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Opaque Polymers Market Trends

Report ID: GMI7674
Published Date: Dec 2023
Report Format: PDF

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Opaque Polymers Market Trends

One notable trend is the increasing emphasis on sustainability, with a growing demand for eco-friendly opaque polymers that align with environmental regulations and consumer eco-consciousness. Water-based formulations are gaining traction as an alternative to solvent-based products, contributing to reduced environmental impact. Additionally, the market is experiencing a surge in research and development activities, leading to the introduction of innovative opaque polymer technologies that offer improved performance characteristics across diverse applications, including coatings, cosmetics, and construction materials.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of opaque polymers was exceeded USD 3.13 billion in 2023 and is estimated to reach USD 8.07 billion by 2032, driven by their ability to impart opacity and whiteness to various applications, including paints and coatings, personal care products, and construction materials.

The paints & coatings segment held around 49.4% share of the opaque polymers market in 2023 and is expected to grow at a lucrative pace by 2032, fuelled by the widespread adoption of opaque polymers to enhance the quality and performance of paints.

Europe opaque polymers industry was worth USD 0.87 billion in 2023 and is anticipated to expand at a significant pace from 2024 to 2032, driven by the demand in the region

Arkema, Ashland, Dow Chemical Company, Organik Kimya, Zschimmer & Schwarz are some of the major industry contenders.