Global Thermoexpandable Microsphere Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Thermoexpandable Microsphere Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Lightweight Filler
- 1.3.3 Blowing Agents
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Thermoexpandable Microsphere Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Buildings and Infrastructure
- 1.4.3 Transportation
- 1.4.4 Consumer Goods
- 1.4.5 Food Contact Materials
- 1.4.6 Others
- 1.5 Global Thermoexpandable Microsphere Market Size & Forecast
- 1.5.1 Global Thermoexpandable Microsphere Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Thermoexpandable Microsphere Sales Quantity (2020-2031)
- 1.5.3 Global Thermoexpandable Microsphere Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 Nouryon
- 2.1.1 Nouryon Details
- 2.1.2 Nouryon Major Business
- 2.1.3 Nouryon Thermoexpandable Microsphere Product and Services
- 2.1.4 Nouryon Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 Nouryon Recent Developments/Updates
- 2.2 Matsumoto Yushi-Seiyaku
- 2.2.1 Matsumoto Yushi-Seiyaku Details
- 2.2.2 Matsumoto Yushi-Seiyaku Major Business
- 2.2.3 Matsumoto Yushi-Seiyaku Thermoexpandable Microsphere Product and Services
- 2.2.4 Matsumoto Yushi-Seiyaku Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Matsumoto Yushi-Seiyaku Recent Developments/Updates
- 2.3 Kureha
- 2.3.1 Kureha Details
- 2.3.2 Kureha Major Business
- 2.3.3 Kureha Thermoexpandable Microsphere Product and Services
- 2.3.4 Kureha Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 Kureha Recent Developments/Updates
- 2.4 Sekisui Chemical
- 2.4.1 Sekisui Chemical Details
- 2.4.2 Sekisui Chemical Major Business
- 2.4.3 Sekisui Chemical Thermoexpandable Microsphere Product and Services
- 2.4.4 Sekisui Chemical Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Sekisui Chemical Recent Developments/Updates
- 2.5 Kumyang
- 2.5.1 Kumyang Details
- 2.5.2 Kumyang Major Business
- 2.5.3 Kumyang Thermoexpandable Microsphere Product and Services
- 2.5.4 Kumyang Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 Kumyang Recent Developments/Updates
- 2.6 Dongjin Semichem
- 2.6.1 Dongjin Semichem Details
- 2.6.2 Dongjin Semichem Major Business
- 2.6.3 Dongjin Semichem Thermoexpandable Microsphere Product and Services
- 2.6.4 Dongjin Semichem Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Dongjin Semichem Recent Developments/Updates
- 2.7 Chase Corporation
- 2.7.1 Chase Corporation Details
- 2.7.2 Chase Corporation Major Business
- 2.7.3 Chase Corporation Thermoexpandable Microsphere Product and Services
- 2.7.4 Chase Corporation Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 Chase Corporation Recent Developments/Updates
- 2.8 Crerax
- 2.8.1 Crerax Details
- 2.8.2 Crerax Major Business
- 2.8.3 Crerax Thermoexpandable Microsphere Product and Services
- 2.8.4 Crerax Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 Crerax Recent Developments/Updates
- 2.9 Bublon GmbH
- 2.9.1 Bublon GmbH Details
- 2.9.2 Bublon GmbH Major Business
- 2.9.3 Bublon GmbH Thermoexpandable Microsphere Product and Services
- 2.9.4 Bublon GmbH Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 Bublon GmbH Recent Developments/Updates
- 2.10 The Kish Company
- 2.10.1 The Kish Company Details
- 2.10.2 The Kish Company Major Business
- 2.10.3 The Kish Company Thermoexpandable Microsphere Product and Services
- 2.10.4 The Kish Company Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 The Kish Company Recent Developments/Updates
- 2.11 Hunan Farida
- 2.11.1 Hunan Farida Details
- 2.11.2 Hunan Farida Major Business
- 2.11.3 Hunan Farida Thermoexpandable Microsphere Product and Services
- 2.11.4 Hunan Farida Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 Hunan Farida Recent Developments/Updates
- 2.12 Yunyan Materials Science
- 2.12.1 Yunyan Materials Science Details
- 2.12.2 Yunyan Materials Science Major Business
- 2.12.3 Yunyan Materials Science Thermoexpandable Microsphere Product and Services
- 2.12.4 Yunyan Materials Science Thermoexpandable Microsphere Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.12.5 Yunyan Materials Science Recent Developments/Updates
3 Competitive Environment: Thermoexpandable Microsphere by Manufacturer
- 3.1 Global Thermoexpandable Microsphere Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Thermoexpandable Microsphere Revenue by Manufacturer (2020-2025)
- 3.3 Global Thermoexpandable Microsphere Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Thermoexpandable Microsphere by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Thermoexpandable Microsphere Manufacturer Market Share in 2024
- 3.4.3 Top 6 Thermoexpandable Microsphere Manufacturer Market Share in 2024
- 3.5 Thermoexpandable Microsphere Market: Overall Company Footprint Analysis
- 3.5.1 Thermoexpandable Microsphere Market: Region Footprint
- 3.5.2 Thermoexpandable Microsphere Market: Company Product Type Footprint
- 3.5.3 Thermoexpandable Microsphere Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Thermoexpandable Microsphere Market Size by Region
- 4.1.1 Global Thermoexpandable Microsphere Sales Quantity by Region (2020-2031)
- 4.1.2 Global Thermoexpandable Microsphere Consumption Value by Region (2020-2031)
- 4.1.3 Global Thermoexpandable Microsphere Average Price by Region (2020-2031)
- 4.2 North America Thermoexpandable Microsphere Consumption Value (2020-2031)
- 4.3 Europe Thermoexpandable Microsphere Consumption Value (2020-2031)
- 4.4 Asia-Pacific Thermoexpandable Microsphere Consumption Value (2020-2031)
- 4.5 South America Thermoexpandable Microsphere Consumption Value (2020-2031)
- 4.6 Middle East & Africa Thermoexpandable Microsphere Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Thermoexpandable Microsphere Sales Quantity by Type (2020-2031)
- 5.2 Global Thermoexpandable Microsphere Consumption Value by Type (2020-2031)
- 5.3 Global Thermoexpandable Microsphere Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Thermoexpandable Microsphere Sales Quantity by Application (2020-2031)
- 6.2 Global Thermoexpandable Microsphere Consumption Value by Application (2020-2031)
- 6.3 Global Thermoexpandable Microsphere Average Price by Application (2020-2031)
7 North America
- 7.1 North America Thermoexpandable Microsphere Sales Quantity by Type (2020-2031)
- 7.2 North America Thermoexpandable Microsphere Sales Quantity by Application (2020-2031)
- 7.3 North America Thermoexpandable Microsphere Market Size by Country
- 7.3.1 North America Thermoexpandable Microsphere Sales Quantity by Country (2020-2031)
- 7.3.2 North America Thermoexpandable Microsphere Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe Thermoexpandable Microsphere Sales Quantity by Type (2020-2031)
- 8.2 Europe Thermoexpandable Microsphere Sales Quantity by Application (2020-2031)
- 8.3 Europe Thermoexpandable Microsphere Market Size by Country
- 8.3.1 Europe Thermoexpandable Microsphere Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Thermoexpandable Microsphere Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific Thermoexpandable Microsphere Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Thermoexpandable Microsphere Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Thermoexpandable Microsphere Market Size by Region
- 9.3.1 Asia-Pacific Thermoexpandable Microsphere Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Thermoexpandable Microsphere Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America Thermoexpandable Microsphere Sales Quantity by Type (2020-2031)
- 10.2 South America Thermoexpandable Microsphere Sales Quantity by Application (2020-2031)
- 10.3 South America Thermoexpandable Microsphere Market Size by Country
- 10.3.1 South America Thermoexpandable Microsphere Sales Quantity by Country (2020-2031)
- 10.3.2 South America Thermoexpandable Microsphere Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa Thermoexpandable Microsphere Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Thermoexpandable Microsphere Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Thermoexpandable Microsphere Market Size by Country
- 11.3.1 Middle East & Africa Thermoexpandable Microsphere Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Thermoexpandable Microsphere Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 Thermoexpandable Microsphere Market Drivers
- 12.2 Thermoexpandable Microsphere Market Restraints
- 12.3 Thermoexpandable Microsphere Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Thermoexpandable Microsphere and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Thermoexpandable Microsphere
- 13.3 Thermoexpandable Microsphere Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Thermoexpandable Microsphere Typical Distributors
- 14.3 Thermoexpandable Microsphere Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Thermoexpandable Microsphere market size was valued at US$ 742 million in 2024 and is forecast to a readjusted size of USD 1268 million by 2031 with a CAGR of 7.8% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Thermoexpandable Microspheres are tiny spherical particles composed of a polymer shell encapsulating a low-boiling-point liquid hydrocarbon. When heated to a specific temperature, the liquid inside vaporizes, causing the shell to expand dramatically and form a lightweight, closed-cell foam structure. These microspheres are widely used as foaming agents, lightweight fillers, and in applications requiring controlled expansion, such as coatings, sealants, plastics, and printing inks.
