Hollow glass microspheres or bubbles are typically made of borosilicate-soda lime and offer various benefits such as low density, chemical resistance, and high heat. The glass microsphere's walls are relatively rigid and have a thickness of over 10% of a sphere's overall diameter. Hollow glass microspheres are increasingly being used to construct energy-efficient building structures by several constructors, designers, and building owners. The product is extensively accepted in coatings to achieve high overall solar reflectance within building coatings.
MARKET DYNAMICS
The hollow glass microspheres market has witnessed a significant growth owing to factors such as increasing application scope in paints and coatings. Moreover, the increasing demand for reduction of greenhouse gas emissions provide a huge market opportunity for the key players operating in the hollow glass microspheres market. However, volatile prices is projected to hamper the overall growth of the hollow glass microspheres market.
MARKET SCOPE
The "Global Hollow Glass Microspheres Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hollow glass microspheres market with detailed market segmentation product, application, and geography. The global hollow glass microspheres market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hollow glass microspheres market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hollow glass microspheres market is segmented on the basis of product and application. On the basis of product, the global hollow glass microspheres market is divided into uncoated and coated. On the basis of application, the global hollow glass microspheres market is divided into paints & coatings, plastic, composites & rubber, transportation, insulation and buoyancy, healthcare.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hollow glass microspheres market based on various segments. It also provides marketsize and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hollow glass microspheres market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the hollow glass microspheres market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the hollow glass microspheres market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hollow glass microspheres market based on various segments. It also provides marketsize and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hollow glass microspheres market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the hollow glass microspheres market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the hollow glass microspheres market in these regions.
MARKET PLAYERS
The reports cover key developments in the hollow glass microspheres market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market pl ayers from hollow glass microspheres market is anticipated to lucrative growth opportunities in the future with the rising demand for hollow glass microspheres in the global market. Below mentioned is the list of few companies engaged in the hollow glass microspheres market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hollow glass microspheres market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M
- Cenostar Corporation
- Cospheric LLC
- Geocon Products
- Kish Compnay Inc
- Mo-Sci Corporation
- Polysciences Inc
- Potters Industries LLC
- Sovitech
- Trellborg AB
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Hollow Glass Microspheres Market - By Product
1.3.2Hollow Glass Microspheres Market - By Application
1.3.3Hollow Glass Microspheres Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.HOLLOW GLASS MICROSPHERES MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.HOLLOW GLASS MICROSPHERES MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.HOLLOW GLASS MICROSPHERES MARKET - GLOBAL MARKET ANALYSIS
6.1.HOLLOW GLASS MICROSPHERES - GLOBAL MARKET OVERVIEW
6.2.HOLLOW GLASS MICROSPHERES - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.HOLLOW GLASS MICROSPHERES MARKET - REVENUE AND FORECASTS TO 2028 " PRODUCT
7.1.OVERVIEW
