Polyurethane Microspheres Market – Technavio

The polyurethane microspheres market size is expected to grow by USD 25.57 million between 2021 and 2026. However, the growth momentum is expected to decelerate at a CAGR of 7.2% during the forecast period. The report provides a detailed analysis of the drivers, challenges, and global trends impacting the growth of the market. Understand the scope of the full report. Download Sample PDF Report Here

The market growth is majorly driven by the increasing demand for polyurethane adhesives from the building and construction industry. The building and construction industry is witnessing rapid growth across countries such as India, Thailand, the Philippines, Indonesia, Peru, Colombia, Brazil, Mexico, and Chile. This has resulted in an increase in the demand for adhesives from residential and non-residential construction projects. Thus, with the rise in the demand for residential and non-residential properties, the demand for PU microspheres is expected during the forecast period.

As per Technavio, the increasing adoption of sustainable products will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth.

The imposition of stricter regulations by regulatory bodies such as the EU and the Food and Drug Administration (FDA) to reduce the use of synthetic adhesives has increased the prominence for sustainable products. End-users are shifting toward the use of bio-adhesives that are free from formaldehyde and made from 100% renewable plants or animal resources. This trend has resulted in a decline in the dependency on PU adhesives across end-user applications during the forecast period. This might impact the market growth negatively over the forecast period.

This market research report segments the polyurethane microspheres market by application (encapsulation, paintings and coatings, adhesives, and cosmetics) and geography (Europe, North America, APAC, the Middle East and Africa, and South America).

By application, the market will observe significant growth in the encapsulation segment over the forecast period. The segment is driven by the increased use of PU microspheres across diversified sectors such as pharmaceutical, paints and coatings agrochemical, and other sectors.

The European region led the polyurethane microspheres market in 2022, followed by North America, APAC, the Middle East and Africa, and South America respectively. During the forecast period, the European region is expected to register the highest incremental growth. The growing number of residential and non-residential construction activities in countries such as the UK, Germany, Spain, Poland, and France is resulting in the increased demand for paints and coatings and adhesives. This, in turn, is fueling the growth of the PU microspheres market in Europe.

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Market Drivers

Market Challenges

Market Trends

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

Related Reports:

• Polyurethane Elastomer Market by End-user and Geography – Forecast and Analysis 2022-2026
• Spray Polyurethane Foam Market by Type, Application, and Geography – Forecast and Analysis 2021-2025

1 Executive Summary

• 1.1 Market overview
  • Exhibit 01: Executive Summary – Chart on Market Overview
  • Exhibit 02: Executive Summary – Data Table on Market Overview
  • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary – Chart on Market by Geography
  • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
  • Exhibit 06: Executive Summary – Chart on Incremental Growth
  • Exhibit 07: Executive Summary – Data Table on Incremental Growth
  • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
  • Exhibit 09: Parent market
  • Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
  • Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
  • Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
  • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
  • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
  • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
  • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
  • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
  • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
  • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
  • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
  • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
  • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
  • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments
  • Exhibit 24: Chart on Application – Market share 2021-2026 (%)
  • Exhibit 25: Data Table on Application – Market share 2021-2026 (%)

• 5.2 Comparison by Application
  • Exhibit 26: Chart on Comparison by Application
  • Exhibit 27: Data Table on Comparison by Application

• 5.3 Encapsulation – Market size and forecast 2021-2026
  • Exhibit 28: Chart on Encapsulation – Market size and forecast 2021-2026 ($ million)
  • Exhibit 29: Data Table on Encapsulation – Market size and forecast 2021-2026 ($ million)
  • Exhibit 30: Chart on Encapsulation – Year-over-year growth 2021-2026 (%)
  • Exhibit 31: Data Table on Encapsulation – Year-over-year growth 2021-2026 (%)

• 5.4 Paints and coatings – Market size and forecast 2021-2026
  • Exhibit 32: Chart on Paints and coatings – Market size and forecast 2021-2026 ($ million)
  • Exhibit 33: Data Table on Paints and coatings – Market size and forecast 2021-2026 ($ million)
  • Exhibit 34: Chart on Paints and coatings – Year-over-year growth 2021-2026 (%)
  • Exhibit 35: Data Table on Paints and coatings – Year-over-year growth 2021-2026 (%)

