The global functional polymer market is expected to reach an estimated $7.1 billion by 2023 with a CAGR of 5.6% from 2018 to 2023
NEW YORK, Feb. 5, 2019 /PRNewswire/ -- Trends, opportunities and forecast in functional polymer market to 2023 by end use industry (automotive, packaging, electrical and electronics, construction, consumer goods, medical, industrial, and others), polymer type (PP, PE, polyolefin, epoxy, PU, polyamide, polyester, EVA, acrylic, butadiene, and others), functional group (anhydride based functional polymer, silicone based functional polymer, hydroxyl based functional polymer, urethane based functional polymer)
Read the full report: https://www.reportlinker.com/p05730694
The global functional polymer market looks promising with opportunities in the packaging, electrical and electronics, automotive, construction, consumer goods, medical, industrial, and others industries. The global functional polymer market is expected to reach an estimated $7.1 billion by 2023 with a CAGR of 5.6% from 2018 to 2023. The major drivers for this market are increasing demand for packaging and growth in the electrical & electronics and consumer goods industries.
An emerging trend, which has a direct impact on the dynamics of the functional polymer industry, include increasing demand of functional polymers in stretchable and printable electronics applications.
functional polymer market by end use
functional polymer market
functional polymer manufacturers
The study includes functional polymer market size and forecast for the global functional polymer market through 2023, segmented by end use industry, polymer type, functional group, process type, and region as follows:
Functional Polymer Market by End Use Industry (Volume (Million Pounds) and $M shipment analysis for 2012 – 2023):
Automotive Packaging Electrical and Electronics Construction Consumer Goods Medical Industrial Others
Functional Polymer Market by Polymer Type (Volume (Million Pounds) and $M shipment analysis for 2012 – 2023):
PP PE Polyolefin Epoxy PU Polyamide Polyester EVA Acrylic Butadiene Others
Functional Polymer Market by Functional Group ($M shipment analysis for 2012 – 2023):
Anhydride based Functional Polymer Silicone based Functional Polymer Hydroxyl based Functional Polymer Urethane based Functional Polymer Methoxy based Functional Polymer Ethyl Acetate based Functional Polymer Ester based Functional Polymer Others
Functional Polymer Market by Process Type (Volume (Million Pounds) and $M shipment analysis for 2012 – 2023):
Direct Functionalization Post Functionalization
Functional Polymer Market by Region (Volume (Million Pounds) and $M shipment analysis for 2012 – 2023):
North America Europe Asia Pacific The Rest of the World
Some of the functional polymer companies profiled in this report include Evonik, DowDuPont, BASF, Toyobo, Showa Denko, Tosoh, Adeka, Solvey and Nikki Forn and others.
On the basis of comprehensive research, Lucintel forecasts that the polyethylene segment will remain the largest polymer type by value and volume over the forecast due to growth in packaging, pipe & tank, and wire & cable market.
Within the global functional polymer market, packaging is expected to remain the largest end use industry and witness the highest growth in the forecast period due to its ability to provide product appearance, scratch resistance, and adhesion properties.
Asia Pacific is expected to remain the largest region by value and volume; it is also expected to witness the highest growth over the forecast period due to increasing automotive production and growth in construction, electrical & electronics and consumer goods industry.
Some of the features of "Functional Polymer Market Report: Trends, Forecast and Competitive Analysis" include:
Market size estimates: Global functional polymer market size estimation in terms of value ($M) and volume (Million Pounds) and shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
Segmentation analysis: Global functional polymer market size by various applications such as end use industry, polymer type, functional group, and process in terms of value and volume shipment.
Regional analysis: Global functional polymer market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of functional polymer in the global functional polymer market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of functional polymer in the global functional polymer market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for composites in the global functional polymer market by end use industry (automotive, packaging, electrical and electronics, construction, consumer goods, medical, industrial, and others), polymer type (PP, PE, polyolefin, epoxy, PU, polyamide, polyester, EVA, acrylic, butadiene, and others), functional group (anhydride based functional polymer, silicone based functional polymer, hydroxyl based functional polymer, urethane based functional polymer, methoxy based functional polymer, ethyl acetate based functional polymer , ester based functional polymer, and others), process type (direct functionalization and post functionalization) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the functional polymer market?
Q.5 What are the business risks and threats to the functional polymer market?
Q.6 What are emerging trends in this functional polymer market and the reasons behind them?
Q.7 What are some changing demands of customers in the functional polymer market?
Q.8 What are the new developments in the functional polymer market? Which companies are leading these developments?
Q.9 Who are the major players in this functional polymer market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this functional polymer area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this functional polymer market?
Read the full report: https://www.reportlinker.com/p05730694
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