Polymers Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Polymers  Market: By Type (Thermoplastics, Thermosets, Elastomers), By Base Material (Polyethylene, Polypropylene, Polyvinyl chloride, Polyethylene terephthalate, Polystyrene, Polyurethane, Others), By Process (Injection Molding, Extrusion, Others), By End-User Industry (Packaging (Rigid and Flexible), Building and Construction (Roofing, Windows, Flooring, and Others), Automotive (Engine, Tires, Body Panel, and Others), Electrical and Electronics, Agriculture, Medical/Healthcare Others) and Geography

 

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Report

Description

Polymers Market size is valued at USD 578.6 billion in 2021 and expected to grow at a prominent growth rate during the forecast period 2022 to 2028. The global market provides a detailed overview of the Polymers market and that can be segmented by type, by base material, by process, and by end-user industry. By type, the polymers market has been segmented into Thermoplastics, Thermosets, and Elastomers. The thermoplastics segment is likely to be the largest and fastest-growing segment in terms of type. Based on the base material the polymer market is segmented into Polyethylene, Polypropylene, Polyvinyl chloride, Polyethylene terephthalate, Polystyrene, Polyurethane, and Others.  Among these, the Polyethylene segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on Process, the polymers market is segmented into Injection Molding, Extrusion, and Others. The injection molding segment accounts for the largest share in 2021. Extrusion is the second-largest share during the forecast period 2021-2028. Based on the End-User industry the polymer market is segmented into Packaging (Rigid and Flexible), Building and Construction (Roofing, Windows, Flooring, and Others), Automotive (Engine, Tires, Body Panel, and Others), Electrical and Electronics, Agriculture, Medical/Healthcare Others.

Key Development:

In July 2020, Evonik Industries AG (Germany) has started production at new multi-purpose silicone facility in Germany. Producing the silicones and silyl-terminated polymers (SMP’s) used for example, in parquet adhesive flooring, liquid membranes for roofing or electronical potting applications.

Polymers Market

MARKET SUMMARY
-
x%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– x%
  • Largest Market– North-America
  • Fastest Growing Market– Asia-Pacific

Polymers Market

  • The polymers market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The polymers market is segmented based on by type, by base material, by process,by end-user industry and geography.
Key Players
  • SABIC
  • BASF SE
  • INEOS AG
  • Eni S.p.A.,
  • Chevron Phillips Chemical Company LLC
Polymers Market

Drivers

The key factor driving the growth of the market includes environmental regulations in North American and European countries for the use of solvent and isocyanate-free adhesives. The building and construction sector is expecting a boom in the forecasted period and will lead to an increase in the demand for Polymers.


North-America Got Significant Share

Polymers Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Polymers Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The Polymers Market is projected to expand at a CAGR of x% during the forecast period.

The major players in the global Polymers market are The Dow Chemical Company, Evonik Industries AG, LyondellBasell Industries N.V., Exxon Mobil Corporation, SABIC, BASF SE, INEOS AG, Eni S.p.A., Chevron Phillips Chemical Company LLC, LANXESS, Royal DSM, Eastman Chemical Company, Covestro AG, Mitsui Chemicals Inc. Clariant international Limited, Huntsman Corporation, Others.

Asia-Pacific is the fastest-growing region for Polymers Market


Report

Table Of Content

1. Executive Summary
2. Global Polymers Market Introduction
2.1. Global Polymers Market – Taxonomy
2.2. Global Polymers Market –Definitions
2.2.1. By Type
2.2.2. By Base Material
2.2.3. By Process
2.2.4. By End-User Industry
2.2.5. By Region
3. Global Polymers Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Polymers Market Dynamic Factors – Impact Analysis
3.6. Global Polymers Market – Competition Landscape
4. Global Polymers Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Polymers Market, By Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
5.1. Thermoplastics
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Thermosets
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Elastomers
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Polymers Market, By Base Material, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.1. Polyethylene
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Polypropylene
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Polyvinyl Chloride
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Polyethylene Terephthalate
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Polystyrene
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Polyurethane
6.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
6.7. Others
6.7.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.7.3. Market Opportunity Analysis
7. Global Polymers Market, By Process, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
7.1. Injection Molding
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Extrusion
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Others
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Polymers Market, By End-User Industry Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
8.1. Packaging (Rigid & Flexible)
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Building & Construction (Roofing, Windows, Flooring, & Others)
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Automotive (Engines, Tires, Body Panel, & Others)
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Electrical and Electronics
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Agriculture
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Medical/Healthcare
8.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
8.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.6.3. Market Opportunity Analysis
8.7. Others
8.7.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
8.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.7.3. Market Opportunity Analysis
9. Global Polymers Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
9.1. North America
9.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Polymers Market – Opportunity Analysis Index, By End-User Industry, End-User Industry, and Region, 2022 – 2028
10. North America Polymers Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
10.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Thermoplastics
10.1.2. Thermosets
10.1.3. Elastomers
10.2. Base Material Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Polyethylene
10.2.2. Polypropylene
10.2.3. Polyvinyl chloride
10.2.4. Polyethylene terephthalate
10.2.5. Polystyrene
10.2.6. Polyurethane
10.2.7. Others
10.3. Process Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. Injection Molding
10.3.2. Extrusion
10.3.3. Others.
10.4. End-User Industry Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.4.1. Packaging (Rigid and Flexible)
10.4.2. Building and Construction (Roofing, Windows, Flooring, and Others)
10.4.3. Automotive (Engine, Tires, Body Panel, and Others)
10.4.4. Electrical and Electronics
10.4.5. Agriculture
10.4.6. Medical/Healthcare
10.4.7. Others.
10.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. U.S.
10.5.2. Canada
10.6. North America Polymers Market – Opportunity Analysis Index, By Type, By Base Material,  By Application, By End-User Industry and Country, 2022 – 2028
10.7. North America Polymers Market Dynamics – Trends
11. Europe Polymers Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Thermoplastics
11.1.2. Thermosets
11.1.3. Elastomers
11.2. Base Material Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Polyethylene
11.2.2. Polypropylene
11.2.3. Polyvinyl chloride
11.2.4. Polyethylene terephthalate
11.2.5. Polystyrene
11.2.6. Polyurethane
11.2.7. Others
11.3. Process Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Injection Molding
11.3.2. Extrusion
11.3.3. Others.
11.4. End-User Industry Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.4.1. Packaging (Rigid and Flexible)
11.4.2. Building and Construction (Roofing, Windows, Flooring, and Others)
11.4.3. Automotive (Engine, Tires, Body Panel, and Others)
11.4.4. Electrical and Electronics
11.4.5. Agriculture
11.4.6. Medical/Healthcare
11.4.7. Others.
11.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Poland
11.5.8. Rest of Europe
11.6. Europe Polymers Market – Opportunity Analysis Index, By Type, By Base Material,  By Application, By End-User Industry and Country, 2022 – 2028
11.7. Europe Polymers Market Dynamics – Trends
12. Asia-Pacific Polymers Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
12.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Thermoplastics
12.1.2. Thermosets
12.1.3. Elastomers
12.2. Base Material Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Polyethylene
12.2.2. Polypropylene
12.2.3. Polyvinyl chloride
12.2.4. Polyethylene terephthalate
12.2.5. Polystyrene
12.2.6. Polyurethane
12.2.7. Others
12.3. Process Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Injection Molding
12.3.2. Extrusion
12.3.3. Others.
12.4. End-User Industry Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.4.1. Packaging (Rigid and Flexible)
12.4.2. Building and Construction (Roofing, Windows, Flooring, and Others)
12.4.3. Automotive (Engine, Tires, Body Panel, and Others)
12.4.4. Electrical and Electronics
12.4.5. Agriculture
12.4.6. Medical/Healthcare
12.4.7. Others.
12.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Polymers Market – Opportunity Analysis Index, By Type, By Base Material,  By Application, By End-User Industry and Country, 2022 – 2028
12.7. Asia-Pacific Polymers Market Dynamics – Trends
13. Latin America Polymers Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
13.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Thermoplastics
13.1.2. Thermosets
13.1.3. Elastomers
13.2. Base Material Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Polyethylene
13.2.2. Polypropylene
13.2.3. Polyvinyl chloride
13.2.4. Polyethylene terephthalate
13.2.5. Polystyrene
13.2.6. Polyurethane
13.2.7. Others
13.3. Process Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. Injection Molding
13.3.2. Extrusion
13.3.3. Others.
13.4. End-User Industry Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.4.1. Packaging (Rigid and Flexible)
13.4.2. Building and Construction (Roofing, Windows, Flooring, and Others)
13.4.3. Automotive (Engine, Tires, Body Panel, and Others)
13.4.4. Electrical and Electronics
13.4.5. Agriculture
13.4.6. Medical/Healthcare
13.4.7. Others.
13.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Argentina
13.5.4. Rest of Latin America
13.6. Latin America Polymers Market – Opportunity Analysis Index, By Type, By Base Material,  By Application, By End-User Industry and Country, 2022 – 2028
13.7. Latin America Polymers Market Dynamics – Trends
14. Middle East and Africa Polymers Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
14.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Thermoplastics
14.1.2. Thermosets
14.1.3. Elastomers
14.2. Base Material Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Polyethylene
14.2.2. Polypropylene
14.2.3. Polyvinyl chloride
14.2.4. Polyethylene terephthalate
14.2.5. Polystyrene
14.2.6. Polyurethane
14.2.7. Others
14.3. Process Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.3.1. Injection Molding
14.3.2. Extrusion
14.3.3. Others.
14.4. End-User Industry Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.4.1. Packaging (Rigid and Flexible)
14.4.2. Building and Construction (Roofing, Windows, Flooring, and Others)
14.4.3. Automotive (Engine, Tires, Body Panel, and Others)
14.4.4. Electrical and Electronics
14.4.5. Agriculture
14.4.6. Medical/Healthcare
14.4.7. Others.
14.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. Israel
14.5.3. South Africa
14.5.4. Rest of MEA
14.6. MEA Polymers Market – Opportunity Analysis Index, By Type, By Base Material,  By Application, By End-User Industry and Country, 2022 – 2028
14.7. MEA Polymers Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. The Dow Chemical Company
15.2.2. Evonik Industries AG
15.2.3. LyondellBasell Industries N.V.
15.2.4. Exxon Mobil Corporation
15.2.5. SABIC
15.2.6. BASF SE
15.2.7. INEOS AG
15.2.8. Eni S.p.A.,
15.2.9. Chevron Phillips Chemical Company LLC
15.2.10. LANXESS
15.2.11. Royal DSM
15.2.12. Eastman Chemical Company
15.2.13. Covestro AG
15.2.14. Mitsui Chemicals Inc.
15.2.15. Clariant International Limited
15.2.16. Huntsman Corporation
15.2.17. Others
16. Research Methodology
17. Key Assumptions and Acronyms

