The North American Microsphere Market is expected to grow to $2,254.9 million by 2018


Posted September 23, 2014 by sanjays9407

The North American Microsphere market report defines and segments the microsphere market in North America, with analysis and forecast of revenue.

 
The North American microspheres market is majorly driven by the high demand from current & emerging applications, superior structural properties, development, and modernization of infrastructure. The report estimates the market value of the North American microspheres market, both in terms of volume and revenue. The report provides a comprehensive review of the major market drivers, challenges, and key issues. The North American market was valued at $1,137.3 million in 2012 and is expected to reach $2,345.8 million by 2018, at a CAGR of 12.7%, for the given period.

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

http://www.micromarketmonitor.com/market/north-america-microsphere-8766708606.html

Microspheres are free flowing, distinct spherical particles that are available in particle sizes ranging from 1 to 50 microns. These are used in a wide variety of applications, and help in offering a ball-bearing effect that delivers an elegant smooth texture, better payoff, and superior slip to finished products. This effect also promotes better coating on the skin, and offers a more natural texture. These are also known as micro particles, micro beads, beads, and micro balloons.

The key countries covered in this report are the U.S., Canada, and Mexico. Globally, this market has been one of the leaders with respect to demand as well as product innovation, in terms of quality and application development. The countries in the North American market include the U.S. (the most dominant market, accounting for a significant market share) and Canada. Due to increasing demand for advanced materials in both existing and emerging applications, the microsphere industry is experiencing considerable growth. The North American market is highly regulated with several associations, which play a key role in monitoring and commercialization of microsphere products. Major players in this region are planning to invest in the technological side of the market, which would further drive the overall demand of microsphere. Owing to these factors, the North American region is expected to become a strong base for the microsphere market.

The report covers the North American microsphere market, which is segmented on the basis of type, application, and geography. In this region, the microspheres are applied in aerospace & defense materials, automotive materials, biomaterials, biotechnology, building & construction, coating additives, cosmetics, and oil & gas consumables.

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Last Updated September 23, 2014