Top 5 Vendors in the Global Plastic Fillers Market from 2017 to 2021: Technavio
LONDON–(BUSINESS WIRE)–#ChemicalsandMaterials—Technavio
has announced the top five leading vendors in their recent global
plastic fillers market 2017-2021 report. This market
research report also lists six other prominent vendors that are expected
to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global
plastic fillers market consists of key players that operate in a
highly competitive environment. LKAB, Imerys, Minerals Technologies,
Omya, and Huber Engineered Materials are the major vendors in the
market. These players have a vast geographic presence with large
production facilities located globally. However, there are a sizeable
number of small regional vendors that hold significant shares in the
market.
Technavio estimates that the global plastics market will grow
significantly to exceed USD 650 billion in terms of revenue and 340
million metric tons in terms of volume by 2021. APAC accounted for the
largest market share of approximately 45% in the global plastics market
in 2016. The market growth in this region is driven by the demand from
the construction and automotive industries. The plastics market in North
America and Europe is mainly driven by innovations in the field of
bio-based alternatives to plastics. The growing disposable income of
individuals in Brazil and Argentina is expected to drive the market in
Central and South America.
Plastics are widely used in packaging, construction, electrical and
electronics, automotive, and many other industries. Advances in
technology in developed and developing regions will also provide
prospects for the growth of different types of plastic fillers during
the forecast period,” says Hitesh Bhatia, a lead plastics,
polymers, and elastomers research analyst from
Technavio.
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Technavio market research analysts identify the following key
vendors:
Huber Engineered Materials (J.M. Huber Corporation)
Huber Engineered Materials (HEM) is a leading chemical manufacturer. It
manufactures inorganic materials that are designed to enhance the
appeal, performance, and processing of a wide range of products. It
offers calcium carbonate for the polymer filler manufacturing companies.
It offers this product under Hubercarb W series.
Imerys
Imerys operates under four operational business groups, including energy
solutions and specialties, filtration and performance additives, ceramic
materials, and high resistance minerals. These groups are customer
focused and operate in different markets globally. Imerys in the plastic
fillers market offers calcium carbonate that provides high mechanical
strength, high gloss, smooth finish, increased stiffness, controlled
shrinkage, and improved heat dissipation.
LKAB
The LKAB Minerals Group is active in the industrial minerals market with
a leading position in many product applications. The company is one of
the world’s leading producers of highly upgraded iron ore products. LKAB
offers UltraCarb and MicaFort polymer fillers. UltraCarb is a
halogen-free fire retardant for plastics. It is used in a wide range of
polymers such as polyethylene (PE), PP, and PVC.
Minerals Technologies
Minerals Technologies is a technology and resource-based company that
offers a broad range of mineral-based, specialty mineral, and synthetic
mineral products and related systems and services. The company offers
both ground calcium carbonate (GCC) and precipitated calcium carbonate
(PCC) for enhanced performance in piping applications. These products
help to enhance the base property of PVC.
Omya
Omya is a leading global manufacturer of industrial minerals. Omya in
the plastic fillers market offers fillers and pigments derived from
calcium carbonate and dolomite. The company offers solutions for various
applications such as printing and writing, construction, technical
polymers, packaging etc.
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About Technavio
Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.
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