SAN FRANCISCO, U.S., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Polymethyl Methacrylate (PMMA) Microspheres Market By Size (0 To 30 Microns, And Above 30 Microns), By Application (Signs & Displays, Cosmetic Additives, Paints & Ink Additives, Polymers & Films, And Other Applications), By End-User Industry (Lifesciences And Medical, Personal Care & Cosmetics, Paints & Coatings, Plastics, And Other End-User Industries) And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.
“According to the latest research study, the global Polymethyl Methacrylate (PMMA) Microspheres Market size was valued at around USD 403 million in 2022. The market is expected to grow at a CAGR of 7.15% and is anticipated to reach USD 761 million by 2030.”
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Polymethyl Methacrylate (PMMA) Microspheres Market Overview:
Acrylic microspheres and spheres are thermoplastic spherical polymer beads produced from methyl methacrylate polymer. These infinitesimal spheres are made of polymethyl methacrylate, a clear thermoplastic noted for its optical purity and durability. Microspheres made of polymethylmethacrylate (PMMA) are utilized in a variety of applications, including medicine, cosmetics, and research. In medicine, they are used as embolic agents for minimally invasive procedures, drug delivery vehicles, and components of medical devices.
A variety of cosmetics use PMMA microspheres to impart texture, opacity, and mattifying properties. Their uniform size distribution and compatibility with a wide range of substances make them ideal tools for scientific research, such as particle size analysis and flow visualization. PMMA microspheres have a variety of qualities that make them useful for a variety of industries.
Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, Revenue Analysis, SWOT Analysis, Historic and Forecast Growth, Porter's 5 Forces Analysis
- Zion Market Research Methodology
Report Scope:
| Report Attribute | Report Details |
| Market Size in 2022 | USD 403 Million |
| Market Forecast in 2030 | USD 761 Million |
| Growth Rate | CAGR of 7.15% |
| Base Year | 2022 |
| Forecast Years | 2023- 2030 |
| Key Companies Covered | Nippon Shokubai Co. Ltd, Dynea AS, Sekisui Kasei Co. Ltd., Kuraray Co. Ltd., HEYO, Kobo Products Inc., Cospheric LLC, Imperial Microspheres, Lab261., Trinseo, Microchem, Microbeads AS., and others. |
| Segments Covered | By Size, By Application, By End-User Industry, and By Region |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Customization Scope | Avail customized purchase options to meet your exact research needs. |
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Key Insights from Primary Research
- The global Polymethyl Methacrylate (PMMA) Microspheres market is projected to grow at a significant rate due to the growing demand for PMMA microspheres in the medical industry.
- Based on size segmentation, 0-30 microns was predicted to hold the maximum market share in the year 2022.
- Based on application segmentation, cosmetic additives were the leading revenue generator in 2022.
- Based on end-user industry segmentation, life sciences and medical were the leading revenue generator in 2022.
- On the basis of region, Asia Pacific was the leading revenue generator in 2022.
Polymethyl Methacrylate (PMMA) Microspheres Market: Growth Drivers
- Increasing demand for Polymethyl Methacrylate (PMMA) Microspheres in the medical industry to drive market growth
In medical applications, polymethyl methacrylate (PMMA) microspheres are in high demand due to their crucial function in minimally invasive procedures such as embolization. Microspheres made of polymethylmethacrylate (PMMA) are utilized as a reliable embolic agent to occlude blood vessels and treat diseases such as cancer and vascular abnormalities. Their precise dimensions and biocompatibility allow for excellent targeting, eliminating the need for invasive procedures. Microspheres made of polymethylmethacrylate (PMMA) are also useful in drug delivery systems and tissue engineering, allowing for controlled release and enhancing therapeutic effects. This increase in medical use is being driven by the demand for less invasive procedures, improved patient outcomes, and improved medical technology, highlighting the crucial role of PMMA microspheres in shaping the future of medical procedures. For example, PMMA microspheres-based artificial bone cement is also extensively used in orthopedics, owing to its great mechanical properties.
Polymethyl Methacrylate (PMMA) Microspheres Market: Restraints
- High cost of production is likely to stymie market growth
The production of uniform and precisely sized microspheres necessitates the use of sophisticated manufacturing techniques, which result in increased production costs. Variables such as the need for specialized equipment, meticulous control of polymerization conditions, and difficulties in maintaining uniform size distribution contribute to these costs. The production costs of PMMA microspheres have an impact on their affordability and accessibility, potentially limiting their application in a variety of industries.
