The global opaque polymers market is projected to grow at a significant CAGR during the forecast period, 2023-2027. The market growth can be attributed to the increasing use of opaque polymers for the development of decorative and architectural paints & coatings.
The Important Factors of the Global Opaque Polymers Market
Opaque polymers help formulations deliver opacity, gloss, brightness, and light scattering effects. These polymers have a lower carbon footprint compared to titanium oxide and emit fewer VOCs, which has led to their greater adoption for paints & coatings. Besides, the increasing adoption of paints in the construction sector, owing to rapid urbanization and infrastructural developments is expected to drive the growth of the global opaque polymers market.
Additionally, affordable costs, improvement in the performance efficiency of industrial paint formulations, and growing infrastructural development in developing economies are expected to fuel the demand for opaque polymers across the globe. Moreover, the increasing focus of companies on putting more effort into the development of greener chemical products is anticipated to fuel market growth in the coming five years.
The global opaque polymers market is segmented on the basis of type, application, and region. Based on type, the market is bifurcated into solid content 30% vs solid content 40%). The solid content 30% segment is expected to dominate the global opaque polymers market, owing to their high demand in the paints & coatings industry. Based on application, the market is divided into paints & coatings, personal care & detergents.
The paints & coatings segment is expected to register the highest growth during the forecast period, owing to the rising demand for decorative paints in the construction sector. In 2021, Asia-Pacific had the largest market share in the opaque polymers market due to increasing investments in the construction industry is expected to maintain its dominance over the next five years as well.
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Some of the major players operating in the global opaque polymers market
- The DOW Chemical Company
- Arkema
- Ashland Global Holdings Inc.
- Interpolymer Corporation
- Organik Kimya A.S.
- Croda International PLC
- En-Tech Polymer Co., Ltd
- Hankuck Latices Co., Ltd.
- Indulor Chemie GmbH & Junneng Chemical, etc.
| Attribute | Details |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | · By Type· By Application |
| Region scope | Asia Pacific; Europe; North America; South America; Middle East & Africa |
| Country scope | United Kingdom, Germany, France, Italy, Spain, the Rest of Europe, China, Japan, South Korea, Australia, India, the Rest of APAC, Brazil, Argentina, Colombia, the Rest of South America, Saudi Arabia, UAE, Israel, South, Africa, Rest of MEA |
| Key companies profiled | The DOW Chemical Company, Arkema, Ashland Global Holdings Inc., Interpolymer Corporation, Organik Kimya A.S., Croda International PLC, En-Tech Polymer Co., Ltd, Hankuck Latices Co., Ltd., Indulor Chemie GmbH & Junneng Chemical |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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Report Scope:
In this report, the global opaque polymers market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Opaque Polymers Market, by Type:
- Solid Content 30%
- Solid Content 40%
- Opaque Polymers Market, by Application:
- Paints & Coating
- Personal Care
- Detergents
- Opaque Polymers Market, By Region:
- North America
- United States
- Canada
- Mexico
- Rest of North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Australia
- India
- Rest of APAC
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- MEA
- Saudi Arabia
- UAE
- Iraq
- South Africa
- Rest of MEA
Competitive Landscape
Competition Benchmarking: Benchmarking of leading players
Company Profiles: Detailed analysis of the major companies present in the global opaque polymers market.
Table of content
Research Methodology
- Executive Summary
- Impact of COVID-19 on Global Opaque Polymers Market
- Voice of Customer
4.1. Factors Influencing Purchase Decision
4.2. Pricing Expectations
4.3. Challenges in Dealing with Existing Suppliers
- Global Opaque Polymers Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Solid Content 30% Vs Solid Content 40%)
5.2.2. By Application (Paints & Coating, Personal Care & Detergents)
5.2.3. By Company
5.2.4. By Region
5.3. Market Attractiveness Index (By Type, By Application & By Region)
- Asia-Pacific Opaque Polymers Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Solid Content 30% Vs Solid Content 40%)
6.2.2. By Application (Paints & Coating, Personal Care & Detergents)
6.2.3. By Country (China, Japan, India, South Korea, Australia & Rest of Asia Pacific)
6.2.3.1. China Opaque Polymers Market Outlook
6.2.3.1.1. Market Size & Forecast
6.2.3.1.1.1. By Value
6.2.3.1.2. Market Share & Forecast
6.2.3.1.2.1. By Type (Solid Content 30% Vs Solid Content 40%)
6.2.3.1.2.2. By Application (Paints & Coating, Personal Care & Detergents)
6.2.3.2. India Opaque Polymers Market Outlook
6.2.3.2.1. Market Size & Forecast
6.2.3.2.1.1. By Value
6.2.3.2.2. Market Share & Forecast
6.2.3.2.2.1. By Type (Solid Content 30% Vs Solid Content 40%)
6.2.3.2.2.2. By Application (Paints & Coating, Personal Care & Detergents)
6.2.3.3. Japan Opaque Polymers Market Outlook
6.2.3.3.1. Market Size & Forecast
6.2.3.3.1.1. By Value
6.2.3.3.2. Market Share & Forecast
6.2.3.3.2.1. By Type (Solid Content 30% Vs Solid Content 40%)
6.2.3.3.2.2. By Application (Paints & Coating, Personal Care & Detergents)
6.2.3.4. Australia Opaque Polymers Market Outlook
6.2.3.4.1. Market Size & Forecast
6.2.3.4.1.1. By Value
6.2.3.4.2. Market Share & Forecast
6.2.3.4.2.1. By Type (Solid Content 30% Vs Solid Content 40%)
6.2.3.4.2.2. By Application (Paints & Coating, Personal Care & Detergents)
6.2.3.5. South Korea Opaque Polymers Market Outlook
6.2.3.5.1. Market Size & Forecast
6.2.3.5.1.1. By Value
6.2.3.5.2. Market Share & Forecast
6.2.3.5.2.1. By Type (Solid Content 30% Vs Solid Content 40%)
6.2.3.5.2.2. By Application (Paints & Coating, Personal Care & Detergents)