Polyurethane (PU) Microspheres Market Analysis By Application (Encapsulation, Paints & Coatings, Adhesive Films, Cosmetics) And Segment Forecasts To 2024

Published: Mar, 2013 | Pages: 86 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global polyurethane (PU) microspheres market is expected to reach USD 88.01 million by 2024, according to a new report by Grand View Research, Inc. Increasing usage of PU microspheres as encapsulants in crop protection and drug delivery system is expected to remain a key demand driver over the forecast period.

Technical feasibility problems such as poor control of drug release and inactivation of drugs during fabrication have led producers to integrate backward and manufacture microspheres on their own, meeting over half of the total demand.

Pricing of PU microspheres is largely influenced by costs associated with its synthesis from base resin. Also, additive pricing plays a major role as their composition varies according to the end-use requirements and product grades. A stable outlook for PU resin prices is likely to have a positive impact on producer's margins and prices at the consumer level.

Encapsulation emerged as the most dominant application segment and accounted for over 45% of total market volume in 2015. Paints & coating is expected to witness the highest growth rate of 5.3% from 2016 to 2024, growth being driven by increasing use of PU based paints acting as a matting agent in wood floor furnishings and automotive coatings.

Further key findings from the report suggest:

The global polyurethane microspheres market demand was 16.5 kilo tons in 2015 and is expected to reach 25.4 kilo tons by 2024, growing at a CAGR of 4.9% from 2015 to 2024

Adhesive film is expected to exhibit considerable growth and is expected to account for over 10% of global volume by 2024. Rapidly growing electronics and packaging industries in emerging economies of China and India is anticipated to boost application segment growth over the forecast period.

Europe was the leading regional market with demand share estimated over 34% in 2015. It is a key consumer of wood, plastic and architectural coatings required for automotive underbody necessitating use of PU microspheres. Increasing compliance of these particles with stringent EU regulations is expected to positively impact regional demand.

Asia Pacific is poised to be the fastest growing regional market on account of expanding industrial base and growing major end-use industries such as construction and electronics.

Latin America is projected to grow at an estimated CAGR of 5.1% from 2016 to 2024. The growth can be attributed to rapid urbanization resulting in need for sustainable infrastructure and consequent demand for paints & coatings.

Polyurethane microspheres industry is moderately consolidated with the presence of few participants across the globe. Some leading companies operating in the global market include Bayer Material Science, Kolon Industry, Inc., Supercolori S.p.A., Chase Corporation and Microchem.

