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The report "Polyurethane (PU) Microspheres Market by Applications (Encapsulation, Coatings, Adhesives, and Cosmetics) - Global Trends & Forecasts to 2020", The global Polyurethane (PU) microspheres market is projected to reach USD 74.4 Million by 2020 from USD 47.6 Million in 2014, growing at a CAGR of 7.8% from 2015 to 2020.
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Polyurethane Microspheres Market Polyurethane (PU) Microspheres Market by Applications - Global Trends & Forecasts to 2020 View Full Report @ https://bit.ly/2C1WSxE
Introduction • The report "Polyurethane (PU) Microspheres Market by Applications (Encapsulation, Coatings, Adhesives, and Cosmetics) - Global Trends & Forecasts to 2020“. • The global Polyurethane (PU) microspheres market is projected to reach USD 74.4 Million by 2020 from USD 47.6 Million in 2014, growing at a CAGR of 7.8% from 2015 to 2020. • The growing demand of repositionable adhesives, increased application in the architectural segment as a coating material, and its use as an encapsulant in drug delivery and crop protection drives the demand for Polyurethane (PU) microspheres. • The global Polyurethane (PU) microspheres market is expected to reach USD 74.4 Million by 2020 from USD 47.6 Million in 2014, growing at a CAGR of 7.8% from 2015 to 2020. • The base year considered for the study is 2014 and the forecast period considered is from 2015 to 2020. This report provides a detailed analysis of the PU microspheres market based on application and region. View Full Report @ https://bit.ly/2C1WSxE
Drivers & Restrains • The growing demand of plastic underbody and application in architectural coatings drives the demand for PU microspheres. • Furthermore, the growing global demand for repositionable adhesives, technological developments in drug delivery, and crop protection via encapsulation is fueling the market growth for PU microspheres. • The relatively higher cost of PU microspheres and the regulations on rinse off products would inhibit the growth of the market. View Full Report @ https://bit.ly/2C1WSxE
Industry Insights • In terms of application, encapsulation dominated the PU microspheres consumption and accounted for the largest share of the PU microspheres market size in terms of value in 2014, owing to its huge consumption from various end use industries such as pharmaceutical, paints & coatings, and agro chemical industries. • The major players in the encapsulation industry are backward integrated and hence a demand of approximately 70% is generated by companies that manufacture PU microspheres on their own. • Technical feasibility problems such as inactivation of drugs during fabrication and poor control of drug release rates with the active agents is the reason why encapsulate producers tend to manufacture microspheres on their own. View Full Report @ https://bit.ly/2C1WSxE
Regional Insights • Asia-Pacific is projected to grow at the highest CAGR during the forecast period of 2015-2020. • The regional market is primarily driven by the growth of major end-use industries such as construction, electronics, and automotive. • China is the largest demand center in Asia-Pacific and accounts for over half of the total regional market volume. • The North American polyurethane market is characterized by its growing application in automotive and electronics. Evolving production technologies coupled with the growing importance for bio-based PU is expected to drive the Asia-Pacific market. • Europe is the dominant market and is expected to exhibit considerable growth during the forecast period. • The European region is a major consumer for wood coatings, architectural coatings, and plastic coatings for automotive underbody, and hence commands the major share by value in the PU microspheres market. View Full Report @ https://bit.ly/2C1WSxE
Key Players • Bayer Material Science, LLC. (Germany) is among the top players in the PU microspheres market and is among the world’s largest polymer companies. Its business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. • Bayer is constantly focusing on improving people’s quality of life by preventing, alleviating, and curing diseases and thus, achieving its goal by sustaining leadership positions in the markets, and creating value for their customers, stockholders, and employees. View Full Report @ https://bit.ly/2C1WSxE
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