Top 10 Plastics Market worth 586.24 Billion USD by 2021

The report “Top 10 Plastics Market by Type (Polyethylene, Polypropylene, Expanded Polystyrene, Polyethylene Terephthalate, Polyvinyl Chloride), Application (Automotive, Building & Construction, Packaging, Electronics & Consumer, Textile) – Global Forecast to 2021″, The global top 10 plastics market is projected to reach USD 586.24 Billion by 2021, at a CAGR of 6.84%. By volume, the market is projected to reach 332.4 Million tons by 2021, at a CAGR of 4.68%.

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Browse 34 market data tables and 17 figures spread through 151 Slides and in-depth TOC on “Top 10 Plastics Market”

This progress is fueled by the growth in key end-use industries, such as automotive, building & construction, packaging, electrical & electronics, and construction; substitution of metal-based products with various plastic materials; and rising disposable income of middle class in emerging economies.

Polyethylene (PE): The largest type segment of the top 10 plastics market

Polyethylene is the largest type segment of the global top 10 plastics market, followed by the polypropylene segment. The high demand for polyethylene is mainly due to its effective and substantial usage in consumer products, especially in packaging materials. Properties, such as flexibility, thermal & electrical insulation, and chemical & thermal resistivity, make its usage widespread in applications such as packaging, construction, electrical, electronics, automotive, and so on. Polyethylene is also lightweight, easy to manufacture, and easily available, which further boost its demand in the aforementioned applications.

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Packaging: The largest application segment of the top 10 plastics market

Packaging is currently the largest application segment of the top 10 plastics market. Plastics provide a much cleaner, tougher, and aesthetically appealing form of packaging, especially for the food & beverage industry and the electronics industry. This is anticipated to fuel its demand in the packaging application segment. The extensive use of plastics in bags, pouches, and sachets as well as in conventional packaging methods is also expected to drive the growth of the packaging segment.

Asia-Pacific: The largest market for top 10 plastics

The Asia-Pacific region was the largest market for top 10 plastics, in terms of value and volume, in 2015. The steady growth in construction spending of countries this region, such as India, Vietnam, Indonesia, and Thailand, has led to increased investments in industrial and public infrastructure where plastics products are widely used. The extensive use plastics in electronics & consumer products and automotive applications and the growing preference of people for urbanized lifestyle are also key factors responsible for making Asia-Pacific the largest market for the top 10 plastics.

The Dow Chemical Company (U.S.), ExxonMobil Chemical Company, Inc. (U.S.), and SABIC (Saudi Arabia) are the most important players in the global top 10 plastics market. These companies witnessed the highest strategy adoptions in the market, and accounted for the largest share of the overall activities from 2011 to 2016.

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Plastic Antioxidants Market worth 2.11 Billion USD by 2022

The report “Plastic Antioxidants Market by Polymer Resin (Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, Acrylonitrile Butadiene Styrene), Antioxidants Type (Phenolic, Phosphite & Phosphonite, Antioxidant Blends) – Global Forecast to 2022″, The plastic antioxidants market was valued at USD 1.61 Billion in 2016 and is projected to reach USD 2.11 Billion by 2022, at a CAGR of 4.5% from 2017 to 2022. In this study, 2016 has been considered the base year, and 2017-2022 as the forecast period to estimate the market size of plastic antioxidants market.

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The replacement of conventional materials by plastics in various industries, and the increasing disposable income and rapid urbanization in emerging countries are expected to fuel the demand for plastics. This increased demand for plastics is projected to drive the growth of the plastic antioxidants market in the coming years. In addition, the booming construction industry in countries such as the US, China, and India is propelling the demand for plastics in residential and non-residential buildings, which is expected to further drive the growth of the plastic antioxidants market.

The polypropylene (PP) segment was the largest polymer resin segment of the plastic antioxidants market.

The PP polymer resin segment accounted for the largest share of the plastic antioxidants market in 2016, in terms of value. PP contains tertiary carbon atoms and is susceptible to oxidation. Furthermore, the growing production and consumption of PP in China, and the growth in the automotive and packaging industries in these countries is expected to drive the demand for plastic antioxidants.

