Global polymer filler market is projected to grow at a CAGR of 3.8% during 2019-2024, reaching $ 58 billion by 2024. Increasing demand for organic fillers like natural fibers, hemp and wood flour is compelling the automotive, packaging and construction industries to start using polymer fillers. High-quality optical properties, better impact strength and ability to substitute expensive plastic resins make polymer fillers the preferred material for numerous applications.
Polymer fillers market has been segmented based on type, end user and region. On the basis of type, the market has been categorized into hydroxides, salts, oxides, natural fibers, silicates, metals and others. The salts segment including calcium carbonate and calcium sulfate holds the largest market share, in terms of volume, closely followed by oxides. The salts type is preferred in building & construction industry, on account of their lower cost and sufficient strength.
Based on end user, the market has been segmented into construction, manufacturing, automotive, packaging and others. The construction industry accounts for the largest share in global polymer filler market, backed by the popularity of calcium carbonate fillers. However, automotive industry is expected to witness highest growth during the forecast period, owing to growing demand for high strength low weight material in the sector. Moreover, strict regulations related to vehicular emissions are further anticipated to drive the product demand.
Regionally, the market has been bifurcated into North America, South America, Europe, Asia-Pacific and Middle East & Africa. Among these regions, Asia-Pacific is anticipated to be the largest market for polymer fillers, owing to growing packaging and building & construction industries in the region. North America accounts for the second largest share in global polymer filler market, owing to the presence of major players in the region.
Some of the key players operating in the market include Imerys S.A., Lkab Group, Minerals Technologies Inc., Omya AG, 20micron Ltd., Hoffmann Mineral GmbH, GCR Group, Unimin Corporation, Quarzwerke Group and Karntner Montanindustrie Gesellschaft M.B.H.
Years considered for this report
Historical Years2014-2017
Base Year2018
Estimated Year2019
Forecast Period2020-2024
Objective of the Study
- To analyze
and forecast global polymer filler market size.
- To forecast global polymer
filler market based on type, end user and region.
- To
identify drivers and challenges for global polymer filler market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in global polymer filler market.
- To conduct
the pricing analysis for polymer filler market.
- To
identify and analyze the profile of leading players involved in the
manufacturing of polymer fillers.
Click here to download the brochure
Some of the leading players in global polymer filler market are Imerys S.A., Lkab Group, Minerals Technologies Inc., Omya AG, 20micron Ltd., Hoffmann Mineral GmbH, GCR Group, Unimin Corporation, Quarzwerke Group and Karntner Montanindustrie Gesellschaft M.B.H.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of leading manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the product offerings, distribution channels and presence of all major players operating in global
Market Insights Research calculated global
Key Target Audience
- Polymer filler manufacturers, suppliers and
end users
- Government and other regulatory bodies
- Research institutes and organizations
- Associations, organizations and forums
associated with polymer fillers
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
