Polymer Filler Market- Global Industry Analysis, Size, Opportunities, Share, Top Companies, Growth, Regional Trends

Posted by Jack Martin on May 20th, 2024

Polymer fillers are materials added to polymers (plastics) to enhance their properties or reduce manufacturing costs. These fillers are typically inorganic substances like minerals, fibers, or powders, which are incorporated into the polymer matrix during processing. Common polymer fillers include calcium carbonate, talc, glass fibers, and carbon black. They can improve mechanical strength, stiffness, thermal stability, and dimensional stability of the polymer, as well as modify its appearance and reduce shrinkage. Polymer fillers are widely used in various industries, including automotive, construction, packaging, and electronics, to optimize the performance and cost-effectiveness of polymer-based products.

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The report "Polymer Filler Market by Type (Organic: Natural Fibers, & Inorganic: Oxides, Hydroxides, Salts, Silicates, Metals, and Others), and by End User (Automotive, Building & Construction, Industrial, Packaging, and Others) - Global Forecast to 2020", The global polymer fillers market size is estimated to grow from USD 45.24 Billion in 2015 to USD 53.10 Billion by 2020, at a CAGR of 3.3%. The use of low-density fillers in the automotive industry acts as a driver for the polymer fillers market. High-quality optical properties as well as improved impact strength and ability to replace expensive plastic resins are likely to drive the global polymer fillers market.

Salts, silicates, and oxides, the largest types of polymer filler

The growing popularity of polymer fillers in various types play a significant role in driving the market. Salts, silicates, and oxides are its most important types. The rising demand for low-cost fillers in countries, such as the U.S., Germany, India, and Brazil is expected to increase their demand in the coming years. Stringent environmental regulations and government guidelines have increased the importance of polymer fillers globally in the recent years. The U.S. is focused on increasing investments in the chemical processing sector, which will boost the demand for polymer fillers in the packaging, industrial, and automotive segments.

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Rising demand in Asia-Pacific is the major driver for of the polymer filler market

Asia-Pacific was the largest and North America was the second-largest market for polymer fillers in 2014. The Asia-Pacific region also registered the highest growth rate between 2015 and 2020. The high demand in Asia-Pacific is due to growth in the building & construction and packaging industries in the last few years. The Chinese market for polymer fillers is growing at a fast pace, primarily due to the growing manufacturing sector driving the consumption of plastics-related products, domestically.

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The key companies profiled in the polymer fillers market research report are Imerys S.A. (France), LKAB Group (Sweden), Minerals Technologies Inc. (U.S.), Omya AG (Switzerland), 20Micron Limited (India), Hoffman Minerals (Germany), GCR Group (Spain), Unimin Corporation (U.S), Quarzwerke Group (Germany), Karntner Montanindustrie Gesellschaft M.B.H. (Austria) and others.