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The phenolic antioxidants segment was the largest type segment of the plastic antioxidants market in 2016.

The phenolic antioxidants segment was the largest type segment of the plastic antioxidants market, in terms of both value and volume, in 2016. The growth of this segment can be attributed to the fact that phenolic antioxidants are radical scavengers and protect plastics against thermal and oxidative degradation. Furthermore, these antioxidants have the ability to interrupt the overall oxidation process, due to which, they are widely used in polyethylene and polypropylene polymer resins.

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Asia-Pacific was the largest market for plastic antioxidants in 2016.

The Asia-Pacific region led the plastic antioxidants market in 2016, in terms of value. The increasing population in the region and the increased expenditure in the construction sector in emerging markets of China, India, and Indonesia are some of the major factors projected to drive the demand for plastics in the region. This increased demand is projected to consequently drive the growth of the plastic antioxidants market in the region. Furthermore, improved lifestyle, increase in employment rate, the rise in disposable income of the people, and an increase in foreign investments in various sectors of the economy are some of the factors that make Asia-Pacific an attractive market for plastic antioxidants manufacturers.

Key market players profiled in the report are BASF (Germany), Songwon (South Korea), SI Group (US), ADEKA (Japan), Clariant Switzerland), A. Schulman (US), Milliken (U.S.) Solvay (Belgium), Dover Corporation (US), 3V Sigma (Italy), Sumitomo (Japan), Sakai Chemical (Japan), Everspring Chemical (Taiwan), OMNOVO Solutions (US),  Evonik Industries (Germany), Ampacet Corporation (US), Lanxess (Germany), Astra Polymers (Saudi Arabia), Krishna Antioxidants (India), Emerald Performance Materials (US), Trigon Antioxidants (India), Rifra Masterbatch (Italy), Oxiris Chemicals (Spain), Wells Plastics (UK), and Shandong Linyi Sunny Wealth Chemical Co (China).

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Monochloroacetic Acid Market worth 908.9 Million USD by 2022

The report “Monochloroacetic Acid Market by Product Form (Crystalline, Liquid, And Flakes), Application (CMC, Agrochemicals, Surfactants, TGA), and Region (North America, APAC, Europe, Middle East & Africa, and South America) – Global Forecast to 2022″, The monochloroacetic acid (MCA) market is estimated at USD 762.6 Million in 2017 and is projected to reach USD 908.9 Million by 2022, at a CAGR of 3.6% between 2017 and 2022.

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The market growth is fueled by the increasing demand for MCA for various applications, such as carboxymethylcellulose (CMC), surfactants, and thioglycolic acid (TGA) from end-use industries, such as construction, detergent, textile, paper, cosmetic, paint, oil & gas, and pharmaceutical. This increase in demand is mainly due to the rising GDP, increasing urbanization, growing disposable income, and improved living standard of the global consumers. Moreover, the global population growth, which is expected to reach 8.5 billion by 2030, will lead to the increased demand for food thereby increasing the use of crop protection chemicals, such as herbicides and pesticides, which will, in turn, drive the demand for MCA. Crop protection chemicals safeguard crops and ensure higher yield. The demand for crop protection chemicals is high in the APAC and Latin American countries.

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Crystalline is projected to be the largest product form segment of the market during the forecast period.

Based on product form, the crystalline segment is projected to be the largest segment of the MCA market during the forecast period, in terms of both value and volume. Crystalline is the most widely used form of MCA, owing to its ease of transportation, handling, and operation. Additionally, due to its low cost and abundance, crystalline MCA is used in almost all the applications of MCA.

The CMC segment is projected to be the largest application segment of the market between 2017 and 2022.

