Press release
Global Synthetic Polymers Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Synthetic Polymers Market
What Is the Synthetic Polymers Market Size and Projected Growth Rate?
The market size for synthetic polymers has been experiencing robust growth over the past few years. The market size is expected to climb from $33.37 billion in 2024 to $35.16 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%. Factors contributing to growth during the historic period include industrialization, urban development, increased production of consumer goods, developments in material science, expansion in infrastructure and growth in the automotive industry.
The market size for synthetic polymers is predicted to expand significantly in the upcoming years, reaching a valuation of approximately $46.08 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 7.0%. The projected growth during this period is linked to factors such as the expanding packaging industry, increased emphasis on sustainable polymers, growth in the healthcare sector, and the overall global economic recovery. There are several key trends expected to emerge during the forecast period such as the use of bio-based polymers, the advancement of polymer processing technologies, electrically conductive polymers, polymer blends and alloys, in addition to applications of polymers in health and medical sectors.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=11916
What Are the Major Segments in the Synthetic Polymers Market?
The synthetic polymers market covered in this report is segmented -
1) By Type: Styrene Acrylic, Styrene Butadiene, Acrylic, Vinyl Acetate Copolymer, Polyvinyl Acetate, Vinyl Acetate Ethylene, Other Types
2) By Application: Paints And Coatings, Adhesives And Sealants, Nonwovens, Carpets, Paper And Paperboard, Other Applications
3) By End User: Construction, Automotive, Electronics, Textile, Healthcare, Other End-Users
Subsegments:
1) By Styrene Acrylic: Styrene Acrylic Emulsions, Styrene Acrylic Resins
2) By Styrene Butadiene: Styrene Butadiene Rubber (SBR), Styrene Butadiene Latex
3) By Acrylic: Acrylic Resins, Acrylic Polymers
4) By Vinyl Acetate Copolymer: Vinyl Acetate Ethylene Copolymer, Vinyl Acetate Butyl Acrylate Copolymer
5) By Polyvinyl Acetate: Polyvinyl Acetate Emulsions, Polyvinyl Acetate Films
6) By Vinyl Acetate Ethylene: Vinyl Acetate Ethylene Emulsions, Vinyl Acetate Ethylene Copolymers
7) By Other Types: Polyurethane, Polyethylene, Polypropylene, Other Specialty Polymers
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=11916&type=smp
What Are The Driving Synthetic Polymers Market Evolution?
The surge in residential and commercial constructions is projected to fuel the expansion of the synthetic polymer market. Constructing edifices and structures for personal and business uses is what this category of construction entails, which involves formulating plans, designing, and executing building projects. These projects give rise to living areas, workspaces, shopping destinations, hotels, and several other commercial properties. Due to their adaptability, endurance, lightweight, affordability, and the diminished need for maintenance, synthetic polymers find a broad utilization in the residential and commercial constructions. All these factors position them as the prime choice in varied construction pursuits. For instance, Statistics Canada, a national statistical agency in Canada, reported in April 2023, that the investments in building construction escalated by 1.0%, hitting the mark of $20.6 billion, with positive increments observed in all segments. The residential sector noted an increase of 1.1%, accomplishing $15.0 billion, whereas the non-residential sector experienced an upsurge of 0.8%, summing to $5.6 billion. Therefore, the proliferation of residential and commercial edifices is steering the expansion of the synthetic polymer market.
Which Firms Dominate The Synthetic Polymers Market Segments?
Major companies operating in the synthetic polymers market include ExxonMobil Chemical, Sumitomo Chemical Co. Ltd., Dow Inc., SABIC, LG Chem Ltd., 3M Co, Mitsubishi Chemical Corporation, Evonik Industries, Toray Industries, Solvay SA, Chevron Phillips Chemical Company, DuPont, Arkema SA, Eastman Chemical Company, Celanese Corporation, Wacker Chemie AG, Huntsman Corporation, Lubrizol Corporation, Kuraray, Trinseo LLC, Asahi Kasei Corporation, ZEON Corporation, Kraton Corporation, BASF SE, OMNOVA Solutions Inc., Apcotex Industries Limited., Lion Elastomers LLC, Alberdingk Boley GmbH
What Trends Are Expected to Dominate the Synthetic Polymers Market in the Next 5 Years?