Report

Company Profile

  • The Dow Chemical Company
  • Evonik Industries AG
  • LyondellBasell Industries N.V.
  • Exxon Mobil Corporation
  • SABIC
  • BASF SE
  • INEOS AG
  • Eni S.p.A.,
  • Chevron Phillips Chemical Company LLC
  • LANXESS
  • Royal DSM
  • Eastman Chemical Company
  • Covestro AG
  • Mitsui Chemicals Inc.
  • Clariant International Limited
  • Huntsman Corporation
  • Others

Description

Polymers Market size is valued at USD 578.6 billion in 2021 and expected to grow at a prominent growth rate during the forecast period 2022 to 2028. The global market provides a detailed overview of the Polymers market and that can be segmented by type, by base material, by process, and by end-user industry. By type, the polymers market has been segmented into Thermoplastics, Thermosets, and Elastomers. The thermoplastics segment is likely to be the largest and fastest-growing segment in terms of type. Based on the base material the polymer market is segmented into Polyethylene, Polypropylene, Polyvinyl chloride, Polyethylene terephthalate, Polystyrene, Polyurethane, and Others.  Among these, the Polyethylene segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on Process, the polymers market is segmented into Injection Molding, Extrusion, and Others. The injection molding segment accounts for the largest share in 2021. Extrusion is the second-largest share during the forecast period 2021-2028. Based on the End-User industry the polymer market is segmented into Packaging (Rigid and Flexible), Building and Construction (Roofing, Windows, Flooring, and Others), Automotive (Engine, Tires, Body Panel, and Others), Electrical and Electronics, Agriculture, Medical/Healthcare Others.

Key Development:

In July 2020, Evonik Industries AG (Germany) has started production at new multi-purpose silicone facility in Germany. Producing the silicones and silyl-terminated polymers (SMP’s) used for example, in parquet adhesive flooring, liquid membranes for roofing or electronical potting applications.

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX