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Polymer Market Survey, Growth, Shares, Opportunities and Demand Analysis For Players Such as Bayer, The Dow Chemical Company, SABIC (Saudi Basic Industries Corporation) For Petrochemical, Nylene, BASF ExxonMobil, LANXESS, SINOPEC & China Petrochemical Cor

11-26-2018 07:52 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Polymer Market Survey, Growth, Shares, Opportunities

The global polymer market experienced robust growth over the last five years, and is expected to grow during forecast period. The demand for polymers is driven by the growth in end-user market, increasing plastic consumption, and increasing demand for essential light weight and significant low-cost materials, as compared to its alternative.

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Polymers are high weight molecules made of reposted chemical units called monomer. The property and quality of polymer depends upon the interaction bonds, additives, and length of polymer chain. Polymers are natural, as well as synthetic in nature.
The polymer market is expected to grow at an exponential rate during the forecast period. In 2014, North America accounted for the major share in the global polymer market, followed by Asia-Pacific. Asia-Pacific is projected to be the fastest growing market for polymers during the forecast period.

Polymers are replacing metals, glass, paper and other traditional materials in various applications, due to their strength, design flexibility, along with low cost. The increasing applications of polyethylene in automotive and packaging industry, increasing dependency on PVC in bottling of beverages, indicates that the polymer sector will witness more demand from these industries during forecast period.

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Some of the key players in the segment include Bayer AG, Dow Chemicals, Saudi Basic Industries Corporation (SABIC), Nylene Canada Inc., BASF SE, Exxon Mobil Corp., Lanxess, and China Petrochemical Corporation (Sinopec).

Global Polymer Market Segmentation

By Application
• Electronics
• Food Industry
• Petrochemicals
• Healthcare
• Building and Construction
• Electronics and Communications
• Transportation
By Types
• Thermoplastics
• Elastomers
• Thermosets
By Products
• Polyethylene
• Polyvinyl Chloride
• Polypropylene
• Polystyrene
• Polyamide
• Polyurethane
• Polyacrylamide
By Geography
• North America
o U.S.
o Canada
• Europe
o U.K.
o Italy
o Spain
o Germany
o France
• Middle East and Africa
o GCC
o South Africa
• Asia-Pacific
o China
o India
o Japan
o Thailand

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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