Product innovation stands as a major trend gaining traction in the synthetic polymers industry. Major corporations in this sector are creating unique products as a way to remain competitive. For example, January 2022 saw Toray Industries Inc., a Japan-based textile materials company, launch the Ecodear N510 fiber. This ground-breaking product engages 100% biobased synthetic polymer. The Ecodear N510, created from sebacic acid - derived from castor oil, and pentamethylenediamine - derived from corn, offers greater sustainability as it eliminates dependence on fossil fuels. It also has better wearability due to its softer, breathable nature. Its uses range from clothing and textiles to industrial products, catering to a broad market. Alongside this, it offers advantages like sustainability, comfort despite heat, maintained dimensions in humid surroundings, along with being sturdy and long-lasting.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/synthetic-polymers-global-market-report
Which Is The Largest Region In The Synthetic Polymers Market?
Asia-Pacific was the largest region in the synthetic polymers market in 2024. The regions covered in the synthetic polymers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Synthetic Polymers Market?
2. What is the CAGR expected in the Synthetic Polymers Market?
3. What Are the Key Innovations Transforming the Synthetic Polymers Industry?
4. Which Region Is Leading the Synthetic Polymers Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Synthetic Polymers Market Outlook 2025-2034: Trends, Innovations, And Future Outlook here
News-ID: 4000458 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Polymers
Polymers Recycling Service Market Share to witness a steady rise in coming decad …
The "Polymers Recycling Service Market" Report by SMI is a research study planned to focus on all the major marketing factors propelling the growth of the market along with a holistic insight into the important factors and aspects that affect future Market growth. The market has been analyzed for the forecast period 2022-2030. The research report on the market is prepared by keeping in mind the geographical and segmental sections…
Global Aromatic Ketone Polymers Market | 2014 - 2020 (KEYPLAYERS) Lions Apparel, …
Aromatic ketone polymers belong to the family of aromatic hydrocarbons and are also known as Poly Aryl Ether Ketones; abbreviated as PAEKs. PAEKs are thermoplastics that are crystalline in nature and are characterized by good mechanical properties, thermal stability, chemical and solvent resistance, temperature and fire resistance and excellent electrical performance. PAEKsare a group of three aromatic polymers that include – Poly Ether Ether Ketone (PEEK), Poly Ether Ketone (PEK)…
Smart Polymers Market Report, By Type (Physical Stimuli Responsive Polymers (The …
Smart polymers, also known stimulus-responsive polymers, has an ability to respond to very slight changes in the surrounding atmosphere. These polymers are biocompatible, strong, resilient, flexible and easy to sharpen & color. The responses of the smart polymers are manifested during variations in shape, surface characteristic, solubility, formation of an intricate molecular assembly, and other situations. The environmental trigger behind these transitions can be either alter in temperature, pH shift,…
Thermoplastic Polyolefins Market 2024 Key Players The Dow Chemical Company, Arke …
Rising application scope in automotive, construction and medical industry will drive the thermoplastic polyolefins market growth. Technological innovations in automobile component production led to increasing uses due to its light weight properties.
Emerging trend to replace PVC due to rising ecological concerns will fuel the market growth. Excellent abrasion resistance, high strength, light weight, low costs, resistance to UV radiation and oxidation are the substantial properties encouraging usage in various applications.…
Polymers Manufacturers Report of High Performance Polymers in Global Market 2018
This report studies the global High Performance Polymers market status and forecast, categorizes the global High Performance Polymers market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
The global High Performance Polymers market is valued at million US$ in 2017 and…
Global Water-Dispersible Polymers Market For Synthetic Polymer, Natural Polymers …
"The Latest Research Report United States Water-Dispersible Polymers Market Report 2017 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
About Water-Dispersible Polymers Market
In this report, the United States Water-Dispersible Polymers market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically,…