The Expandable Microspheres market is experiencing significant global growth, fueled by increasing demand for lightweight, sustainable, and high-performance materials across industries such as automotive, construction, packaging, coatings, and consumer goods. These microspheres are thermoplastic hollow spheres filled with low-boiling-point hydrocarbons. Upon heating, the internal core vaporizes, causing the microspheres to expand significantly—leading to lower density and increased volume of the end material. Automotive manufacturers are under pressure to improve fuel efficiency and reduce emissions. Expandable microspheres are being widely used in interior components, headliners, sealants, and underbody coatings due to their ability to reduce weight without compromising strength or durability. In construction, microspheres are used in lightweight concrete, insulation materials, sealants, and paints. Their ability to reduce thermal conductivity and improve workability makes them ideal for energy-efficient building solutions. Microspheres are used in plastic and paper packaging materials to reduce weight and material usage while maintaining strength. They also enhance surface texture and flexibility in consumer products like shoes, furniture, and electronics casings. In coatings, expandable microspheres reduce density, increase volume, and offer matte or textured finishes. Their closed-cell structure contributes to improved elasticity and durability in industrial coatings. Asia-Pacific is the fastest-growing region, with China, India, and Southeast Asia leading demand due to rapid industrialization and urbanization. Local automotive production and construction activities are key contributors. North America and Europe have mature markets, driven by strong innovation, regulatory push for sustainable products, and adoption in aerospace, automotive, and consumer electronics sectors. Latin America, Middle East & Africa are emerging markets with increasing investments in construction, packaging, and lightweight materials. The expandable microspheres market is poised for strong, sustained growth, supported by evolving industrial needs and environmental priorities. Innovations in material science and increasing cross-industry applications will further drive adoption in the coming decade.
This report is a detailed and comprehensive analysis for global Thermoexpandable Microsphere market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Thermoexpandable Microsphere market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2020-2031
Global Thermoexpandable Microsphere market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2020-2031
Global Thermoexpandable Microsphere market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2020-2031
Global Thermoexpandable Microsphere market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/Kg), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Thermoexpandable Microsphere
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Thermoexpandable Microsphere market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nouryon, Matsumoto Yushi-Seiyaku, Kureha, Sekisui Chemical, Kumyang, Dongjin Semichem, Chase Corporation, Crerax, Bublon GmbH, The Kish Company, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Thermoexpandable Microsphere market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Lightweight Filler
Blowing Agents
Market segment by Application
Buildings and Infrastructure
Transportation
Consumer Goods
Food Contact Materials
Others
Major players covered
Nouryon
Matsumoto Yushi-Seiyaku
Kureha
Sekisui Chemical
Kumyang
Dongjin Semichem
Chase Corporation
Crerax
Bublon GmbH
The Kish Company
Hunan Farida
Yunyan Materials Science
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thermoexpandable Microsphere product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thermoexpandable Microsphere, with price, sales quantity, revenue, and global market share of Thermoexpandable Microsphere from 2020 to 2025.
Chapter 3, the Thermoexpandable Microsphere competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermoexpandable Microsphere breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Thermoexpandable Microsphere market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thermoexpandable Microsphere.
Chapter 14 and 15, to describe Thermoexpandable Microsphere sales channel, distributors, customers, research findings and conclusion.