The global opaque polymers market is projected to grow at a significant CAGR during the forecast period, 2023-2027. The market growth can be attributed to the increasing use of opaque polymers for the development of decorative and architectural paints & coatings. Opaque polymers help formulations deliver opacity, gloss, brightness, and light scattering effects. These polymers have lower carbon footprint compared to titanium oxide and emit less VOCs, which has led to their greater adoption for paints & coatings. Besides, the increasing adoption of paints in the construction sector, owing to rapid urbanization and infrastructural developments is expected to drive the growth of the global opaque polymers market. Additionally,
The global opaque polymers market is segmented on the basis of type, application, and region. Based on type, the market is bifurcated into solid content 30% vs solid content 40%). The solid content 30% segment is expected to dominate the global opaque polymers market, owing to their high demand in paints & coatings industry. Based on application, the market is divided into paints & coatings, personal care & detergents. The paints & coatings segment is expected to register the highest growth during the forecast period, owing to the rising demand for decorative paints in the construction sector. In 2021, Asia-Pacific had the largest market share in opaque polymers market due to increasing investments in the construction industry is expected to maintain its dominance over the next five years as well.
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Some of the major players operating in the global opaque polymers market are The DOW Chemical Company, Arkema, Ashland Global Holdings Inc., Interpolymer Corporation, Organik Kimya A.S., Croda International PLC, En-Tech Polymer Co., Ltd, Hankuck Latices Co., Ltd., Indulor Chemie GmbH & Junneng Chemical, etc.
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Attribute
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Details
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, Volume in
Units, CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue Forecast, Volume Forecast, Company
Share, Competitive Landscape, Growth Factors, And Trends
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Segments covered
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By Type
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By Application
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Region scope
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Asia Pacific; Europe; North America;
South America; Middle East & Africa
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Country scope
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United Kingdom, Germany, France, Italy,
Spain, Rest of Europe, China, Japan, South Korea, Australia, India, Rest of
APAC, Brazil, Argentina, Colombia, Rest of South America, Saudi Arabia, UAE, Israel,
South, Africa, Rest of MEA
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Key companies profiled
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The DOW Chemical Company, Arkema,
Ashland Global Holdings Inc., Interpolymer Corporation, Organik Kimya A.S.,
Croda International PLC, En-Tech Polymer Co., Ltd, Hankuck Latices Co., Ltd.,
Indulor Chemie GmbH & Junneng Chemical
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Customization scope
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10% free report customization with
purchase. Addition or alteration to regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to
meet your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
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