Demand For Polymer Blends & Alloys Is Projected To Increase At A CAGR Of 6.4% By 2032

Chemical & Materials

According to Fact.MR, market research and competitive intelligence provider, worldwide consumption of polymer blends & alloys increased at a CAGR of 5.2% from 2017 to 2021.

The global polymer blends & alloys market was valued at around US$ 4.15 billion at the end of 2021, registering Y-o-Y growth of 3.5%. Demand for polymer blends & alloys is projected to increase at a CAGR of 6.4% to reach a market valuation of US$ 8 billion by 2032.

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Competitive Landscape

The polymer blends & alloys market is fragmented with several regional and global companies. Leading players place a high value on research & development as well as the introduction of new products.

To increase their market position, major players are focusing on acquisitions, mergers, expansions, alliances, and other strategies. Manufacturers of polymer blends and alloys are also expanding their supply and marketing networks.

For instance,

  • In 2019, a new engineering plastic alloy was introduced by Polyscope Polymers. XILOY SO2315, an injection moldable polymer that is tailored to meet the requirements of the microfluidic medical-test device industry.

Key Segments Covered in Polymer Blends & Alloys Industry Research

  • Polymer Blends & Alloys Market by Type :

    • PC-based Blends & Alloys
    • PPE/PPO-based Blends & Alloys
    • Other Types
  • Polymer Blends & Alloys Market by Application :

    • Automotive
    • Electrical & Electronics
    • Consumer Goods
    • Other Applications
  • Polymer Blends & Alloys Market by Region :

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa


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