Polymer Fillers Market: Information by Type (Organic Fillers and Inorganic Fillers), Application (Automotive, Building & Construction, Electrical & Electronics, Industrial, Packaging and Others) and Region (North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa) - Forecast till 2030

The polymer fillers market is expected to register a CAGR of over 3.1% to reach around USD 61 billion by the end of 2030.

Polymer Fillers Market Segmentation :

The polymer fillers market has been segmented based on type, application, and region.

Based on type, the market has been segregated into organic fillers and inorganic fillers. Among these, organic fillers have been further classified as carbon, natural fibers, and others; while inorganic fillers have been further sub-segmented into oxides, silicates, salts, hydro-oxides, metals, and others.

Based on application, the global market has been categorized as automotive, building & construction, electrical & electronics, industrial, packaging, and others.

The global market, by region, has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Key Players

Some of the key players operating in the global polymer fillers market are Imerys SA (France), Amco Polymers (US), LKAB Minerals (Sweden), Minerals Technologies Inc. (US), Omya AG (Switzerland), Orkila (Lebanon), Hoffmann Mineral GmbH (Germany), Quarzwerke GmbH (Austria), Kärntner Montanindustrie (Austria), Covia Holdings Corporation (US), and GCR Group (Spain). 

Overview
Polymer fillers can be defined as materials that are added to the polymers to reduce the cost of the compound and enhance the processability & mechanical properties of the compound.  Polymer fillers can be categorized based on organic and inorganic polymer fillers, wherein organic fillers include carbon fibers, carbon nanotubes, carbon black, cellulose fibers, wood fibers, cotton, flax, polyamide, and polyvinyl alcohol fibers among others; and inorganic fillers includes glass fibers, calcium carbonate, precipitated silica, aluminum trihydrate, talc, kaolin, asbestos, boron, steel, and aluminum hydroxide among others. The polymer fillers used in various applications differ based on the factors including their particle size distribution, surface area, shape, refractive index, density, hardness, thermal stability, and toxicity, among others. Polymer fillers find application in automobiles, building & construction, electronics appliances, packaging, and industrial, among others.

The global growth of the polymer fillers market is primarily driven by widespread use in the automotive and construction industries. The product is used in various interior and exterior automobile applications due to enhanced properties such as flexural modulus and heat resistance. Increasing plastic consumption in automobiles due to its lightweight properties is fueling the demand for polymer fillers.

Increasing use of polymer fillers in construction materials and appliances is another vital factor propelling market growth. Thus, the growth of the major end-use industries is projected to drive the demand for the polymer fillers at a significant rate.

Furthermore, increasing demand for organic fillers over inorganic filler due to various factor such as easy availability, low cost, and no environmental constraints among others is likely to bolster the market growth at a significant rate during the review period. Also, the surge in demand for low-cost and high strength materials coupled with innovations in polymer filler are some of the factors considered to favor the market growth to a large extent in the coming years.

 

Global Polymer Fillers Market Share, by Application, 2018 (%)  

Source: MRFR Analysis

Regional Analysis

The market in Asia-Pacific accounted for the largest share of the global polymer fillers market in 2018 and is expected to witness significant growth during the review period. The market growth can be attributed to the expanding automotive and construction industries in developing countries. Additionally, growing electrical & electronics sector with increased spending on consumer appliances is another critical factor driving the market growth in the region.   

The market in North America is expected to witness significant growth during the review period. The increasing environmental regulation by the US Environmental Protection Agency to reduce carbon emissions has resulted in increased consumption of lightweight materials, i.e., plastic in the transportation sector, which is expected to drive the regional market growth during the review period. The US is expected to be the leading market in the region.

Europe is projected to be the prominent market for polymer fillers on account of the increasing use in the automotive industry, mainly in Germany. The expanding automotive industry with increased production of energy-efficient vehicles to curb CO2 emission has resulted in increased consumption of plastic, which is expected to boost the regional market growth at a significant rate. Additionally, expanding the packaging industry with the increased use of packaged beverages and food products is supporting market growth.

The market in Latin America and the Middle East & Africa are expected to grow at a substantial rate during the review period on account of the growth of the major end-use industries such as automotive, packaging, and construction.

Recent Development

• September 2021— a prominent global producer of high-performance polymer additives, 3M, has announced the launch of two new grades to expand their line of boron nitride cooling fillers that are widely used in a range of electronic, electrical, automotive components and devices.

The latest grades by 3M are:

• Boron Nitride Cooling Filler Agglomerates CFA 150


• Boron Nitride Cooling Filler Agglomerates CFA 100

Both the latest grades are comprised of soft boron nitride agglomerates that are used to improve the isotropic thermal conductivity. These soft boron nitride agglomerates offer improved through-plane conductivity as that of flakes or platelets, and the softness helps to allow low impact on viscosity and effortless processing, which is less abrasive on equipment.

• July 2021- Hugel focuses on expanding its domain to liquid polymer filler business to go past botulinum toxin and HA filler and expand into an entire medical esthetic company.

The CEO of Hugel, Ji-hoon, and Yoo Jae-won, Dexlovo CEO, inked an MOU for liquid polymer filler business at Hugel’s office in Seoul.

Intended Audience

• Polymer fillers manufacturers


• Traders and distributors of polymer fillers


• Research and development institutes


• Potential investors


• Raw material suppliers


• Nationalized laboratories

Report Scope:

Report Attribute/Metric	Details
Market Size	USD 61 billion 2030
CAGR	3.1% (2021–2030)
Base Year	2021
Forecast Period	2021 to 2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Type, Application and Region
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	Imerys SA (France), Amco Polymers (US), LKAB Minerals (Sweden), Minerals Technologies Inc. (US), Omya AG (Switzerland), Orkila (Lebanon), Hoffmann Mineral GmbH (Germany), Quarzwerke GmbH (Austria), Kärntner Montanindustrie (Austria), Covia Holdings Corporation (US), and GCR Group (Spain).
Key Market Opportunities	reasing use of polymer fillers in construction materials and appliances is another vital factor propelling market growth.
Key Market Drivers	Driven by widespread use in the automotive and construction industries

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