Polyurethane (PU) Microspheres Market worth 74.4 Million USD by 2020

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.

Browse more than 28 market data tables with 28 figures spread through 109 pages and in-depth TOC on "Polyurethane (PU) Microspheres Market - Global Trends & Forecasts to 2020"

Early buyers will receive 10% customization on this report.

Encapsulants application to dominate the global Polyurethane (PU) microspheres market

Polyurethane microspheres finds its largest application as an encapsulating agent for various end use industries which include pharmaceutical, paints & coating, and agro chemical industries. Advantages such as coating with uniform thickness without defects or thick edges drives the demand of polyurethane microspheres in the paints & coatings industry. Controlled release of chemicals of interest from encapsulants increases the effectiveness of delivery which drives the demand of polyurethane microspheres in the pharmaceutical and agrochemical industries.

Europe is the most dominant region in the global Polyurethane (PU) microspheres market

The European region is the largest market for Polyurethane (PU) microspheres which accounted for the largest market share in 2014, followed by North America. The European region is a major consumer for wood coatings, architectural coatings, and plastic coatings for automotive underbody coatings, and hence commands the major share of the PU microspheres market by value. Europe being a global hub of premium automotive has a huge demand of Polyurethane (PU) microspheres making it the dominant market. Asia-Pacific is expected to be the fastest-growing market during the forecast period owing to the region’s major consumption of tapes, labels, and packaging material and the adoption of polyurethane microspheres as substitutes for conventional emulsions

Some of the key players operating in the global Polyurethane (PU) microspheres market include Microchem (Switzerland), Sanyo chemical industries Ltd. (Japan), Supercolori S.p.A. (Italy), Kolon Industry Inc. (Korea), Bayer Material Science LLC (Germany), Heyo Enterprise Co. Ltd. (Taiwan, Republic of China), and Chase Corporation (U.S.) among others. These companies, along with other regional companies, cater to the global demand for Polyurethane (PU) microspheres.

The global Polyurethane (PU) microspheres market size is estimated both in terms of value and volume, and is segmented on the basis of application and region. The scope of the report covers detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the Polyurethane (PU) microspheres market.

Browse related Reports:

Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020

Microspheres Market by Type (Hollow, Solid), Application (Construction Composites, Medical Technology, Paints & Coatings, Cosmetics, Oil & Gas, Automotive, Aerospace) & Raw Material (Glass, Ceramic & Others) - Global Trends & Forecasts to 2019

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Markets and Markets 
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsand