Title: Specialty Polymers Market - Forecast (2022 - 2027)
1Specialty Polymers Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report (2022 - 2027)
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- Specialty Polymers Market size is forecast to
reach 253.77 billion by 2025 after growing at a
CAGR of 6.7 during 2020-2025. - Specialty polymers are additives that are used to
enhance the desired properties of polymers. - They display specialized properties that make
them preferable over conventional polymers.
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Key Takeaways
- Elastomers segment held the largest share in the
specialty polymers market in 2019. - Elastomers are polymers that are having viscosity
as well as elasticity and therefore are known as
viscoelasticity. - The molecules of elastomers held together by weak
inter-molecular forces, generally they exhibit
low Youngs modulus and high yield strength or
high failure strain. - They inherit the unique property of regaining
original shape and size after being stretched to
a great extent. Natural rubber segment held the
largest share in the elastomers.
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- By Distribution Channel- Segment Analysis
- APAC dominates the specialty polymers market with
a share of more than 40 followed by North
America and Europe. - The economy of APAC is mainly influenced by the
economic dynamics of countries such as China and
India, but with growing foreign direct investment
for economic development of South East Asia, the
current scenario is changing. - Countries in South East Asia are witnessing high
growth in building construction sector. The
growth of specialty polymers can be taken as
directly proportional to the growth of building
and construction industry.
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- Specialty Polymers Market Industry OutlookÂ
- Koninklijke DSM N.V.,
- Evonik Industries,
- Solvay Group,
- BASF SE,
- Specialty Polymers, Inc., and Others
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Specialty Polymers Market - Forecast(2022 -
2027) Learn More About the Report
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lty-polymers-market.html
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