North America microspheres market is likely to register modest growth over the forthcoming time period due to high product demand across several application avenues such as paints & coatings, automotive, oil & gas, healthcare, and construction among many others. Microspheres are usually free flowing particles that comprise of synthetic or protein polymers.

These are further known to be biodegradable in nature and typically have a particle size of below 200I 1/4 m.Microspheres are also termed as micro-particles and also play a key role for enhancing bioavailability of conventional drugs, thereby lessening the side effects.

In addition, in comparison to large polymer implants, biodegradable microspheres have the advantage that they do not need any surgical procedures for implantation as well as removal. Microspheres also help in reducing dose and toxicity, and further provide constant as well as prolonged therapeutic effect. They also provide continuous drug concentration in blood, further surging patent compliance. These factors are thus likely to drive the demand for microspheres across the region.

North America microspheres market is bifurcated in terms of form, material, application, and regional landscape.

In terms of material, the North America microspheres market is categorized into fly ash, metallic, ceramic, glass, and polymer. Among these, ceramic material segment will witness substantial growth over the coming years. In fact, in 2019, the segment accounted for market share of 10.1%.

The product is commonly utilized in architectural paints and coatings owing to their resistance and durability to sag. Ceramic microsphere is further made from alkali aluminosilicate having a density of 2.4 g/cc. In comparison to others, these are UV transparent and have the maximum crush strength.

Meanwhile, fly ash segment is slated to grow with a CAGR of more than 9.0% through the forthcoming time frame.

In terms of application, the North America microspheres market is classified into automotive, cosmetics & personal care, oil & gas, healthcare, paints & coatings, construction, and others. Among these, construction application segment is likely to grow with a CAGR of more than 9.0% over the estimated time period. The segment is likely to witness high grow owing to high usage of microspheres in composites. Microspheres are also preferred in the construction industry owing to their versatility.

Paints and coatings application segment are expected to register momentous gains over the coming time period. In 2019, the segment accounted for a market revenue of approximately $38.28 million.

In the paints & coatings industry, formulators can utilize microspheres to increase the solid content of a coating, meanwhile maintaining the proper application as well as flow characteristics. The others segment is slated to grow at a CAGR of around 8.5% through the assessment time period.