Polymers Market Trends and Outlook 2018
According to the Report “Polymers Market: By Type (Thermoplastics, Elastomers, Thermosets); By Application (Electronics, Food Industry, Petrochemicals, Healthcare, Building and Construction, Electronics and Communications, Transportation); By Products (Polyethylene, Polyvinyl Chloride, Polypropylene, Polystyrene, Polyamide, Polyurethane, Polyacrylamide); By Geography – Forecast (2018–2023),” published by IndustryARC, the market is driven by the increasing plastic consumption globally, and the growing demand for essential light-weight and low-cost materials as compared to their alternatives.
North America Dominates the Polymers Market
The polymers market is projected to grow at an exponential rate during the forecast period. Where, North America has led the global polymer market, holding highest share in 2017, as same is expected to beyond. In 2017, North America accounted for the maximum share 38.3% in patent market, followed by Asia-Pacific with accounted share of 23.4%. Asia-Pacific is anticipated to grow at a faster pace, due to expansion of the automotive, electrical, medical and food industries. China and India together are mapping towards the infrastructural development, usage of polymers in the construction industry will drive the polymers market in this region.
Selected Type and End User Application Analysis Done in the Polymers Market Report
By application, the polymers market has been segmented into horticulture, building & construction, medical, consumer goods, automotive, and food. By type, the market has been segmented into thermoplastics, elastomers, and thermosets. Of all the three, the thermosets segment dominates the global polymer market. The increasing applications of polyethylene are in the automotive and packaging industries. In spite of growing adoption in polymers, the market is mainly concerned about the problems faced in environmental issue. In accordance to this the market came up with bio-based polymer which is expected to achieve a liable growth.
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Excerpts on Polymers Market Growth Factors
High-performance polymers are replacing metals, paper, glass and other traditional materials in various applications. Evonik Industries has developed VESTAMID® HTplus, a high performance polymer, as a substitute for metal. VESTAMID® HTplus can bear up against mechanical stress up to 135°C.
· Bio-basedpolymer is the new type of category of polymer which has future applications produced from renewable resources. Refining biomass feedstock, will produce bio-based polymer. The chemical composition of bio-based polymers will make natural polymers more adaptable in chemical structures to achieve targeted properties and functionalities.
· Due to its balancing raw material, bio-based polymers are replacing existing polymers in a number of applications.
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Key players of the Polymers Market
Some of the major polymer companies operating in the global market are Evonik Industries, BASF SE, The Dow Chemicals Company and Solvay Group. The report has a detailed analysis of the strategies adopted by the leading competitors that have helped them to lead in the industry. BASF SE provides polymers for adhesives, fiber bonding, architectural coatings and construction chemicals. The Dow Chemicals Company is known for its products such as UCARE™ Polymer, SOFTCAT™ SX Polymer, and UCARE™ Polymer, which are used in several personal care products. The marketplace is likely to grow in the future owing to the presence of numerous players who develop alternative polymers.
The Polymers Market report is segmented as below:
A. Polymers Market By Application
1. Electronics
2. Food
3. Petrochemicals
4. Healthcare
5. Building and Construction
6. Electronics and Communications
7. Transportation
B. Polymers Market By Type
1. Thermoplastics
2. Elastomers
3. Thermosets
C. Polymers Market By Product
1. Polyethylene
2. Polyvinyl Chloride
3. Polypropylene
4. Polystyrene
5. Polyamide
6. Polyurethane
7. Polyacrylamide
D. Polymers Market by Geography (covers 10+ countries)
E. Polymers Market Entropy
F. Manufacturers Citied/Interviewed
1. Exxon Mobil Corp.
2. Lanxess
3. China Petrochemical Corporation
4. Reliance Industries Limited (RIL)
5. Haldia Petrochemicals Limited (HPL)
6. PolyOne
7. Specialty Polymers Inc.
8. AmeriLux International LLC
What can you expect from the report?
The Automotive Chassis Market Report is Prepared with the Main Agenda to Cover the following 20 points:
1. Polymers Market Size by Product Categories & Application
2. Polymers Market trends & Relevant Market Data
3. Polymers Market Manufacturer Landscape
4. Polymers Market Distributor Landscape
5. Pricing Analysis Polymers Market
6. Top 10 End user Analysis Polymers Market
7. Product Benchmarking
8. Product Developments Landscape Analysis
9. Mergers & Acquisition Polymers Market Analysis
10. Polymers Market Patent Analysis
11. Polymers Market Demand Analysis (Revenue & Volume)
12. Country level Analysis
13. Competitor Analysis Polymers Market
14. Market Shares Analysis Polymers Market
15. Value Chain Analysis Polymers Market
16. Supply Chain Analysis Polymers Market
17. Strategic Analysis Polymers Market
18. Current & Future Market
19. Opportunity Analysis Polymers Market
20. Revenue and Volume Analysis Polymers Market
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