Polymer Fillers Market to exceed USD 65 billion by 2032, Says Global Market Insights inc.
Polymer Fillers Industry size is expected to register 3.1% CAGR between 2024 and 2032 propelled by increased demand for lightweight materials.
Selbyville, Delaware , Sept. 04, 2024 (GLOBE NEWSWIRE) — Polymer Fillers Market is predicted to register over USD 65 billion by 2032, as per a
Asia Pacific to emerge as a lucrative market
Asia Pacific polymer fillers market value is likely to surge at a rapid pace from 2024 to 2032, attributed to rapid industrialization, urbanization, and increasing manufacturing activities in the region. China, India, and Japan are experiencing significant expansions in automotive, construction, and packaging, all of which heavily rely on polymer fillers to enhance material performance and reduce costs. The rise in infrastructure development and real estate projects also fuels the demand for construction materials with improved properties. The booming automotive industry along with the rising requirement for advanced polymer composites will favor regional market growth.
Polymer Fillers Market Participants
Some major companies in the global polymer fillers industry include 3M, Solvay, CHT R. Beitlich GmbH | CHT Group, Holland Shielding Systems BV, Dow, Saint-Gobain Performance Plastic, Trelleborg, Esterline Technologies Corporation, The Chemours Company, Jonal Laboratories Inc, Shin-Etsu Chemical Co Ltd, Lanxess, PolyMod Technologies, Momentive, and Rogers Corporation. These firms are focusing on partnership ventures to widen their global presence and customer base. For instance, in February 2022, Schweitzer-Mauduit International, Inc. introduced Botani for offering innovative hemp wraps, fillers, and rolling/pre-roll papers to the natural fibers industry.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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