The global high temperature plastics market is anticipated to witness a healthy CAGR during the forecast period (2013 to 2028). High temperature plastic (HTP) is defined as a plastic that can handle operating temperature above 150°C. HTP is able to maintain its stiffness and strength at required operating temperature by resisting thermal degradation. Other useful characteristics include chemical resistance, creep resistance, and friction and wear performance.
Growth of aerospace industry owing to changing consumer preference for flight over train and other modes of transportation is anticipated to propel market growth. Rising demand for lightweight and durable aircrafts by airlines to cut operational expenses is driving demand for high temperature plastics market. Automobile manufacturers also prefer HTPs over metals in body panels, motor, bearings, pistons, and ignition modules to reduce vehicle weight for fuel efficiency. In addition, growing adoption of polyketones in wind energy and oil and gas industry as an alternative to metals is expected to impel market growth. Moreover, increasing use of HTPs to make electrical cables and wires will drive the high temperature plastics market over the forecast period.
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To cater to rising demand for HTPs, manufacturing companies are investing in R&D activities to develop innovative products. For instance, in October 2018, DuPont launched high temperature nylon (HTN) and polybutylene terephthalate (PBT). The nylon is an advanced version bio based Zytel HTN polyphthalamide. This flame retardant, nonhalogenated, and high-performance material was aimed for electrical components and automotive connectors. In addition, new grades of PBT are aimed at hybrid and electric vehicles. They can also be used in high voltage connectors.
Product Insights
Based on product, the high temperature plastics market can be segregated into liquid crystal polymers, fluoropolymers, polyphenylene sulfides, polysulfones, polyimides, polyketones, and others. Fluoropolymers segment is expected to hold highest market share over the forecast period for high temperature plastics. This is owing to rising demand for polytetrafluoroethylene (Teflon) in industrial applications such as semiconductor manufacturing, biotech manufacturing, automotive uses, and fabrics are driving segment’s growth. Exceptional resistance to chemical reaction, high temperatures, corrosion, and stress-cracking makes it suitable for aforementioned industrial applications.
Application Insights
On the basis of application, the market of high temperature plastics can be classified into chemical, electrical, automobile, aerospace, medical, and others. Automobile segment is anticipated to account for highest market share over the forecast period of high temperature plastics. This is attributed to ability of high temperature plastics to provide required chemical and heat resistance. Other properties such as lightweight and durability also make them suitable for motor vehicle applications. Electrical segment is also expected to hold significant market share over the forecast period. This is attributed to increasing use of fluorinated ethylene propylene in cable and wire applications. Properties such as flexibility, low dielectric constant, and superior fire and heat resistance are likely to stimulate demand for HTPs in electrical industry.
Regional Insights
Regional segmentation of high temperature plastics includes North America, Asia Pacific, Europe, Latin America, and Middle East and Asia. Asia Pacific is anticipated to account for highest share for high temperature plastics market of over the forecast period. This is attributed to increasing use of fluoropolymers in industrial applications such as filtration and chemical processing. In addition, increasing use of polytetrafluoroethylene in non-residential building activities is also driving regional growth. Moreover, growth of construction and automobile industry in developing countries such as China and India will drive regional market growth.
North America is expected to witness significant market share owing to rising demand for HTP over traditional materials such as glass, metal, and other polymers. Changing consumer preference for electronic products, electrical equipment, and machinery made from HTP is likely to augment regional market growth in the coming years.
Some of the key players in the high temperature plastics market are Bayer Material Science AG, BASF SE, Celanese Corporation, The Dow Chemical Company, and Eastman Chemical Company. Companies are adopting business strategies such as acquisition and merger to expend their product portfolio.
The global High Temperature Plastics market was valued at $XX million in 2017, and MAResearch analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2017 and 2028.
This report provides detailed historical analysis of global market for High Temperature Plastics from 2013-2018, and provides extensive market forecasts from 2018-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the High Temperature Plastics market.