The CMC segment is expected to be the largest application segment of the MCA market during the forecast period, in terms of both value and volume. This application segment accounted for about 50% of the market share in 2016. CMC is used in a wide range of end-use industries, such as construction, detergent, paper, agriculture, adhesive, cosmetic, paint, oil, plastic, ceramic, textile, pharmaceutical, food, and medicine. In the food & beverages industry, CMC is used as a thickening agent and to stabilize emulsions in various products. In the cosmetic industry, CMC is used in products such as toothpaste, laxatives, diet pills, water-based paints, detergents, and textile sizing. CMC is also used in the oil & gas industry as a thickening agent in drilling mud, where it functions as a viscosity modifier and water retention agent. The growth of these industries drives the demand for CMC, globally.

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Asia Pacific is projected to be the largest MCA market between 2017 and 2022, in terms of both value and volume.

Asia Pacific is projected to be the largest market for MCA during the forecast period. The demand for MCA is high in this region due to the large industrial base and improving lifestyles of the population. In addition to this, the increasing use of MCA for applications such as CMC, agrochemicals, and surfactants in emerging economies, such as India, China, and Indonesia also drive the Asia Pacific MCA market.

Some of the key players in the MCA market include AkzoNobel (Netherlands), CABB (Germany), Daicel Corporation (Japan), PCC SE (Germany), Niacet Corporation (US), Shandong Minji Chemical (China), Denak Co. (Japan), Kaifeng Dongda Chemical Company (China), and Meridian Chem-Bond (India). Joint venture and acquisition were the major growth strategies adopted by the market players between 2014 and 2017 to cater to the demand for MCA in emerging economies.

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Circuit Materials Market worth 36.85 billion USD by 2023

The report “Circuit Materials Market by Material Class (Substrate, Conducting Material, Outer Layer), Substrate (Fiberglass Epoxy, Paper-Phenolic), Conducting Material (Copper), Outer Layer (LIPSM, Dry Film Photoimageable), Application, Region – Global Forecast 2023″, The circuit materials market is projected to grow from an estimated USD 30.58 billion in 2018 to USD 36.85 billion by 2023, at a CAGR of 3.8% between 2018 and 2023.

Browse 62 market data Tables and 45 Figures spread through 123 Pages and in-depth TOC on “Circuit Materials Market”
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The increasing use of circuit materials due to technological advancements in the electronics sector is one of the most significant factors projected to drive the circuit materials market.

Based on the substrate, the fiberglass-epoxy segment of the circuit materials market is projected to register the highest CAGR, in terms of value, during the forecast period

Circuit materials, manufactured using the fiberglass-epoxy material, have superior mechanical and chemical properties. This raw material can provide a high strength-to-weight ratio. It also can withstand moisture and offers high resistance to fire. This factor is projected to drive the fiberglass-epoxy segment of the circuit materials market.

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The communications application segment is projected to account for the largest share, in terms of value, in the circuit materials market during the forecast period

Circuit materials are increasingly being used in the communications application. In this application, the use of circuit materials is significant in various devices such as mobiles, telephones, and smart tablets. The communications application is projected to account for the largest share of the market between 2018 and 2023, in terms of value. The use of circuit materials has increased in the communications application, owing to the ability to provide enhanced conductivity on compact printed circuit boards of the various communication devices.

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APAC is estimated to be the largest market for circuit materials in 2018, in terms of value.

APAC is estimated to be the largest market for circuit materials in 2018. The growth of the APAC circuit materials market can be attributed to the growing demand from the communications, industrial electronics, and automotive applications in the region. The growth is also attributed to the presence of well-established circuit materials manufacturers, such as Shengyi Technology (China), Kingboard Laminates (Hong Kong), and ITEQ Corporation (Taiwan) in the region.

Key players operating in the circuit materials market include Shengyi Technology (China), Kingboard Laminates (Hong Kong), ITEQ Corporation (Taiwan), DowDuPont (US), Jinan Guoji Technology (China), Eternal Materials (Taiwan), Rogers Corporation (US), Taiflex Scientific (Taiwan), Isola Group (US), and Nikkan Industries (Japan).

