Advanced Materials

• Yetra Pak uses around 750,000 tons of polymer each year and in 2020 forecasts that around 37,000 tons will be plant-based polymer.
• Growth in the global market for the bio-polymer obtained from the shells of crustaceans, chitosan, is expected to reach a value of nearly $1.5 bn by 2022.
• The global acrylic acid market is expected to reach USD $22.6 billion by 2022, with demand in superabsorbent polymer production as a key driving factor for market growth.
• While China is Forecast to Grow at 9% CAGR The Styrenic Polymers market in the U.S. is estimated at US$ 882.3 Million in the year 2020.
• The Asia Pacific region is expected to have the fastest growth rate during the forecasted period of 2020-2067 across the globe owing to the rising government initiatives in research and development activities in the Super Absorbent Polymers market.
• The market of high performance polyamides was valued at USD $2642.1 million in 2018, 10 whereas the market for commodity plastics (the most commonly used polymers in industry for general applications) is expected to reach USD $493 billion by 2022.
• Based on the historical trends and market scenario, Botulinum Toxin is expected to be the fastest growing segment of this market during the forecasted period 2016-2022.
• The global Conductive Polymers market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.7% in the forecast period of 2020 to 2025 and will expected to reach USD 5029.5 million by 2025, from USD 4343.8 million in 2019.
• The worldwide market for Meltblown Nonwoven Fabrics is expected to grow at a CAGR of roughly 3.5% over the next five years, will reach USD 2500 million in 2023, from USD 2030 million in 2017.
• The global composite film market is projected to grow from USD 245 million in 2020 to USD 328 million by 2025, at a Compound Annual Growth Rate of 6% between 2020 and 2025.
• The global biomarkers market is expected to reach US $ 45.55 Billion by 2020 from $24.10 Billion in 2015, at a CAGR of 13.58% through 2015 and 2020.
• The total production volume of biobased building blocks and polymers (worldwide) was 7.5 million tons in 2018, or about 2% of the production volume of petrochemical polymers, with a growth rate of 4% expected through 2023.
• The global construction composite market is expected to register a moderate growth during the forecast period, 2018 to 2023.
• With the consistent growth in China and Japan, the demand for Super Absorbent Polymers (SAP) is expected to increase at a faster pace in the overall region, in the coming years.
• Super Absorbent Polymer Market is expected to reach a top level in 2025.
• In 2018, polymerase chain reaction segment is valued to rule with 38.4% shares and will cross USD 4,000.07 million by 2025, rising at the highest CAGR of 8.7%.
• The Global polymer modified bitumen market size was estimated at USD7.67 billion in 2014 and is expected to witness significant growth over the next seven years.
• In Japan, the Polymer Sulfur Coated Urea/Sulfur Coated Urea segment will reach a market size of US$ 64.5 Million by the close of the analysis period.
• The super absorbent polymers market is projected to grow from USD 9.0 billion in 2019 to USD 12.9 billion by 2024 at a CAGR of 7.4% during the forecast period.
• The super absorbent polymers market is projected to grow from USD 9.0 billion in 2019 to USD 12.9 billion by 2024.
• The global Super Absorbent Polymer (SAP) market is valued at 5930 million US$ in 2017 and will reach 11000 million US$ by the end of 2025.
• The global composites market is expected to reach US$101.88 bn by the end of 2025 with a CAGR of 8.9% between 2017 and 2025.
• In Japan, Polymerase Chain Reaction will reach a market size of US$ 1.2 Billion by the close of the analysis period.

Last updated: 10 January 2021