Leading players of High Temperature Plastics including:
• Solvay
• Victrex
• Evonik
• DIC Corporation
• Toray
• Kureha
• Tosoh
• Polyplastics
• SK
• Celanese
• Chengdu Letian
Market split by Type, can be divided into:
• PPS
• PI
• PSF
• Other
Market split by Application, can be divided into:
• Automotive & Aerospace
• Electronics
• Industrial & Machinery
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
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Table of Contents
Chapter 1 High Temperature Plastics Market Overview
1.1 High Temperature Plastics Definition
1.2 Global High Temperature Plastics Market Size Status and Outlook (2013-2028)
1.3 Global High Temperature Plastics Market Size Comparison by Region (2013-2028)
1.4 Global High Temperature Plastics Market Size Comparison by Type (2013-2028)
1.5 Global High Temperature Plastics Market Size Comparison by Application (2013-2028)
1.6 Global High Temperature Plastics Market Size Comparison by Sales Channel (2013-2028)
1.7 High Temperature Plastics Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/ Expansion)
Chapter 2 High Temperature Plastics Market Segment Analysis by Player
2.1 Global High Temperature Plastics Sales and Market Share by Player (2016-2018)
2.2 Global High Temperature Plastics Revenue and Market Share by Player (2016-2018)
2.3 Global High Temperature Plastics Average Price by Player (2016-2018)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 High Temperature Plastics Market Segment Analysis by Type
3.1 Global High Temperature Plastics Market by Type
3.1.1 PPS
3.1.2 PI
3.1.3 PSF
3.1.4 Other
3.2 Global High Temperature Plastics Sales and Market Share by Type (2013-2018)
3.3 Global High Temperature Plastics Revenue and Market Share by Type (2013-2018)
3.4 Global High Temperature Plastics Average Price by Type (2013-2018)
3.5 Leading Players of High Temperature Plastics by Type in 2017
3.6 Conclusion of Segment by Type
Chapter 4 High Temperature Plastics Market Segment Analysis by Application
4.1 Global High Temperature Plastics Market by Application
4.1.1 Automotive & Aerospace
4.1.2 Electronics
4.1.3 Industrial & Machinery
4.2 Global High Temperature Plastics Sales and Market Share by Application (2013-2018)
4.3 Leading Consumers of High Temperature Plastics by Application in 2017
4.4 Conclusion of Segment by Application
Chapter 5 High Temperature Plastics Market Segment Analysis by Sales Channel
5.1 Global High Temperature Plastics Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global High Temperature Plastics Sales and Market Share by Sales Channel (2013-2018)
5.3 Leading Distributors/Dealers of High Temperature Plastics by Sales Channel in 2017
5.4 Conclusion of Segment by Sales Channel
Continued…
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High Temperature Plastics Market report defines the market trends and forecast the upcoming opportunities and threats of global high temperature plastics market in the next 8 years.
It consists of a wide range of synthetic or semi-synthetic organic compounds which are highly malleable.
Moreover, one of the most important characteristics of high temperature plastics are abrasion and hardness, resistance to wear and UV, chemical resistance, and resistance to fire Polysulfide’s, high performance polyamides.The Global High Temperature Plastics Market is expected to reach USD 89.60 billion by 2025, from USD 55.40 billion in 2017, growing at a CAGR of 6.2% during the forecast period of 2018 to 2025.
The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Get Sample Report at : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-high-temperature-plastics-marketCompetitive Analysis: Global High Temperature Plastics MarketSome of the major players operating in the global high temperature plastics market are Daicel Corporation., Bloomberg L.P., Eastman Chemical Company, BASF SE, Celanese Corporation, Arkema SA, The Dow Chemical Company, Ensinger, Bayer AG, RTP Company, the Quadrant group of companies.
, The Quadrant group of companies.
High temperature plastics market will grow at a rate of 6.1% for the forecast period of 2020 to 2027.
Rising demand in automotive and aerospace Industry is a vital factor driving the growth of high temperature plastics market swiftly.Plastics are types of organic polymers that have increased molecular mass and often contain other substances.
It consists of an extensive range of synthetic or semi-synthetic organic compounds that are highly malleable and can also be moulded into solid objects.Get more Details Sample Copy of Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-high-temperature-plastics-market Competitive Landscape and High Temperature Plastics Market Share AnalysisHigh temperature plastics market competitive landscape provides details by competitor.
Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance.
The above data points provided are only related to the companies’ focus related to high temperature plastics market.The major players covered in the high temperature plastics market report are Dow, BASF SE, Daicel Corporation, Eastman Chemical Company, Celanese Corporation, Ensinger, Bayer AG, RTP Company, Quadrant Group Limited, DSM, The Cary Company, Hardie Polymers, Nicolet Plastics and SABIC among othersHigh Temperature Plastics Market Scope and Market SizeHigh temperature plastics market is segmented on the basis of type and end-use.
The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.Based on type, the high temperature plastics market is segmented into polysulfones, polyimides, polyphenylene sulfide, fluoropolymers and othersThe high temperature plastics market is segmented on the basis of end-use into electrical & electronic, transportation, industrial, medical, and othersData Bridge Market Research (DBMR), in an upcoming market research study, brings to fore both macro- and microeconomic factors that will shape the growth curve of the global High Temperature Plastics Market.
