Image

Global Polyurethane (PU) Microspheres Market – Industry Trends and Forecast to 2029

Chemical and Materials

Image

Global Polyurethane (PU) Microspheres Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Aug 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Polyurethane (PU) Microspheres Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 79.98 USD Million
Diagram Market Size (Forecast Year) USD 142.64 USD Million
Diagram CAGR %

Major Markets Players

  • Dummy1
  • Dummy2
  • Dummy3
  • Dummy4
  • Dummy5

Global Polyurethane (PU) Microspheres Market, By Application (Encapsulation, Coatings, Adhesives, Cosmetics, Other) – Industry Trends and Forecast to 2029

Polyurethane (PU) Microspheres Market

Polyurethane (PU) Microspheres Market Analysis and Size

Now-a-days, polyurethane (PU) microsphere are one of the most versatile polymer compounds. The major trend witnessed in the polyurethane microspheres market is the backward integration by the major market players which has employed in encapsulation industry. The market players are now integrating polyurethane microspheres in encapsulation and manufacturing operations to develop in-house products. The encapsulation is the highest growing application segment due to its huge consumption from several end user industries such as paints and coatings, pharmaceutical, and agro chemical industries overall forecast period. The growing application as an encapsulating agent in several application industries such as paints and coatings, pharmaceutical, and agrochemical is expected to major driving factor for the growth of the polyurethane (PU) microsphere market over the forecast period.

Data Bridge Market Research analyses that the polyurethane (PU) microspheres market is expected to undergo a CAGR of 7.50% during the forecast period. This indicates that the market value, which was USD 79.98 million in 2021, would rocket up to USD 142.64 million by 2029.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Polyurethane (PU) Microspheres Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD million, Volumes in Units, Pricing in USD

Segments Covered

Application (Encapsulation, Coatings, Adhesives, Cosmetics, Other)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Sanyo chemical industries Ltd. (Japan), Supercolori S.p.A. (Italy), Kolon Industry Inc. (South Korea), Bayer AG (Germany), Heyo Enterprise Co. Ltd. (Taiwan), Chase Corp (U.S.), BASF SE (Germany), SABIC (Saudi Arabia), 3M (U.S.), Asahi Kasei Chemicals Corporation (Japan), Solvay (Belgium), Sumitomo Chemical Co., Ltd (Japan), LyondellBasell Industries Holdings BV (Netherlands), Momentive (U.S.), Mitsubishi Chemical Corporation (Japan), Polyplastics Co. Ltd. (Japan)

Market Opportunities

  • Growth and expansion of pint and coating industry
  • Technological advancement
  • Rising research and development opportunities
  • Rising demand due to wide range application of polyurethane (PU) microspheres

Market Definition

Microspheres are small spherical particles which are produced from natural or synthetic materials. Polyurethane (PU) microsphere exhibit several advantageous features such as uniform film and coating thickness, narrow particle distribution, lower incidence of edge defects, and smooth aesthetic appearance in products. 

Polyurethane (PU) Microspheres Market Dynamics

Drivers

  • Growing demand for encapsulation in drug delivery and crop protection

The growing usage of polyurethane (PU) microspheres as an encapsulating agent in several application industries is expected to a major driving factor for the growth of the polyurethane (PU) microspheres market over the forecast period. The immensely growing demand for an encapsulant in crop protection and drug delivery has led to high demand for polyurethane (PU) microspheres in the pharmaceuticals and agrochemicals industry. Controlled chemical release of disinfectants, biocides and pesticides from encapsulation, resulting in effective delivery which is anticipated to supplement demand of polyurethane (PU) microspheres in these industries.

  • Increasing demand of polyurethane (PU) microspheres in power plants

Polyurethane (PU) microspheres are spherical materials such as glass and ceramics that are commercially available in the market. These are used in several industrial applications because of their remarkable density, rigidity and durability. These polyurethane (PU) microspheres materials are extremely versatile for conventional power plants due to their standard coating and superior surface finishing methods.

Furthermore, polyurethane microspheres have become more predominant in paint and coating industry because of their better thickening properties. They also used as a matting agent, which is anticipated to increase demand for furniture and design applications which are expected to drive the growth rate of the polyurethane microspheres market.

