Cast Polymers Market Forecast (2018-2023)
Cast polymers are made up of different polymeric substances and are available in various types. The total market revenue of cast polymers by types which include composites and cultures stones was estimated to be $7930.6 million in 2017 and is anticipated to grow at a CAGR of 7.19% during the forecast period 2018-23. The increase in population across the globe and advances in economy has led to the use of modern housing appliances thereby boosting the demand for cast polymer. However, the cast polymer market is dominant in APAC region due to rapid industrialization and growth in manufacturing industries which involve the use of cast polymers. The engineered composites generated over $2518.24 million in revenues in 2017 and is anticipated to further grow at a CAGR of 7.0% during the forecast period 2018-23
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