Development activities, such as mergers & acquisition, new product launches, agreements & collaborations, and joint ventures, have contributed to the increasing demand of cast polymer and its uses worldwide. In May 2015, Caesarstone Sdot-Yam (Israel) announced the expansion of quartz surface manufacturing facility in Richmond Hill. This plant is designed to produce large sized quartz slabs using the Bretonstone technology. In April 2014, Cosentino Group (Spain) had announced the launch of a new series of ultra-compact surface product, called Dekton, in association with Eastern Surface Inc. (U.S.). This launch will help the customers to avail a variety of products under one roof, better customer service, and customer satisfaction. In March 2014, the Cosentino Group (Spain) had started establishing itself in Singapore and created the Cosentino City to increase its presence in the Asian countries.
In addition to this, the rise in demand from the construction and remodelling industry is one of the major key drivers in the global cast polymer market. Secondly, its mechanical properties also help in accelerating the demand for cast polymers.
Asia-Pacific holds the largest share of the global cast polymers market, owing to the majority sof the product launches, joint ventures, and acquisitions that took place in this region. At the same time, drivers, such as increasing demand of technically-advanced and quality products from end user segments in developing economies, have enabled the considerable growth of this market.
An in-depth profiling of the key players has been conducted, along with the recent developments (including new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the global cast polymers market.
Some of the major key players of this market are Agco, Inc. (U.S.), the R.J. Marshall Company (U.S.), Caesarstone Sdot-Yam (Israel), Cosentino Group (Spain), Bradley Corporation (U.S.), and others.
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