Opaque Polymers Market 2022 Growth Drivers, Regional Outlook, Competitive Strategies and Forecast up to 2027
Stratview Research delivers key insights on the global Opaque Polymers Market. According to Stratview Research, the market is estimated to grow at a decent CAGR of 5.1% during the forecast period to reach a value of US$ 310 Million in 2027.
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The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner.
Key Players
The following are some of the key players in the Opaque Polymers Market:
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
Visen Industries Limited
Growth drivers and Market Value:
This report, from Stratview Research, studies the Opaque Polymers Market value and growth drivers over the trend period of 2022-27. According to the report -
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.
Segment Analysis:
Based on Type:
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.
Based on Region:
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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FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for Opaque Polymers Market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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