NEW YORK, Nov. 30 2015 /PRNewswire/ -- Polymer blends and alloys owing to their advanced and better quality characteristics are one of the fastest growing segments of today's plastics industry. With continuous development and technologically advancements, metals and glass are continuously being replaced by lighter materials such as polymer blends and alloys. Light weight and non-corrosion properties with cost effectiveness make polymer blends suitable for applications in automotive and electronic industries. Maufacturers in North America and Europe are willing to spend extra money on products that assure them quality and efficiency. Polymer blends and alloys provide customers and designers with benefits such as high strength-to-weight ratios, corrosion resistance, thermal resistance, dielectric properties, durability and dimensional stability. Polymer blends and alloys have widespread applications across varied industry verticals such as automotive, electrical & electronics, consumer goods, aerospace , healthcare and constrcution sectors.
The global pultrusion market is estimated at USD 3,283.7 million in 2015 and is projected to reach USD 4,251.4 million by 2020, at a CAGR of 5.30% from 2015 to 2020.
The global polymer blends and alloys market is primarily driven by superior mechanical and physical properties. The combination of polymers gives the product unique properties such as strength, resistance and low weight that cannot be achieved with any other material. Polymer blends provide manufacturers and designers with benefits such as high strength-to-weight ratios, corrosion resistance, heat resistance, durability, and dimensional stability. Polymer blends and alloys are cost effective and versatile alternative to traditional materials. The increasing demand for lightweight and thermally stable products are expected to boost the overall growth of the global polymer blends and alloys market.
The report includes company profiles of major players, recent activities in the market, new product launches, mergers & acquisitions, collaborations and partnerships, and SWOT analysis.
Some of the companies profiled in this report are SABIC (Saudi Arabia), E. I. du Pont de Nemours and Co.(U.S.), Covestro AG (Germany), A. Schulman Inc. (U.S.), Mitsubishi Engineering Plastics Corp. (Japan), Diacel Polymer Ltd. (Japan), Asahi Kasei Chemical Corporation (Japan), BASF SE (Germany) and others.
1. Polymer Blends and Alloys Application Market by country.
2. Three –Five new country level data.
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