[148 Pages Report] The Cast Polymers Market size was valued at USD 9.08 Billion in 2017 and is projected to reach USD 11.97 Billion by 2022, at a CAGR of 5.7% from 2017 to 2022. Among end users, the non-residential segment is projected to lead the cast polymers market during the forecast period, in terms of value. Based on type, the solid surface segment is projected to lead the cast polymers market between 2017 and 2022, in terms of value. Among materials, the alumina trihydrate segment is leading the cast polymers market while the Asia Pacific cast polymers market is projected to grow the highest CAGR during the forecast period, in terms of value. Rapid industrialization in the Asia Pacific region is driving the overall demand for cast polymers in the region.

The objectives of this study are:

To define, describe, and forecast the cast polymers market based on type, end user, material, and region

To strategically analyze micromarkets (further segments and subsegments of the cast polymers market included in the report) with respect to individual growth trends, future prospects, and contribution to the total market

To analyze the opportunities in the cast polymers market for the stakeholders and draw a competitive landscape for market leaders

To forecast size of the cast polymers market, in terms of value and volume with respect to five main regions, namely, Asia Pacific, North America, Europe, Middle East & Africa, and Latin America, along with their key countries

To strategically profile the key players operating in the cast polymers market and comprehensively analyze their core competencies

To analyze competitive developments such as expansions, mergers & acquisitions, new product launches, and research & development (R&D) activities in the cast polymers market

Years considered for the study are:

Base Year � 2016

Estimated Year � 2017

Projected Year � 2022

Forecast Period � 2017 to 2022

For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered.

Research Methodology

This study aims to estimate the size of the cast polymers market for 2017 and projects the demand for cast polymers till 2022. It also provides a detailed qualitative and quantitative analysis of the cast polymers market. Various secondary sources that include directories, industry journals, and various associations have been used to identify and collect information useful for this extensive commercial study of the cast polymers market. Primary sources such as experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess future prospects of the cast polymers market. The breakdown of profiles of primaries has been shown in the figure below:

To know about the assumptions considered for the study, download the pdf brochure

The value chain of the cast polymers market includes raw material suppliers and service providers. The leading players operating in the cast polymers market include Breton S.p.A. (Italy), Cosentino S.A. (Spain), Bradley Corporation (US), Caesarstone Ltd. (Israel), Oppein Home Group Inc. (China), The R.J. Marshall Company (US), BLANCO (Germany), Huber Engineered Materials (US), AGCO, Inc. (US), DuPont (US), Compac (Spain), and Kingkonree International Surface Industrial Co., Ltd. (China), among others.

Key Target Audience

Manufacturers, Dealers, and Suppliers of Cast Polymers

Government Bodies

End Users

Suppliers of Natural Stones

Companies Engaged in R&D Activities Related to Materials

Defense and Military Organizations

Feedstock Suppliers

Industrial Associations

Large Infrastructure Companies

Investment Banks

Consulting Companies/Consultants in the Chemicals & Materials Sector

Scope of the Report: This research report categorizes the cast polymers market based on type, material, end user, and region. The report forecasts revenue and analyzes trends in each of these submarkets.

Cast Polymers Market, by End User:

Non-residential

Residential

Cast Polymers Market, by Type:

Solid Surface

Engineered Stone

Cultured Marble

Cast Polymers Market, by Material:

Alumina Trihydrate

Calcium Carbonate

Resins

Natural Stone/Quartz

Others

Cast Polymers Market, by Region:

Asia Pacific

Europe

North America

Middle East & Africa

Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the specific needs of companies. The following customization options are available for the report:

Application Analysis Further breakdown of the type and end user segments into various subsegments



The cast polymers market is projected to grow from USD 9.08 Billion in 2017 to USD 11.97 Billion by 2022, at a CAGR of 5.7% from 2017 to 2022. The growth of the construction & remodeling industry across the globe, along with increased demand for high-quality cast polymers products is expected to fuel the growth of the cast polymers market during the forecast period.

Based on type, the cast polymers market has been segmented into solid surface, engineered stone, and cultured marble. Solid surface is a man-made product, which is usually composed of marble dust, acrylic, or polyester resins and pigments. It is primarily used for seamless countertop installations. In terms of value, the solid surface segment is projected to lead the cast polymers market during the forecast period, owing to the wide use of solid surface products in kitchen and bathroom applications. The engineered stone segment of the market is projected to grow at the highest CAGR between 2017 and 2022, in terms of value due to increased demand for engineered stones from the residential and non-residential sectors. The increased demand for these stones from the residential and non-residential sectors can be attributed to the high performance offered by engineered stones in comparison to other materials.

Based on end user, the cast polymers market has been classified into non-residential and residential segments. The non-residential segment of the market is projected to grow at a higher CAGR than the residential segment during the forecast period, in terms of value. The growth of the non-residential segment of the cast polymers market can be attributed to the increased demand for these materials from non-residential constructions such as hospitals, and schools, among others.

Based on material, the cast polymers market has been classified into alumina trihydrate, calcium carbonate, resins, natural stone/quartz, and others. Alumina trihydrate, calcium carbonate, and resins are the major raw materials used for manufacturing cast polymers. The alumina trihydrate segment is estimated to lead the cast polymers market in 2017, in terms of value. The growth of this segment of the market can be attributed to the versatile properties such as high durability and scratch resistance offered by alumina trihydrate. Moreover, it is cost-effective. In terms of value, the natural stone/quart segment of the cast polymers market is projected to grow at the highest CAGR during the forecast period.

The Asia Pacific cast polymers market is projected to grow at the highest CAGR during the forecast period, in terms of value. Rapid industrialization in the Asia Pacific region and increased demand for cast polymers from non-residential units such as corporate offices, public toilets, malls and shopping complexes, hospitals, and schools, among others, are driving the growth of the Asia Pacific cast polymers market.

The key factors contributing to the increased demand for cast polymers across the globe include rise in the construction activities in emerging economies, worldwide and increase in disposable income of consumers that have resulted in the procurement of high-quality and advanced construction materials.

In the past few years, the construction industry has grown by a considerable margin, especially in the emerging economies such as India, China, UAE, and Indonesia. Moreover, the remodeling industry is also witnessing significant growth in the US, Germany, and Japan. High prices and limited availability of raw materials used for manufacturing cast polymers are expected to restrict the growth of the cast polymers market during the forecast period. The high costs of cast polymers can be attributed to technical complexities involved in the manufacturing of these products in comparison to the naturally available products and substitutes such as ceramics and concrete. Moreover, the cast polymers market is dominated by a few players, which leads to the limited availability of products made from cast polymers.

Breton S.p.A. (Italy), Cosentino S.A. (Spain), Bradley Corporation (US), Caesarstone Ltd. (Israel), Oppein Home Group Inc. (China), The R.J. Marshall Company (US), BLANCO (Germany), Huber Engineered Materials (US), AGCO, Inc. (US), DuPont (US), Compac (Spain), and Kingkonree International Surface Industrial Co., Ltd. (China), among others are the key players operating in the cast polymers market.

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