Research and Markets (http://www.researchandmarkets.com/research/qwsczp/cenospheres) has announced the addition of the "Cenospheres Market - Global Trends & Forecasts to 2020" report to their offering.

The global cenosphere market is projected to be worth $572.0 Million by 2020, growing at a CAGR of 12.3% between 2015 and 2020. This high growth of the market is attributed to the increasing demand of cenospheres from end-use industries in the U.S., the Middle East, Germany, France, China, India, and Japan.

The oil & gas end-use industry dominated the cenosphere market and is also projected to witness the highest CAGR during the forecast period. Refractory is the second-largest end-use industry of cenospheres and is also expected to witness a significant growth rate due to its rising demand in furnaces and construction applications.

Currently, North America is the largest market for cenospheres, in terms of value, closely followed by Europe. It is also the fastest-growing market for cenospheres due to high demand in oil & gas and automotive industries. The cenosphere market in Asia-Pacific is also expected to grow significantly due to the presence of major emerging economies such as China and India.

Asia-Pacific is the most active market in terms of strategic initiatives undertaken. Some of the factors driving the growth of cenosphere market are high end-use industry growth, amplified local manufacturing, and increased number of domestic players in various vertical market segments. Expansion is the most preferred strategy adopted by the key market players to sustain in this highly competitive market.

Companies Mentioned:

  • Ceno Technologies
  • Cenosphere India Pvt. Ltd.
  • Durgesh Merchandise Pvt. Ltd
  • Envirospheres
  • Omya AG
  • PR Ecoenergy Pvt. Ltd.
  • Petra India Products
  • Qingdao Eastchem Inc.
  • Reslab Microfiller
  • Scotash Limited

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Cenosphere Market, By Type

7 Market, By End-Use Industry

8 Regional Analysis

9 Competitive Landscape

10 Company Profiles

For more information visit http://www.researchandmarkets.com/research/qwsczp/cenospheres