Resins & Polymers forms one of the basic building blocks of the chemical industry. Resins, both natural and synthetic, are organic compounds comprised of non-crystalline and viscous liquids. Polymers, on the other hands are sub ....see more
The alpha-methylstyrene market is projected to grow from USD 473 million in 2019 to USD 543 million by 2024, at a CAGR of 2.8% from 2019 to 2024. Surging demand for Acrylonitrile Butadiene Styrene (ABS) from the automotive and electronic appliances industries is fueling the growth of the market across the globe. Increasing demand for consumer goods from emerging economies acts as an opportunity for the growth of the alpha-methylstyrene market, worldwide. INEOS Group Holding S.A. (Switzerland), AdvanSix (US), Rosneft (Russia), Altivia Corp. (US), SI Group Inc. (US), DOMO Chemicals (Belgium), Kumho P&B Chemicals (South Korea), Taiwan Prosperity Chemical Corp. (Taiwan), Yangzhou Lida Chemicals (China), Mitsubishi Chemical Corporation (Japan), Solvay SA (Belgium), and Mitsui Chemicals, Inc. (Japan) are some of the leading players operating in the alpha-methylstyrene market.
The masterbatch market is projected to grow from USD 11.0 billion in 2018 to USD 14.0 billion by 2023, at a CAGR of 5.0%, during the forecast period. Masterbatch is a blend of pigments, additives, and polymer materials (carrier resin). It is used to impart color and strengthen the properties of plastic for applications such as packaging, building & construction, consumer goods, automotive, textile, and agriculture. Color, white, black, additive, and filler are the different types of masterbatches based on the properties and functionality. The polymer-based masterbatch is used for easy processing with different plastics.Clariant AG (Switzerland), Ampacet Corporation (US), A.Schulman, Inc. (US), Polyone Corporation (US), Cabot Corporation (US), Plastika Kritis S.A. (Greece), Plastiblends India Ltd (India), Hubron International (UK), Tosaf Group (Israel), and Penn Color, Inc. (US).
The market size of HBPA epoxy resin is estimated at USD 1.7 billion in 2018 and is projected to reach USD 2.2 billion by 2023, at a CAGR of 5.1%, between 2018 and 2023. The HBPA epoxy resin market is driven by the growth of the power generation industry in developing countries and an increase in the need to protect concrete floors in the industrial and commercial facilities. However, volatility in raw material prices is a major restraint for market growth. Hexion (US), Atul Chemicals (India), New Japan Chemical Company (Japan), Aditya Birla Chemicals (India), Kukdo Chemicals (South Korea), Anhui Xinyuan Chemical Company (China), SIR Industriale (Italy), Emerald Performance Material (US), Nagase America Corporation (US), and Huntsman Corporation (US).
The aerospace plastics market is projected to grow from USD 14.7 billion in 2018 to USD 20.7 billion by 2023 at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period. The growth of the aerospace plastics market can be attributed to the growth in the commercial and general & business aircraft segment.SABIC (Saudi Arabia), Victrex (UK), Drake Plastics Ltd. (US), Solvay (Belgium), BASF SE (Germany), and Evonik (Germany)
The market size of silicone film is to be USD 794 million in 2018 and is projected to reach USD 1,087 million by 2023, at a CAGR of 6.5%, from 2018 to 2023. The high growth of end-use industries consuming silicone film across the world coupled with efficient and superior properties of these silicone films is driving the market. The key players in the silicone film market include Wacker Chemie (Germany), Mitsubishi Chemical Corporation (Japan), Elkem (Norway), Momentive Performance Materials (US), and DowDuPont (US). These players have established a strong foothold in the market by adopting strategies, such as expansion, new product launch, and merger & acquisition.
The market for industrial absorbents is expected to grow from USD 3.7 billion in 2018 to USD 4.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period. Growing concerns regarding environmental health and regulations regarding oil and chemical spills are the major factors driving the growth of the industrial absorbents market.The major manufacturers in the global industrial absorbents market are 3M Company (US), Brady Corporation (US), Decorus Europe Ltd. (UK), Johnson Matthey Plc (UK), Kimberly-Clark Professional (US), Meltblown Technologies Inc. (US), Monarch Green, Inc. (US), New Pig Corporation (US), and Oil-Dri Corporation of America (US).
The electronic films market is projected to grow from USD 7.6 billion in 2018 to USD 10.2 billion by 2023, at a CAGR of 6.0% during the forecast period. The market is growing due to the high demand for electronic displays from smartphones, tablets, and other similar consumer electronic devices. Electronic films are used in this application as they exhibit properties such as chemical resistance, high-temperature tolerance, low coefficient of friction, optical transparency, conductivity, UV & weather resistance, moisture resistance, high insulation, low surface energy, and low dielectric constant. The electronic films market comprises major solution providers, such as DowDuPont (US), Toray Industries Inc. (Japan), Gunze (Japan), Nitto Denko Corporation (Japan), Saint-Gobain S.A. (France), The Chemours Company (US), Toyobo Co, Ltd. (Japan), Teijin Ltd. (Japan), TDK Corporation (Japan), and 3M (US).
