Cast Polymers Market - Forecast to Reach $11.9 Billion by 2022

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Oct 13, 2017, 07:45 ET

DUBLIN, October 13, 2017 /PRNewswire/ --

The "Cast Polymers Market - Global Forecast to 2022" report has been added to Research and Markets' offering.

The cast polymers market is projected to grow from USD 9.08 Billion in 2017 to USD 11.97 Billion by 2022, at a CAGR of 5.7% from 2017 to 2022. The growth of the construction & remodeling industry across the globe, along with increased demand for high-quality cast polymers products is expected to fuel the growth of the cast polymers market during the forecast period.

Based on type, the cast polymers market has been segmented into solid surface, engineered stone, and cultured marble. Solid surface is a man-made product, which is usually composed of marble dust, acrylic, or polyester resins and pigments. It is primarily used for seamless countertop installations. In terms of value, the solid surface segment is projected to lead the cast polymers market during the forecast period, owing to the wide use of solid surface products in kitchen and bathroom applications. The engineered stone segment of the market is projected to grow at the highest CAGR between 2017 and 2022, in terms of value due to increased demand for engineered stones from the residential and non-residential sectors. The increased demand for these stones from the residential and non-residential sectors can be attributed to the high performance offered by engineered stones in comparison to other materials.

Based on end user, the cast polymers market has been classified into non-residential and residential segments. The non-residential segment of the market is projected to grow at a higher CAGR than the residential segment during the forecast period, in terms of value. The growth of the non-residential segment of the cast polymers market can be attributed to the increased demand for these materials from non-residential constructions such as hospitals, and schools, among others.

Based on material, the cast polymers market has been classified into alumina trihydrate, calcium carbonate, resins, natural stone/quartz, and others. Alumina trihydrate, calcium carbonate, and resins are the major raw materials used for manufacturing cast polymers. The alumina trihydrate segment is estimated to lead the cast polymers market in 2017, in terms of value. The growth of this segment of the market can be attributed to the versatile properties such as high durability and scratch resistance offered by alumina trihydrate. Moreover, it is cost-effective. In terms of value, the natural stone/quart segment of the cast polymers market is projected to grow at the highest CAGR during the forecast period.

Companies Mentioned

Agco, Inc.
Aristech Surfaces
Blanco
Bradley Corporation
Breton S.P.A.
Caesarstone Ltd.
California Crafted Marble
Central Marble Products
Compac
Coritec Solid Surface Manufacturers
Cosentino S.A.
E.I. Du Pont De Nemours And Company
Eastern Surfaces
Eos Surfaces
Hanwha Surfaces
Huber Engineered Materials
Kingkonree International Surface Industrial Co., Ltd.
Lehigh Surfaces
Meganite Inc.
Oppein Home Group Inc.
Royal Stone Industries
Swan Surfaces, Llc
Technistone
The R.J. Marshall Company
United States Marble, Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Cast Polymers Market, By Type

7 Cast Polymers Market, By Material

8 Cast Polymers Market, By End User

9 Regional Analysis

10 Competitive Landscape

11 Company Profiles

12 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/cx32xz/cast_polymers

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