POLYMERS MARKET ANALYSIS

Regional Analysis

On the basis of region, the global polymers market is segmented into North America, Latin America, Asia Pacific, Middle East, and Africa. Asia Pacific, Middle East, and Latin America together accounts for largest share in the global polymers market, as they are the major consumers of these compounds in the market. Economic growth of the Asian countries, growing electronics industry in India, and developing infrastructure industry in China are major factors boosting the market growth in Asia Pacific. Moreover, North America has witnessed a considerable revival from the recession in 2008. The demand for polymers has grown significantly in the region over the past few years.