Global Polymer Filler Market Projected To Reach USD 55 Billion By 2020

Date: 2016-11-04

With advantages of high-quality optical properties, improved impact strength, and ability to replace expensive plastic resins make it the preferred material for various applications. Polymer fillers provide industries with immense development opportunities of newer materials, which have enhanced properties and improved molding properties, according to research, global Polymer Filler Market is projected to reach USD 55 billion by 2020 at a CAGR of 3.3% over 2016-2020.

In the basis of type, Salts, silicates, oxides, and hydro-oxides are its most important types. The rising demand for low-cost fillers in countries, such as China, and India, is projected to increase their demand in the coming years. The Indian government has started investment promotion programs to assist companies that are developing and manufacturing salts, oxides, and silicates pushing the growth of this market upward. The Chinese government is focusing on the growing manufacturing sector that is driving the consumption of plastics-related products, domestically and hence increase the demand for polymer fillers in the Asia-Pacific region.

Geographically, Asia-Pacific was the largest and North America was the second-largest market for polymer fillers in 2015. Asia-Pacific also registered the highest growth rate between 2015 and 2020. Innovations, developments, and demand in the consumer industries for better products are directly affecting the rise in the use of polymer fillers.

The world top manufacturers 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).

Polymer Filler market share by region as following:

polymer-filler

Read Full Report: http://www.gosreports.com/global-polymer-filler-industry-2016-market-research-report/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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