Categories
Advanced Materials

Ceramic Microspheres Market Size – Dominated By The Region Of North America

The ceramic microspheres market has shown significant growth in the past. Rising demand for ceramic microspheres owes to augmented demand for lightweight components, efficient, recyclables and reusable materials. Ceramic microspheres are also used in the production of mining explosives, film inks and plastics & rubber products.

For Market Research Report on “Ceramic Microspheres Market” Visit – http://www.grandviewresearch.com/industry-analysis/ceramic-microspheres-market

The pivotal factors driving demand for the ceramic microspheres market are growing applications of ceramic microspheres in fillers in paints, mastics, additives coatings and construction materials. However, factors hampering the market are unpredictable feedstock prices and lack of quality control in developed countries.

The ceramic microspheres market can be segmented into three major categories, including ingredients, applications and geographies. On the basis of ingredients, the market can be fragmented into ceramics and glass. The applications market can be divided into automotive materials, cosmetics, biotechnology, coating additives, oil & gas consumables, construction and aerospace & defense materials.

Geographically, the ceramic microspheres market can be segmented into North America, Asia Pacific, Europe and ROW (rest of the world). North America is the largest market due to growing demand for fiber glass in construction and automotives. Europe follows next and is estimated to experience expansion owing to Germany being the biggest producer of reinforcement fiber glass.

Asia Pacific is projected to be the most speedily developing ceramic microspheres market. This is owing to the expanding industry of construction in India and China. China being one of the biggest fiberglass producers across the world is also responsible for making Asia Pacific achieve its status and pushes further development in the region.

Ceramic Microspheres Market

Information Source: Grand View Research

Categories
Advanced Materials

Lightweight Materials Market Size – Likely To Witness Substantial Growth

The lightweight materials market is likely to witness substantial growth in the years to come. This is attributed to rising demand for lightweight materials in consumer industries, such as transportation and construction. Other consumers of the lightweight materials market include client goods, medical, defense, electronics and energy.

For Market Research Report on “Lightweight Materials Market” Visit – http://www.grandviewresearch.com/industry-analysis/lightweight-materials-market

A key factor driving the lightweight materials market is regulations regarding reduction of carbon dioxide emissions. Growing demand for fuel efficient automotives and advancements in aerospace technology are also predicted to drive demand for the lightweight materials market. However, high costs of lightweight materials are anticipated to obstruct the market.

The lightweight materials market can be fragmented into consumer applications, products and geographies. The consumer applications market can be divided further into energy, defense, transportation, construction and electronics. Transportation was the largest consumer application.

The lightweight materials market, on the basis of products, can be segregated into titanium, magnesium, aluminum, HSS (high strength steel) and polymers and composites. Polymers and composites can be divided further into polypropylene, polyamides, glass reinforced plastic composites and polystyrene.

Globally, the lightweight materials market can be segmented into four key regions, North America, Asia Pacific, Europe and ROW (rest of the world). Asia Pacific dominated the market and was followed by North America and Europe. China was the largest manufacturer of automotives. It is anticipated to have increased demand for the lightweight materials market.

North America and Europe are expected to show steady growth over the coming years. This is due to expanding automotives, aerospace and construction industries in these regions. This trend is also predicted to drive the lightweight materials market in future.

Lightweight Materials Market

Information Source: Grand View Research