- Microcellular plastics are specifically formulated to make micro-aperture cells in polymers medium. This medium is used for three fundamental functions. These include bringing on a thermodynamic volatility, making a polymer/gas solution and containing the dispersion growth of the steady nuclei.
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The microcellular plastics market is witnessing huge growth. This is on account of increased applications of microcellular plastics in Europe and North America. Microcellular plastics also find their usage in various applications, including transportation, electronics, food & packaging, biomedical and constructions.
Microcellular plastics are manufactured by using environmental friendly gases, including carbon dioxide and nitrogen. These plastics have some remarkable properties. These include light weight, thermal insulation, energy absorption, sound insulation, cushioning, tissue engineering scaffolds and selective light transmission & diffusion.
Driving factors for the microcellular plastics market are increasing consumer industries and remarkable properties of microcellular plastics over other ones. However, high material costs and less range of processing units are likely to hinder the market. The microcellular plastics market can be bifurcated into applications and geographies.
The applications include biomedical, constructions, transportations, food & packaging, electronics and toys. Geographically, the microcellular plastics market can be split into North America, Asia Pacific, Europe and ROW (rest of the world). The market is dominated by Europe and North America. Asia Pacific follows the aforementioned regions.
This owes to rapid demand for high performance micro particles and emerging players in the region. Asia Pacific is also predicted to be the fastest growing microcellular plastics market. Increasing medical and infrastructure sectors are also expected to boost the microcellular plastics market.
Information Source: Grand View Research
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