Microspheres Materials Market: Exploring Innovative Trends and Applications
The global Microspheres Materials Market is estimated to be valued at US$ 7.44 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Microspheres materials are specialty type of materials that possess hollow structures or cavities within their composition. They are available in different types such as glass, ceramic, fly ash, polymer and natural such as wollastonite and are utilized in various end-use industries such as construction composites, life sciences & biotechnology, personal care, automotive and many others due to advantages such as lightweight and low density properties. Market key trends: One of the key trends witnessed across the microspheres materials market is rising adoption in paints & coatings industry. Microspheres when added to paints & coatings enhance various properties such as increased solid content that enables high film build,