The market for EPS is estimated to grow from USD 15.5 billion in 2018 to USD 20.1 billion by 2023, at a CAGR of 5.3% during the forecast period. The growing construction and packaging industries in developing countries is a major factor driving the EPS market. EPS is an innovative material that offers design and structural integrity to many construction projects. Major vendors in the EPS market include Wuxi Xingda (China), Synthos (Poland), BASF (Germany), Total (France), SUNPOR KUNSTSTOFF (Austria), The Ravago Group (Belgium), Alpek (Mexico), VERSALIS (Italy), Nova Chemicals (US), Flint Hills Resources (US), PJSC SIBUR HOLDING (Russia), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Kaneka Corporation (Japan), Atlas Roofing Corporation (US), BEWiSynbra Group (Sweden), Brødr. Sunde A/S (Norway), Nexkemia Petrochemicals (Canada), and Unipol Holland (Netherlands).
The construction fabrics market size is projected to grow from USD 1.47 billion in 2018 to USD 2.26 billion by 2023, at a CAGR of 9.0%. Construction fabrics are polymer coated technical textiles which find extensive applications in tensile architecture in the construction industry. Construction fabrics are also called architectural membranes. They are durable, energy-efficient, and aesthetically superior products which offer flexibility to design engineers and architects to enhance architectural creativity.Sioen Industries NV (Belgium), Low & Bonar (UK), Satler AG (Austria), Taiyo Kogyo Corporation (Japan), Serge Ferrari (France), and Saint-Gobain (France), among others, are the key players operating in the construction fabrics market.
The 3D printing plastics market is estimated to be USD 615.8 million in 2018 and is projected to reach USD 1,965.3 million by 2023, at a CAGR of 26.1% between 2018 and 2023. One of the major drivers for the market includes forward integration by major polymer manufacturers. Factors such as increasing demand for 3D printing technology in various applications in end-use industries and the demand for bio-based plastics affect the 3D printing plastics market positively. The major market players profiled in this report include 3D Systems Corporation (US), Stratasys, Ltd. (US), Arkema SA (France), BASF SE (Germany), Evonik Industries AG (Germany), SABIC (Saudi Arabia), HP Inc. (US), DowDuPont Inc. (US), Royal DSM N.V. (Netherlands), EOS GmbH Electro Optical Systems (Germany), Clariant International Ltd. (Switzerland), CRP Group (US), Envisiontec GmbH (Germany), Materialise NV (Belgium), and Oxford Performance Materials Inc. (US).
The PU films market is projected to grow from USD 449.0 million in 2018 to USD 688.6 million by 2023, at a CAGR of 8.9% during the forecast period. The growth of the PU films market can be attributed to the rising demand for luxury cars and premium passenger cars. PU films are mainly consumed for the paint protection application in the automotive industry. Covestro (Germany), 3M Company (US), SWM International (US), DingZing Advanced Materials (Taiwan), Avery Dennison (US), Coveris (US), MH&W International (US), PAR Group (UK), and RTP Company (US) are the leading players operating in the PU films market.
The engineering plastics market is estimated at USD 80.70 billion in 2018 and is projected to reach USD 115.10 billion by 2023, at a CAGR of 7.2% from 2018 to 2023. Engineering plastics are used in the industries such as automotive & transportation, electrical & electronics, consumer appliances, industrial & machinery, and packaging. The key drivers for the market are growing end-use industries and replacement of traditional materials such as metals and commodity plastics with engineering plastics.The key companies profiled in the engineering plastics market research report are BASF (Germany) , Covestro (Germany), Solvay SA (Belgium), Celanese (US), DowDuPont (US), LG Chem (South Korea), SABIC (Saudi Arabia), Evonik Industries (Germany), Lanxess (Germany), and Mitsubishi Engineering Plastics (Japan)
The biocompatible 3D printing materials market size is estimated to be USD 308.1 million in 2018 and is projected to reach USD 832.7 million by 2023, at a CAGR of 22.0% between 2018 and 2023. This growth is attributed to the increasing use of biocompatible 3D printing materials in medical applications such as implants & prosthesis, tissue engineering, and hearing aid among others.3D Systems, Inc. (US), Evonik Industries AG (Germany), Stratasys Ltd. (US), Concept Laser, GmBH (Germany), EOS GmBH Electro Optical Systems (Germany), Renishaw PLC. (UK), Formlabs Inc. (US), EnvisionTEC, Inc. (Germany), 3D Composites (US), and Aspect Biosystems Ltd. (Canada) are the key players operating in the biocompatible 3D printing materials market.
The global automotive interior materials market is estimated to be USD 46.63 in 2018 and is projected to grow at a CAGR of 3.5% to reach USD 55.41 billion by 2023. The increasing demand is attributed to the growing automotive industry in emerging regions. Players in this market are adopting various organic and inorganic strategies to expand their presence in emerging markets, such as India, China, Thailand, and Brazil. The automotive interior materials industry has a number of global players competing for market shares. These companies are actively investing in various strategies, such as expansions, new product developments, mergers & acquisitions, and joint ventures projects globally to increase their market shares. Major players, such as Adient plc (Ireland), Toyota Boshoku Corporation (Japan), Lear Corporation (US), Toyoda Gosei Co., Ltd. (Japan), Faurecia S.A. (France), and others have adopted various organic and inorganic developmental strategies.
The automotive plastics market for passenger cars is projected to grow from USD 28.20 billion in 2018 to USD 47.33 billion by 2023, at a CAGR of 10.9% during the forecast period. Automotive plastics are widely preferred for their ability to make automobiles less bulky. They offer enhanced properties, such as impact strength, easy mold-ability, improved aesthetics, and reduced weight, as compared to conventional automotive components. There is also an increasing demand for automotive plastics from emerging economies, such as India and Thailand, which is expected to fuel the growth of the automotive plastics market for passenger cars across the globe. Key players operating in the automotive plastics market for passenger cars include Magna International Inc. (Canada), Lear Corporation (US), Adient plc (Ireland), BASF SE (Germany), Compagnie Plastic Omnium (France), Borealis AG (Austria), Covestro AG (Germany), Evonik Industries AG (Germany), SABIC (Saudi Arabia), and Grupo Antolin-Irausa S.A. (Spain).
The market size of metallized film was USD 2.10 billion in 2017 and is projected to reach USD 2.82 billion by 2023, at a CAGR of 5.09% during the forecast period. The market growth is driven by the rise in demand for metallized film from end-use industries, such as packaging and decorative. The base year considered for the study is 2017, while the forecast period is 2018-2023. Key players profiled in the metallized film market report include Cosmo Films Ltd. (India), Jindal Poly Films Ltd. (India), Polinas (Turkey), and Toray Industries Inc. (Japan).
The polyamide-imide resin market is estimated to be USD 501.7 million in 2017 and is projected to reach USD 687.1 million by 2022, at a CAGR of 6.5% between 2017 and 2022. The high demand for polyamide-imide resins from various end-use industries and superior properties of polyamide-imide resins are key factors driving the growth of the polyamide-imide resin market. The expansion of end-use industries, such as automotive, aerospace, electrical & electronics, and oil & gas, is another significant factor projected to influence the growth of the polyamide-imide resin market. Key players operating in the polyamide-imide resin market include Solvay (Belgium), Quadrant (US), Toyobo (Japan), Ensinger (Germany), Innotek Technology (China), and Kermel (France).
The increasing use of Ethylene Tetrafluoroethylene (ETFE) in various applications in different end-use industries is driving the growth of the ETFE market across the globe. The ETFE market is projected to grow from USD 352.4 million in 2018 to USD 518.4 million by 2023, at a CAGR of 8.0% between 2018 and 2023. The eco-friendly and recyclable properties of ethylene tetrafluoroethylene, increased demand for ethylene tetrafluoroethylene from various end-use industries, and better properties offered by ethylene tetrafluoroethylene than glass and other conventional fluoropolymers are driving the growth of the ETFE market across the globe. The key companies operating in the ETFE market include Asahi Glass Company (Japan), Daikin Industries (Japan), The Chemours Company (US), 3M (US), Quadrant (Switzerland), Guangzhou LiChang Fluoroplastics (China), Hubei Everflon Polymer (China), Ensinger (Germany), and Vector Foiltec (Germany).
The high temperature composite resin market is estimated at USD 753.5 million in 2018 and is projected to reach USD 1,180.8 million by 2023, at a CAGR of 9.4% during the forecast period. The growth of the market can be attributed to the high demand for high temperature composite resins from the aerospace & defense, transportation, electrical & electronics, oil & gas, building & construction, and medical industries. The market has witnessed significant growth over the last few years due to the increased demand for high temperature composite resins for high thermal resistant and lightweight aircraft and automotive parts. Some of the key players operating in the high temperature composite resin market include Huntsman International (US), Hexion (US), Hexcel Corporation (US), Royal TenCate (Netherlands), Sumitomo Bakelite (Japan), and Arkema (France). These players have adopted various organic and inorganic strategies over the last five years to achieve growth in the high temperature composite resin market.
The flexible substrates market is projected to grow from USD 402.9 million in 2018 to USD 775.8 million by 2023, at a CAGR of 14.0% during the forecast period from 2018 to 2023. The growth of the flexible substrates market can be attributed to the increasing demand from the electronics industry across the globe. Flexible substrates are increasingly being used in the production of flexible printed circuit boards. They are also used for the production of solar modules. Moreover, their increased use in the manufacturing of medical & healthcare devices is also driving the growth of the flexible substrates market across the globe. Increased consumption of flexible substrates in solar application is also leading to the growth of the flexible substrates market, worldwide. Teijin (Japan), Schott (Germany), Corning (US), Polyonics (US), Kolon industries (South Korea), and Heraeus (Germany) are the leading players operating in the flexible substrates market.
The plastic straps market is projected to grow from USD 1.32 billion in 2017 to USD 3.68 billion by 2023, at a CAGR of 18.8 % from 2018 to 2023. The growth of the plastic straps market is driven by the increasing use of plastic straps in the paper, steel, and bricks & tiles industries. The base year considered for the study is 2017 while the forecast period is between 2018 and 2023. The leading players operating in the plastic straps market are Crown Holdings (US), Polychem Corporation (US), Teufelberger (Austria), FROMM Packaging (US), Messersi Packaging (Italy), Dubose Strapping (US), Auto Strap (India), and PAC Strapping (US).
The water-based resins market is estimated at USD 38.86 Billion in 2018 and is projected to reach USD 52.65 Billion by 2023, at a CAGR of 6.3% from 2018 to 2023. Water-based resins are used in various applications such as paints & coatings, adhesives & sealants, and inks.Some of the key players operating in the water-based resins market are BASF SE (Germany), DowDuPont (US), Allnex Group (Germany), The Lubrizol Corporation (US), Royal DSM N.V. (Netherlands), Hexion (US), Arkema (France), DIC Corporation (Japan), and Covestro AG (Germany). Competition among these players is high, and they are adopting strategies, such as new product developments, expansions, agreements, and mergers & acquisitions.
The polycarbonate sheets market is projected to grow from USD 1.69 Billion in 2018 to USD 2.11 Billion by 2023, at a CAGR of 4.5% between 2018 and 2023. The increasing demand for polycarbonate sheets from various end-use industries such as automotive, construction, electronics, and signage & advertisement, among others, is driving the growth of the polycarbonate sheets market across the globe. Key players operating in the polycarbonate sheets market include SABIC (Saudi Arabia), Covestro AG (Germany), Trinseo S.A. (US), Teijin Limited (Japan), Mitsubishi Gas Chemical Company, Inc. (Japan), Evonik Industries AG (Germany), Suzhou Omay Optical Materials Co., Ltd. (China), Excelite (China), Plazit-Polygal Group (Israel), Arla Plast AB (Sweden), 3A Composites GmbH (Germany), Palram Industries Ltd. (Israel), Ug-oil-Plast Ltd. (Russia), Gallina India (New Delhi), Koscon Industrial S.A. (Switzerland), Isik Plastik (Turkey), Brett Martin Ltd. (UK), and Spartech (US), among others.
The global cyanate ester resins market was valued at USD 184.3 Million in 2016 and is projected to reach USD 338.8 Million by 2022, at a CAGR of 11.7% during the forecast period. The base year considered for the study is 2016, while the forecast period is between 2017 and 2022. Key companies profiled in the global cyanate ester resins market research report include Lonza (Switzerland), Huntsman (US), Cytec Solvay Group (US), Henkel (Germany), Tencate Advanced Composites (Netherlands), and others.
The molded plastics market is estimated to be USD 352.21 Billion in 2018 and is projected to reach USD 475.86 Billion by 2023, at a CAGR of 6.2% between 2018 and 2023. The increased demand for molded plastics in the packaging application for use in pharmaceutical, food & beverages, chemicals, and personal care industries as well as for automotive & transportation, construction & infrastructure, and agriculture industries is expected to drive the molded plastics market.Some of the key players operating in the molded plastics market include LyondellBasell (Netherlands), DowDuPont (US), SABIC (Saudi Arabia), INEOS (Switzerland), Solvay (Belgium), Formosa Plastics (Taiwan), Chevron (US), Eastman (US), China Petroleum (China), Borealis (Germany), Versalis (Italy), LG Chem (South Korea), and Reliance Industries (India).
The packaging resins market is estimated at USD 192.17 Billion in 2017 and is projected to reach USD 277.13 Billion by 2022, at a CAGR of 7.6% from 2017 to 2022. The high demand for packaging resins in various applications, such as food & beverage, consumer goods, healthcare, industrial, and others are expected to drive the packaging resins market.The key restraining factor in the packaging resins market is the stringent regulations imposed on plastics due to the landfill issue. Companies, such as ExxonMobil Corporation (US), Sinopec Corporation (China), LyondellBasell Industries Holdings B.V. (Netherlands), SABIC (Saudi Arabia), PetroChina Company Ltd.(China), DowDupont Inc. (US) and others have adopted the new product launches, agreements & partnerships, mergers & acquisitions, and investments & expansions strategies to enhance their foothold in the market.
The Nitrile Butadiene Rubber (NBR) market is projected to grow from USD 992.4 Million in 2017 to USD 1,393.0 Million by 2022, at a CAGR of 7.0% between 2017 and 2022. The increase in the use of NBR in O-rings & seals and gloves applications and superior properties of NBR that include improved oil resistance and high heat stability are key factors projected to drive the growth of the NBR market. In addition, the increased demand for NBR from the automobile industry in the Asia Pacific region is another significant factor contributing to the growth of the NBR market. Key companies profiled in the NBR market research report include LANXESS (Germany), Sinopec (China), Kumho Petrochemical (South Korea), TSRC Corporation (Taiwan), SIBUR Holding (Russia), JSR Corporation (Japan), LG Chem (South Korea), Versalis S.p.A. (Italy), and ZEON Corporation (Japan).
The polyolefin powders market is estimated to be USD 6.76 Billion in 2017 and is projected to reach USD 8.48 Billion by 2022, at a CAGR of 4.62% during the forecast period. It is driven by its use in different end-use industries, namely, toys, tanks & containers, automotive & transportation, paints & coatings, cosmetics, batteries, building & construction, and others. The high demand for polyolefin powders from the rotomolding application of toys, tanks & containers end-use industry, and SMC, BMC, and carpet applications of the automotive end-use industry is also driving the polyolefin powders market.Key players operating in the polyolefin powders market include LyondellBasell (Netherlands), Ineos (Switzerland), Borealis (Austria), Mitsui Chemical (Japan), SABIC (Saudi Arabia), Exxon Mobil (US), Eastman (US), Merck (Germany), Wacker Chemie (Germany), Axalta Coating Systems (US), and others. Diverse product portfolio, strategically positioned R&D centers, continuous adoption of development strategies, and technological advancements are factors strengthening the market position of these companies. These companies have adopted various organic and inorganic growth strategies to enhance their current market share of the polyolefin powders market.
The global polyphenylene market is estimated to be USD 3.37 Billion in 2018 and is projected to reach USD 4.99 Billion by 2023, at a CAGR of 8.2% during the forecast period.Toray Industries (Japan), Solvay (Belgium), Tosoh Corporation (Japan), DIC Corporation (Japan), Kureha Corporation (Japan), LG Chem (South Korea), Celanese Corporation (US), Saudi Arabia Basic Industries Corporation (Saudi Arabia), China Lumena New Material (China), and Ensigner (Germany) are the key companies operational in the polyphenylene market. Targeting new markets will enable manufacturers to cater to the rising demand for polyphenylene resins, hence reinforcing their position in the market.
The green or low rolling resistance tires market is estimated to be USD 56.74 Billion in 2016 and is projected to reach USD 104.23 Billion by 2022, at a CAGR of 10.7% from 2017 to 2022. The growth of this market can be attributed to the rising use of green tires in emerging economies. In addition, increased tire labeling regulations in Europe and disposable income in emerging economies is also anticipated to fuel the growth of the green tires market.Key players in the green tires market include Michelin (France), Bridgestone (Japan), Goodyear Tire and Rubber (US), Continental (Germany), Hankook (South Korea), Pirelli (Italy), Cheng Shin Rubber (China), Kumho Tires (South Korea), ZC Rubber (China), Nokian Tires (Finland) are the leading companies in the green tires market. These companies are expected to venture into new markets to widen their customer base and strengthen their market presence. Other manufacturers of green tires include Apollo tires (India), Sailun Tires (China), Shandong Linlong Tire (China), Kenda Tires (Taiwan), Giti Rubber (Singapore), Cooper (US), Yokohama (Japan), Nexen (South Korea), MRF (India), Petlas (Turkey), BKT (India).
The Polytetrafluoroethylene (PTFE) market is estimated to be USD 1.97 Billion in 2017 and is projected to reach USD 2.66 Billion by 2022, at a CAGR of 6.1% from 2017 to 2022. The high demand for PTFE in various end-use industries, such as chemical & industrial processing, electronics & electrical, automotive & aerospace, consumer goods, and building & construction is expected to drive the PTFE market.The key factor restraining the growth of the PTFE market is the increasing price of fine powder and micronized PTFE. Companies such as Chemours (US), Daikin (Japan), 3M (US), Solvay (Belgium), Asahi Glass Company (Japan), Shandong Dongyue (China), Zhejiang Juhua (China), Shanghai 3F New Materials (China), HaloPolymer (Russia), and Gujrat Fluorochemicals (India), among others, have adopted various developmental strategies such as new product launches, mergers & acquisitions, and investments & expansions to enhance their foothold in the market.
The paper dyes market is estimated to be USD 920.4 Million in 2017 and is projected to reach USD 1,099.3 Million by 2022, at a CAGR of 3.62% during the forecast period. This growth can be attributed to the increasing demand for paper dyes in the packaging & board and coated papers applications. In addition, the demand for paper dyes due to the increase in the number of paper industries in emerging economies is another significant factor contributing to the growth of the paper dyes market.Celanese (US), Eastman (US), Merck KGaA (Germany), Sumitomo (Japan), Sekab (Sweden), Showa Denko (Japan), Jubilant Life Sciences (India), Lonza (Switzerland), LCY Chemical (Taiwan), and Ashok Alco-chem (India) BASF (Germany), Archroma (Switzerland), DyStar (Singapore), Atul Ltd. (India), KEMIRA OYJ (Finland), Synthesia (Czech Republic), Axyntis Group (France), Vipul Organics (India), Standard Colors (US), Keystone Aniline (US), Cromatos (Italy), Thermax (India), and Organic Dyes and Pigments (US) are the leading players in the paper dyes market.
The global recycled plastics market is estimated at USD 36.93 Billion in 2017 and is projected to reach USD 50.36 Billion by 2022, at a CAGR of 6.4% between 2017 and 2022. The market is witnessing growth due to the increasing awareness regarding the use of recycled plastics due to their environmental benefits such as energy savings over virgin plastics. Low cost and increasing use in industries such as packaging, automotive, electrical & electronics, and textiles will further accelerate the growth of the recycled plastics market. Major recycled plastics producers, such as Veolia (France), Suez (France), KW Plastics (US), Jayplas (UK), B. Schoenberg & Co. (US), B&B Plastics (US), Green Line Polymers (US), Clear Path Recycling (US), Custom Polymers (US), and Plastipak Holdings (US) are covered in the report.
The global micro-perforated films market is estimated at USD 1.23 Billion in 2017 and is projected to reach USD 1.50 Billion by 2022, at a CAGR of 4.0% between 2017 and 2022. The market is witnessing growth due to the increasing use of micro-perforated films for food packaging applications, such as fresh fruits & vegetables, bakery & confectionary, ready-to-eat food, and others which include meat, seafood, and poultry.Mondi (Austria), Amcor Limited (Australia), Sealed Air Corporation (US), Bollore Group (France), and Uflex Ltd. (India), lead the global micro-perforated films market. These players are the major manufacturers of micro-perforated films and are gaining a strong foothold in the market due to their robust business strategies.
The global medical tubing market is estimated to reach USD 9.38 Billion by 2022 from USD 6.10 Billion in 2017, at a CAGR of 9.0% from 2017 to 2022. The medical tubing market has witnessed significant growth in recent years. Medical tubing is manufactured from medical grade material and meets the medical industry’s requirements and standards for various medical- and pharmaceutical-related applications. The medical tubing market is growing steadily, with plastics being the dominant tubing material used for transferring blood, oxygen, and nutrients in hospitals and clinics. Major players in the global medical tubing market include Zeus Industrial Products (US), Saint-Gobain Performance Plastics (France), Teleflex (US), Optinova (US), Lubrizol Corporation (Vesta) (US), Nordson Corporation (US), Putnam Plastics (US), RAUMEDIC AG (Germany), Tekni-Plex (US), and W. L. Gore & Associates (US).
The Metallocene Polyethylene (mPE) market is estimated to be USD 4.99 Billion in 2018 and is projected to reach USD 6.98 Billion by 2023, at a CAGR of 6.9% from 2018 to 2023. The rising demand for mPE from various end-use industries, such as solar power and packaging, is one of the most significant factors driving the growth of the mPE market. The increase in demand for metallocene-catalyzed plastics in the Asia Pacific region and the expansion of the plastics industry worldwide are the additional factors influencing the growth of the mPE market.Dow Chemical US), ExxonMobil (US), Chevron Philips (US), LyondellBasell (Netherlands), Total (US), and Borealis (Germany) are leading players operating in the mPE market. Companies have adopted strategies such as expansions and acquisitions to address the growing demand for mPE worldwide.
The transparent plastics market is projected to grow from USD 101.97 Billion in 2017 to USD 137.75 Billion by 2022, at a CAGR of 6.2% from 2017 to 2022. Increasing adoption of transparent plastics by end-use industries, improved shelf-life of packaged food products, high demand in emerging regions, and ease of customization are the key factors driving the growth of the transparent plastics market across the globe.DuPont (US), Dow Chemical Company (US), LyondellBasell (Netherlands), SABIC (Saudi Arabia), Covestro (Germany), BASF (Germany), INEOS (UK), PPG Industries (US), Evonik Industries (Germany), LANXESS (Germany), Teijin Limited (Japan), LG Chem (South Korea), Denka (Japan), Trinseo (US), Asahi Kasei (Japan), Eastman Chemical Company (US), Chi Mei Corporation (Taiwan), and Arkema (France) are the leading players operating in the transparent plastics market.
The cerium oxide nanoparticles market is projected to reach USD 630.2 Million by 2022 from USD 259.7 Million in 2017, at a CAGR of 19.4% from 2017 to 2022. The high demand for cerium oxide nanoparticles from the CMP application especially in North America is driving the growth of the global cerium oxide nanoparticles market. Cerion (US), Plasmachem (Germany), American Elements (US), Inframat Advanced Materials (US), NYACOL Nano Technologies (US), and Nanophase Technologies (US), are some of the leading players operating in the cerium oxide nanoparticles market. These companies are adopting various strategies, such as expansions, new product launches, and partnerships to increase their market shares and strengthen their position in the cerium oxide nanoparticles market
The global Polyurethane elastomers market is estimated to reach USD 16.63 Billion by 2022 from USD 12.47 Billion in 2017, at a CAGR of 5.9% from 2017 to 2022. The Polyurethane elastomers market has witnessed significant growth in the recent years due to the excellent properties of polyurethane elastomers, such as heat resistance, weathering and ozone resistance, flexibility, durability, aging resistance, huge variety, and chemical resistance. The superior properties of PU elastomers over standard elastomers, metals, and rubbers drive the global Polyurethane elastomers market. Major players in the global Polyurethane elastomers market are BASF (Germany), Dow (US), Huntsman (US), Covestro (Germany), Mitsui Chemicals, (Japan), Chemtura Corporation (US), Lubrizol Corporation (US), P+S Polyurethan-Elastomere (Germany), Tosoh (Japan), and Wanhua Chemical (China).
The global demand for industrial rubber is projected to witness moderate growth of 4.6% between 2017 and 2022. The industrial rubber market is estimated to be USD 26.99 Billion in 2017 and is expected to reach USD 33.82 Billion by 2022. Leading players in the industrial rubber market include LANXESS (Germany), Sinopec (China), Goodyear Tire and Rubber Company (US), Kumho Petrochemical (South Korea), TSRC Corporation (Taiwan), Nizhnekamskneftekhim (Russia), JSR Corporation (Japan), LG Chem (South Korea), Versalis S.p.A. (Italy), and ZEON Corporation (Japan).
The blow molding resins market was valued at USD 36.67 Billion in 2017 and is projected to reach USD 51.95 Billion by 2022, at a CAGR of 7.2% from 2017 to 2022. The increased demand for blow molding resins in the packaging applications of the pharmaceutical, food & beverages, chemicals, and personal care industries is expected to drive the growth of the blow molding resins market during the forecast period. Exxon Mobil (US), LyondellBasell (Netherlands), DowDuPont (US), SABIC (Saudi Arabia), INEOS (Switzerland), Solvay (Belgium), Formosa Plastics (Taiwan), Chevron (US), Eastman (US), China Petroleum (China), and Reliance Industries (India), among others are the key players operating in the blow molding resins market.
The fluoropolymer films market size was valued at USD 1.86 Billion in 2016 and is projected to reach USD 2.62 Billion by 2022, at a CAGR of 5.9% during the forecast per. The base year considered for the study is 2016, while the forecast period is from 2017 to 2022. Key companies profiled in the fluoropolymer films market research report are The Chemours Company (US), Saint-Gobain (France), Nitto Denko (Japan), 3M (US), Daikin (Japan), Honeywell International (US), DUNMORE (US), Guarniflon (Italy), ACG Chemicals (Japan), and Textile Coated International (US).
The ceramic adhesives market is projected to grow from USD 6.12 Billion in 2017 to USD 7.84 Billion by 2022, at a CAGR of 5.1% from 2017 to 2022. The growth of the ceramic adhesives market can be attributed to the growing number of building & construction activities in emerging economies such as India, China, Indonesia, and Brazil, which has led to increased demand for ceramic adhesives from the building & construction industry.3M (US), Bostik (France), Sika (Switzerland), Henkel (Germany), H.B. Fuller Construction Products (US), BASF (Germany), MAPEI (Italy), Ardex (Germany), Laticrete International (US), Terraco (Sweden), Saint-Gobain Weber (France), and Fosroc (UK) are the key players operating in the ceramic adhesives market.
