Selbyville, Delaware, Nov. 29, 2019 (GLOBE NEWSWIRE) —
According to a report by Global Market Insights Inc., Asia Pacific Construction extruded MS polymer market is expected to reach USD 56 million by 2025. MS Polymers are gaining popularity owing to key factors such as low cost, excellent clarity, rigidity, and weatherability for signage and interior partition application. Extruded grade of the polymer is being extensively used by extruders involved in producing transparent partition sheets for interior partition due to good surface hardness and outstanding optical clarity exhibited by the polymer.
The market for extruded polymer for signage and interior partition application in Asia Pacific is dominated by PMMA resin. However, ongoing refinement of formulations by key players along with cost benefits and superior mechanical, thermal, and chemical properties exhibited by the product will enhance its application scope for construction sector. Also, expanding distribution network coupled with improved product availability across the region will further fuel Asia Pacific extruded MS polymer market.
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Some major findings of the Asia Pacific extruded market MS polymer market for construction applications report include:
- Functional and technological advantages of MS polymer over its substitutes will support market advancement.
- Availability of MS polymer in different grades will support its applicability across varying segments.
- Key regional players are investing in new formulation processes to enhance the product application scope across the construction sector.
- Enhancement of entire value chain from raw material to end users will proliferate entire industry landscape.
- Increasing construction activities in China, India, Japan, Malaysia and Singapore will fuel market growth.
- Advent of new technologies in digital signage segment coupled with rising advertising spending across the region will promulgate growth prospects.
- China to remain most attractive demand hub for extruded MS polymer due to growing number of extruding facilities in the country.
Interior partition application acquired significant share in overall Asia Pacific extruded MS polymer market. Home décor trends has facilitated room dividers sales as it enhances visual appeal of living rooms or dining areas. The availability of extruded sheets of MS polymer in wide variety of textures and colors meets the aesthetic requirements of interior designers and decorators.
Browse key industry insights spread across 140 pages with 96 market data tables and 14 figures & charts from the report, “Asia Pacific Extruded MS Polymer Market Size For Construction Applications By End-Use (Signage, Interior Partition), Country Trends (China, India, Japan, South Korea, Taiwan, Indonesia, Thailand, Singapore, Malaysia, Vietnam) Industry Analysis Report, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
Booming construction sector across China, Malaysia, Indonesia, Japan, and India, coupled with the incorporation of new building techniques will be pivotal factors for business expansion across the region. Increased foreign investment in domestic construction market owing to rising government initiatives towards better infrastructure development is expected to play a key role in the product demand.
Japan is anticipated to gain traction in Asia Pacific extruded MS polymer market due to significant growth of automotive, electronics & construction sector. Production of plastic products in Japan until July 2019 for deformed extruded products amounted to 16,939 tons while production of plastic material for buildings until July 2019 valued about 158,015 tons. Growing research & development activities to enhance polymer properties and make it suitable for industrial & commercial purpose is likely to have a positive impact on the product demand.
Asia Pacific extruded MS polymer market participants compete on the basis of price, quality, and distribution. The increasing use of biodegradable polymers to reduce the impact of carbon footprint will influence the market trends. Major industry players are seeking out ecological and economic alternatives to their existing solutions, which will facilitate growth prospects in the coming years. Also, incorporation of novel techniques such as systematic innovation management to manage the efficiency of the existing resources and integrated innovation processes to develop new products & processes will further support the market growth over the forecast period.
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Partial chapters from report table of contents (TOC):
Chapter 3 Asia Pacific Extruded MS Polymer For Construction Application Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014- 2025
3.3 Industry ecosystem analysis
3.3.1 Raw material suppliers
3.3.3 Distribution channel analysis
3.3.4 Profit margin trends
3.3.5 Vendor matrix
3.4 Technology landscape
3.4.1 Curing Mechanism
3.4.2 Injection Molded Process
3.4.3 Polymer Extrusion Process
3.5 Raw material trends
3.5.1 Methyl Methacrylate (MMA)
3.5.2 Styrene Monomer (SM)
3.6 Asia Pacific Construction Industry Outlook
3.7 Regulatory landscape
188.8.131.52 Measures on Environmental Administration of New Chemical Substances (REACH)
3.8 Industry best practices & key buying criteria
3.9 Consumer buying behavior
3.9.1 Need recognition
3.9.2 Information search
3.9.3 Evaluation of alternatives
3.9.4 Purchase decision
3.9.5 Post-purchase behaviour
3.10 Pricing analysis
3.10.1 Regional pricing
184.108.40.206 Asia Pacific
3.10.2 Cost structure analysis
3.11 Industry impact forces
3.11.1 Growth drivers
220.127.116.11 Increasing construction spending
18.104.22.168 Functional and technological advantages over other polymers will enhance the application scope
3.11.2 Industry pitfalls & challenges
22.214.171.124 High market penetration of PMMA in the construction application
3.12 Innovation & sustainability
3.12.1 Production capacity expansion by Kaneka Corporation
3.12.2 Introduction of Moisture-Cured Technology by Bostik
3.12.3 Innovation by VITO & Kaneka to create bio-based polymers
3.12.4 Dow Corning’s new line of Silane Modified Polymers
3.13 Growth potential analysis, 2018
3.14 Competitive landscape, 2018
3.14.1 Company market share analysis, 2018
3.14.2 Top players overview, 2018
3.14.3 Key stakeholders
3.14.4 Strategy dashboard
3.15 Porter’s analysis
3.16 PESTLE analysis
Browse complete table of contents @ https://www.gminsights.com/toc/detail/apac-extruded-ms-polymer-market-for-construction
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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