Specialty Polymers Market

Global Specialty Polymers Market by Types (Thermoplastic Polymers [Polytetrafluoroethylene, Polycarbonate, and Others], Conducting Polymers [Intrinsically Conducting Polymers, Extrinsically Conducting Polymers, and Doped Conducting Polymers], Liquid Crystal Polymers, Biodegradable Polymers [Polyhydroxybutarate, Polyhydroxyvalarate, and Others]), End-users (Automotive & Transportation, Medical, Electronics, Aerospace, Marine, Building & Construction, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts,2021-2028

  • Report ID: MC-3940
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 176
  • Format:
  • Pub. Date: Upcoming
  • Share:

Global specialty polymers market was valued at USD 588.2 Billion in 2020 and is anticipated to reach USD 894.14 Billion by 2028, at a CAGR of 6.17% during the forecast period, between 2021 and 2028.


Specialty Polymers Market key takeaways

Specialty polymers are utilised to improve a polymer's desirable qualities. They have unique features that set them apart from traditional polymers. Speciality polymers fall under the category of specialty chemicals and can be used in a variety of ways. Specialty polymers are bifurcate under specialty chemicals that are adoptable for good range of its applications. Specialty polymers has various properties that includes the simple processing and designing, remarkable thermal resistance, fatigue endurance and wear resistance. Conducting polymers, liquid crystal polymers, thermoplastic polymers, biodegradable polymers and electroluminescent polymers are some of the types of polymers that are used in industries such as agriculture, automotive, marine, cosmetic, construction, and Aerospace.
 

Market Trends, Drivers, Restraints, and Opportunities:

  • The trend of specialty polymers is they are extensively in demand for manufacturing of aerospace parts, aircrafts equipment, bio-medical products, and window glass.
  • Industries such as building & construction and infrastructural development are adopting the specialty polymers to increase the strength and quality of the construction and to avoid early maintenance repair works.
  • Specialty polymers are high in properties which helps construction material to survive even in harsh and other environmental conditions. This drives the market during the forecast period.
  • Continuous changes in technologies and Lack in stability of raw material prices hinder the market growth.
  • Lightweight vehicles manufacturing is increasing as these vehicles has demand in market and not been yet used by the consumers this is projected to create lucrative opportunities for the market players.
  • Increasing specialty polymer technologies in a specialty film product of industrial applications create opportunities for the market.

Scope of the report:

The report on the global specialty polymers market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
 

Attributes

Details

Report Title

Speciality Polymers Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Thermoplastic Polymers (Polytetrafluoroethylene, Polycarbonate, Others), Conducting Polymers (Intrinsically Conducting Polymers, Extrinsically Conducting Polymers, Doped Conducting Polymers), Liquid Crystal Polymers, Biodegradable Polymers (Polyhydroxybutarate, Polyhydroxyvalarate, and Others)), End-user (Automotive & Transportation, Medical, Electronics, Aerospace, Marine, Building & Construction, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

BASF SE, 3M, Arkema Group, Clariant, Solvay Group, Specialty Polymers, Inc., lyondellbasell, AmeriLux International, LLC, and The Dow Chemical Company

 

Global Specialty Polymers Market Segment Insights:

The thermoplastic polymers segment to grow during the anticipated period

In terms of types, the global specialty polymers market is segmented into thermoplastic polymers, biodegradable polymers, conducting polymers, liquid crystal polymers, and electroluminescent polymers.  The thermoplastic polymers segment is further segregated into polytetrafluoroethylene, polycarbonate, and others. The conducting polymers segment is sub-segregated into intrinsically conducting polymers, extrinsically conducting polymers, doped conducting polymers. The liquid crystal polymers segment is sub-divided into polyhydroxybutarate, polyhydroxyvalarate, and others. The tthermoplastics polymer’s segment constituted a significant market share in 2020 and is projected to expand in the near future. Thermoplastics polymers are high heat resistance and flame resistance in nature. Thermoplastics polymers are used in production of various manufacturing products such as switches, sockets, as this material does not easily melt or burn. Thus, thermoplastics polymers are high in demand.


Specialty Polymers Market by taxonomy

The building & construction segment held substantial market share in 2020

Based on end-users, the global specialty polymers market is categorized as automotive & transportation, medical, electronics, aerospace, marine, building & construction, and others. The building & construction segment is expected to hold a significant share of the market, during the forecast period. Specialty polymers is combined with polymer to enhance its properties, this is directly proportional to the increase in strength and durability of the polymer. Rising trend in building and construction and infrastructural development leads to increase the adoption of sspecialty polymers so as to increase the durability and strength of construction.

Asia Pacific dominates the global market

In terms of regions, the global specialty polymers market is split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific constituted a significant share of the market in 2020, due to increasing industrialization activities and increasing government spending on infrastructure. The expanding electrical and automotive industries in India and China, combined with infrastructural development, is anticipated to drive the market in the region. Additionally, economic growth as well as increasing per capita income are driving the growth of the specialty polymers market in the region. Growing economic growth experienced by Asia Pacific countries, has urge the manufacturing units of key players such as The Dow Chemical Company and BASF to expand to the region, intended for capitalize lucrative growth opportunities. The market in India is expected expand at a high CAGR, due to the “Make in India” campaign which encourages the foreign manufacturers to set up manufacturing facilities in India.


