Market Highlights: Synthetic polymers are human made polymers. Nylon, polyethylene, polyester, Teflon, and epoxy are examples of synthetic polymers. Synthetic polymers are showing various properties such as lightweight, not breakable, long lasting and easy to form into shape. Synthetic polymer are demanding due to low cost. Rising demand of synthetic polymer in packaging and food industry will help to boost global synthetic polymer market. Additionally, some polymers are used in everyday life such as Nylons used in fabrics and textiles, Teflon used in non-stick pans and polyvinyl chloride used in pipes. The market study is being classified by Type (Thermoplastics, Elastomers, Thermosets and Synthetic Fiber), by Application (Electronics, Food Industry, Petrochemicals, Healthcare, Building and Construction, Electronics and Communications and Transportation) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Synthetic Polymer are Arkema (France), BASF (Germany), Hexcel (United States), Cytec (United States), Mitsubishi Rayon (Japan), Solvay (Belgium), SGL (Germany), SABIC (Saudi Arabia) and E. I. du Pont (United States).
Major Market Development Highlights On 17th May 2018, Arkema S.A. has acquired industrial adhesives business of Nitta-Gelatin Inc. On 26th March 2018, Hexcel (an American public industrial materials company) and Arkema (a specialty chemicals and advanced materials company) has announced that they are together to develop thermoplastic composite solutions.
Key Questions Answered in the Report What will the Synthetic Polymer Market size and the growth rate be in Future? What are the key factors driving the Synthetic Polymer Market? What are the key market trends and macro-economic impacting the growth of the Synthetic Polymer Market? What are the challenges to market growth? Who are the key vendors in the Synthetic Polymer Market? What are the market opportunities and threats faced by the vendors in the Synthetic Polymer Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Synthetic Polymer Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Synthetic Polymer market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Synthetic Polymer market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Synthetic Polymer Manufacturers, Synthetic Polymer Suppliers/Distributors, Research Organizations and Consulting Companies, Organizations, Associations and Alliances Related To Synthetic Polymer, Government Bodies Such As Regulating Authorities, Government Research Organizations, Industry Associations and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.