Growing Consumption of Cenospheres In The End Use Industries is Estimated To Drive The Industry Growth Over The Forecast
Cenospheres are used in various applications such as paints and coatings, oil and gas, automobile, electronics, adhesives sealants, and textiles. The growing consumption in the developing region across the globe is majorly contributing to the global cenospheres market. The increasing government investments in the remodeling and building of private and public infrastructural coupled with the augmenting demand from the automobile sector are other factors contributing to the growth of the market. Among the various application sector, oil and gas is the dominant segment and is expected to show the same trend during the forecast period. Market Segmentation The global cenospheres industry is segmented into product type and end use industry. On the basis of the product type, the market is segmented into gray cenospheres, white cenospheres, and others. On the basis of the end use industry, the market is further segmented into oil gas, refractory, building construction, automo...