Specialty Polymers Market by regions

Segments

Segments Covered in the Report

By Types
 

  • Thermoplastic Polymers
    • Polycarbonate
    • Polytetrafluoroethylene
    • Others
  • Biodegradable Polymers
    • Polyhydroxybutarate
    • Polyhydroxyvalarate
  • Conducting Polymers
    • Intrinsically Conducting Polymers
    • Extrinsically Conducting Polymers
    • Doped Conducting Polymers
  • Liquid Crystal Polymers
  • Electroluminescent Polymers

By End-users
  • Automotive & Transportation
  • Medical
  • Electronics
  • Aerospace
  • Marine
  • Building & construction
  • Others
By Regions
  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa
By Key Players
  • BASF SE
  • 3M
  • Arkema Group
  • Clariant
  • Solvay Group
  • Specialty Polymers, Inc.
  • lyondellbasell
  • AmeriLux International, LLC
  • The Dow Chemical Company

Competitive Landscape

Key players in the specialty polymers market includes BASF SE, 3M, Arkema Group, Clariant, Solvay Group, Specialty Polymers, Inc., lyondellbasell, AmeriLux International, LLC, and The Dow Chemical Company. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Specialty Polymers Market by key players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Specialty Polymers Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Specialty Polymers Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Specialty Polymers Market - Supply Chain
  4.5. Global Specialty Polymers Market Forecast
     4.5.1. Specialty Polymers Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Specialty Polymers Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Specialty Polymers Market Absolute $ Opportunity
5. Global Specialty Polymers Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Specialty Polymers Market Size and Volume Forecast by End Users
     5.3.1. Automotive & Transportation
     5.3.2. Medical
     5.3.3. Electronics
     5.3.4. Aerospace
     5.3.5. Marine
     5.3.6. Building & construction
     5.3.7. Others
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Specialty Polymers Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Specialty Polymers Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Specialty Polymers Demand Share Forecast, 2019-2026
7. North America Specialty Polymers Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Specialty Polymers Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Specialty Polymers Market Size and Volume Forecast by End Users
     7.4.1. Automotive & Transportation
     7.4.2. Medical
     7.4.3. Electronics
     7.4.4. Aerospace
     7.4.5. Marine
     7.4.6. Building & construction
     7.4.7. Others
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Specialty Polymers Demand Share Forecast, 2019-2026
8. Latin America Specialty Polymers Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Specialty Polymers Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Specialty Polymers Market Size and Volume Forecast by End Users
     8.4.1. Automotive & Transportation
     8.4.2. Medical
     8.4.3. Electronics
     8.4.4. Aerospace
     8.4.5. Marine
     8.4.6. Building & construction
     8.4.7. Others
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Specialty Polymers Demand Share Forecast, 2019-2026
9. Europe Specialty Polymers Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Specialty Polymers Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Specialty Polymers Market Size and Volume Forecast by End Users
     9.4.1. Automotive & Transportation
     9.4.2. Medical
     9.4.3. Electronics
     9.4.4. Aerospace
     9.4.5. Marine
     9.4.6. Building & construction
     9.4.7. Others
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Specialty Polymers Demand Share Forecast, 2019-2026
10. Asia Pacific Specialty Polymers Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Specialty Polymers Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Specialty Polymers Market Size and Volume Forecast by End Users
     10.4.1. Automotive & Transportation
     10.4.2. Medical
     10.4.3. Electronics
     10.4.4. Aerospace
     10.4.5. Marine
     10.4.6. Building & construction
     10.4.7. Others
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Specialty Polymers Demand Share Forecast, 2019-2026
11. Middle East & Africa Specialty Polymers Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Specialty Polymers Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Specialty Polymers Market Size and Volume Forecast by End Users
     11.4.1. Automotive & Transportation
     11.4.2. Medical
     11.4.3. Electronics
     11.4.4. Aerospace
     11.4.5. Marine
     11.4.6. Building & construction
     11.4.7. Others
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Specialty Polymers Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Specialty Polymers Market: Market Share Analysis
  12.2. Specialty Polymers Distributors and Customers
  12.3. Specialty Polymers Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. BASF SE
     12.4.2. 3M
     12.4.3. Arkema Group
     12.4.4. Clariant
     12.4.5. Solvay Group
     12.4.6. Specialty Polymers, Inc.
     12.4.7. lyondellbasell
     12.4.8. AmeriLux International, LLC

Segments Covered in the Report

By Types
 

  • Thermoplastic Polymers
    • Polycarbonate
    • Polytetrafluoroethylene
    • Others
  • Biodegradable Polymers
    • Polyhydroxybutarate
    • Polyhydroxyvalarate
  • Conducting Polymers
    • Intrinsically Conducting Polymers
    • Extrinsically Conducting Polymers
    • Doped Conducting Polymers
  • Liquid Crystal Polymers
  • Electroluminescent Polymers

By End-users
  • Automotive & Transportation
  • Medical
  • Electronics
  • Aerospace
  • Marine
  • Building & construction
  • Others
By Regions
  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa
By Key Players
  • BASF SE
  • 3M
  • Arkema Group
  • Clariant
  • Solvay Group
  • Specialty Polymers, Inc.
  • lyondellbasell
  • AmeriLux International, LLC
  • The Dow Chemical Company

Key players in the specialty polymers market includes BASF SE, 3M, Arkema Group, Clariant, Solvay Group, Specialty Polymers, Inc., lyondellbasell, AmeriLux International, LLC, and The Dow Chemical Company. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Specialty Polymers Market by key players

Buy Report