The global Performance Materials Market size is projected to reach a CAGR of 6.7% from 2022-2028.
The increasing use of Performance Materials in Construction, Automotive, Electronics, Food & Beverage and other industries are some of the factors that have supported long-term expansion for Performance Materials Market.
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Recent Developments
- September 30,2022-Siemens-the future of our software portfolio and for our community with the launch of Xcelerator as a Service (XaaS).
- January 18,2022-Lonza launches bYlok Technology - a new design engineering approach for bispecific antibodies that can streamline future clinical manufacturing.
Prominent Players
- Arkema
- Saint-Gobain
- LANXESS
- DuPont
- Covestro
- Siemens
- BASF
- LUOYANG DAYANG
- Honeywell
- Lonza
- Dow Chemicals
- Evonik Industries
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Asia Pacific to Dominate the Market
The Asia-Pacific accounted for the largest share of the global Performance Materials Market.
Performance Materials Market Segmentation:
On the basis of Application
· Construction
· Automotive
· Electronics
· Food & Beverage
· Others
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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