7.2.PRODUCT MARKET FORECASTS AND ANALYSIS
7.3.UNCOATED
7.3.1.Overview
7.3.2.Uncoated Market Forecast and Analysis
7.4.COATED
7.4.1.Overview
7.4.2.Coated Market Forecast and Analysis
8.HOLLOW GLASS MICROSPHERES MARKET - REVENUE AND FORECASTS TO 2028 " APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.PAINTS AND COATINGS
8.3.1.Overview
8.3.2.Paints and Coatings Market Forecast and Analysis
8.4.PLASTIC
8.4.1.Overview
8.4.2.Plastic Market Forecast and Analysis
8.5.COMPOSITES AND RUBBER
8.5.1.Overview
8.5.2.Composites and Rubber Market Forecast and Analysis
8.6.TRANSPORTATION
8.6.1.Overview
8.6.2.Transportation Market Forecast and Analysis
8.7.INSULATION AND BUOYANCY
8.7.1.Overview
8.7.2.Insulation and buoyancy Market Forecast and Analysis
8.8.HEALTHCARE
8.8.1.Overview
8.8.2.Healthcare Market Forecast and Analysis
9.HOLLOW GLASS MICROSPHERES MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Hollow Glass Microspheres Market Overview
9.1.2North America Hollow Glass Microspheres Market Forecasts and Analysis
9.1.3North America Hollow Glass Microspheres Market Forecasts and Analysis - By Product
9.1.4North America Hollow Glass Microspheres Market Forecasts and Analysis - By Application
9.1.5North America Hollow Glass Microspheres Market Forecasts and Analysis - By Countries
9.1.5.1United States Hollow Glass Microspheres Market
9.1.5.1.1United States Hollow Glass Microspheres Market by Product
9.1.5.1.2United States Hollow Glass Microspheres Market by Application
9.1.5.2Canada Hollow Glass Microspheres Market
9.1.5.2.1Canada Hollow Glass Microspheres Market by Product
9.1.5.2.2Canada Hollow Glass Microspheres Market by Application
9.1.5.3Mexico Hollow Glass Microspheres Market
9.1.5.3.1Mexico Hollow Glass Microspheres Market by Product
9.1.5.3.2Mexico Hollow Glass Microspheres Market by Application
9.2.EUROPE
9.2.1Europe Hollow Glass Microspheres Market Overview
9.2.2Europe Hollow Glass Microspheres Market Forecasts and Analysis
9.2.3Europe Hollow Glass Microspheres Market Forecasts and Analysis - By Product
9.2.4Europe Hollow Glass Microspheres Market Forecasts and Analysis - By Application
9.2.5Europe Hollow Glass Microspheres Market Forecasts and Analysis - By Countries
9.2.5.1Germany Hollow Glass Microspheres Market
9.2.5.1.1Germany Hollow Glass Microspheres Market by Product
9.2.5.1.2Germany Hollow Glass Microspheres Market by Application
9.2.5.2France Hollow Glass Microspheres Market
9.2.5.2.1France Hollow Glass Microspheres Market by Product
9.2.5.2.2France Hollow Glass Microspheres Market by Application
9.2.5.3Italy Hollow Glass Microspheres Market
9.2.5.3.1Italy Hollow Glass Microspheres Market by Product
9.2.5.3.2Italy Hollow Glass Microspheres Market by Application
9.2.5.4United Kingdom Hollow Glass Microspheres Market
9.2.5.4.1United Kingdom Hollow Glass Microspheres Market by Product
9.2.5.4.2United Kingdom Hollow Glass Microspheres Market by Application
9.2.5.5Russia Hollow Glass Microspheres Market
9.2.5.5.1Russia Hollow Glass Microspheres Market by Product
9.2.5.5.2Russia Hollow Glass Microspheres Market by Application
9.2.5.6Rest of Europe Hollow Glass Microspheres Market
9.2.5.6.1Rest of Europe Hollow Glass Microspheres Market by Product
9.2.5.6.2Rest of Europe Hollow Glass Microspheres Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Hollow Glass Microspheres Market Overview
9.3.2Asia-Pacific Hollow Glass Microspheres Market Forecasts and Analysis
9.3.3Asia-Pacific Hollow Glass Microspheres Market Forecasts and Analysis - By Product
9.3.4Asia-Pacific Hollow Glass Microspheres Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Hollow Glass Microspheres Market Forecasts and Analysis - By Countries
9.3.5.1Australia Hollow Glass Microspheres Market
9.3.5.1.1Australia Hollow Glass Microspheres Market by Product
9.3.5.1.2Australia Hollow Glass Microspheres Market by Application
9.3.5.2China Hollow Glass Microspheres Market
9.3.5.2.1China Hollow Glass Microspheres Market by Product
9.3.5.2.2China Hollow Glass Microspheres Market by Application
9.3.5.3India Hollow Glass Microspheres Market