 Table of Contentss

Chapter 1 Methodology and Scope
                    1.1 Research methodology
                    1.2 Research scope and assumptions
                    1.3 List of data sources
Chapter 2 Executive Summary
                    2.1 Polyurethane Microspheres - Industry Summary & Key Buying Criteria, 2014 - 2024
Chapter 3 Polyurethane Microspheres Industry Outlook
                    3.1 Market segmentation
                    3.2 Market size and growth prospects, 2014 - 2014
                    3.3 Polyurethane microspheres value chain analysis
                         3.3.1 Vendor landscape
                    3.4 Polyurethane microspheres market dynamics
                         3.4.1 Market driver analysis
                                3.4.1.1 Growing residential real estate sector
                                3.4.1.2 Increasing construction spending in emerging economies
                         3.4.2 Market restraint analysis
                                3.4.2.1 Raw material supply constraints
                    3.5 Key opportunities prioritized
                    3.6 Industry analysis - Porter's
                    3.7 Polyurethane microspheresPESTEL analysis
Chapter 4 Polyurethane MicrospheresApplication Outlook
                    4.1 Global polyurethane microspheres market volume share by application, 2015 & 2024
                    4.2 Encapsulants
                         4.2.1 Market estimates & forecasts, 2014 - 2024
                         4.2.2 Market estimates & forecasts by region, 2014 - 2024
                    4.3 Paints & Coatings
                         4.3.1 Market estimates & forecasts, 2014 - 2024
                         4.3.2 Market estimates & forecasts by region, 2014 - 2024
                    4.4 Adhesive Films
                         4.4.1 Market estimates & forecasts, 2014 - 2024
                         4.4.2 Market estimates & forecasts by region, 2014 - 2024
                    4.5 Cosmetics
                         4.5.1 Market estimates & forecasts, 2014 - 2024
                         4.5.2 Market estimates & forecasts by region, 2014 - 2024
Chapter 5 Polyurethane MicrospheresRegional Outlook
                    5.1 Global polyurethane microspheres market share by region, 2015 & 2024
                    5.2 North America
                         5.2.1 Market estimates & forecasts, 2014 - 2024
                         5.2.2 Market estimates & forecasts by application, 2014 - 2024
                         5.2.3 U.S.
                                5.2.3.1 Market estimates & forecasts, 2014 - 2024
                                5.2.3.2 Market estimates & forecasts by application, 2014 - 2024
                         5.2.4 Canada
                                5.2.4.1 Market estimates & forecasts, 2014 - 2024
                                5.2.4.2 Market estimates & forecasts by application, 2014 - 2024
                    5.3 Europe
                         5.3.1 Market estimates & forecasts, 2014 - 2024
                         5.3.2 Market estimates & forecasts by application, 2014 - 2024
                         5.3.3 Germany
                                5.3.3.1 Market estimates & forecasts, 2014 - 2024
                                5.3.3.2 Market estimates & forecasts by application, 2014 - 2024
                         5.3.4 UK
                                5.3.4.1 Market estimates & forecasts, 2014 - 2024
                                5.3.4.2 Market estimates & forecasts by application, 2014 - 2024
                    5.4 Asia Pacific
                         5.4.1 Market estimates & forecasts, 2014 - 2024
                         5.4.2 Market estimates & forecasts by application, 2014 - 2024
                         5.4.3 China
                                5.4.3.1 Market estimates & forecasts, 2014 - 2024
                                5.4.3.2 Market estimates & forecasts by application, 2014 - 2024
                         5.4.4 India
                                5.4.4.1 Market estimates & forecasts, 2014 - 2024
                                5.4.4.2 Market estimates & forecasts by application, 2014 - 2024
                    5.5 Central & South America (CSA)
                         5.5.1 Market estimates & forecasts, 2014 - 2024
                         5.5.2 Market estimates & forecasts by application, 2014 - 2024
                    5.6 Middle East & Africa
                         5.6.1 Market estimates & forecasts, 2014 - 2024
                         5.6.2 Market estimates & forecasts by application, 2014 - 2024
Chapter 6 Competitive Landscape
                    6.1 Microchem
                         6.1.1 Company Overview
                         6.1.2 Financial Performance
                         6.1.3 Product Benchmarking
                         6.1.4 Strategic Initiatives
                    6.2 Supercolori S.p.A.
                         6.2.1 Company Overview
                         6.2.2 Financial Performance
                         6.2.3 Product Benchmarking
                         6.2.4 Strategic Initiatives
                    6.3 Heyo Enterprise Co. Ltd.
                         6.3.1 Company Overview
                         6.3.2 Financial Performance
                         6.3.3 Product Benchmarking
                         6.3.4 Strategic Initiatives
                    6.4 Sanyo Chemical Industries Ltd.
                         6.4.1 Company Overview
                         6.4.2 Financial Performance
                         6.4.3 Product Benchmarking
                         6.4.4 Strategic Initiatives
                    6.5 Bayer Material Science
                         6.5.1 Company Overview
                         6.5.2 Financial Performance
                         6.5.3 Product Benchmarking
                         6.5.4 Strategic Initiatives
                    6.6 Chase Corporation
                         6.6.1 Company Overview
                         6.6.2 Financial Performance
                         6.6.3 Product Benchmarking
                         6.6.4 Strategic Initiatives
                    6.7 Kolon Industry, Inc.
                         6.7.1 Company Overview
                         6.7.2 Financial Performance
                         6.7.3 Product Benchmarking
                         6.7.4 Strategic Initiatives
                    6.8 Covestro AG
                         6.8.1 Company Overview
                         6.8.2 Financial Performance
                         6.8.3 Product Benchmarking
                         6.8.4 Strategic Initiatives
                    6.9 Microcaps
                         6.9.1 Company Overview
                         6.9.2 Financial Performance
                         6.9.3 Product Benchmarking
                         6.9.4 Strategic Initiatives
                    6.10 ICB Pharma
                         6.10.1 Company Overview
                         6.10.2 Financial Performance
                         6.10.3 Product Benchmarking
                         6.10.4 Strategic Initiatives