• 5.5 Adhesives – Market size and forecast 2021-2026
  • Exhibit 36: Chart on Adhesives – Market size and forecast 2021-2026 ($ million)
  • Exhibit 37: Data Table on Adhesives – Market size and forecast 2021-2026 ($ million)
  • Exhibit 38: Chart on Adhesives – Year-over-year growth 2021-2026 (%)
  • Exhibit 39: Data Table on Adhesives – Year-over-year growth 2021-2026 (%)

• 5.6 Cosmetics – Market size and forecast 2021-2026
  • Exhibit 40: Chart on Cosmetics – Market size and forecast 2021-2026 ($ million)
  • Exhibit 41: Data Table on Cosmetics – Market size and forecast 2021-2026 ($ million)
  • Exhibit 42: Chart on Cosmetics – Year-over-year growth 2021-2026 (%)
  • Exhibit 43: Data Table on Cosmetics – Year-over-year growth 2021-2026 (%)

• 5.7 Market opportunity by Application
  • Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
  • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
  • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
  • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
  • Exhibit 48: Chart on Geographic comparison
  • Exhibit 49: Data Table on Geographic comparison

• 7.3 Europe – Market size and forecast 2021-2026
  • Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
  • Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
  • Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
  • Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)

• 7.4 North America – Market size and forecast 2021-2026
  • Exhibit 54: Chart on North America – Market size and forecast 2021-2026 ($ million)
  • Exhibit 55: Data Table on North America – Market size and forecast 2021-2026 ($ million)
  • Exhibit 56: Chart on North America – Year-over-year growth 2021-2026 (%)
  • Exhibit 57: Data Table on North America – Year-over-year growth 2021-2026 (%)

• 7.5 APAC – Market size and forecast 2021-2026
  • Exhibit 58: Chart on APAC – Market size and forecast 2021-2026 ($ million)
  • Exhibit 59: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
  • Exhibit 60: Chart on APAC – Year-over-year growth 2021-2026 (%)
  • Exhibit 61: Data Table on APAC – Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa – Market size and forecast 2021-2026
  • Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
  • Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
  • Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)

• 7.7 South America – Market size and forecast 2021-2026
  • Exhibit 66: Chart on South America – Market size and forecast 2021-2026 ($ million)
  • Exhibit 67: Data Table on South America – Market size and forecast 2021-2026 ($ million)
  • Exhibit 68: Chart on South America – Year-over-year growth 2021-2026 (%)
  • Exhibit 69: Data Table on South America – Year-over-year growth 2021-2026 (%)

• 7.8 US – Market size and forecast 2021-2026
  • Exhibit 70: Chart on US – Market size and forecast 2021-2026 ($ million)
  • Exhibit 71: Data Table on US – Market size and forecast 2021-2026 ($ million)
  • Exhibit 72: Chart on US – Year-over-year growth 2021-2026 (%)
  • Exhibit 73: Data Table on US – Year-over-year growth 2021-2026 (%)

• 7.9 China – Market size and forecast 2021-2026
  • Exhibit 74: Chart on China – Market size and forecast 2021-2026 ($ million)
  • Exhibit 75: Data Table on China – Market size and forecast 2021-2026 ($ million)
  • Exhibit 76: Chart on China – Year-over-year growth 2021-2026 (%)
  • Exhibit 77: Data Table on China – Year-over-year growth 2021-2026 (%)

• 7.10 Germany – Market size and forecast 2021-2026
  • Exhibit 78: Chart on Germany – Market size and forecast 2021-2026 ($ million)
  • Exhibit 79: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
  • Exhibit 80: Chart on Germany – Year-over-year growth 2021-2026 (%)
  • Exhibit 81: Data Table on Germany – Year-over-year growth 2021-2026 (%)

• 7.11 UK – Market size and forecast 2021-2026
  • Exhibit 82: Chart on UK – Market size and forecast 2021-2026 ($ million)
  • Exhibit 83: Data Table on UK – Market size and forecast 2021-2026 ($ million)
  • Exhibit 84: Chart on UK – Year-over-year growth 2021-2026 (%)
  • Exhibit 85: Data Table on UK – Year-over-year growth 2021-2026 (%)

