Global Synthetic Polymer Market Overview:
Synthetic polymers are human made polymers. Nylon, polyethylene, polyester, Teflon, and epoxy are examples of synthetic polymers. Synthetic polymers are showing various properties such as lightweight, not breakable, long lasting and easy to form into shape. Synthetic polymer are demanding due to low cost. Rising demand of synthetic polymer in packaging and food industry will help to boost global synthetic polymer market. Additionally, some polymers are used in everyday life such as Nylons used in fabrics and textiles, Teflon used in non-stick pans and polyvinyl chloride used in pipes. Some of the key players profiled in the study are Arkema (France), BASF (Germany), Hexcel (United States), Cytec (United States), Mitsubishi Rayon (Japan), Solvay (Belgium), SGL (Germany), SABIC (Saudi Arabia) and E. I. du Pont (United States).
On the basis of geography, the market of Synthetic Polymer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct Sales will boost the Synthetic Polymer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand of Synthetic Polymer Due To Their Strength, Flexibility
- Fueling Demand of Synthetic Polymer Due To Low Cost
- Increasing Dependency in Packaging Industry
- Adoption of Synthetic Polymer in Paint as well as Coating Industry
- Strength Government Regulations
Major Market Developments:
On 17th May 2018, Arkema S.A. has acquired industrial adhesives business of Nitta-Gelatin Inc.
On 26th March 2018, Hexcel (an American public industrial materials company) and Arkema (a specialty chemicals and advanced materials company) has announced that they are together to develop thermoplastic composite solutions.
Synthetic Polymer Manufacturers, Synthetic Polymer Suppliers/Distributors, Research Organizations and Consulting Companies, Organizations, Associations and Alliances Related To Synthetic Polymer, Government Bodies Such As Regulating Authorities, Government Research Organizations, Industry Associations and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Synthetic Polymer market on the basis of product [Thermoplastics, Elastomers, Thermosets and Synthetic Fiber] , application [Electronics, Food Industry, Petrochemicals, Healthcare, Building and Construction, Electronics and Communications and Transportation], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Synthetic Polymer market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Synthetic Polymer industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Dow Chemical Company (United States), Lyondell Basell Industries (Netherlands) and ExxonMobil Corporation (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Synthetic Polymer market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.