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Expandable Microspheres Market Share

Report ID: GMI9766
Published Date: Jun 2024
Report Format: PDF

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Expandable Microspheres Market Share

Expandable Microspheres Market Company Share, (2023)

As prominent players in the market AkzoNobel, Chase Corporation, Chinasinno, Crerax, and Dennert Poraver GmbH stand out as prominent players in the expandable microspheres industry, each contributing significantly to its growth. AkzoNobel, a global leader in paints and coatings, leverages expandable microspheres to enhance product performance, offering solutions that cater to diverse applications such as automotive coatings and construction materials. Chase Corporation specializes in specialty materials, utilizing expandable microspheres in various industries including electronics, aerospace, and packaging, driving innovation and market expansion.

Chinasinno, a major manufacturer of expandable microspheres in China, plays a pivotal role in meeting the growing demand within the region and globally, bolstering market growth through its production capabilities and product quality. Crerax, known for its advanced materials solutions, contributes to market growth by providing expandable microspheres for applications in lightweight composites, insulation materials, and adhesives. Dennert Poraver GmbH, a leading supplier of lightweight fillers, offers expandable microspheres as an eco-friendly alternative for construction materials, contributing to sustainability efforts and market expansion in the construction sector. These companies collectively drive innovation, meet evolving market demands, and propel the expansion of the market worldwide.

Expandable Microspheres Market Companies

Major players operating in the expandable microspheres industry include:

AkzoNobel
Chase Corporation
Chinasinno
Crerax
Dennert Poraver GmbH
Kumyang
Kureha Corporation
Mark Impex
Matsumoto Yushi-Seiyaku Co., Ltd
Nanjing Chemical Material Corp.
Nouryon
Sekisui Chemical Co., Ltd.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for expandable microspheres was valued at USD 4.17 billion in 2023 and is anticipated to register over 11.4 % CAGR between 2024 and 2032 driven by the innovation and development of new applications.

The wet type segment in the expandable microspheres market recorded USD 2.64 billion in 2023 and is expected to generate USD 7 billion by 2032 due to their ability to expand rapidly and uniformly in the presence of moisture.

North America microspheres market generated a revenue of USD 1.57 billion in 2023 and is predicted to reach USD 4.04 billion in 2032, attributed to the advanced manufacturing infrastructure, and continuous technological advancements.

AkzoNobel, Chase Corporation, Chinasinno, Crerax, Dennert Poraver GmbH, Kumyang, Kureha Corporation, Mark Impex, Matsumoto Yushi-Seiyaku Co., Ltd, Nanjing Chemical Material Corp., Nouryon, and Sekisui Chemical Co., Ltd.