Cast Polymers Market Size & Share, by Material (Alumina Trihydrate, Calcium Carbonate, Resins, Natural Stone); End-User (Residential, Commercial, Industrial); Type (Solid Surface, Engineered Stone, Cultured Marble); Application (Countertops, Vanity Tops, Sinks and Basins, Shower Pans and Walls, Tub Surrounds) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 5475
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Cast Polymers Market size was over USD 12.69 billion in 2024 and is poised to exceed USD 26.09 billion by 2037, growing at over 5.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cast polymers is evaluated at USD 13.27 billion. The reason behind the growth is due to the growing spending in the construction sector across the globe, leading to increasing development of residential and commercial settings which is expected to fuel the demand for construction materials such as cast polymers.

Construction spending is predicted to reach around USD 17 trillion globally by 2030, with the US, China, and India leading the way and contributing over 55% of the growth in this sector.

The growing popularity of aesthetically pleasing interiors is believed to fuel the market growth. This could be significant among the GenZ population. Hence, with the surging Generation Z population the demand for cast polymers is growing since it offers aesthetic appeal. As a result, the revenue for the cast polymers market is set to rise.


Cast Polymers Market
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Cast Polymers Sector: Growth Drivers and Challenges

Growth Drivers

  • Rising applications in medical industry - Cast polymers impede the development of mold and bacteria and are considered hygienic which makes them perfect for use in medical facilities.

    Additionally, hospital-acquired infections are at hike which makes it necessary to adopt effective solutions to maintain hygiene. For instance, according to the World Health Organization, every 7 patients out of 100 patients in acute-care hospitals in high-income countries along with 15 patients in low- and middle-income nations is predicted to acquire at least one HAI during their hospital stay. Hence, the cast polymers market is projected to grow over the years to come.
  • Growing marine sector - Ships are usually prone to high risk of corrosion which might further cause huge loss of revenue and environment. Hence, cast polymers are often used in the marine sector owing to their water-resistant properties.
  • Increasing popularity of casting resins - Epoxy resin coatings and casting are two different yet related substances that are used in the production of rubber, ABS, polypropylene, acrylic, nylon, and glass-filled nylon as they are an extremely resilient polymer that is resistant to deterioration from water and other environmental elements. Therefore, the cast polymers market revenue is set to rise.
  • Adoption of sustainable practices - Cast polymer materials support environmental objectives as these products are manufactured from recycled materials, and have a longer lifespan, which eventually results in lower maintenance and replacement expenses making them an environmentally friendly option for building projects. As a consequence, the market is poised to have the highest growth in its revenue.

Challenges

  • Presence of alternatives such as natural stone and wood - Many individuals believe that stone, which includes granite, marble, limestone, travertine, slate, and sandstone, performs better than a solid surface. It has always been regarded as a superior building material that embodies grandeur, character, and solidity. Natural stone is widely acknowledged as a durable, solid, and ageless building material that has been utilized in the construction of renowned historical buildings, monuments, and artwork worldwide.
    Additionally, wood offers exceptional barrier qualities and is free from toxins, allergies, isocyanates, plastic additives, latex, or dust.
  • The expensive cost of cast polymers due to the involvement of intricate molds and skilled labor impedes market growth.
  • Varying prices of raw materials such as fiberglass and aluminum trihydrate may increase the overall cost of production.

Cast Polymers Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

5.7%

Base Year Market Size (2024)

USD 12.69 billion

Forecast Year Market Size (2037)

USD 26.09 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Cast Polymers Segmentation

End-User (Residential, Commercial, Industrial)

The residential segment in the cast polymers market is set to garner a notable share of about 50% over the forecast period. Products made of cast polymer are mostly utilized in residential settings, as the majority of the rise in demand for cast polymers is attributed to home remodeling projects, as they can be molded into surfaces for sinks, shower walls, bathtubs, and even window sills and are less prone to damage and discoloration than natural marble and stone. Therefore, with the rising segment growth, the cast polymer market is also predicted to increase.

Besides this, the demand for cast polymer materials used in commercial construction, including public utilities such as schools, hospitals, and transit facilities, is rising globally. Cast polymer products are easy to maintain and available in a range of colors and styles, which makes them the best option for large hotel chains and stores.

Application (Countertops, Vanity Tops, Sinks and Basins, Shower Pans and Walls, Tub Surrounds)

The countertops segment is estimated to account for 32% share of the global cast polymers market by 2037 impelled by the increasing number of houses. This growth of the segment is set to be encouraged by the rising number of residential houses. For instance, according to estimates, in 2021, more than 302 million homes were in India. However, every new home requires kitchen and bathroom surfaces which are expected to boost the demand for a countertop that is also referred to as a bunker, counter, benchtop, worktop, or kitchen bench.

