Global Polymer Clay Market Size By Product (Solid, Liquid), By Application (Residential, Commercial, Industrial), By Geographic Scope And Forecast
Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Polymer Clay Market Size By Product (Solid, Liquid), By Application (Residential, Commercial, Industrial), By Geographic Scope And Forecast
Polymer Clay Market Size And Forecast
Polymer Clay Market size was valued at USD 0.33 Billion in 2024 and is projected to reach USD 1 Billion by 2031, growing at a CAGR of 5.8% during the forecast period 2024-2031.
The rise in popularity of polymer clay in applications such as Do it Yourself (DIY) and Socially Useful Productive Work (SUPW) is a crucial aspect of the rise in the market revenue of Polymer Clay as well as the emergence of e-commerce and dual-income households will foster market growth. The Global Polymer Clay Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Polymer Clay Market Definition
Polymer clay is a synthetic clay-like material made of polyvinyl chloride (PVC), plasticizer, resin, and pigment. The raw sort of polymer clay is malleable; thus, it is often converted into any shape. The raw polymer clay is fired so the PVC particles fuse to make the material hard and rigid. Polymer clay may be a sort of hardenable modeling clay that supported the polymer PVC (PVC).
It typically contains no clay minerals, but like mineral clay, a liquid is added to dry particles until it achieves gel-like working properties, and similarly, the part is put into an oven to harden, hence its colloquial designation as clay. Polymer clay is usually used for creating arts and craft items and is additionally utilized in commercial applications to form decorative parts. Art made up of polymer clay can now be found in major museums.
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Global Polymer Clay Market Overview
Expansion in the global toy industry owing to the downfall of brick-and-mortar shopping along with the emergence of e-commerce and dual-income households has augmented the demand for advanced toy materials. This, in turn, is driving the demand for polymer clay across the globe. The rise in popularity of polymer clay in applications such as Do it Yourself (DIY) and Socially Useful Productive Work (SUPW) is also anticipated to fuel the Polymer Clay Market shortly. However, potential dangers and risks related to unsafe toys may create challenges for the Polymer Clay Market during the forecast period.
Currently, the buyer preference for is changing rapidly, as per the style trends. End-consumers have become choosy owing to the availability of several alternatives in brick & mortar retail shops and e-commerce platforms. Improvement of lifestyle owing to the increase in disposable income and penetration of the Internet primarily in emerging economies have augmented the demand for modern jewelry. Polymer clay acts as a raw material for imitation jewelry owing to its cost-effectiveness and performance properties. Thus, a rise in demand for polymer clay within the jewelry-making industry is anticipated to fuel the demand for polymer clay during the forecast period.
Global Polymer Clay MarketSegmentation Analysis
The Global Polymer Clay Market is segmented on the basis of Product, Application, And Geography.
Polymer Clay Market, By Product
• Solid• Liquid
Based on Product, the market is bifurcated into Solid and Liquid. Of the two, the Solid type segment is anticipated to lead the Global Polymer Clay market.
Polymer Clay Market, By Application
• Residential• Commercial• Industrial
Based on Application, the market is bifurcated into Residential, Commercial, and Industrial. The Commercial application segment is anticipated to lead the Global Polymer Clay market.
Polymer Clay Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, The Global Polymer Clay Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is estimated to carry a serious share of the worldwide Polymer Clay Market during the forecast period. The presence of well-established toy industry in the U.S., constant demand of end-users for DIY activities, and an increase in usage of the Internet in craft and lifestyle activities are boosting the market in the region. The rise in consumption of jewelry items and toys owing to improvement of lifestyle within the Asia Pacific owing to the rise in income in emerging economies is anticipated to fuel the demand for polymer clay in the region during the forecast period.
Key Players
The “Global Polymer Clay Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Staedtler Mars, Polyform Products, Van Aken International, American Art Clay, Viva Decor, and The Clay & Paint Factory.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
Product Launch And Product Development
• In May 2019, Polymer Clay launched its new products named Sculpey III, Premo, and Solid Clay Conditioner having different vibrant colors.
• In September 2019, Staedtler Mars GmbH & Co. KG, a German manufacturing company, added three new liquid colors to its FIMO range – black, silver, and gold, to fulfill ever-increasing customer demand.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2021-2031 |
Base Year | 2024 |
Forecast Period | 2024-2031 |
Historical Period | 2021-2023 |
UNIT | Value (USD Billion) |
Key Companies Profiled | Staedtler Mars, Polyform Products, Van Aken International, American Art Clay, Viva Decor, and The Clay & Paint Factory. |
Segments Covered | • By Product• By Application• By Geography |
Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
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