The electroactive polymers market was valued at USD 3.26 Billion in 2016 and is projected to reach USD 5.12 Billion by 2022, at a CAGR of 7.9% between 2017 and 2022. In this report, 2016 has been considered the base year and the forecast period has been considered from 2017 to 2022. These factors are propelling the demand for electroactive polymers in the region. Solvay (Belgium), Parker Hannifin (US) Agfa-Gevaert (Belgium), 3M (US), Merck (Germany), Lubrizol (US), Novasentis (US), Premix (Finland), and PolyOne Corporation (US), among others, are the key players operating in the electroactive polymers market.
The Dimethylformamide (DMF) market is projected to grow from USD 637.8 Million in 2017 to USD 792.1 Million by 2022, at a CAGR of 4.43% from 2017 to 2022. The growth of the DMF market across the globe can be attributed to the increased demand for dimethylformamide from various end-use industries such as chemical, pharmaceutical, electronics, and agrochemical. The increased demand for polyurethane-based products from the industries manufacturing synthetic leather, shoe soles, consumer goods (insulation & cushioning) and their adhesives & coatings is also fueling the growth of the DMF market across the globe. BASF (Germany), Eastman Chemical (US), Merck (Germany), Luxi Chemical Group (China), Jiutian Chemical Group (Singapore), Mitsubishi Gas Chemical (Japan), The Chemours (US), Zhejiang Jiangshan Chemical (China), Chemanol (Saudi Arabia), AK-KIM (Turkey), and Pharmco-Aaper (US), among others are the key players operating in the DMF market
The polyethylene wax market is projected to grow from USD 1.08 Billion in 2017 to USD 1.32 Billion by 2022, at a CAGR of 4.1% from 2017 to 2022.BASF (Germany), Clariant International (Switzerland), Trecora Resources (US), Mitsui Chemicals (Japan), Marcus Oil and Chemical (US), and Honeywell International (US) are some of the key market players in the polyethylene wax market.
The polypropylene market size is estimated at USD 75.40 Billion in 2017 and projected to reach USD 99.17 Billion by 2022, at a CAGR of 5.6% between 2017 and 2022. Rising use of polypropylenes in injection molding, fiber & raffia, film & sheet, and blow molding; growing trend towards the use of polypropylene in the automotive industry to reduce the weight of the vehicle for increased fuel efficiency; and growing demand from Asia Pacific are projected to be the major drivers of the global polypropylene market during the forecast period. The key companies profiled in the polypropylene market research report are LyondellBasell (The Netherlands), SABIC (Saudi Arabia), Exxon Mobil Corporation (US), DuPont (US), INEOS (Switzerland), Total S.A. (France), Formosa Plastics Group (Taiwan), China Petrochemical Corporation (China), LG Chem (South Korea), and Sumitomo Chemicals (Japan).
The synthetic latex polymers market is estimated to be USD 27.58 billion in 2017 and is projected to reach USD 34.53 billion by 2022, at a CAGR of 4.6% from 2017 to 2022. This growth can be attributed to the increased demand for synthetic latex polymers in paints & coatings and replacement of solvent-based adhesives with water-based adhesives.Wacker Chemie (Germany), Synthomer (UK), BASF (Germany), Celanese Corporation (US), Dow Chemical (US), Arkema (France), ARLANXEO (Netherlands), Asahi Kasei (Japan), OMNOVA Solutions (US), and Trinseo (US) are key players operating in the synthetic latex polymers market.
The global flat glass coatings market size is expected to reach 334.13 kilotons by 2022. In terms of value, the market is estimated to be USD 1,075.8 Million in 2017 and is likely to reach USD 2,789.6 Million by 2022, at a CAGR of 20.99% from 2017 to 2022. Key players operating in the flat glass coatings markets include Arkema (France), FENZI (Italy), Ferro Corporation (US), Sherwin-Williams Company (US), Vitro Architectural Glass (Mexico), NIPPONPAINT (Japan), SunGuard (Guardian Glass) (US), Hesse (Germany), DIAMON-FUSION INTERNATIONAL (US), and Tribos Coatings (International) Ltd. (UK).
The global polymer concrete market is estimated at USD 448.1 Million in 2017 and is projected to reach USD 641.9 Million by 2022, at a CAGR of 7.5% between 2017 and 2022. The market is witnessing growth due to the growing awareness regarding the use of polymers in concrete due to their high performance and multifunctionality. Increase in spending on repair & maintenance and growth in infrastructural activities in emerging economies are some of the factors driving the market for polymer concrete. Polymer concrete resin providers and polymer concrete fabricators, such as BASF (Germany), Sika (Switzerland), Mapei (Italy), Fosroc (UK), Dow Chemical (US), SAUEREISEN (US), Kwik Bond Polymers (US), Dudick (US), ErgonArmor (US), and Crown Polymers (US) are covered in the report.