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ksm 23.11.28
Global Monomers Market is valued at approximately USD 38.4 billion in 2022 and is anticipated to grow with a growth rate of more than 4.8% over the forecast period 2023-2030. molecule that has the ability to chemically bond with other molecules in a long chain Monomers help in the production of various consumer goods such as electronics, appliances, textiles, packaging materials, and household products. The increasing demand in the Plastic and automotive industries are the key factors responsible for the monomers market growth of the Monomers over the forecast period 2023-2030.
According to the International Energy Agency's report, in the first quarter of 2023, approximately 2.3 million electric cars were sold worldwide, representing a growth of about 25% compared to the same period last year.. According to the Organisation Internationale des Constructeurs d'Automobiles, in 2021, motor vehicle production is USD 77.71 million units and increased to USD 80.14 million units in 2022. The increasing demand in the automotive sector and growth in the production of various types of plastics are the primary factors of growth in the market. Also, technological advancement in end-use industries to improve the strength and durability of advanced monomers accelerate market growth. Moreover, increased investment by key players and rapid urbanization are anticipated to create a positive outlook for the market. However, stringent policies regarding the usage of monomers stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Monomers Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in terms of revenue owing to factors such as increased usage in end-user industries such as plastic, automotive, and packaging sectors, technological advancement in various industries, and a rise in disposable income in the region. Europe is the fastest-growing region due to increased demand for polymers and investing in research and development activities to develop new materials to improve the efficiency and performance of products in the region.
Major market player included in this report are:
- 3M Company
- Asahi Kasei Jyuko Co., Ltd.
- BASF SE
- Wacker Chemie AG
- LG Chem LTD.
- Lubrizol Corporation
- Apcotex Industries Limited
- Arkema SA
- Evonik Industries AG
- Eastman Chemical Company
Recent Developments in the Market:
- In Jan 2023, BASF's Monomers announced a sustainability roadmap and expanded its portfolio of climate-friendly products. They expand their portfolio of products with a lower CO2 footprint and Monomers division supplies basic chemicals to key industries such as food packaging, textiles, automotive or construction to wood binders and many others with base chemicals. They have potential to significantly drive the sustainable transformation of both BASF and the various customer industries.
Global Monomers Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Type, Category, End-Use, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
By Category:
- Polar Monomer
- Non polar Monomer
By End-use:
- Plastics
- Pharmaceutical
- Textile
- Agriculture
- Automotive
- Paints & Coatings
- Defens
- Packaging
- Electronics & Telecommunication
- Aerospace
- Building & Construction
- Industrial
- Energy
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Monomers Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Monomers Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Monomers Market, by Category, 2020-2030 (USD Billion)
- 1.2.4. Monomers Market, by End-Use, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Monomers Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Monomers Market Dynamics
- 3.1. Monomers Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing demand in Plastic and automotive industry
- 3.1.1.2. Technological advancement in end-use industries
- 3.1.2. Market Challenges
- 3.1.2.1. Stringent policies regarding to usage of monomers
- 3.1.2.2. Concerns Regarding the Toxic Effects of monomers
- 3.1.3. Market Opportunities
- 3.1.3.1. increased investment by key players
- 3.1.3.2. Rapid urbanization
Chapter 4. Global Monomers Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Monomers Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Monomers Market by Type, Performance - Potential Analysis
- 5.3. Global Monomers Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Monomers Market, Sub Segment Analysis
- 5.4.1. Synthetic
- 5.4.2. Natural
Chapter 6. Global Monomers Market, by Category
- 6.1. Market Snapshot
- 6.2. Global Monomers Market by Category, Performance - Potential Analysis
- 6.3. Global Monomers Market Estimates & Forecasts by Category 2020-2030 (USD Billion)
- 6.4. Monomers Market, Sub Segment Analysis
- 6.4.1. Polar Monomer
- 6.4.2. Non polar Monomer
Chapter 7. Global Monomers Market, by End-Use
- 7.1. Market Snapshot
- 7.2. Global Monomers Market by End-Use, Performance - Potential Analysis
- 7.3. Global Monomers Market Estimates & Forecasts by End-Use 2020-2030 (USD Billion)
- 7.4. Monomers Market, Sub Segment Analysis
- 7.4.1. Plastics
- 7.4.2. Pharmaceutical
- 7.4.3. Textile
- 7.4.4. Agriculture
- 7.4.5. Automotive
- 7.4.6. Paints & Coatings
- 7.4.7. Defense
- 7.4.8. Packaging
- 7.4.9. Electronics & Telecommunication
- 7.4.10. Aerospace
- 7.4.11. Building & Construction
- 7.4.12. Industrial
- 7.4.13. Energy
- 7.4.14. Others
Chapter 8. Global Monomers Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Monomers Market, Regional Market Snapshot
- 8.4. North America Monomers Market
- 8.4.1. U.S. Monomers Market
- 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Category breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. End-Use breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Monomers Market
- 8.5. Europe Monomers Market Snapshot
- 8.5.1. U.K. Monomers Market
- 8.5.2. Germany Monomers Market
- 8.5.3. France Monomers Market
- 8.5.4. Spain Monomers Market
- 8.5.5. Italy Monomers Market
- 8.5.6. Rest of Europe Monomers Market
- 8.6. Asia-Pacific Monomers Market Snapshot
- 8.6.1. China Monomers Market
- 8.6.2. India Monomers Market
- 8.6.3. Japan Monomers Market
- 8.6.4. Australia Monomers Market
- 8.6.5. South Korea Monomers Market
- 8.6.6. Rest of Asia Pacific Monomers Market
- 8.7. Latin America Monomers Market Snapshot
- 8.7.1. Brazil Monomers Market
- 8.7.2. Mexico Monomers Market
- 8.8. Middle East & Africa Monomers Market
- 8.8.1. Saudi Arabia Monomers Market
- 8.8.2. South Africa Monomers Market
- 8.8.3. Rest of Middle East & Africa Monomers Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. 3M Company
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Category Summary
- 9.3.1.5. Recent Developments
- 9.3.2. Asahi Kasei Jyuko Co., Ltd.
- 9.3.3. BASF SE
- 9.3.4. Wacker Chemie AG
- 9.3.5. LG Chem LTD.
- 9.3.6. Lubrizol Corporation
- 9.3.7. Apcotex Industries Limited
- 9.3.8. Arkema SA
- 9.3.9. Evonik Industries AG
- 9.3.10. Eastman Chemical Company
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption