How will APAC bolster Organometallics Market fare through 2025?

Asia Pacific Organometallics Market driven by India, China and Japan may register a substantial growth during the foreseeable timeframe. Increasing consumer electronics product demand such as laptops, smart watches, LED Tv's and smartphones which consists of LED screens may drive the industry growth. China LED market size was valued at over USD 16.5 billion in year 2018. Furthermore, expanding middle class population in the region who are likely to spend more on consumer electronics may in turn accelerate the industry growth.

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North America organometallics market size driven by the U.S, Canada and Mexico may witness a significant growth by the year 2025. Increasing demand of polymers in automobile sector owing to its lightweight properties and growing consumption of passenger vehicles owing to rapid urbanization in the region is likely to boost the industry growth. In 2018, approximately 5.3 billion new cars were sold in the U.S. which may drive the regional product demand.

Company profiled in the organometallics industry report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Reaxis
2. HOS-Technik GmBH
3. Albemarle Corporation
4. Bide Pharmatech
5. Tulip Chemicals
6. Pfaltz & Bauer
7. Sigma-Aldrich
8. Coastal Chemical Company
9. Univar USA inc

Europe organometallics market led by UK, Italy, Spain, France and Germany may see a substantial growth during the projected time frame. Growing inclination towards smart electronic devices and increasing digitalization in the region are the key factors driving the consumer electronics market growth. Europe consumer electronics market may surpass at over USD 90 billion by 2025.

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Growing demand for eco-friendly polymer substitute like starch-based polymers owing to adverse environmental effects of polymers and rising environmental concern may act as a restraint to overall organometallics market growth.

By Application, 2014-2025 (Tons) (USD Million)

1. Catalyst
2. LED
3. Others

By End-Use, 2014-2025 (Tons) (USD Million)

1. Textile
2. Electronic
3. Automobile
4. Others

Increasing applications of polymers in lubricants, consumer goods, packaging and textile industries is the key factor which may boost overall market growth. Global plastic and polymer market size was valued at over USD 615 billion in 2018. Industrial processes which include alkene derived polymers such as polypropylene and polyethylene requires these compounds as catalyst which may foster organometallics market growth.

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