Opportunities

  • Rising demand due to wide range application of polyurethane (PU) microspheres

The wide range application of polyurethane (PU) microspheres in several industries has created beneficial opportunities for this product in other industries due to growing research investments in the product's studies. Polyurethane (PU) microspheres delivers multiple applications compared to other polymers available in the market due to its excellent chemical and physical properties.

  • Technological advancement

Recent advancements in nanotechnology and micro technology have resulted in a wide range of particles with precisely regulated chemical compositions, shapes, sizes and unique features. A single-step phase separation method was used in the studies to generate a specific type of heparin-functionalized Polyurethane microsphere (Hep-PU MS).In addition to this, the Hep-PU MSs with desirable bioproperties can be easily modified so that it can adapt several biomedical applications due to the simplicity of the high hem compatibility, functionalized technique and slow-release of heparin.

Therefore, the continuing research on polyurethane (PU) microspheres and their applications in several industries are anticipated to create enormous opportunities for the growth of the polyurethane (PU) microspheres forecast period.

Restraints/Challenges

  • High cost associate polyurethane (PU) microsphere

High operating costs combined with high investment in infrastructure configurations iare demeaning the market's growth, which are the major restraint for the growth of the polyurethane (PU) microspheres market.

This polyurethane (PU) microspheres market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the polyurethane (PU) microspheres market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Polyurethane (PU) Microspheres Market

The polyurethane (PU) microspheres market has witnessed to a slight decrease in the growth due to the outbreak of COVID-19 pandemic since the major manufacturing plants were shut down. Further numerous nations have restricted the production activities during this COVID-19 pandemic. The major lockdown lead to sudden decline of the consumers' interest in purchasing any goods and halt consumer and transportation sectors which has hindered the growth of the polyurethane (PU) microspheres market. Furthermore, due to this pandemic, many ongoing research on polyurethane (PU) microspheres was put on hold, hindering the opportunities that will create growth in the forecast period.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Polyurethane (PU) Microspheres Market Scope

The polyurethane (PU) microspheres market is segmented on the basis of application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

  • Encapsulation
  • Coatings
  • Adhesives
  • Cosmetics
  • Others

Polyurethane (PU) Microspheres Market Regional Analysis/Insights

The polyurethane (PU) microspheres market is analysed and market size insights and trends are provided by country, application as referenced above.

The countries covered in the polyurethane (PU) microspheres market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the polyurethane (PU) microspheres market due to rising demand for PU paints, which acts as matting agents in architecture coating and wood finishes which is anticipated to increase the demand for polyurethane (PU) microspheres in the paint & coating sector in this region.

Europe will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 due to increase in compliance of these particles with the EU's rigorous requirements in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Polyurethane (PU) Microspheres Market Share Analysis

The polyurethane (PU) microspheres market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to polyurethane (PU) microspheres market.

Some of the major players operating in the polyurethane (PU) microspheres market are:

  • Sanyo chemical industries Ltd. (Japan)
  • Supercolori S.p.A. (Italy)
  • Kolon Industry Inc. (South Korea)
  • Bayer AG (Germany)
  • Heyo Enterprise Co. Ltd. (Taiwan)
  • Chase Corp (U.S.)
  • BASF SE (Germany)
  • SABIC (Saudi Arabia)
  • 3M (U.S.)
  • Asahi Kasei Chemicals Corporation (Japan)
  • Solvay (Belgium)
  • Sumitomo Chemical Co., Ltd (Japan)
  • LyondellBasell Industries Holdings BV (Netherlands)
  • Momentive (U.S.)
  • Mitsubishi Chemical Corporation (Japan)
  • Polyplastics Co. Ltd. (Japan)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The polyurethane (PU) microspheres market value is projected USD 142.64 million by 2029.
The market is to grow at a CAGR of 7.50% during the forecast by 2029.
On the basis of application, the Polyurethane (PU) Microspheres Market is segmented into Encapsulation, Coatings, Adhesives, Cosmetics, Other.
The significant factors flourishing the growth of the Polyurethane (PU) Microspheres Market are growing demand for encapsulation in drug delivery and crop protection, and increasing demand of polyurethane (PU) microspheres in power plants.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials