Opaque Polymers Market to offer a healthy CAGR of 11.2% during 2020-25
February 18, 2020
Opaque Polymers Market Overview:
Opaque polymers market is likely to witness an impressive CAGR of 11.2% during the forecast period. The market is driven by the growing prices of TiO2 pigments and the escalating demand for architectural and decorative paints and coatings.
Report Overview:
This new report from Stratview Research analyses the Opaque Polymers Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Opaque Polymers Market Segment Insights:
Type: solid content 30% and solid content 40%
Based on the type, the market is segmented as solid content 30% and solid content 40%. The solid content 30% held the largest share by volume in 2018, and it is expected to retain its dominance in the coming five years. It is also estimated to be the faster-growing segment during the forecast period. The market is sustained by its extensive use in paint and coating applications.
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Application Type: paints & coatings, personal care, and detergents
Based on the application type, the market is segmented as paints & coatings, personal care, and detergents. The paints & coatings application segment held the largest share in 2018, by value and volume. It is also estimated to register the highest growth in the coming five years. The growth is attributed to the rising demand for decorative paints & coatings by the construction industry.
A highly/moderately/fragment consolidated Market
Some of the opaque polymer manufacturers are The DOW Chemical Company, Arkema, Ashland Global Holdings Inc., Interpolymer Corporation, Organik Kimya A.S., Croda International PLC, En-Tech Polymer Co., Ltd., Hankuck Latices Co., Ltd., Indulor Chemie GmbH, and Visen Industries Limited.
Region: Asia-Pacific is expected to be the largest market
In terms of regions, Asia-Pacific is expected to be the largest market for opaque polymers in the coming five years. China and India are the growth engines of the region. The market is sustained by various end-use industries and growing investments by companies in the construction and personal healthcare industries. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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