Polymer Filler Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2020


Posted January 8, 2019 by armaan007

Polymer Filler Market expected to reach USD 53.10 Billion by 2020, at a CAGR of 3.3%, over 2015–2020

 
The "Polymer Fillers Market by Type (Organic: Natural Fibers, & Inorganic: Oxides, Hydroxides, Salts, Silicates, Metals, and Others), by End User (Automotive, Building & Construction, Industrial, Packaging, and Others) - Global Forecast to 2020", published by MarketsandMarkets, The global market size is estimated to grow from USD 45.24 Billion in 2015 to USD 53.10 Billion by 2020, at a CAGR of 3.3%.

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Browse 129 market data Tables and 32 Figures spread through 129 Pages and in-depth TOC on "Polymer Fillers Market"

The high demand in Asia-Pacific is due to growth in the building & construction and packaging industries in the last few years.  The region accounts for largest share in the polymer filler market globally. North America accounted for the second-largest share in the polymer filler market in 2014. It is a diversified market for polymers due to the presence of large players in the region. The discovery of new gas reserves is expected to increase the investment in chemical and petrochemical projects in the region. Furthermore, polymer fillers are also used in building & construction projects.

The U.S. is the largest producer of polymer fillers worldwide with the presence of manufacturing sites of major industry players in the country. Most of the big players are backward integrated and have the competitive advantage over other suppliers. Threat of new entrants is high in China, India, and other Asia-Pacific countries because of low cost of raw material and labor coupled with low requirement of technical know-how.

Intersegment fillers replacement is restricting the growth of polymer filler market. The polymer manufacturers prefer low-cost fillers to high-quality premium fillers. In addition, the fillers can be interchangeably used depending on the requirements of polymers. For example, glass fibers are expensive; hence, calcium carbonate is used as an alternative for manufacturing polymers for the building & construction industry. Thus, the fillers can be replaced with other materials, affecting the overall market growth in terms of value.

The U.S. is the largest producer of polymer fillers worldwide with the presence of manufacturing sites of major industry players in the country. Most of the big players are backward integrated and have the competitive advantage over other suppliers. Threat of new entrants is high in China, India, and other Asia-Pacific countries because of low cost of raw material and labor coupled with low requirement of technical know-how.

Key companies operational in the Polymer Fillers Market research report are Imerys S.A. (France), LKAB Group (Sweden), Minerals Technologies Inc. (U.S.), Omya AG (Switzerland), 20Micron Limited (India), Hoffman Minerals (Germany), GCR Group (Spain), Unimin Corporation (U.S), Quarzwerke Group (Germany), and Karntner Montanindustrie Gesellschaft M.B.H. (Austria).

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Issued By Markets And Markets
Country India
Categories Automotive , Construction , Industry
Tags Polymer fillers , Polymer fillers manufacturers , Polymer fillers industry , Polymer fillers market
Last Updated January 8, 2019