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Global Plastic Fillers Market Likely to Grow at a CAGR of 5% During 2022-2027, Aided by the Rising Application of Product in End-Use Sectors

According to a new report by EMR titled, ‘Global Plastic Fillers Market Report and Forecast 2022-2027’, the global plastic fillers industry is expected to grow at a CAGR of 5% in the forecast period of 2022-2027.

The global plastic fillers industry is driven by its rising application in the end-use sectors like building and construction, automotive, electrical and electronics, among others. The market growth is propelled by the rising investments towards various infrastructure projects, including residential houses, to meet the demands of the rising population. The market is likely to be aided by the rising awareness among consumers about the reduced cost of polymers, which can be made possible by adding plastic fillers. The market is further propelled by the technological advancements and the inclination of a significant part of the population towards innovations in the field of electronics and automobiles.

The Asia Pacific accounts for a significant share of the market, owing to the rising investment in the building and construction sector, along with the rising population in the region. The growth of the product can also be attributed to the technological advancements and innovation in electrical and electronics, especially in countries like Japan and South Korea. China is the largest market for plastic fillers owing to the flourishing packaging industry and growing population. China is followed by the United States of America, which also accounts for a significant share in the market.

Market Breakup by Type, Physical Form, Application, and Region:

  • The market is segmented on the basis of type into inorganics and organics.
  • The physical forms of the product include continuous, discontinuous, and nano filters.
  • The applications of the product include automotive, building and construction, electrical and electronics, and packaging, among others.
  • The regional markets for plastic fillers can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

Key Findings of the Report:

  • The global market for plastic fillers is driven by the rising population and increasing disposable incomes.
  • The rising application of the product in sectors such as building and construction, automotive, among others, is also propelling the market growth.
  • The market is likely to be propelled by technological advancements and growing awareness about the innovations in the industry.
  • The rising investments in the construction and building sector will further aid the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for plastic fillers for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the types, physical forms, applications, and major regions of plastic fillers.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global plastic fillers market are Imerys Group, Omya AG, and J.M. Huber Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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