What is the future of Cast Polymers Market? Know Covid Impact on Size,
Share & Forecasts

Mar 31,2021/IndustryNewsGlobal/ The unexpected shifts in the global
markets because of the sudden outbreak of the COVID-19 virus have brought many
major and minor tremors to industries of all sizes including the Cast
Polymers Market.

It was estimated prior to this unanticipated
outbreak that the Cast Polymers Market was expected to grow at a CAGR of 2.9%
during the forecast period. However, the gradual slowing down of industries
will undoubtedly impose limits on the previously estimated growth rate.

Cast Polymer is a universal term
that refers to the production of synthetic cast products, either cultured
marble, cultured onyx, or cultured granite. But recently it includes additional
materials such as engineered stone and other polyester and acrylic resin-based
materials.

Cast Polymers are of different
types, such as solid surface, engineered stone, and cultured marble, which are
used in various applications in non-residential and residential end-use
markets.

This report studies the market
covering a period of 12 years of trend and forecast. The report provides
detailed insights into the market dynamics to enable informed business decision
making and growth strategy formulation based on the opportunities present in
the market.

Based on the type, the market is
segmented as solid surface, engineered stone, and cultured marble. The
solid surface segment is expected to govern the market owing to its
wide use of solid surface products in kitchen and bathroom applications.

Based on the material type, the
cast polymers market is segmented as alumina trihydrate, calcium carbonate,
resin, natural stone/quartz, and others. The alumina trihydrate segment
dominates the market, on account of its excellent properties such as such
as high durability and scratch resistance.

Based on the end-user type, the
cast polymers market is segmented as non-residential and residential. The
non-residential segment is expected to govern the market due to its
rise in demand for these materials from non-residential constructions such as
hospitals, and schools, among others.

In terms of regions, Asia-Pacific
is estimated to be the fastest-growing cast polymers market during the
forecast period, with rapid industrialization in the region and rise in demand
for cast polymers from non-residential units such as corporate offices, public
toilets, malls and shopping complexes, hospitals, and schools, driving the
market. China and India are the key growth engines of the market. North America
and Europe are also expected to offer substantial growth opportunities during
the forecast period.

Key Players:

Some of the major cast
polymer manufacturers are-

• Cosentino S.A.


• Bradley Corporation


• Caesarstone Ltd.


• The R.J. Marshall Company


• E.I. Du Pont De Nemours


• Breton S.P.A.


• Oppein Home Group Inc.


• Agco, Inc.


• Swan Surfaces, LLC


• Eastern Surfaces