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Opaque Polymers Market by Type (Solid Content 30% and Solid Content 40%), Application (Paints & Coatings, Personal Care, and Detergents), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2022

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Date: 13-Dec-2017
No. of pages: 118
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“Increasing adoption of opaque polymers in paints & coatings application is driving the growth of the opaque polymers market.”

The opaque polymers market is estimated to be USD 1.70 billion in 2017 and is projected to reach USD 2.82 billion by 2022, at a CAGR of 10.7% during the forecast period. Opaque polymers are used in various applications such as paints & coatings, personal care, and detergents. The growth of the opaque polymers market is primarily driven by the increased demand for architectural paints in the construction industry. Opaque polymers possess excellent hiding and color retention properties due to which these polymers are widely used by paints & coatings manufacturers. The demand for opaque polymers is increasing in the architectural paints segment, owing to their affordable costs. However, lower performance of opaque polymers as compared to TiO2 is acting as a restraint to the growth of the opaque polymers market.

“Paints & coatings is the fastest-growing application segment of the opaque polymers market.”

The paints & coatings application segment of the opaque polymers market is projected to grow at the highest CAGR between 2017 and 2022. This growth can be attributed to the high demand for decorative paints in the construction industry and increase in commercial and residential infrastructure projects worldwide. Among all applications, the paints& coatings application segment accounted for the largest share of the opaque polymers market in 2016, in terms of value and volume.

“Rising demand for decorative and architectural paints is driving the growth of the opaque polymers market in the Asia Pacific region.”

The opaque polymers market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period, both in terms of value and volume. China and India are key markets for opaque polymers in the Asia Pacific region. The growth of the opaque polymers market in this region can be attributed to the increased demand for opaque polymers in the paints & coatings application.

Extensive primary interviews were conducted in the process of determining and verifying the market size for several segments and subsegments gathered through secondary research.

The break-up of primary interviews is given below.


  • By Company Type: Tier 1 – 71%, Tier 2 –23%, and Others – 6%

  • By Designation: C Level –48%, Director Level – 31%, and Others –21%

  • By Region: North America – 18%, Europe – 38%, Asia Pacific – 17%, South America – 7%, and Middle East & Africa – 20%


Key companies profiled in this market research report include The Dow Chemical Company (US), Arkema (France), Interpolymer Corporation (US), Organik Kimya (Turkey), Junneng Chemicals (China), Hankuck Latices (South Korea), Indulor Chemie (Germany), Visen Industries(India), En-Tech Polymer(South Korea), Croda International (UK), and Paras Enterprises  (India).

Research Coverage

The opaque polymers market has been segmented on the basis of type, application, and region. This report covers the opaque polymers market, in terms of value and volume, and forecasts its market size till 2022. The report also provides company profiles and competitive strategies adopted by key players in the opaque polymers market.

Reasons to Buy the Report

The report will help market leaders/new entrants in the following ways:


  • This report segments the opaque polymers market and provides the closest approximations of revenue numbers for the overall market and its subsegments across different verticals and regions.

  • The report helps stakeholders understand the pulse of the market and provides information on key market drivers, restraints, challenges, and opportunities.

  • This report will help stakeholders obtain an understanding of the competitive landscape of the market and gain insights to improve the position of their businesses. The competitive landscape section includes new product developments, expansions, agreements, contracts, partnerships, acquisitions, and joint ventures.

Opaque Polymers Market by Type (Solid Content 30% and Solid Content 40%), Application (Paints & Coatings, Personal Care, and Detergents), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Units Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities in the Opaque Polymers Market
4.2 Opaque Polymers Market, By Application
4.3 Opaque Polymers Market in APAC, By Type, and Country
4.4 Opaque Polymers Market Size, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Prices of TIO2
5.2.1.2 Growing Demand in Construction Industry for Architectural Paints
5.2.2 Restraints
5.2.2.1 Lower Hiding Performance Than TIO2
5.2.3 Opportunities
5.2.3.1 Improvement in the Performance Efficiency to Make Them Suitable for Industrial Paint Formulations
5.2.4 Challenges
5.2.4.1 Fluctuation in the Prices of Raw Materials
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry

6 Macroeconomic Overview
6.1 Introduction
6.2 Trends and Forecast of GDP
6.3 Trends and Forecast of the Paints & Coatings Industry
6.3.1 Trends and Forecast of the Paints & Coatings Industry in North America
6.3.2 Trends and Forecast of the Paints & Coatings Industry in Europe
6.3.3 Trends and Forecast of the Paints & Coatings Industry in APAC
6.3.4 Trends and Forecast of the Paints & Coatings Industry in Middle East & Africa