9.3.5.3.1India Hollow Glass Microspheres Market by Product
9.3.5.3.2India Hollow Glass Microspheres Market by Application
9.3.5.4Japan Hollow Glass Microspheres Market
9.3.5.4.1Japan Hollow Glass Microspheres Market by Product
9.3.5.4.2Japan Hollow Glass Microspheres Market by Application
9.3.5.5South Korea Hollow Glass Microspheres Market
9.3.5.5.1South Korea Hollow Glass Microspheres Market by Product
9.3.5.5.2South Korea Hollow Glass Microspheres Market by Application
9.3.5.6Rest of Asia-Pacific Hollow Glass Microspheres Market
9.3.5.6.1Rest of Asia-Pacific Hollow Glass Microspheres Market by Product
9.3.5.6.2Rest of Asia-Pacific Hollow Glass Microspheres Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Hollow Glass Microspheres Market Overview
9.4.2Middle East and Africa Hollow Glass Microspheres Market Forecasts and Analysis
9.4.3Middle East and Africa Hollow Glass Microspheres Market Forecasts and Analysis - By Product
9.4.4Middle East and Africa Hollow Glass Microspheres Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Hollow Glass Microspheres Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Hollow Glass Microspheres Market
9.4.5.1.1South Africa Hollow Glass Microspheres Market by Product
9.4.5.1.2South Africa Hollow Glass Microspheres Market by Application
9.4.5.2Saudi Arabia Hollow Glass Microspheres Market
9.4.5.2.1Saudi Arabia Hollow Glass Microspheres Market by Product
9.4.5.2.2Saudi Arabia Hollow Glass Microspheres Market by Application
9.4.5.3U.A.E Hollow Glass Microspheres Market
9.4.5.3.1U.A.E Hollow Glass Microspheres Market by Product
9.4.5.3.2U.A.E Hollow Glass Microspheres Market by Application
9.4.5.4Rest of Middle East and Africa Hollow Glass Microspheres Market
9.4.5.4.1Rest of Middle East and Africa Hollow Glass Microspheres Market by Product
9.4.5.4.2Rest of Middle East and Africa Hollow Glass Microspheres Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Hollow Glass Microspheres Market Overview
9.5.2South and Central America Hollow Glass Microspheres Market Forecasts and Analysis
9.5.3South and Central America Hollow Glass Microspheres Market Forecasts and Analysis - By Product
9.5.4South and Central America Hollow Glass Microspheres Market Forecasts and Analysis - By Application
9.5.5South and Central America Hollow Glass Microspheres Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Hollow Glass Microspheres Market
9.5.5.1.1Brazil Hollow Glass Microspheres Market by Product
9.5.5.1.2Brazil Hollow Glass Microspheres Market by Application
9.5.5.2Argentina Hollow Glass Microspheres Market
9.5.5.2.1Argentina Hollow Glass Microspheres Market by Product
9.5.5.2.2Argentina Hollow Glass Microspheres Market by Application
9.5.5.3Rest of South and Central America Hollow Glass Microspheres Market
9.5.5.3.1Rest of South and Central America Hollow Glass Microspheres Market by Product
9.5.5.3.2Rest of South and Central America Hollow Glass Microspheres Market by Application
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.HOLLOW GLASS MICROSPHERES MARKET, KEY COMPANY PROFILES
11.1.3M
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.CENOSTAR CORPORATION
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.COSPHERIC LLC
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.GEOCON PRODUCTS
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.KISH COMPNAY INC
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.MO-SCI CORPORATION
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.POLYSCIENCES INC
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.POTTERS INDUSTRIES LLC
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.SOVITECH
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.TRELLBORG AB
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. 3M
2. Cenostar Corporation
3. Cospheric LLC
4. Geocon Products
5. Kish Compnay Inc
6. Mo-Sci Corporation
7. Polysciences Inc
8. Potters Industries LLC
9. Sovitech
10. Trellborg AB
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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