These countertops are often made from cast polymers such as cultured marble, onyx, and solid surfaces, which are self-structural resist breaking, and are simple to maintain.

Moreover, cultured marble vanity tops provide a smooth, multipurpose look and cost less than granite. They are one of the most fashionable countertop options, which is highly recommended by both interior designers and homeowners. Besides this, onyx is one of the priciest natural stone countertops and is a popular choice for homeowners seeking a material that resembles marble. Hence, owing to the growing availability of different materials and rising preference for them the segment is predicted to experience a rise. As a result, the market is also projected to rise.

Material (Alumina Trihydrate, Calcium Carbonate, Resins, Natural Stone)

The alumina trihydrate segment is anticipated to gain a noteworthy market share during the forecast timeframe. Cast polymers are composed of several types of polymeric ingredients, including alumina trihydrate, which is the most commonly used flame retardant in the world. It is an odorless, inert filler powder that comes in various uncoated and coated grades and is mostly used to increase the weight and lessen the shrinkage of cast polymer products.

Type (Solid Surface, Engineered Stone, Cultured Marble)

The engineered stone segment in the cast polymers market is poised to gain a remarkable revenue share. Engineered stone is made by combining natural stone components with polymer casting resins, which are the most durable cast polymer products that possess excellent stain and scratch resistance, low thermal expansion, and strong heat resistance.

Additionally, a solid surface is a synthetic substance that can be designed to resemble actual granite and is frequently employed in the production of goods, including kitchen countertops.

Our in-depth analysis of the global market includes the following segments:

     Material

  • Alumina Trihydrate
  • Calcium Carbonate
  • Resins
  • Natural Stone

     Type

  • Solid Surface
  • Engineered Stone
  • Cultured Marble

     End-User

  • Residential
  • Commercial
  • Industrial

     Application

  • Countertops
  • Vanity Tops
  •  Sinks and Basins
  • Shower Pans and Walls
  • Tub Surrounds

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Cast Polymers Industry - Regional Synopsis

APAC Market Forecast

Driven by increasing industrial activity, the cast polymer market in Asia Pacific is expected to hold the biggest share of 47% by 2037. India's economy is already the fastest-growing in the world, and it is seeing the fastest pace of industrial production growth within the region.

Additionally, China's industrial activities grew more quickly than anticipated since the country increased its industrial production in October 2023, by more than 4%. For instance, in September 2023, India's industrial production grew by over 5% compared to the same month the previous year.

North American Market Statistics

The North American cast polymers market is estimated to be the second largest during the forecast timeframe, led by the increasing focus on eco-friendly solutions. Companies in the region are facing increasing pressure to behave in a more socially and environmentally responsible manner, as a result of which more businesses are considering environmental friendliness as a key goal for their operations and strategies to boost growth and global competitiveness and improve operational effectiveness by cutting expenditures and waste.

Research Nester
Cast Polymers Market Size
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Companies Dominating the Cast Polymers Landscape

    • R.J. Marshall Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • E. I. Du Pont De Nemours and Company
    • Swan Corporation
    • Link Composites Pvt. Ltd.
    • Cosentino S.A.
    • Oppein Home Group Inc.
    • Huber Engineered Materials
    • Breton S.P.A
    • Danimer Scientific, Inc.
    • Angstrom Engineering Inc.
    • Sto SE & Co. KGaA
    • LyondellBasell

In the News

  • Danimer Scientific, Inc. together with Chevron Phillips Chemical to investigate the creation and marketing of cast extrusion films by utilizing Rinnovo polymers a type of polyhydroxyalkanoate to quicken the process of implementing Rinnovo materials in high-volume applications.
  • SABIC (Saudi Arabia Basic Industries Corporation) teamed up with Aramco and TotalEnergies to create circular polymers from plastic pyrolysis oil to aid in the creation of a domestic value chain for the better recycling of plastics, and allow the usage of non-sorted polymers.

Author Credits:  Rajrani Baghel


  • Report ID: 5475
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of cast polymers is evaluated at USD 13.27 billion.

The cast polymers market size was over USD 12.69 billion in 2024 and is poised to exceed USD 26.09 billion by 2037, growing at over 5.7% CAGR during the forecast period i.e., between 2025-2037. Growing spending in the construction sector across the globe and the growing popularity of aesthetically pleasing interiors will drive the market growth.

Asia Pacific industry is likely to hold largest revenue share of 47% by 2037, impelled by rising industrial activities in the region.

The major players in the market include R.J. Marshall Company, E. I. Du Pont De Nemours and Company, Swan Corporation, Link Composites Pvt. Ltd., Cosentino S.A., Oppein Home Group Inc., Huber Engineered Materials, Breton S.P.A, Danimer Scientific, Inc., Angstrom Engineering Inc., Sto SE & Co. KGaA, LyondellBasell
Cast Polymers Market Report Scope
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