Microspheres are free flowing micro
particles, spherical shape polymers which are bio-degradable in nature
typically in range of micrometers (1 um to 1000 um). The common types of
polymers microspheres are polyethylene, polystyrene and expandable microsphere.
The global demand of polyethylene microspheres is as filler to create porous
like structure in ceramics. Polystyrene microspheres are typically used in
biomedical applications. Expandable microspheres are used as fillers in
waterborne paints and also as filler in injection molding of
thermoplastic.
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Based on their applications
microspheres are used in assay, cosmetics, drug delivery, personal care,
electronic paper, insulation, and ceramics. Biodegradable polymer microspheres
can work as miniature capsules for parental drugs, as drug delivery within
pharmaceutical and biotechnology industries. The major portion of microspheres
is used as retro-reflective, added with paint used on roads and signs to
increase night visibility of road stripes and signs.
The U.S dominates the market in
terms of advanced materials such as microspheres and is expected to experience
highest revenue in corresponding five years. The market is growing slowly in
Europe but it is expected to grow at significant rate in Asia-pacific region.
China leading the Asia-Pacific region is the fastest global contributor to
microsphere market. The Latin America is at infancy stage in microsphere market
but is emerging as one of the fastest market due to infrastructure development.
As a whole Asia and North America are the major market both by revenue and
volume.
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