According to a new report published by Allied Market Research, the silicones market is expected to reach $20.784 billion by 2022, growing at a CAGR of 4.9% from 2016 to 2022.
World demand for emulsion polymers in paint and coatings (excluding paper coatings) is forecast to expand a healthy 5.4% per year to 5.0 million metric tons in 2020, the fastest growth of any major emulsion market.
A new study by Global Market Insights estimates that biopolymer market size was valued at more than $2.2 billion in 2015 and is expected to be worth over $6.5 billion by 2023, growing at a CAGR of more than 14%.
Accounting for almost 25% of the global market share, China is the second-largest consumer of synthetic latex polymers after North America, according to the China chapter report from Kline’s continuous program, Synthetic Latex Polymers: Global Business Analysis and Opportunities.
The coatings market remains healthy, and growth appears sustainable over the long term. BCC Research reveals in its new report that legislation is forcing the market to evolve technologically, and products and formulations could change dramatically during the forecast period.
According to a report released by Global Market Insights, the market for anti-reflective coatings was over 320 kilo tons in 2013 and is likely to reach above 500 kilo tons by 2023.