List of Tables

TABLE 1 Polyurethane Microspheres- Industry Summary & Key Buying Criteria, 2014 - 2024
TABLE 2 Global polyrethane microspheres estimates, 2015 - 2024 (Tons) (USD Million)
TABLE 3 Global polyrethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 4 Global polyrethane microspheres market volume estimates by region, 2014 - 2016 (Tons)
TABLE 5 Global polyrethane microspheres market volume estimates & forecasts by region, 2017 - 2024 (Tons)
TABLE 6 Global polyrethane microspheres market revenue estimates by region, 2014 - 2016 (USD Million)
TABLE 7 Global polyrethane microspheres market revenue estimates & forecasts by region, 2017 - 2024 (USD Million)
TABLE 8 Global polyrethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 9 Global polyrethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 10 Global polyrethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 11 Global polyrethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)
TABLE 12 Global polyrethane microspheres market vendor landscape
TABLE 13 Polyurethane microspheres market estimates from encapsulation, 2014 - 2016 (Tons) (USD Million)
TABLE 14 Polyurethane microspheres market estimates & forecasts from encapsulation, 2017 - 2024 (Tons) (USD Million)
TABLE 15 Polyurethane microspheres market volume estimates from encapsulationby region, 2014 - 2016 (Tons)
TABLE 16 Polyurethane microspheres market volume estimates & forecasts from encapsulationby region, 2017 - 2024 (Tons)
TABLE 17 Polyurethane microspheres market revenue estimates from encapsulationby region, 2014 - 2016 (USD Million)
TABLE 18 Polyurethane microspheres market revenue estimates & forecasts from encapsulationby region, 2017 - 2024 (USD Million)
TABLE 19 Polyurethane microspheres market estimates from paints & coatings, 2014 - 2016 (Tons) (USD Million)
TABLE 20 Polyurethane microspheres market estimates & forecasts from paints & coatings, 2017 - 2024 (Tons) (USD Million)
TABLE 21 Polyurethane microspheres market volume estimates from paints & coatingsby region, 2014 - 2016 (Tons)
TABLE 22 Polyurethane microspheres market volume estimates & forecasts from paints & coatings by region, 2017 - 2024 (Tons)
TABLE 23 Polyurethane microspheres market revenue estimates from paints & coatingsby region, 2014 - 2016 (USD Million)
TABLE 24 Polyurethane microspheres market revenue estimates & forecasts from paints & coatings by region, 2017 - 2024 (USD Million)
TABLE 25 Polyurethane microspheres market estimates from adhesive films, 2014 - 2016 (Tons) (USD Million)
TABLE 26 Polyurethane microspheres market estimates & forecasts from adhesive films, 2017 - 2024 (Tons) (USD Million)
TABLE 27 Polyurethane microspheres market volume estimates from adhesive filmsby region, 2014 - 2016 (Tons)
TABLE 28 Polyurethane microspheres market volume estimates & forecasts from adhesive films by region, 2017 - 2024 (Tons)
TABLE 29 Polyurethane microspheres market revenue estimates from adhesive filmsby region, 2014 - 2016 (USD Million)
TABLE 30 Polyurethane microspheres market revenue estimates & forecasts from adhesive filmsby region, 2017 - 2024 (USD Million)
TABLE 31 Polyurethane microspheres market estimates from cosmetics, 2014 - 2016 (Tons) (USD Million)
TABLE 32 Polyurethane microspheres market estimates & forecasts from cosmetics, 2017 - 2024 (Tons) (USD Million)
TABLE 33 Polyurethane microspheres market volume estimates from cosmeticsby region, 2014 - 2016 (Tons)
TABLE 34 Polyurethane microspheres market volume estimates & forecasts from cosmetics by region, 2017 - 2024 (Tons)
TABLE 35 Polyurethane microspheres market revenue estimates from cosmeticsby region, 2014 - 2016 (USD Million)
TABLE 36 Polyurethane microspheres market revenue estimates & forecasts from cosmeticsby region, 2017 - 2024 (USD Million)
TABLE 37 Polyurethane microspheres market estimates from others, 2014 - 2016 (Tons) (USD Million)
TABLE 38 Polyurethane microspheres market estimates & forecasts from others, 2017 - 2024 (Tons) (USD Million)
TABLE 39 Polyurethane microspheres market volume estimates from othersby region, 2014 - 2016 (Tons)
TABLE 40 Polyurethane microspheres market volume estimates & forecasts from othersby region, 2017 - 2024 (Tons)
TABLE 41 Polyurethane microspheres market revenue estimates from othersby region, 2014 - 2016 (USD Million)
TABLE 42 Polyurethane microspheres market revenue estimates & forecasts from othersby region, 2017 - 2024 (USD Million)
TABLE 43 North America polyurethane microspheres market estimates, 2014 - 2016 (Tons) (USD Million)
TABLE 44 North America polyurethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 45 North America polyurethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 46 North America polyurethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 47 North America polyurethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 48 North America polyurethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)
TABLE 49 U.S. polyurethane microspheres market estimates, 2014 - 2016 (Tons) (USD Million)
TABLE 50 U.S. polyurethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 51 U.S. polyurethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 52 U.S polyurethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 53 U.S. polyurethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 54 U.S. polyurethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)
TABLE 55 Canada polyurethane microspheres market estimates, 2014 - 2016 (Tons) (USD Million)
TABLE 56 Canada polyurethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 57 Canada polyurethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 58 Canada polyurethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 59 Canada polyurethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 60 Canada polyurethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)
TABLE 61 Europe polyurethane microspheres market estimates, 2014 - 2016 (Tons) (USD Million)
TABLE 62 Europe polyurethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 63 Europe polyurethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 64 Europe polyurethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 65 Europe polyurethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 66 Europe polyurethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)
TABLE 67 Germany polyurethane microspheres market estimates, 2014 - 2016 (Tons) (USD Million)
TABLE 68 Germany polyurethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 69 Germany polyurethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 70 Germany polyurethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 71 Germany polyurethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 72 Germany polyurethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)
TABLE 73 UK polyurethane microspheres market estimates, 2014 - 2016 (Tons) (USD Million)
TABLE 74 UK polyurethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 75 UK polyurethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 76 UK polyurethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 77 UK polyurethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 78 UK polyurethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)
TABLE 79 Asia Pacific polyurethane microspheres market estimates, 2014 - 2016 (Tons) (USD Million)
TABLE 80 Asia Pacific polyurethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 81 Asia Pacificpolyurethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 82 Asia Pacific polyurethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 83 Asia Pacific polyurethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 84 Asia Pacific polyurethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)
TABLE 85 China polyurethane microspheres market estimates, 2014 - 2016 (Tons) (USD Million)
TABLE 86 China polyurethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 87 China polyurethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 88 China polyurethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 89 China polyurethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 90 China polyurethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)
TABLE 91 India polyurethane microspheres market estimates, 2014 - 2016 (Tons) (USD Million)
TABLE 92 India polyurethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 93 India polyurethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 94 India polyurethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 95 India polyurethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 96 India polyurethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)
TABLE 97 CSA polyurethane microspheres market estimates, 2014 - 2016 (Tons) (USD Million)
TABLE 98 CSA polyurethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 99 CSA polyurethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 100 CSA polyurethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 101 CSA polyurethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 102 CSA polyurethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)
TABLE 103 Middle East & Africa polyurethane microspheres market estimates, 2014 - 2016 (Tons) (USD Million)
TABLE 104 Middle East & Africa polyurethane microspheres market estimates & forecasts, 2017 - 2024 (Tons) (USD Million)
TABLE 105 Middle East & Africa polyurethane microspheres market volume estimates by application, 2014 - 2016 (Tons)
TABLE 106 Middle East & Africa polyurethane microspheres market volume estimates & forecasts by application, 2017 - 2024 (Tons)
TABLE 107 Middle East & Africa polyurethane microspheres market revenue estimates by application, 2014 - 2016 (USD Million)
TABLE 108 Middle East & Africa polyurethane microspheres market revenue estimates & forecasts by application, 2017 - 2024 (USD Million)