Asia-Pacific Opaque Polymer Market – Industry Trends and Forecast to 2030

Global Opaque polymer Market, By Type (30% Solid and 40% Solid), By Application (Personal Care, Paints and Coatings, Inks and Others) – Industry Trends and Forecast to 2030.

Opaque polymer Market Analysis and Size

Opaque polymers are used in paints, coatings, inks, personal care products and among several other places. The opaque polymers are growing adaption of polymer nanotechnology are gaining prevalence among the researchers due to which the demand for opaque polymers in the Asia-Pacific opaque polymers market is increasing at a higher rate.                              

Data Bridge Market Research analyses that the opaque polymer market which was USD 801.31 million in 2022, would rocket up to USD  1,407.98 million by 2030, and is expected to undergo a CAGR of 7.3% during the forecast period. This indicates that the market value. “30% solid” dominates the type segment of Opaque polymer market owing to growing demand in paint and coatings.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Opaque polymer Market Scope and Segmentation

Market Definition.

Opaque polymers refer to the emulsion polymer that is water-filled which forms the microscopic air voids that help in improving the hiding properties provides the whiteness to paints and coatings. The opaque polymers have a wide range of applications such as personal care, paints, coatings, inks, and others. Opaque polymers can be mainly used in paints and coatings due to the properties which provides to the surface. They are considered for maximum due to high availability and reliability.

Opaque polymer Market Dynamics

Drivers

• Increasing Prices Of Alternatives

The growing price of the titanium dioxide may increase the demand for the opaque polymers which are available at reasonable prices as compared to the alternatives. The increasing price of titanium dioxide leads to the adoption of opaque polymers  increases the consumption of the opaque polymers in the market. Therefore, the increasing price of the titanium dioxide may act as a driver for the Asia-Pacific opaque polymers market.

• Growing Demand Of Paints & Coatings Industry

The growing demand for paints and coatings may drive the Asia-Pacific opaque polymers market in the global market. Thus, the growing demand for paints and coatings leads to maximize the usage of the opaque polymers in the developing countries which drives the Asia-Pacific opaque polymers market.

• Increased Investments Made By Government And Private Sectors In The Construction Industry

The growing investments made by the government and private sectors in the construction industry will drive the opaque polymers market globally. Thus, the growing investments made by the government and private sectors in the construction industry leads to maximize the usage of the opaque polymers in the developing countries which drives the Asia-Pacific opaque polymers market.

Opportunities

The polymer nanotechnology helps in providing synergistic advantage of various types of nanoscale dimensions as well as helps in improving the level of the flexibility in the polymer which has maximized the usage in the electrostatic dispersion, conductive coatings and in various other sectors.

The technique presents a very big opportunity for the players present in the market. The improvement in the opaque polymers properties by the usage of polymer nanotechnology, most of the demand for opaque polymers will be provided domestically and will enhance the level of production in the economy. So, the growing adoption of polymer nanotechnology may act as an opportunity for the Asia-Pacific opaque polymers market.

Restraints/Challenges

The less performance of the opaque polymers in comparison to TiO2 leads to the decrease in the usage of opaque polymers among various manufacturers as the users has to face various problems due to the lack of performance in paints and coatings. The less performance of the opaque polymers in comparison to TiO2 can decrease the demand of the opaque polymers in the market which may act as a  restraint in the growth of the Asia-Pacific opaque polymers market in the forecast period of 2023-2030.

This opaque polymer market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the opaque polymer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

• In March 2022, Arkema introduced an set of sustainability solution which includes Reducing dependence on TiO2 in decorative paints with ENCOR® 317 vinyl acrylic resin and CELOCOR AF opaque polymers
• In July 2021, DOW launched ROPAQU ULTRA-E Opaque Polymer is an advanced polymeric opacifier engineered to improve the efficiency of TiO2

Global Opaque polymer Market Scope

The opaque polymer market is segmented on the basis of type, price range, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

BY TYPE

1. 30% SOLID
2. 40% SOLID

BY APPLICATION

•  PERSONAL CARE
• PERSONAL CARE, BY TYPE
• 30% SOLID
• 40% SOLID

PAINTS

• PAINTS, BY APPLICATION
• LOW PVC PAINTS
• MEDIUM PVC AND HIGH PVC PAINTS

PAINTS, BY TYPE

• 30% SOLID
• 40% SOLID

COATINGS

• COATINGS, BY APPLICATION
• SOLVENTBORNE
•  WATER-BASED

PAINTS, BY TYPE

• 30% SOLID
• 40% SOLID

INKS

• INKS, BY TYPE
• 30% SOLID
• 40% SOLID

1. OTHERS

• OTHERS, BY TYPE
• 30% SOLID
• 40% SOLID

Opaque polymer Market Regional Analysis/Insights

The opaque polymer market is analysed and market size insights and trends are provided by country, type, and application and as referenced above.

The countries covered in the opaque polymer market report Japan, China, Taiwan, Nepal, Bangladesh, Sri Lanka, Vietnam, Malaysia, Indonesia, Philippines, South Korea, India, Thailand, Myanmar, Cambodia and Rest of Asia-Pacific.

China dominates the opaque polymer market because of the increased usage of opaque polymers in paint and coatings, growing usage in construction sector rising number of research activities in this region.   

Japan is expected to witness significant growth during the forecast period of 2023 to 2030 due to growing research activities in the region, availability of massive untapped markets, large population pool, and the growing demand for paints and coatings in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Increased Investments Made By Government And  Private Sectors In The Construction Industry

The opaque polymer market also provides you with detailed market analysis for every country growth in expenditure for capital equipment, installed base of different kind of products for opaque polymer market, impact of technology using life line curves and changes in regulatory scenarios and their impact on the opaque polymer market. The data is available for historic period 2010-2020.

Competitive Landscape and Opaque polymer Market Share Analysis

The opaque polymer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to opaque polymer market.

Some of the major players operating in the opaque polymer market are:

• Dow
• Imerys
• Ashland
• Arkema
•  Organik Kimya
• Junneng Chemical
• INDULOR Chemie GmbH
• En-Tech Polymer Co., Ltd
• Hankuck Latices Co., Ltd
• ZSCHIMMER & SCHWARZ CHEMIE GMBH
• Visen Industries Limited
• Paras Enterprises