Global PMMA Microspheres Market Overview
According to SPER Market Research, the Global PMMA Microspheres Market is estimated to reach USD 0.62 billion by 2032 with a CAGR of 6.95%.
PMMA microspheres, commonly known as poly or acrylic microspheres, are esters of methacrylic acid, a synthetic resin created through the dispersion polymerization of methyl methacrylate. Most PMMA microspheres are used to change the chemical and mechanical properties of polymers, ceramics, fly ash, metallics, and several other materials. One of the key reasons fueling the expansion of the global PMMA Microspheres Market is the rise in demand for PMMA microspheres in the cosmetics industry. The rise of the worldwide PMMA microspheres market is a result of the growing use of PMMA microspheres in paint & coatings and 3D printing inks.
The expansion of end-use industries is one of the primary factors driving the PMMA Microspheres Market. PMMA microspheres are widely used in a wide range of end-use industries, including the cosmetics, medical, display, and paints & coatings sectors. The medical industry is one of the key markets for PMMA microspheres. PMMA microspheres are increasingly in demand for use in medical applications as a result of increased government spending in the care sector. PMMA offers a unique blend of great mechanical strength and optical clarity and transparency. Alternative materials provide either mechanical strength or optical clarity. When this particular combination is necessary in the competition, they lose. Due to its excellent mechanical qualities, artificial bone cement made of PMMA microspheres is also frequently employed in orthopaedics.
Impact of COVID-19 on the Global PMMA Microspheres Market
The COVID-19 pandemic has had a significant impact on the global PMMA microspheres market. PMMA microspheres are widely used in various applications, including medical devices, coatings, and adhesives, among others.
On the positive side, the pandemic has resulted in an increased demand for PMMA microspheres in the healthcare sector. With the surge in COVID-19 cases, there has been a heightened need for medical devices such as syringes, vials, and diagnostic tests that rely on PMMA microspheres. The demand for PMMA microspheres in the medical sector is expected to remain high even after the pandemic due to their biocompatibility, transparency, and ability to bind to biological molecules.
On the negative side, the pandemic has caused disruptions in the supply chain of PMMA microspheres. With the lockdowns and restrictions on transportation, the production and transportation of PMMA microspheres have been hampered. Additionally, the economic uncertainty caused by the pandemic has led to a decrease in demand for PMMA microspheres in other industries such as construction, automotive, and aerospace.Moreover, the price of raw materials used to manufacture PMMA microspheres has increased due to supply chain disruptions and increased demand, leading to higher production costs.
This, in turn, has led to an increase in the prices of PMMA microspheres, affecting their affordability for some customers.In conclusion, the COVID-19 pandemic has resulted in both positive and negative impacts on the global PMMA microspheres market. While there has been an increase in demand for PMMA microspheres in the healthcare sector, the disruptions in the supply chain and the decrease in demand from other industries have affected the market negatively. Despite the challenges, the long-term outlook for the PMMA microspheres market remains positive, with continued demand expected in the healthcare sector and other applications.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Application, By End User.
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Cospheric LLC, Dynea AS, HEYO, Imperial Microspheres, Kobo Products Inc., Kuraray Co. Ltd., Lab261, Microbeads AS, Microchem, Nippon Shokubai Co. Ltd, Sekisui Kasei Co. Ltd., Trinseo.
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Global PMMA Microspheres Market Segmentation:
1. By Component:
2. By Type:
- PMMA Microspheres (Uncoated)
- Silver-Coated PMMA Microspheres
3. By Application:
- Ceramic Porogen
- Cosmetic Additive
- Light Diffusing Agent
- Matting Agent
- Modified Plastic Additive
- Paints and Inks Additive
4. By End User:
- Ceramics and Composites
- Electronics
- Lifesciences and Medical
- Paints and Coatings
- Personal Care and Cosmetics
- Plastics
- Others
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global PMMA Microspheres Market (FY’2019-FY’2032)
- Overview of Global PMMA Microspheres Market
- Segmentation of Global PMMA Microspheres Market By Type (PMMA Microspheres (Uncoated) Silver-Coated PMMA Microspheres)
- Segmentation of Global PMMA Microspheres Market By Application (Ceramic Porogen, Cosmetic Additive, Light Diffusing Agent, Matting Agent, Modified Plastic Additive, Paints and Inks Additive, Others)
- Segmentation of Global PMMA Microspheres By End User (Ceramics and Composites, Electronics, Lifesciences and Medical, Paints and Coatings, Personal Care and Cosmetics, Plastics, Others)
- Statistical Snap of Global PMMA Microspheres Market
- Growth Analysis of Global PMMA Microspheres Market
- Problems and Challenges in Global PMMA Microspheres Market
- Competitive Landscape in the Global PMMA Microspheres Market
- Impact of COVID-19 and Demonetization on Global PMMA Microspheres Market
- Details on Recent Investment in Global PMMA Microspheres Market
- Competitive Analysis of Global PMMA Microspheres Market
- Major Players in the Global PMMA Microspheres Market
- SWOT Analysis of Global PMMA Microspheres Market
- Global PMMA Microspheres Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global PMMA Microspheres Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global PMMA Microspheres Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global PMMA Microspheres Market
7. Global PMMA Microspheres Market, By Type, 2019-2032 (USD Million)
7.1. PMMA Microspheres (Uncoated)
7.2. Silver-Coated PMMA Microspheres
8. Global PMMA Microspheres Market, By Application, 2019-2032 (USD Million)
8.1. Ceramic Porogen
8.2. Cosmetic Additive
8.3. Light Diffusing Agent
8.4. Matting Agent
8.5. Modified Plastic Additive
8.6. Paints and Inks Additive
8.7. Others
9. Global PMMA Microspheres Market, By End User, 2019-2032 (USD Million)
9.1. Ceramics and Composites
9.2. Electronics
9.3. Lifesciences and Medical
9.4. Paints and Coatings
9.5. Personal Care and Cosmetics
9.6. Plastics
9.7. Others
10. Global PMMA Microspheres Market, By Region, 2019-2032 (USD Million)
10.1. Global PMMA microspheres Market Size and Market Share by Region (2019-2025)
10.2. Global PMMA microspheres Market Size and Market Share by Region (2026-2032)
10.3. Asia-Pacific
10.3.1. Australia
10.3.2. China
10.3.3. India
10.3.4. Japan
10.3.5. South Korea
10.3.6. Rest of Asia-Pacific
10.4. Europe
10.4.1. France
10.4.2. Germany
10.4.3. Italy
10.4.4. Spain
10.4.5. United Kingdom
10.4.6. Rest of Europe
10.5. Middle East and Africa
10.5.1. Kingdom of Saudi Arabia
10.5.2. United Arab Emirates
10.5.3. Rest of Middle East & Africa
10.6. North America
10.6.1. Canada
10.6.2. Mexico
10.6.3. United States
10.7. Latin America
10.7.1. Argentina
10.7.2. Brazil
10.7.3. Rest of Latin America
11. Company Profiles
11.1. Cospheric LLC
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Dynea AS
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. HEYO
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Imperial Microspheres
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Kobo Products Inc.
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Kuraray Co. Ltd.
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Lab261
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Microbeads AS
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Microchem
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Nippon Shokubai Co. Ltd
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Sekisui Kasei Co. Ltd.
11.11.1. Company details
11.11.2. Financial outlook
11.11.3. Product summary
11.11.4. Recent developments
11.12. Trinseo
11.12.1. Company details
11.12.2. Financial outlook
11.12.3. Product summary
11.12.4. Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
