Opaque Polymers Market Size Worth $6.5 Billion By 2031 |

Portland, OR, Oct. 25, 2022 (GLOBE NEWSWIRE) — According to the report released by Allied Market Research, the opaque polymers market generated $2.4 billion in 2021 and is expected to reach $6.5 billion by 2031, growing at a CAGR of 10.5% from 2022 to 2031. changing market trends, market size and estimates, value chain, key investment pockets, drivers and opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, early adopters and stockholders in introducing necessary strategies for the future and taking essential actions to significantly strengthen and increase their position in the market.

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Report coverage and details:

Report cover Details
Forecast period 2022–2031
Year of reference 2021
Market size in 2021 $2.4 billion
Market size in 2031 $6.5 billion
CAGR 10.5%
Number of pages in the report 190
Segments Covered Application and region
Drivers Increase in demand for opaque polymers in the architectural paints and coatings industry
Increased infrastructure development and investment
Opportunities extensive application of opaque polymers in the personal care industry
Growth of the building and construction industry in sectors such as flooring, windows, coatings, rainwater, pipes, membranes, gaskets, glazing, insulation and signage
holds back Availability of substitute

COVID-19 scenario:

COVID-19 outbreak has negatively impacted the growth of the global Opaque Polymers market, owing to the occurrence of lockdowns in various countries across the globe. The lockdowns have resulted in the closure of various manufacturing facilities including those for opaque polymers, which has hurt the market growth. The delay or cancellation of all kinds of construction and infrastructure projects during the pandemic has further compounded the impact on the market. Additionally, reduction in manpower, decline in demand, and scarcity of raw materials due to the ban on import and export of items have also impacted the growth of the market. However, the market should recover quickly.

The report offers detailed segmentation of the global opaque polymers market based on application and region. The report provides a comprehensive analysis of each segment and their respective sub-segment using graphical and tabular representation. This analysis can essentially help market players, investors and new entrants to determine and design strategies based on the fastest growing and highest revenue generating segments mentioned in the report.

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Based on application, the paints and coatings market held the largest market share in 2021, holding nearly half of the global opaque polymers market share, and is expected to maintain its leading status over the course of the forecast period. Moreover, the same segment is expected to quote the fastest CAGR of 11.0% during the forecast period. The report also analyzes other segments such as personal care, detergents and others.

Based on region, the Asia-Pacific market held the dominant market share in 2021, holding more than two-fifths of the global opaque polymers market share, and is expected to maintain its leading status during the period. forecast. In addition, the same region should cite the Fastest CAGR 11.7% over the forecast period. The report also analyzes other regions such as North America, LAMEA and Europe.

Key players analyzed in the Global Opaque Polymers Market report are Arkema SA, Ashland Global Holdings Inc., Cray Valley, Croda International Plc, En-Tech Polymer Co.Ltd, Esaar International, Junneng Chemicals, Hankuck Latices Co. Ltd. ., Organik Kimya, Paras Enterprises, Shrayans Coating Ltd., Visen Industries Limited, Opaque Ceramics, The Dow Chemicals Company and Zschimmer & Schwarz Chemie GmbH.

The report analyzes these key players of the global opaque polymers market. These market players have effectively used strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is useful for analyzing recent developments, product portfolio, business performance, and operating segments of major market players.

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About Us

Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unparalleled quality of “Market research reportsand “Business Intelligence Solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. Allied Market Research CEO Pawan Kumar helps inspire and encourage everyone associated with the company to maintain high quality data and help clients in every way possible to achieve success. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.


        
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