Global Polymer Microspheres Market Growth, Trends and Forecast to 2023 - Increasing Demand from the Electronics Industry is Driving Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 9, 2018--The “Global Polymer Microspheres Market - Segmented by Type, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The market for polymer microspheres is expected to register a significant growth, with a CAGR of 9.12%, during the forecast period, 2018 to 2023. This growth is the consequence of the increasing demand from the electronics industry.
Polymer microspheres have been witnessing a high demand from the electronics industry, due to their usage in the electronic equipment displays. They have a wide range of other applications in the electronics sector, including usage in LCD screens and monitors, and mobile phone screens. Polymer (especially PMMA) microspheres are highly preferred for mobile phone screens, as they provide optical clarity, toughness, impact resistance, and high light transmission. Polymer microspheres are also extensively used in the manufacturing of LED light guide panels and lens caps.
With the growing electronics industry in countries, such as China, India, Japan, Canada, and Mexico, the demand and for and usage of polymer microspheres are expected to increase in the electronics industry. The growth of the electronics industry in developed and developing economies is expected to significantly benefit the polymer microspheres market. Additionally, the demand for polymer microspheres is expected to further benefit from an increase in demand for laptops and smartphones, during the forecast period.
Key HighlightsCosmetics & Personal Care End-user Segment to Drive the Market Growth Asia-Pacific to Drive the Market Growth
Key Developments in the MarketJuly 2017: Akzo Nobel’s Specialty Chemicals business has invested more than EUR 20 million, to increase the production capacity in Sweden, for its Expancel product line (expandable microspheres).
Key Topics Covered
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Analysis
7. Future of the Market
8. Competitive Landscape
9. Company ProfilesAkzoNobel Chase Corporation Cospheric LLC EPRUI Nanoparticles & Microspheres Co. Ltd. Kish Company Luminex Corporation Matsumoto Yushi Seiyaku Co. Ltd Merck KGaA Microbeads AS MicroChem Microspheres-Nanospheres Phosphorex Inc. PolyMicrospheres Polysciences Inc. Sekisui Plastics Sunjin Chemical Co. Ltd ThermoFisher
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SOURCE: Research and Markets
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PUB: 08/09/2018 04:41 AM/DISC: 08/09/2018 04:40 AM