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Recent research: Growth in cast polymers market as experts predict 11.97$ billion by 2022 due to increased demand

Recent research: Growth in cast polymers market as experts predict 11.97$ billion by 2022 due to increased demand

Cast Polymer is an umbrella term referring to the production of "synthetic" cast products generally either cultured marble, cultured onyx, cultured granite, but recently additional materials such as engineered stone and other polyester and acrylic resin-based materials. Cast Polymers Market growth factors are the increased demand for advanced and qualitative countertops as well other cast polymer products.

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Cast Polymers Market report is brief about the corporate opportunities present in the future for the Cast Polymers industry.

Complete report is now available on Cast Polymers Market by Type (Solid Surface, Engineered Stone, Cultured Marble), Material (Alumina Trihydrate, Calcium Carbonate, Resins, Natural Stone/Quartz), End User (Non-Residential, and Residential) and Region - Global Forecast to 2022 at www.rnrmarketresearch.com/cast-pol…rket-report.html

Among types, the engineered stone segment of the cast polymers market is projected to grow at the highest CAGR from 2017 to 2022, in terms of value. Based on type, the cast polymers market has been classified into solid surfaces, cultured marble and engineered stone.

The engineered stone type segment of the cast polymers market is estimated to grow at a significant pace during the forecast period.

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The growth of this segment of the market can be attributed to the increasing demand for engineered stones from shopping malls and departmental stores across the globe. It is commonly used in indoor flooring, walls, and kitchen countertops.

The cast polymers market is projected to grow from USD 9.08 billion in 2017 to USD 11.97 billion by 2022, at a CAGR of 5.7% between 2017 and 2022. A key driving factor for the growth of the cast polymers market across the globe is the increased demand for advanced and qualitative countertops as well other cast polymer products.

Moreover, increased demand forecast polymers from the construction sector for constructing new structures and remodeling existing housing and commercial units is also fueling the growth of the cast polymers market across the globe.

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The Asia Pacific cast polymers market is projected to grow at the highest CAGR between 2017 and 2022, in terms of value. The growth of the Asia Pacific cast polymers market can be attributed to the increased use of cast polymers in the construction of new housing units and non-residential buildings in the region.

Activities such as business re-structuring, innovations in building materials, and improvement in energy efficiency are indirectly driving the growth of the cast polymers market in the region.

In the process of determining and verifying the market size gathered through secondary research for different segments and sub segments of the cast polymers market, extensive primary interviews have been conducted with the key industry experts. The break-up of profiles of primary participants has been given below.

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Break of primary participants in Cast Polymers Market was as mentioned below:

By Company Type: Tier 1 - 35%, Tier 2 - 41%, and Tier 3 - 24%

By Designation: C Level - 56%, Director Level - 28%, and Others - 16%

By Region: Asia Pacific - 33%, North America - 27%, Europe - 20%, Middle East & Africa - 13%, and Latin America - 7%

Major players of Cast Polymers Market Report are:

The key players operational in the cast polymers market include Breton S.p.A. (Italy), Cosentino S.A. (Spain), Bradley Corporation (US), Caesarstone Ltd.

(Israel), Oppein Home Group Inc. (China), The R.J. Marshall Company (US), BLANCO (Germany), Huber Engineered Materials (US), AGCO, Inc.

(US), DuPont (US), Compac (Spain), and Kingkonree International Surface Industrial Co., Ltd. (China), among others.

Key Benefits of Cast Polymers Market Report

This report covers the following aspects that will benefit the client:

Market segmentation on the basis of type, application, and region

Market dynamics including drivers, restraints, and opportunities

Porter’s Five Forces analysis

Profile of key players in the global Cast Polymers market

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