• 7.12 Russia – Market size and forecast 2021-2026
  • Exhibit 86: Chart on Russia – Market size and forecast 2021-2026 ($ million)
  • Exhibit 87: Data Table on Russia – Market size and forecast 2021-2026 ($ million)
  • Exhibit 88: Chart on Russia – Year-over-year growth 2021-2026 (%)
  • Exhibit 89: Data Table on Russia – Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
  • Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
  • Exhibit 91: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
  • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
  • Exhibit 93: Overview on factors of disruption

• 9.4 Industry risks
  • Exhibit 94: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
  • Exhibit 95: Vendors covered

• 10.2 Market positioning of vendors
  • Exhibit 96: Matrix on vendor position and classification

• 10.3 Chase Corp.
  • Exhibit 97: Chase Corp. – Overview
  • Exhibit 98: Chase Corp. – Business segments
  • Exhibit 99: Chase Corp. – Key news
  • Exhibit 100: Chase Corp. – Key offerings
  • Exhibit 101: Chase Corp. – Segment focus

• 10.4 Covestro AG
  • Exhibit 102: Covestro AG – Overview
  • Exhibit 103: Covestro AG – Business segments
  • Exhibit 104: Covestro AG – Key news
  • Exhibit 105: Covestro AG – Key offerings
  • Exhibit 106: Covestro AG – Segment focus

• 10.5 HEYO ENTERPRISES Co. Ltd.
  • Exhibit 107: HEYO ENTERPRISES Co. Ltd. – Overview
  • Exhibit 108: HEYO ENTERPRISES Co. Ltd. – Product / Service
  • Exhibit 109: HEYO ENTERPRISES Co. Ltd. – Key offerings

• 10.6 HOS Technik Vertriebs und Produktions GmbH
  • Exhibit 110: HOS Technik Vertriebs und Produktions GmbH – Overview
  • Exhibit 111: HOS Technik Vertriebs und Produktions GmbH – Product / Service
  • Exhibit 112: HOS Technik Vertriebs und Produktions GmbH – Key offerings

• 10.7 KOLON LIFE SCIENCE
  • Exhibit 113: KOLON LIFE SCIENCE – Overview
  • Exhibit 114: KOLON LIFE SCIENCE – Product / Service
  • Exhibit 115: KOLON LIFE SCIENCE – Key offerings

• 10.8 Koehler Paper SE
  • Exhibit 116: Koehler Paper SE – Overview
  • Exhibit 117: Koehler Paper SE – Product / Service
  • Exhibit 118: Koehler Paper SE – Key offerings

• 10.9 Lamberti SpA
  • Exhibit 119: Lamberti SpA – Overview
  • Exhibit 120: Lamberti SpA – Product / Service
  • Exhibit 121: Lamberti SpA – Key offerings

• 10.10 Microchem
  • Exhibit 122: Microchem – Overview
  • Exhibit 123: Microchem – Product / Service
  • Exhibit 124: Microchem – Key offerings

• 10.11 MikroCaps d.o.o
  • Exhibit 125: MikroCaps d.o.o – Overview
  • Exhibit 126: MikroCaps d.o.o – Product / Service
  • Exhibit 127: MikroCaps d.o.o – Key offerings

• 10.12 Sanyo Chemical Industries Ltd.
  • Exhibit 128: Sanyo Chemical Industries Ltd. – Overview
  • Exhibit 129: Sanyo Chemical Industries Ltd. – Business segments
  • Exhibit 130: Sanyo Chemical Industries Ltd. – Key offerings
  • Exhibit 131: Sanyo Chemical Industries Ltd. – Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
  • Exhibit 132: Inclusions checklist
  • Exhibit 133: Exclusions checklist

• 11.3 Currency conversion rates for US$
  • Exhibit 134: Currency conversion rates for US$

• 11.4 Research methodology
  • Exhibit 135: Research methodology
  • Exhibit 136: Validation techniques employed for market sizing
  • Exhibit 137: Information sources

• 11.5 List of abbreviations
  • Exhibit 138: List of abbreviations

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