50um
- 50-135um
- By Application:
- Aerospace
- Automobile
- Medical Care
- 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 Hollow Glass 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?
Some of the major players in the hollow glass microsphere market are 3M Company, Trelleborg AB, Potters Industries, Mo-Sci Corporation, Sinosteel Maanshan New Material, Cospheric LLC, Dennert Poraver GmbH, Polysciences.
The hollow glass microsphere market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hollow Glass Microsphere Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hollow Glass Microsphere Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hollow Glass Microsphere Market - Supply Chain
4.5. Global Hollow Glass Microsphere Market Forecast
4.5.1. Hollow Glass Microsphere Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hollow Glass Microsphere Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hollow Glass Microsphere Market Absolute $ Opportunity
5. Global Hollow Glass Microsphere Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hollow Glass Microsphere Market Size and Volume Forecast by Type
5.3.1. 15-50um
5.3.2. 50-135um
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hollow Glass Microsphere Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hollow Glass Microsphere Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Automobile
6.3.3. Medical Care
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hollow Glass Microsphere Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hollow Glass Microsphere Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hollow Glass Microsphere Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hollow Glass Microsphere Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hollow Glass Microsphere Demand Share Forecast, 2019-2026
9. North America Hollow Glass Microsphere Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hollow Glass Microsphere Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hollow Glass Microsphere Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Automobile
9.4.3. Medical Care
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hollow Glass Microsphere Market Size and Volume Forecast by Type
9.7.1. 15-50um
9.7.2. 50-135um
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hollow Glass Microsphere Demand Share Forecast, 2019-2026
10. Latin America Hollow Glass Microsphere Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hollow Glass Microsphere Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hollow Glass Microsphere Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Automobile
10.4.3. Medical Care
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hollow Glass Microsphere Market Size and Volume Forecast by Type
10.7.1. 15-50um
10.7.2. 50-135um
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hollow Glass Microsphere Demand Share Forecast, 2019-2026
11. Europe Hollow Glass Microsphere Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hollow Glass Microsphere Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hollow Glass Microsphere Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Automobile
11.4.3. Medical Care
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hollow Glass Microsphere Market Size and Volume Forecast by Type
11.7.1. 15-50um
11.7.2. 50-135um
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Maket Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hollow Glass Microsphere Demand Share, 2019-2026
12. Asia Pacific Hollow Glass Microsphere Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hollow Glass Microsphere Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hollow Glass Microsphere Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Automobile
12.4.3. Medical Care
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hollow Glass Microsphere Market Size and Volume Forecast by Type
12.7.1. 15-50um
12.7.2. 50-135um
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hollow Glass Microsphere Demand Share, 2019-2026
13. Middle East & Africa Hollow Glass Microsphere Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hollow Glass Microsphere Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hollow Glass Microsphere Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Automobile
13.4.3. Medical Care
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hollow Glass Microsphere Market Size and Volume Forecast by Type
13.7.1. 15-50um
13.7.2. 50-135um
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hollow Glass Microsphere Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hollow Glass Microsphere Market: Market Share Analysis
14.2. Hollow Glass Microsphere Distributors and Customers
14.3. Hollow Glass Microsphere Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Trelleborg AB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Potters Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mo-Sci Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sinosteel Maanshan New Material
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cospheric LLC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dennert Poraver GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Polysciences
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook