Cast Polymers: Global Markets

Jan 07, 2016, 14:57 ET from Reportlinker

NEW YORK, Jan. 7, 2016 /PRNewswire/ -- This BCC Research report covers the history, current status and forecast scenario for solid surface, engineered composites and engineered stone categories of polymers. It also analyzes the main applications of cast polymers, including countertops, sinks lavatories, vanities, shower receptors, bathtubs, enclosure sets, fireplace surrounds, window sills, wall panels, floor tiles, whirlpool baths and molding accents. Forecasts provided from 2015 to 2020.

Use this report to:

Learn about the history, current status and forecast scenario for three categories of polymers: solid surface, engineered composites and engineered stone. Receive information about the technologies and raw material type (resins, fillers, pigments and additives). Gain insight into the cast polymer manufacturing process.

Highlights

The global market for cast polymers reached 209.7 million square meters in 2014. This market will grow at a compound annual growth rate (CAGR) of 9.5% to reach 361.5 million square meters in 2020 from 229.2 million square meters in 2015 for the period 2015-2020.
Solid surface as a product type of this market is expected to grow from 109.5 million square meters in 2015 to 168.7 million square meters in 2020, growing at a CAGR of 9.0% for the period 2015-2020.
Engineered stone as a product type of this market is expected to grow from 68.9 million square meters in 2015 to 121.5 million square meters in 2020, growing at a CAGR of 12.0% for the period 2015-2020.

STUDY GOALS AND OBJECTIVES

The recovery of the residential and commercial construction markets in North America and Europe and fast-growing consumption in China and India contributed to most of this growth. Global supply chains have been formed and international competition has come into being, and there will be growing market opportunities for industry players with global strategies in place. In this report, BCC Research looks at the global cast polymer industry and market covering Asia, North America, Europe and other regions of the world.

Highlights for the global cast polymer markets include:

China's consumption of quartz surface products will have a compound annual growth rate (CAGR) of 18.8% from 2015 through 2020. Annual sales of 10 million square meters per year are expected.
China's consumption of engineered stones will increase at a CAGR of 15.0% from 2015 through 2020.
China's consumption of all l cast polymer products will have a CAGR of 13.6% from 2015 through 2020. In 2020, this market will see an increased use of 94.1 million square meters of cast polymers per year, or an increased sale of $4.0 billion a year.
India's consumption of all cast polymer products will increase at a CAGR of 11.2% from 2015 through 2020.
The world's total consumption of cast polymer will have a CAGR of 9.5% from 2015 through 2020. In 2020, this market will have an increased use of 139.3 million

SCOPE OF THE STUDY

According to the International Cast Polymer Alliance (ICPA), cast polymers are man-made, chemically-bonded, mineral-filled, polymeric materials which are molded and hardened to a solid material in a variety of shapes that meet diverse design needs.

The ICPA divides cast polymers into three general categories based on the materials and manufacturing methods used: solid surface, engineered composites and engineered stone. This study covers the history, current status and forecast scenario for these three categories of polymers.

The report also analyzes the main applications of cast polymers, including countertops, sinks lavatories, vanities, shower receptors, bathtubs, enclosure sets, fireplace surrounds, window sills, wall panels, floor tiles, whirlpool baths and molding accents.

Regional markets, including China, Asia, Europe, North America and the rest of the world (ROW), have been researched and analyzed, as have the markets of major cast polymer consuming countries. Technologies and raw material type (resins, fillers, pigments and additives) are also described in this report.

Read the full report: http://www.reportlinker.com/p03549299-summary/view-report.html

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