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    Cenospheres Market | Covid-19 Impact Analysis

    Cenospheres Market | Covid-19 Impact Analysis

    Cenospheres Market | Covid-19 Impact Analysis
    Report code - SRAM262 Delivery - 2 Weeks
    Cenospheres Market Size, Share, Trend, Forecast, & Competitive Analysis.
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    Impact of COVID-19 on Cenospheres Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Cenospheres Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Cenospheres Market Insights 

    Cenospheres Market is likely to witness an impressive CAGR of 14.2% during the forecast period. The increasing demand for cenospheres from the oil & gas, construction, and refractory end-use industries owing to their remarkable structural properties are the major factors expected to drive the growth of the global cenospheres market during the forecast period.

    Cenospheres Market - Snapshot

    Growth

    14.2% for the next five years

    Major Type

    Gray cenospheres

    Dominant End-Use Industry Type

    Oil & Gas end-use industry

    Region with the highest demand

    North America

    Key Players

    Ashtech India Pvt Ltd., American Iodine Company Inc., Cenospheres Trade & Engineering S.A., Delamin Limited, Durgesh Merchandise Pvt. Ltd., Ets Inc., Microspheres SA, Petra India Group, PR Ecoenergy Pvt. Ltd., and Omya AG.

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    Market Share Analysis

    Cenospheres Market Share: By Type

    Based on the type, the market is segmented as gray cenospheres and white cenospheres. The gray cenospheres segment swept the market in 2018, and is estimated to register a higher growth during the forecast period. The growth of this segment is driven by the high demand from North America and Europe. The growing oil & gas and construction industries in countries, such as China, Japan, and India are expected to further support the growth of the segment.

    Cenospheres Market Share: By End-Use Industry Type

    Based on the end-use industry type, the market is segmented as oil & gas, refractory, construction, automotive, and paints & coatings. The oil & gas end-use industry commanded the market in 2018, and is further estimated to maintain its dominance during the forecast period. Increasing shale gas exploration and production activities in North America and growing production activities in The Middle East are expected to bolster the demand for cenospheres in the oil & gas industry.

    Cenospheres Market Share: By Region

    In terms of regions, North America is expected to be the fastest-growing market for cenospheres, during the forecast period, driven by the high demand for cenospheres, particularly from the oil & gas and automotive industries in the region. The cenospheres market in Asia-Pacific is expected to register sizeable growth in the coming five years, owing to various technological innovations and the robust presence of some of the major manufacturers of cenospheres in the region. The demand from emerging countries, such as China, India, and South Korea is anticipated to further help the growth of the cenospheres market in the region.

    Cenospheres Market: Key Players

    Some of the major players in the cenospheres market are-

    • Ashtech India Pvt Ltd.
    • American Iodine Company Inc.
    • Cenospheres Trade & Engineering S.A.
    • Delamin Limited
    • Durgesh Merchandise Pvt. Ltd.
    • Ets Inc.
    • Microspheres SA
    • Petra India Group
    • PR Ecoenergy Pvt. Ltd.
    • Omya AG.

            

    Market Scope & segmentation

    Cenospheres are alumina or silica balls mainly filled with inert gas or air. The name is derived from the two Greek words kenos and sphaira that describes the material quite well.

    Cenospheres are light in weight and hollow and is produced as a result of combustion coal. These are used these days to produce concrete of low-density by using them as cement fillers.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Cenospheres Market Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The cenospheres market is segmented into the following categories. 

    Cenospheres Market Size, Share, & Forecast, by Type:

    • Gray Cenospheres (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • White Cenospheres (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Cenospheres Market Size, Share, & Forecast, by End-Use Industry Type:

    • Oil & Gas
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (End-Use Industry Type Analysis: Drilling Mud and Well Cementing)
    • Refractory (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Construction
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (End-Use Industry Type Analysis: Production Aid and Volumetric Filler)
    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Paints & Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Cenospheres Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What are Cenospheres?

    Cenospheres are alumina or silica balls mainly filled with inert gas or air. The name is derived from the two Greek words kenos and sphaira that describes the material quite well. Cenospheres are light in weight and hollow and are produced as a result of combustion coal. These are used these days to produce concrete of low-density by using them as cement fillers.

    What will be the CAGR of the Cenospheres Market?

    Cenospheres Market is likely to witness an impressive CAGR of 14.2% during the forecast period. The increasing demand for cenospheres from the oil & gas, construction, and refractory end-use industries owing to their remarkable structural properties are the major factors expected to drive the growth of the global cenospheres market during the forecast period.

    Which country/region is expected to remain the largest Cenospheres Market?

    In terms of regions, North America is expected to be the fastest-growing market for cenospheres, during the forecast period, driven by the high demand for cenospheres, particularly from the oil & gas and automotive industries in the region.

    Who are the key players in the Cenospheres Market?

    Ashtech India Pvt Ltd., American Iodine Company Inc., Cenospheres Trade & Engineering S.A., Delamin Limited, Durgesh Merchandise Pvt. Ltd., Ets Inc., Microspheres SA, Petra India Group, PR Ecoenergy Pvt. Ltd., and Omya AG.

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