Polymers Market Size, Share, and Analysis, By Product Type (Thermosets, Thermoplastics, Elastomers), By Material (Polypropylene, Polyethylene, Polyvinyl Chloride, Polystyrene, Polyurethane, Polyethylene Terephthalate), By Process (Extrusion Molding, Injection Molding, Compression Molding, Blow Molding, Rotational Molding, Plastic Foam Molding, Others), By Type (Natural Polymers, Semi-synthetic Polymers, Synthetic Polymers), By Application (Fabric, Buckets, Plastic Switches, Tubes, Water Bottles, Pipes, Laminated Sheets, Auto Parts, Adhesives and Sealants, Toys, Paints and Coatings, and Others), By Distribution Channel (Direct Sales, Indirect Sales), By End-use Industry (Aerospace, Packaging, Construction, Automotive, Textile, Cosmetics and Personal Care, Agriculture, Electrical and Electronics, Home Appliances, Healthcare, Consumer Goods, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEWPolymers Market size was USD 657.56 billion in 2021 and projected to grow from USD 721 billion in 2023 to USD 1098.6 billion by 2032, exhibiting a CAGR of 4.8% during the forecast period.
Polymers are generally used in generating chemical products belonging to various industries like aerospace, packaging, construction, electrical appliances industries etc. Polymers possess several vital properties like light weight, high performance, cost-effectiveness etc. and they are utilized as an alternative to metal and mineral items.
MARKET HIGHLIGHTSPolymers Market is expected to reach USD 1098.6 billion, growing at a CAGR of 4.8% during forecast period owing to the increasing demand for polymers in various end-use industries as they possess several benefits. Polymers are used in creating sports material, toys, and fashion accessories due to their sturdiness, strength and flexibility. Polymers aid in easy shaping of product and their packing as it has the tendency to expand rather than break which is expected to create demand for growth of the market.
Polymers Market Segments:Product Type
Thermosets
Thermoplastics
Elastomers
Material
Polypropylene
Polyethylene
Polyvinyl Chloride
Polystyrene
Polyurethane
Polyethylene Terephthalate
Process
Extrusion Molding
Injection Molding
Compression Molding
Blow Molding
Rotational Molding
Plastic Foam Molding
Others
Type
Natural Polymers
Semi-synthetic Polymers
Synthetic Polymers
Application
Fabric
Buckets
Plastic Switches
Tubes
Water Bottles
Pipes
Laminated Sheets
Auto Parts
Adhesives and Sealants
Toys
Paints and Coatings
Others
Distribution Channel
Direct Sales
Indirect Sales
End-use Industry
Aerospace
Packaging
Construction
Automotive
Textile
Cosmetics and Personal Care
Agriculture
Electrical and Electronics
Home Appliances
Healthcare
Consumer Goods
Others
MARKET DYNAMICSGrowth DriversAdvantages Possessed by Polymers is Expected to Boost the Growth of the Market
Increasing Usage of Polymers is Expected to Boost the Growth of the Market
RestraintIncreasing Environmental Concerns May Restrain the Growth of the Market
Key PlayersBASF SE
Eastman Chemical Company
Dow Inc.
Covestro AG
Royal DSM
Exxon Mobil Corporation
Mitsui Chemicals Inc.
Clariant International Limited
Radici Group
LyondellBasell Industries N.V.
Huntsman Corporation
Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this ReportQualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
3-month post-sales analyst support.
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