Market Value & Growth Projections
Market Insights:
Global market valued at US$ 499 million in 2022
Expected to reach US$ 963.7 million by 2029
Compound Annual Growth Rate (CAGR) of 9.9%
Key Market Drivers:
Rising demand in packaging applications
Growth in automotive and construction sectors
Advancements in polymer technology
Environmental sustainability concerns
Regional Market Analysis
North America:
Key Countries- USA, Canada, Mexico
Europe:
Key Countries- Germany, UK, France, Russia, Italy, Rest of Europe
Asia-Pacific:
Key Countries- China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific
South America:
Key Countries- Brazil, Argentina, Columbia, Rest of South America
Middle East and Africa:
Key Countries- Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA
