Global Anionic Polymerization Market was valued at USD 5160.00 million in 2021 and is expected to reach USD 7918.98 million by 2029, registering a CAGR of 5.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Anionic polymerization is a type of chain-growth polymerization in which vinyl monomers with strong electronegative groups are polymerized. Synthetic polydiene rubbers, solution styrene-butadiene rubbers (SBR), and thermoplastic styrenic elastomers are all made using this method of polymerization.
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Anionic Polymerization Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
- High Demand Across End Users
The growing demand of high-performance polymer, high demand from various end-user industries along with rising demand for organic peroxides from coating, elastomer and adhesives manufacturers is estimated to carve a way for the growth of the market.
Additionally, the growth and expansion of various end use industries across the globe will also drive market value growth. The rapid industrialization and the surge in disposable income are projected to bolster the market's growth.
- Growth in Research Activities and Awareness
Furthermore, the surging number of research activities for the development of advanced solutions extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the rising awareness about the benefits of anionic polymerization will further expand the future growth of the anionic polymerization market.
- Regulations associated with Recycled Polymer
The increasing regulations on the use of recycled polymer will create hindrances for the growth of the anionic polymerization market.
Global Anionic Polymerization Market Scope
The anionic polymerization market is segmented on the basis of monomer, technique and application. The growth amongst these segments will help you analyze 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.
- Non-Polar Vinyl Compounds
- Polar Electrophilic Vinyl Compounds
- Cyclic Ethers
- Polyvinyl Chloride
- ABS (Acrylonitrile Butadiene Styrene)
- High Vacuum Techniques
- Schlenk Line
- Glove Box Techniques
Some of the major players operating in the anionic polymerization market are
- Adeka Corporation (Japan)
- Akzo Nobel N.V. (Netherlands)
- Arkema S.A. (France)
- Asia Kimindo Prima (Indonesia)
- BASF SE (Germany)
- Celanese Corporation (U.S.)
- DONGSUNG HOLDINGS (South Korea)
- Lanxess (Germany)
- LyondellBasell Industries N.V. (Netherlands)
- Merck KGaA (Germany)
- Mitsubishi Gas Chemical Company, Inc., (Japan)
- MPI Chemie B.V. (Netherlands)
- NOF CORPORATION (Japan)
- Nouryon (Netherlands)
- Otsuka Chemical Co., Ltd. (Japan)
- PERGAN (Germany)
- Evonik Active Oxygens, LLC. (U.S.)
- Tokyo Chemical Industry Co., Ltd. (Japan)
Anionic Polymerization Market Regional Analysis/Insights
The Anionic Polymerization market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Anionic Polymerization market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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