DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Cenospheres Market by Type (Gray Cenosphere, White Cenosphere), End-use Industry (Refractory, Construction, Oil & Gas, Automotive, Paints & Coatings), and Region - Global Forecasts to 2022" report to their offering.
The global cenospheres market was valued at USD 346.8 million in 2016 and is projected to reach USD 689.2 million by 2022, at a CAGR of 12.16% from 2017 to 2022
The growing demand from end-use industries, such as paints & coatings, refractory, construction, and oil & gas is expected to drive the market in near future. However, limited sources of raw material and lack of quality control across emerging countries are major factors that may restrain the growth of the market.
The gray cenospheres segment is expected to witness the highest growth from 2017 to 2022, as they are widely used across industries. Gray cenospheres occur more frequently than white cenospheres in fly ash. These cenospheres have low content of alumina and high content of silica and iron. Gray cenospheres are used in various applications, such as concretes, plastics, resins, coatings, bricks, and rubbers.
North America is projected to be the fastest-growing cenospheres market during the forecast period, due to the growing oil & gas and automotive industries in the region. The market in Middle East & Africa, Asia-Pacific, and South America is also expected to witness significant growth, due to growing demand for cenospheres from the oil & gas and construction industries in these regions.
- Superior Structural Properties
- Rising Demand from End-Use Industries
- Limited Source of Raw Material
- Lack of Quality Control Across Developing Countries
- Reclamation of Fly Ash Lagoons
- American Iodine Company Inc.
- Ashtech India Pvt Ltd.
- Ceno Technologies
- Cenosphere India Pvt. Ltd.
- Cenospheres Trade & Engineering S.A.
- Delamin Limited
- Durgesh Merchandise Pvt. Ltd.
- Ets Inc.
- Excellex Solutions
- Khetan Group
- Krishna Udyog
- Microspheres Sa
- Omya AG
- PR Ecoenergy Pvt. Ltd.
- Petra India Group
- Prakash Mica Exports Pvt. Ltd.
- Qingdao Eastchem Inc.
- Reslab Microfiller
- Scotash Limited
- Shanghai Green Sub-Nanoseale Material Co.,Ltd
- Shishir Export House
- Sun Microspheres
- Vipra Ferro Alloys Pvt. Ltd.
- Wolkem Omega Minerals India Pvt Ltd.
For more information about this report visit http://www.researchandmarkets.com/research/sr38xt/cenospheres