7 Opaque Polymers Market, By Type
7.1 Introduction
7.2 Solid Content 30%
7.3 Solid Content 40%

8 Opaque Polymers Market, By Application
8.1 Introduction
8.2 Paints & Coatings
8.3 Personal Care
8.4 Detergents

9 Opaque Polymers Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Russia
9.3.2 Germany
9.3.3 UK
9.3.4 Italy
9.3.5 France
9.3.6 Rest of Europe
9.4 APAC
9.4.1 China
9.4.2 India
9.4.3 South Korea
9.4.4 Japan
9.4.5 Rest of APAC
9.5 Middle East & Africa
9.5.1 Saudi Arabia
9.5.2 South Africa
9.5.3 Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Rest of South America

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking of Key Players
10.3 Competitive Situations and Trends
10.3.1 Mergers, Joint Ventures, and Acquisitions
10.3.2 New Product Launches

11 Company Profiles
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
11.1 The DOW Chemical Company
11.2 Arkema
11.3 Ashland Global Holdings Inc.
11.4 Interpolymer Corporation
11.5 Organik Kimya A.S.
11.6 Croda International PLC
11.7 En-Tech Polymer Co., Ltd
11.8 Hankuck Latices Co., Ltd.
11.9 Indulor Chemie GmbH
11.10 Junneng Chemical
11.11 Paras Enterprises
11.12 Visen Industries Limited

*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Related Reports
12.6 Author Details

List of Tables

Table 1 Trends and Forecast of GDP, 2016–2022 (USD Billion)
Table 2 Contribution of Paints & Coatings Industry to GDP of North America, 2015–2022 (USD Million)
Table 3 Contribution of Paints & Coatings Industry to GDP of Europe, 2015–2022 (USD Million)
Table 4 Contribution of Paints & Coatings Industry to GDP of APAC, 2015–2022 (USD Million)
Table 5 Contribution of Paints & Coatings Industry to GDP of Middle East & Africa, 2015–2022 (USD Million)
Table 6 Opaque Polymers Market Size, By Type, 2015–2022 (Kiloton)
Table 7 Opaque Polymers Market Size, By Type, 2015–2022 (USD Million)
Table 8 Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 9 Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 10 Opaque Polymers Market Size, By Region, 2015–2022 (Kiloton)
Table 11 Opaque Polymers Market Size, By Region, 2015–2022 (USD Million)
Table 12 North America: Opaque Polymers Market Size, By Country, 2015–2022 (Kiloton)
Table 13 North America: Opaque Polymers Market Size, By Country, 2015–2022 (USD Million)
Table 14 North America: Opaque Polymers Market Size, By Type, 2015–2022 (Kiloton)
Table 15 North America: Opaque Polymers Market Size, By Type, 2015–2022 (USD Million)
Table 16 North America: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 17 North America: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 18 US: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 19 US: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 20 Canada: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 21 Canada: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 22 Mexico: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 23 Mexico: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 24 Europe: Opaque Polymers Market Size, By Country, 2015–2022 (Kiloton)
Table 25 Europe: Opaque Polymers Market Size, By Country, 2015–2022 (USD Million)
Table 26 Europe: Opaque Polymers Market Size, By Type, 2015–2022 (Kiloton)
Table 27 Europe: Opaque Polymers Market Size, By Type, 2015–2022 (USD Million)
Table 28 Europe: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 29 Europe: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 30 Russia: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 31 Russia: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 32 Germany: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 33 Germany: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 34 UK: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 35 UK: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 36 Italy: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 37 Italy: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 38 France: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 39 France: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 40 Rest of Europe: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 41 Rest of Europe: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 42 APAC: Opaque Polymers Market Size, By Country, 2015–2022 (Kiloton)
Table 43 APAC: Opaque Polymers Market Size, By Country, 2015–2022 (USD Million)
Table 44 APAC: Opaque Polymers Market Size, By Type, 2015–2022 (Kiloton)
Table 45 APAC: Opaque Polymers Market Size, By Type, 2015–2022 (USD Million)
Table 46 APAC: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 47 APAC: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 48 China: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 49 China: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 50 India: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 51 India: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 52 South Korea: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 53 South Korea: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 54 Japan: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 55 Japan: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 56 Rest of APAC: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 57 Rest of APAC: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 58 Middle East & Africa: Opaque Polymers Market Size, By Country, 2015–2022 (Kiloton)
Table 59 Middle East & Africa: Opaque Polymers Market Size, By Country, 2015–2022 (USD Million)
Table 60 Middle East & Africa: Opaque Polymers Market Size, By Type, 2015–2022 (Kiloton)
Table 61 Middle East & Africa: Opaque Polymers Market Size, By Type, 2015–2022 (USD Million)
Table 62 Middle East & Africa: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 63 Middle East & Africa: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 64 Saudi Arabia: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 65 Saudi Arabia: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 66 South Africa: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 67 South Africa: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 68 Rest of Middle East & Africa: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 69 Rest of Middle East & Africa: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 70 South America: Opaque Polymers Market Size, By Country, 2015–2022 (Kiloton)
Table 71 South America: Opaque Polymers Market Size, By Country, 2015–2022 (USD Million)
Table 72 South America: Opaque Polymers Market Size, By Type, 2015–2022 (Kiloton)
Table 73 South America: Opaque Polymers Market Size, By Type, 2015–2022 (USD Million)
Table 74 South America: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 75 South America: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 76 Brazil: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 77 Brazil: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 78 Rest of South America: Opaque Polymers Market Size, By Application, 2015–2022 (Kiloton)
Table 79 Rest of South America: Opaque Polymers Market Size, By Application, 2015–2022 (USD Million)
Table 80 Contracts, Expansions, Agreements, and Investments 2015-2017
Table 81 Mergers, Joint Ventures, and Acquisitions, 2015-2017
Table 82 New Product Launches, 2015-2017

