Market for fillers to grow
Wednesday, 21 September 2011
Market research institute Ceresana Research forecasts the global filler market to earn revenues of approximately USD 22.5 billion in 2018.
Modern fillers are increasingly used to improve the technical properties of filled materials. As a result, the filler market will grow by about 2.5 % per year. Emerging countries, spearheaded by China and India, offer the greatest opportunities. Ceresana Research has fully revised the worldwide first market study on fillers. The market research institute forecasts the global filler market to earn revenues of approximately USD 22.5 billion in 2018. Manufacturers and processors of fillers in the Asia-Pacific, South America, and Eastern Europe benefit from large mineral deposits that can be exploited at low costs and from dynamics in their downstream industries, such as plastics, rubbers, papers, paints and varnishes, as well as adhesives and sealants.
Ceresana expects the filler market to grow by about 2.5 % per year. Emerging countries, spearheaded by China and India, offer the greatest opportunities. Source: Cpro/Fotolia
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