Cenospheres Market Worth to Reach USD 900 MN BY 2027
Posted On March 15, 2021
The Global Cenospheres Market report evaluates the market revenue to reach USD 900 MN mark in 2027. The CAGR is expected to be close to 12.5% from 2021 till the end of 2027 according to the newly published report by Value Market Research. The rising demand for lightweight multifunctional fillers that can be used in a wide range of industrial applications is the main driving force behind the Cenospheres market’s growth. These spherical materials integrate well in resins and binders and are highly sought after in thermoplastics and thermosetting systems. The growing construction sector will enhance the development of the market since the use of the cenosphere can reduce cost, weight and improve the performance of cement, paints, and coatings. This market will witness steady growth due to the increasing demand for cenosphere to make lightweight composite materials in the rapidly growing automotive and aviation sector. The major challenge for this market is that using a higher percentage of cenospheres in cementitious materials can prove detrimental to the mechanical and durability properties.
Cenosphere is high-performing filler material obtained as a by-product of coal-burning power plants. It is a hollow, spherical, and lightweight filler material extracted from fly ash with silica and alumina as its main constituents. They are lightweight, have low density, small, spherical-shaped, good mechanical strength, high melting temperature, chemical inertia, insulating properties, and low porosity. They are used as reinforcing materials in paints, finishes, plastics, and caulking. When added to concrete, they enhance cement grouts’ workability as a bulk filler and shrinkage reducer. These hollow structures can be used for aeronautical materials, plastics, rubber, electromagnetic shielding, heat and sound insulators, etc. The cenospheres are available in varied colors, from gray to almost white, and are highly buoyant.
The market dynamics covered in the report "Global Cenospheres Market Report By Type (Gray Cenospheres, White Cenospheres), By End-User (Oil & Gas, Construction, Automotive, Refractory, Paints & Coatings, Aerospace, Syntactic Foams, Specialty Cements, Building Materials, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" gives a holistic scope of the market along with the market forecasts.
On the basis of Type the market is segmented into Gray Cenospheres, White Cenospheres. By End-User the cenospheres market is categorised as Oil & Gas, Construction, Automotive, Refractory, Paints & Coatings, Aerospace, Syntactic Foams, Specialty Cements, Building Materials, Others. Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. Each region is segregated into North America (North America, United State and Rest of North America), Europe (United Kingdom, France, Germany, and Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. This section provides the estimates of market by segment. This section provides the estimates of market by segment thus, providing valuable data to take strategic decisions.
The Report Segments Global Cenospheres Market -
- Gray Cenospheres
- White Cenospheres
- Oil & Gas
- Paints & Coatings
- Syntactic Foams
- Specialty Cements
- Building Materials
- North America
- The Asia Pacific
- Latin America
- The Middle East and Africa
Players Profiled In the Report:
Envirospheres, Ceno Technologies, Qingdao Eastchem Inc., Cenosphere India Pvt. Ltd., Petra India Group (India). Ltd., Durgesh Merchandise Pvt. Ltd., Omya AG, Qingdao Eastchem Inc., Scotash Limited, PR Ecoenergy Pvt. Ltd., Ceno Technologies, and Reslab Microfiller.
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