Browse the full “Polymethyl Methacrylate (PMMA) Microspheres Market By Size (0 To 30 Microns, And Above 30 Microns), By Application (Signs & Displays, Cosmetic Additives, Paints & Ink Additives, Polymers & Films, And Other Applications), By End-User Industry (Lifesciences And Medical, Personal Care & Cosmetics, Paints & Coatings, Plastics, And Other End-User Industries) And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” Report at https://www.zionmarketresearch.com/report/polymethyl-methacrylate-pmma-microspheres-market
Polymethyl Methacrylate (PMMA) Microspheres Market: Segmentation
The global Polymethyl Methacrylate (PMMA) Microspheres market is segmented based on size, application, end-user industry, and region.
Based on size, the global market segments are 0 to 30 microns and above 30 microns. At present, the polymethyl methacrylate microspheres industry is dominated by the 0–30 micron segment. This is due to the fact that this size range is appropriate for applications requiring opacity and bulk, such as cosmetics, paints, and coatings.
Based on application, the global polymethyl methacrylate microspheres market is categorized into signs & displays, cosmetic additives, paints & ink additives, polymers & films, and other applications. Out of these, cosmetic additives had the largest shareholding segment in the global market.
Based on end-user industry, the global polymethyl methacrylate microspheres industry is categorized into life-sciences and medical, personal care & cosmetics, paints & coatings, plastics, and other end-user industries. The end-user industry of PMMA microspheres has the largest shareholding in the life sciences & medical segment.
Regional Analysis:
- Asia Pacific to lead the market during the forecast period
Asia-Pacific is anticipated to account for the greatest share of the global polymethyl methacrylate microsphere market. The majority of the growth is attributable to the acceleration of economic development, followed by substantial investments in the construction, medical, electronics, and automotive industries. As a result of economic constraints and market saturation in Europe and North America, demand is migrating to Asia-Pacific. Asia-Pacific consists of major emerging nations like China, Japan, and India. Consequently, the scope of development for the majority of sectors is vast.
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Competitive Players:
The report contains qualitative and quantitative research on the global Polymethyl Methacrylate (PMMA) Microspheres market, as well as detailed insights and development strategies employed by the leading competitors.
Some of the main players in the global Polymethyl Methacrylate (PMMA) Microspheres market include;
- Nippon Shokubai Co. Ltd
- Dynea AS
- Sekisui Kasei Co. Ltd.
- Kuraray Co. Ltd.
- HEYO
- Kobo Products Inc.
- Cospheric LLC
- Imperial Microspheres
- Lab261.
- Trinseo
- Microchem
- Microbeads AS.
Recent Industry Developments:
- In January 2022, Nippon Shokubai Co., Ltd. and a research team created a coating substance that has the potential to provide the surfaces of different materials an antibacterial and antiviral impact.
The global Polymethyl Methacrylate (PMMA) Microspheres market is segmented as follows:
By Size
- 0 to 30 Microns
- Above 30 Microns
By Application
- Signs & Displays
- Cosmetic Additives
- Paints & Ink Additives
- Polymers & Films
- Other applications
By End-User Industry
- Lifesciences and Medical
- Personal Care & Cosmetics
- Paints & Coatings
- Plastics
- Other end-user industries
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Key questions answered in this report:
What is the market size and growth rate forecast for Polymethyl Methacrylate (PMMA) Microspheres industry?
The global polymethyl methacrylate (PMMA) microspheres market size was worth around USD 403 million in 2022 and is predicted to grow to around USD 761 million by 2030 with a compound annual growth rate (CAGR) of roughly 7.15% between 2023 and 2030.
What are the main driving factors propelling the Polymethyl Methacrylate (PMMA) Microspheres Market forward?
The global polymethyl methacrylate (PMMA) microspheres market cap may grow owing to the increasing demand for PMMA from the medical sector. Significant growth opportunities can be expected due to the growing demand for customization and tailored solutions.
Which region will contribute notably towards the polymethyl methacrylate (PMMA) microspheres market value?
The global polymethyl methacrylate (PMMA) microspheres market growth is expected to be driven by Asia Pacific. It is currently the world’s highest revenue-generating market owing to the acceleration of economic development, followed by significant investment in the construction, medical, electronics, and automotive industries.
Key Offerings:
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market
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