Polymer Filler Market Size Analysis By Growth, Emerging Trends

The market for polymer filler is expected to grow at a CAGR of over 3% during the forecast period. Major factors driving the market studied are increasing demand for polymer filler in building & construction industry and rising demand from electrical & electronics industry. On the flipside, high cost involved in processing polymer fillers and unfavourable conditions arising due to COVID-19 outbreak are the major restraints, which are expected to hinder the growth of market.

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– Growing trend of electric vehicles in automotive industry is expected to offer various lucrative opportunities for the growth of market.
– By end-user industry, building & construction industry is expected to dominate the market owing to the ability of polymer fillers to replace expensive plastic resins.
– Asia-Pacific region dominated the polymer filler market across the globe with the largest consumption from countries such as China and India.

Key Market Trends

Increasing Demand from Building & Construction Industry

– Polymer filler is a material which is added to polymer in order to reduce the cost and improve the physical and chemical properties of the compound by replacing expensive resins.

– The growing demand for environment-friendly construction materials is increasing the demand of polymer fillers in building & construction industry and thus, propelling its market during the forecast period.
– Additionally, the popularity of calcium carbonate fillers is increasing in the construction applications owing to which polymer filler market is expected to grow at a brisk pace.
– Furthermore, the building & construction industry is growing at a rapid pace owing to increasing population and rapid industrialization and urbanization. This is likely to increase the demand of polymer fillers and thus, stimulate the polymer filler market.

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Christophe Rude
Christophe Rude
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