Polymer Fillers Industry Huge Growth Opportunities and Trends to 2030
Polymer Fillers Industry The polymer fillers market is expected to register a CAGR of over 3.1% to reach around USD 61 billion by the end of 2030 The most identifiable market driving factor for the Polymer Fillers Industry is the widespread use of polymer fillers in the automotive and construction industries. The construction of many interiors and exterior automobile applications use polymer fillers due to flexural modulus and heat resistance. The demand for polymer filler is increasing due to plastic consumption in automobiles as plastic has lightweight properties. The increasing demand, as well as preference for organic fillers over inorganic filler, is also making the market shine. Organic fillers are being preferred due to easy availability, low cost, and no environmental constraints. Other factors supporting the market growth include innovations in polymer filler and surge in demand for low-cost and high-strength materials. Market Segmentation The global polymer fillers marke...