July 29, 2020
As per the report titled ‘Global Specialty Polymer Market: Analysis By Type, By Application, By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024)’, available with Market Study Report LLC, global specialty polymer market is projected to register substantial gains, expanding with a CAGR of 11.29% over 2019-2024.
Based on product type, global specialty polymer market is divided into conducting, thermoplastics, electroluminescent, biodegradable, and liquid crystal polymers. Among these, the thermoplastics segment is slated to witness substantial growth owing to surging demand for electronic devices such as smart TV, laptops, and mobile phones.
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Considering the application spectrum, global specialty polymer market is classified into electrical and electronics, automotive, building and construction, medical, and oil and gas.
Geographically, global specialty polymer market is categorized into Asia-Pacific, Europe, North America, and Rest of the World. These regions are further sub-categorized into U.S., U.K, Canada, China, Germany, India, and Japan. Among these, Asia-Pacific specialty polymer market is projected to hold substantial share of the global market due to growing population, surging construction activities in countries like India, China, and Vietnam, and expanding healthcare sector.
Prominent players operating in global specialty polymer market are BASF SE, Croda International Plc, Evonik Industries AG, PolyOne Corporation, DuPont de Nemours, Inc., 3M Company, Solvay, and Specialty Polymers, Inc.