PMMA Microspheres Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 10.00 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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PMMA Microspheres Market Analysis
The market for PMMA microsphere is expected to grow at a CAGR of more than 10% during the forecast period. Major factors driving the market studied is demand for PMMA microspheres for cosmetic surgeries, increasing usage in medical industry.
- Advancement in medical sciences and technology is likely to act as an opportunities.
- North America dominated the market across the globe with the largest consumption in a country such as United States, Canada, etc.
PMMA Microspheres Market Trends
This section covers the major market trends shaping the PMMA Microspheres Market according to our research experts:
Life Sciences & Medical To Dominate the Market
- Owing to increased usage of the product as a filler in bone cement, bulking agent for tissues, etc., the life sciences & medical industry is contributing the highest share in the PMMA microsphere market.
- The biocompatibility of PMMA microspheres is good, which allows the particles to be used in the life sciences & medical industry.
- Medical grade PMMA microspheres have smooth, round, and microscopic structures, which are not readily absorbed by the body. As the particles are injected, they start a natural bio-process to initiate the body response, where each PMMA microparticle is surrounded with new collagenous tissue growth.
- These microspheres are also used as bulking agents. They provide a scaffold for the deposition of patient’s own collagen, within six months after injection.
- Hyaluronic acid (HA) is used to ensure that the microspheres are delivered to the disc and to prevent the microspheres form coagulating during the tissue growth.
- The non-degradable PMMA microspheres help in the production of new collagen, while injected HA is absorbed over time.The repair and restoration of long-lasting structural integrity of spinal disc defect is obtained through PMMA microspheres, in order to help in the natural production of human collagen.
- Artificial bone cement based on PMMA microspheres is also widely used in orthopedics, owing to its great mechanical properties.
- The advancements in bio-medical science technology are expected to provide good growth opportunities for the global PMMA microsphere market.
China to Dominate the Asia-Pacific Region
- Chinese PMMA microsphere market is driven by the medical, electronics and cosmetics sector.
- Chinese government have started policies to support and encourage domestic medical device innovation providing opportunities for PMMA microsphere market.
- “Made in China 2025” initiative improves industry efficiency, product quality, and brand reputation which will spur the development of domestic medical device manufactures and will increase the competiveness.
- Apart from this, demand for PMMA microsphere market exists in the medical device sector which include in vitro equipment such as clinical and diagnostic analysis equipment, diagnostic reagents, medical test and basic equipment instruments, and point of care testing (POCT) as they have the best selling prospects.
- In addition, orthopedics is driving the PMMA microsphere market as demand exists for implantable and intervention materials and artificial organs.
- Production and usage of LCD/LED TVs and other electronic devices such as mobile phones, tablets etc. is increasing substantially in China driving the studied market.
- China is embracing cutting-edge display technologies with an aim to become largest supplier of display panels by 2019. Global leaders such as Evonik Industries, Essen Germany & Dow etc. are concentrating more in China.
- Also, increasing demand for anti age products, sunscreens and skincare products is driving the studied market.
PMMA Microspheres Industry Overview
The PMMA microspheres market is fragmented. Some of the major players include Cospheric LLC, Polysciences, Inc., Microbeads AS, Phosphorex Inc., and Matsumoto Yushi Seiyaku Co. Ltd, among others.
PMMA Microspheres Market Leaders
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Cospheric LLC
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Polysciences, Inc
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Microbeads AS
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Phosphorex Inc.
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Matsumoto Yushi Seiyaku Co. Ltd
*Disclaimer: Major Players sorted in no particular order
PMMA Microspheres Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Demand for PMMA Microspheres for Cosmetic Surgeries
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4.1.2 Increasing Usage in Medical Industry
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4.2 Restraints
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4.3 Industry Value-Chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 Application
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5.1.1 Light Diffusing Agent
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5.1.2 Matting Agent
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5.1.3 Cosmetic Additive
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5.1.4 Ceramic Porogen
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5.1.5 Modified Plastic Additive
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5.1.6 Paints & Inks Additive
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5.1.7 Others
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5.2 End-user
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5.2.1 Lifesciences & Medical
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5.2.2 Personal Care & Cosmetics
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5.2.3 Electronics
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5.2.4 Paints & Coatings
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5.2.5 Plastics
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5.2.6 Ceramics & Composites
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5.2.7 Others
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5.3 Geography
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5.3.1 Asia-Pacific
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5.3.1.1 China
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5.3.1.2 India
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5.3.1.3 Japan
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5.3.1.4 South Korea
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5.3.1.5 Rest of Asia-Pacific
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5.3.2 North America
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5.3.2.1 United States
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5.3.2.2 Canada
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5.3.2.3 Mexico
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5.3.3 Europe
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5.3.3.1 Germany
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5.3.3.2 United Kingdom
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5.3.3.3 Italy
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5.3.3.4 France
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5.3.3.5 Rest of Europe
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle East & Africa
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5.3.5.1 Saudi Arabia
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5.3.5.2 South Africa
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5.3.5.3 Rest of Middle East & Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share/Ranking Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 Cospheric LLC
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6.4.2 Goodfellow USA
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6.4.3 Heyo Enterprises Co., Ltd.
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6.4.4 J Color Chemicals Corp.Ltd
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6.4.5 Matsumoto Yushi Seiyaku Co., Ltd
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6.4.6 Microbeads AS
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6.4.7 MicroChem
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6.4.8 Microspheres-Nanospheres
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6.4.9 Phosphorex, Inc.
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6.4.10 Polysciences, Inc.
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6.4.11 Sekisui Plastics
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6.4.12 Sunjin Chemical Co., Ltd.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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7.1 Advancement in Medical Sciences and Technology
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7.2 Other Opportunities
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PMMA Microspheres Industry Segmentation
The PMMA microspheres market report includes:
| Application | |
| Light Diffusing Agent | |
| Matting Agent | |
| Cosmetic Additive | |
| Ceramic Porogen | |
| Modified Plastic Additive | |
| Paints & Inks Additive | |
| Others |
| End-user | |
| Lifesciences & Medical | |
| Personal Care & Cosmetics | |
| Electronics | |
| Paints & Coatings | |
| Plastics | |
| Ceramics & Composites | |
| Others |
| Geography | |||||||
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PMMA Microspheres Market Research FAQs
What is the current PMMA Microspheres Market size?
The PMMA Microspheres Market is projected to register a CAGR of greater than 10% during the forecast period (2024-2029)
Who are the key players in PMMA Microspheres Market?
Cospheric LLC, Polysciences, Inc, Microbeads AS, Phosphorex Inc. and Matsumoto Yushi Seiyaku Co. Ltd are the major companies operating in the PMMA Microspheres Market.
Which is the fastest growing region in PMMA Microspheres Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in PMMA Microspheres Market?
In 2024, the Asia Pacific accounts for the largest market share in PMMA Microspheres Market.
What years does this PMMA Microspheres Market cover?
The report covers the PMMA Microspheres Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the PMMA Microspheres Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
PMMA Microspheres Industry Report
Statistics for the 2024 PMMA Microspheres market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. PMMA Microspheres analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
