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Opaque Polymers Market Forecast | 2023-2028
The Opaque Polymers Market is expected to grow from USD 2.10 Billion in 2022 to USD 3.93 Billion by 2028 at a healthy CAGR of 11.01% during the forecast period of 2023-2028.
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What are opaque polymers?
Opaque polymers are polymers with high levels of crystallinity. Polymers can be transparent, translucent, and opaque, based on their crystallinity.
Opaque polymers, similar to other polymers also have a number of characteristics such as being resistant to chemicals, electrical and thermal insulators, and lightweight yet strong, and can be used in a number of applications. These polymers with opaque nature are highly used in applications such as paints, detergents, personal care ingredients, and others depending upon their types.
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Opaque Polymers Market Report Highlights |
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Market Size in 2022 |
US$ 2.10 Billion |
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Market Size in 2028 |
US$ 3.93 Billion |
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Market Growth by 2023-2028 |
CAGR of 11.01% |
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Base Year of Study |
2022 |
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Trend Period |
2017-2021 |
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Forecast Period |
2023-2028 |
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Dominant Region |
Asia-Pacific is expected to be the largest market. |
Based on the type, the market is segmented as solid content 30% and solid content 40%. The solid content 30% held the largest share by volume in 2018, and it is expected to retain its dominance in the coming five years. It is also estimated to be the faster-growing segment during the forecast period. The market is sustained by its extensive use in paint and coating applications.
Based on the application type, the market is segmented as paints & coatings, personal care, and detergents. The paints & coatings application segment held the largest share in 2018, by value and volume. It is also estimated to register the highest growth in the coming five years. The growth is attributed to the rising demand for decorative paints & coatings by the construction industry.
In terms of regions, Asia-Pacific is expected to be the largest market for opaque polymers in the coming five years. China and India are the growth engines of the region. The market is sustained by various end-use industries and growing investments by companies in the construction and personal healthcare industries. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Opaque Polymers Market Research Report – Features |
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Market Segmentation |
3 ways |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The opaque polymers market is segmented into the following categories.
Some of the opaque polymer manufacturers are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
The opaque polymers market is expected to witness an impressive growth of 11.01% CAGR in the foreseeable future.
The DOW Chemical Company, Arkema, Ashland Global Holdings Inc., Interpolymer Corporation, Organik Kimya A.S., Croda International PLC, Entech Polymer Co., Hankuck Latices Co. Ltd., Indulor Chemie GmbH, and Visen Industries Limited are among the key players in the opaque polymers market.
The solid segment is expected to remain dominant in the opaque polymers market in the coming years.
The paints & coatings application segment is expected to register the highest growth in the opaque polymers market during the next five years.
Asia-pacific is expected to be the largest opaque polymers market during the next five years.
China and India are the growth engines in the opaque polymers market in the Asia-pacific region.
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