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Thermally Conductive Grease Market worth 416.6 Million USD by 2022

The report “Thermally Conductive Grease Market by Type (Silicone Grease, and Non-silicone Grease), End-Use Industry (LED Lighting, Telecommunication & IT, Automotive Electronics, Power Electronics), and Region – Global Forecast to 2022″, The thermally conductive grease market was valued at USD 273.0 Million in 2016 and is projected to reach USD 416.6 Million by 2022, at a CAGR of 7.3% from 2017 to 2022.

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The growth of the thermally conductive grease market across the globe is fueled by the increased demand from the LED lighting industry in indoor and outdoor applications. There is an increasing demand for thermally conductive grease in Asia Pacific, Europe, North America, and South America.

The silicone grease type segment of the thermally conductive grease market is projected to grow at the highest CAGR from 2017 to 2022.

The silicone grease type segment of the thermally conductive grease market is projected to grow at the highest CAGR between 2017 and 2022, owing to the increased use of these greases in different end-use industries. The market for silicone grease is large owing to its superior properties. Silicone greases can withstand higher temperatures and have less viscosity, making them ideal for filling small gaps or voids between two surfaces. Silicone greases are also cheaper than non-silicone greases and hence preferred in various applications.

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Among end-use industries, the transportation segment is projected to lead the thermally conductive grease market from 2017 to 2022.

The LED lighting end-use industry is projected to lead the thermally conductive grease market during the forecast period, owing to the increased demand for thermally conductive grease from the indoor and outdoor LED lighting applications across the globe. The increased government initiatives to ban CFL and improve energy efficient lighting systems in various regions are expected to drive the market of LED lighting. This, in turn, is expected to drive the demand for thermally conductive grease during the forecast period.

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The Asia Pacific region is the largest market for thermally conductive grease across the globe.

In 2016, the Asia Pacific region led the thermally conductive grease market, in terms of both value as well as volume. The growth of the Asia Pacific thermally conductive grease market is due to the increased use of thermally conductive grease by different end-use industries in China, India, Japan, South Korea, and Rest of Asia Pacific. Improving economic condition in the region have led to an increased demand for automobiles, thereby fueling the growth of the thermally conductive grease market in the region. Moreover, the continuously increasing population of the region is also contributing towards increased demand for consumer products, which, in turn, is leading to the growth of the Asia Pacific thermally conductive grease market.

There are a few global players operating in the thermally conductive grease market. These companies are actively investing in various strategies, such as expansions, new product launches, mergers & acquisitions, and joint ventures to increase their market shares to further strengthen their position in the thermally conductive grease market. Dow Corning Corporation (US), Electrolube (UK), Momentive Performance Materials Inc. (US), Laird PLC (US), 3M Company (US), Parker-Hannifin Corporation (US), LORD Corporation (US), Wacker Chemie AG (Germany), and Henkel AG & Co. KGaA (Germany) are the leading players in the thermally conductive grease market who have adopted various organic and inorganic strategies to ensure their growth in this market.

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Acrylic Adhesives Market worth 11.72 Billion USD by 2022

The report “Acrylic Adhesives Market by Type (Acrylic Polymer Emulsion, Cyanoacrylic, Methacrylic, UV Curable Acrylic), Application (Paper & Packaging, Construction, Transportation, Medical, Consumer, Electronics), Technology, and Region – Global Forecast to 2022″, The acrylic adhesives market is projected to grow from USD 8.84 Billion in 2017 to USD 11.72 Billion by 2022, at a CAGR of 5.81% between 2017 and 2022.

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Technological advancements are expected to fuel the demand for acrylic adhesives in mature markets, such as North America and Europe. Properties such as less cure time, increased performance benefits, better adhesion to a variety of substrates, and resistance to chemicals and various innovations in acrylic adhesive products are expected to drive the growth of the market in the near future. The acrylic adhesives market is shifting from traditional solvent-based adhesives to high-performance products such as reactive acrylic and pressure-sensitive acrylic adhesives, driven by the requirement of superior performance.

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Based on application, the paper & packaging application is projected to lead the acrylic adhesives market during the forecast period

Paper & packaging was the largest application segment of the acrylic adhesives market in 2016. Increasing demand for consumer goods in several countries across the globe is a key factor expected to fuel the growth of the paper & packaging segment in the coming years. In the packaging application, acrylic adhesives are extensively used in the production of labels, cases and cartons. Other applications of acrylic adhesives include building & construction, woodworking, transportation, consumer, and leather & footwear, among others.

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Based on formulation technology, the water-based adhesives segment is projected to lead the acrylic adhesives market during the forecast period

Water-based adhesives segment was the largest formulation technology segment of the acrylic adhesives market in 2016, in terms of both value and volume. Water-based is the most broadly-used technology in the formulation of adhesives. Water-based adhesives possess unique characteristics, such as UV, humidity, and discoloration resistance.

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Asia-Pacific is expected to lead the acrylic adhesives market during the forecast period

Asia-Pacific is expected to be the largest acrylic adhesives market during the forecast period. Growing population and increased demand from applications, such as paper & packaging and construction are expected to fuel the growth of the Asia-Pacific acrylic adhesives market. Countries such as China, Japan, and India are expected to be the major markets for acrylic adhesives in Asia-Pacific. China is estimated to be the largest market in terms of consumption.

Key companies operational in the market include Henkel AG & Company (Germany), 3M Company (U.S.), Bostik SA (France), H.B. Fuller (U.S.), Illinois Tool Works Inc. (U.S.), Avery Dennison (U.S.), Sika AG (Switzerland), and Royal Adhesives & Sealants, LLC (U.S.).

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Flock Adhesives Market worth 3.18 Billion USD by 2022

The report “Flock Adhesives Market by Resin Type (Acrylics, Polyurethane, Epoxy Resin), Application (Automotive, Textiles, Paper & Packaging), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) – Global Forecast to 2022″, The global flock adhesives market is projected to grow from USD 2.35 Billion in 2017 to USD 3.18 Billion by 2022, at a CAGR of 6.3% in terms of value. Factors driving the growing use of flock adhesives are the application expansion achieved through the improved quality of flock adhesives and increased demand for coated fabrics and luxury products. Growth in applications, especially in the emerging markets of Asia Pacific, and the shift in consumer preference toward high-quality and decorative products are driving the growth of the flock adhesives market.

Browse 106 Market Data Tables and 24 Figures spread through 146 Pages and in-depth TOC on “Flock Adhesives Market by Resin Type (Acrylics, Polyurethane, Epoxy Resin), Application (Automotive, Textiles, Paper & Packaging), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) – Global Forecast to 2022”https://www.marketsandmarkets.com/Market-Reports/flock-adhesive-market-240810348.html
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The polyurethane segment is projected to lead the flock adhesives market during the forecast period from 2017 to 2022.

In terms of value, the polyurethane segment is projected to lead the flock adhesives market during the forecast period. The growth of the polyurethane-based adhesives segment is supported by various factors, including the high elongation and stronger bonding properties. These are used in bonding windscreens and side and rear windows of passenger cars, trucks, and special vehicles. They are also used for bonding fiberglasses reinforced plastic elements, such as roof, side, and frontal panels. These also have an edge over silicone products as they can be easily painted, and offer a fissure-free coated surface for a long period of time.

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Among applications, the automotive segment is projected to grow at the highest CAGR during the forecast period, 2017 to 2022.

Among applications, the automotive segment is projected to grow at the highest CAGR during the forecast period, in terms of value. Flock adhesives are extensively used in car and other vehicle interiors. Flock adhesives play an important role in improving the aesthetics and performance of automobiles. Weight reduction of vehicles is the key to improve fuel efficiency and limiting pollutants. Flock adhesives are used for laminating, bonding, and assembling components of automotive interiors. Flock adhesives help original equipment manufacturers implement automobile weight reduction strategies and comply with stringent environmental regulations by keeping carbon emissions at a minimum level. This has presented a new growth opportunity for adhesives manufacturers.

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Asia Pacific is projected to lead the global flock adhesives market during the forecast period.

The Asia Pacific is projected to be the largest flock adhesives market during the forecast period. The Asia Pacific has emerged as the leading customer of flock adhesives owing to the increasing demand from various applications in the region, increasing disposable income, and easy access to resources. The growth of the flock adhesives market in the Asia Pacific region is mainly driven by China, which is experiencing substantial growth fueled by the rising investments in the infrastructure required for establishing manufacturing facilities for flock adhesives in the country.

According to the China Adhesive Association, China has maintained its position as the world’s leading market of flock adhesives, in terms of production and consumption. The growing middle-class population is one of the major drivers for the flock adhesives market in the Asia Pacific (particularly China). The middle-class population in countries such as China and India have been shifting towards purchasing luxury products such as cosmetics, watches, jewelry, and other luxury items. This trend is further expected to increase the demand for flock adhesives, as flocks are extensively used in improving the aesthetics of luxury products.

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Key players profiled in the report are Henkel (Germany), H.B. Fuller (US), Sika AG (Switzerland), Dow Chemical (US), Kissel + Wolf (KIWO) (Germany), LORD Corporation (US), Nyatex (US), Stahl Holdings (Netherlands), International Coatings (US), and Gemteks Tekstil Boyalari (Turkey), among others.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

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Impact Modifier Market worth 2.73 Billion USD by 2021

The report “Impact Modifier Market by Type (ABS, AIM, ASA, MBS, EPDM, CPE, Others), Application (PVC, Nylon, PBT, Engineering Plastics, Others), End-Use Industry, & by Region (Asia-Pacific, North America, Europe, South America, Middle East & Africa) – Global Forecast to 2021″, The global impact modifiers market was valued at USD 2.14 Billion in 2016 and is projected to reach USD 2.73 Billion by 2021, at a CAGR of 5.0% from 2016 to 2021. Rapid industrialization in the developing countries and the increased demand of impact modifiers in the construction and packaging industries, is expected to drive the market for impact modifiers.

Browse 115 market data tables and 52 figures spread through 148 pages and in-depth TOC on “Impact Modifier Market by Type (ABS, AIM, ASA, MBS, EPDM, CPE, Others), Application (PVC, Nylon, PBT, Engineering Plastics, Others), End-Use Industry, & by Region (Asia-Pacific, North America, Europe, South America, Middle East & Africa) – Global Forecast to 2021”https://www.marketsandmarkets.com/Market-Reports/impact-modifier-market-58674504.html
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PVC is the largest application segment of the global impact modifiers market

PVC is the largest application segment of the impact modifiers market. The growth of impact modifiers in PVC application is mainly attributed to its easy availability and low cost. The increasing applicability of PVC in varied end-use industries, such as packaging, construction, automotive, and consumer goods is another factor that is expected to drive the growth of the market in this segment.

Methacrylic-butadiene-styrene (MBS) is projected to dominate the global impact modifiers market by 2021

The Methacrylic-butadiene-styrene (MBS) segment is projected to grow at the highest CAGR from 2016 to 2021. MBS helps improve the impact strength of products, especially PVC finished products, which are mainly used in indoor applications. The environment friendliness of MBS is expected to further aid the growth of the impact modifiers market.

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Asia-Pacific is projected to dominate the global impact modifiers market

Asia-Pacific accounted for the largest market share in the global impact modifiers market in 2015. China was the largest market for impact modifiers in Asia-Pacific, followed by Japan and India. Manufacturers based in Europe and South America are strategically focusing on tapping the key growth markets in the Asia-Pacific region. The growth of the packaging, consumer goods, and automotive end-use industries in Asia-Pacific is expected to drive the growth of the impact modifiers market.

Some of the key players operating in the global impact modifiers market include E. I. du Pont de Nemours & Co. (U.S.), BASF SE (Germany), The Dow Chemical Company (U.S.), Evonik Industries AG (Germany), and Clariant AG (Switzerland).

The market for impact modifiers has been segmented based on type, application, end-use industry, and region. The report focuses on current market trends and estimates, and provides a forecast from 2016 to 2021. The key strategic activities in this market, including mergers and acquisitions, partnerships, and new product launches or developments have also been covered, which provide deep insights about growth perspectives of the global impact modifiers market.

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