List of Figures

Figure 1 Opaque Polymers Market Segmentation
Figure 2 Opaque Polymers Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Opaque Polymers: Data Triangulation
Figure 6 Paints & Coatings to Be the Largest Segment of the Opaque Polymers Market
Figure 7 Solid Content 30% to Dominate the Opaque Polymers Market
Figure 8 India to Register the Highest CAGR of the Opaque Polymers Market Between 2017 and 2022
Figure 9 APAC Led the Opaque Polymers Market in 2016, By Value
Figure 10 Attractive Market Opportunities in the Global Opaque Polymers Market 2017 vs 2022
Figure 11 Paints & Coatings to Be the Fastest-Growing Application Between 2017 and 2022
Figure 12 China to Be the Largest Market of Opaque Polymers in APAC
Figure 13 China to Be the Largest Market Between 2017 and 2022
Figure 14 Drivers, Restraints, Opportunities, and Challenges in the Opaque Polymers Market
Figure 15 Porter’s Five Forces Analysis: Opaque Polymers
Figure 16 Trends and Forecast of GDP, 2017–2022 (USD Billion)
Figure 17 Contribution of the Paints & Coatings Industry to the GDP of North America, 2017 vs 2022
Figure 18 Paints & Coatings Industry in Russia Contributes the Maximum to the GDP of Europe
Figure 19 India to Register the Highest CAGR in Paints & Coatings Industry Between 2017 and 2022
Figure 20 Saudi Arabia to Account for the Larger Market Share in Paints & Coatings Industry
Figure 21 Solid Content 30% to Be Larger Opaque Polymers Market
Figure 22 Paints & Coatings Application to Dominate the Opaque Polymers Market Between 2017 and 2022
Figure 23 India, China, Canada, and Mexico to Be Emerging Markets of Opaque Polymers During Forecast Period
Figure 24 North America Snapshot: US Accounted for the Largest Market in North America, in 2016
Figure 25 Europe Market Snapshot: Russia to Register the Highest CAGR in the Opaque Polymers Market, (2017-2022)
Figure 26 APAC Snapshot: China to Lead the Opaque Polymers Market, By Value, Between 2017 and 2022
Figure 27 Paints & Coatings to Dominate the Opaque Polymers Market in Middle East & Africa, 2017-2022
Figure 28 Opaque Polymers Market in South America
Figure 29 Companies Adopted Contracts, Expansions, Agreements, Joint Ventures, and Investments as the Key Strategies, 2015-2017
Figure 30 Market Ranking of Key Players, 2016
Figure 31 Dow: Company Snapshot
Figure 32 Arkema: Company Snapshot
Figure 33 Ashland Global Holdings Inc.: Company Snapshot
Figure 34 Croda: Company Snapshot

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