Specialty Polymers Market- Driven by rising applications globally; the U.S. contributing a major
The Specialty polymers are the specialty chemicals polymer material. They are used in smaller quantities and are relatively expensive than the commodity chemicals. The Specialty Polymers Market is led by the North America due to the high presence of industries in the region.
Europe is the second leading region which is closely followed by Asia Pacific. The Asia Pacific has high scope for growing in the Specialty Polymers Market due to the rise in industrialization in the region. Polymer plastic and acrylic polymers are among the highly demanded products in the industries.
The Dow Chemical Company is one of the major chemicals and Polymer Company that is growing with a commendable pace with many deals with countries oversees and in house projects. Another important company that is progressing with pretty good pace is Solvay Chemicals, which is a Belgian company. It is one of the few companies that deal with specialty polymers in the Specialty Polymers Market.
It has various applications in different industries. They have high heat resistance and flame resistance properties and are used as good insulating materials. Specialty polymers imparts desired feature in specific applications. Thus, the Specialty Polymers Market is highly demanded in various industries across the globe.
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Segmentation and key players of the Specialty Polymers Market:
According to the IndustryARC market research studies report, the Specialty Polymers Market is segmented into various categories such as by type, by application and by region.
By type: Thermoplastic Polymers (Polycarbonate (PC), Polysulfonates, Polytetrafluoroethylene (PTFE) and others), Biodegradable Polymers (Polyhydroxybutarate (PHB), Polyhydroxyvalarate (PHV) and Polyhydroxybutarate-hydroxyvalarate (PHBV)), Conducting Polymers (Intrinsically Conducting Polymers, Extrinsically Conducting Polymers, Doped Conducting Polymers and Coordination Conducting Polymers), Polymer Composites (Particle reinforced composites, Fiber reinforced composites and Structural Composites), Electroluminescent Polymers and Liquid Crystal Polymers.
By application: automobile, marine, aerospace, electronics, medical, agriculture and others
By region: North America, South America, Europe, Asia Pacific and ROW
Some of the prominent companies that are mentioned in the IndustryARC market research report on the Specialty Polymers Market are as follows:
Nippon Shokubai Co. Ltd
BASF SE
Evonik Industries AG
Sumitomo Seika Co. Ltd.
LG Chem Ltd.
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The Specialty Polymers Market is rapidly growing market with high use of polymers and plastics in many end user industries across the globe. This market is expected to witness high growth owing to its properties in various polymer industries and it is very profitable for high revenue gain during 2015-2020.
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