Global Electronic Polymers Market to Grow 6.9% to 2017
"Electronic Polymers Global Markets to 2017 - North America and Western Europe Focus on Innovation While Asia-Pacific Benefits from Low Cost Manufacturing", provides an in-depth analysis of the global polymers market for the electrical and electronics industry.
According the report, the Asia-Pacific region accounted for half of the global polymer demand for electrical and electronic applications and was the largest market for electronic polymers. Traditional polymers such as polypropylene, polyethylene, polyvinyl chloride and acrylonitrile butadiene styrene constituted more than half of the global electronic polymers demand in 2011. These polymers were largely used for insulation or encapsulation purposes.
The global demand for electronic polymers increased from 12.2 million tons in 2005 to 15.6 million tons in 2011 at a CAGR of 4.2%. In the forecast period 2011-2017, the demand is expected to grow at a CAGR of 6.9%, due to the market dominance of Asia-Pacific.
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