Press release
High Performance Plastics Market is Estimated to Reach US$ 35900 Mn by 2025 End
High performance plastics differ from standard plastics and engineering plastics primarily by their temperature stability, but also by their chemical resistance and mechanical properties, production quantity, and price.In consumption market, North America, Asia Pacific and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these regions occupied 91.19% of the global consumption volume in total.
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High performance plastics has many types, which include fluoropolymers (FPS), high-performance polyamides (HPPA), polyphenylene pulfide (PPS), sulfone polymers and liquid crystal polymers, etc. And each type has different applications relatively with different properties. With biodegradable effect of high performance plastics and sacks, the downstream application industries will need more high performance plastics products. So, high performance plastics have a huge market potential in the future.
High performance plastics can be used in various fields, like transportation, medical, electrical and electronics and industrial, etc. Transportation is the largest application of high performance plastics, with market share of 35.34% in 2017.
The global High Performance Plastics market was 24000 million US$ in 2018 and is expected to 35900 million US$ by the end of 2025, growing at a CAGR of 5.9% between 2019 and 2025.
This report studies the High Performance Plastics market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of High Performance Plastics in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Dupont
Sabic
Solvay
Daikin
DSM
3M
Kaneka
Arkema
Dongyue
Evonik
Celanese
Ube Industries
Sumitomo
Sichuan Chenguang
AGC
Toray
Polyplastics
Saint-Gobain
Kureha
DIC
Gujarat Fluorochemicals
Juhua Group
BASF
HaloPolymer
Shin-Etsu
RTP Company
Ueno Fine Chemicals
Flontech
Nylacast
Prochase Enterprise
By the product type, the market is primarily split into
Fluoropolymers (FPS)
High-performance Polyamides (HPPA)
Polyphenylene Sulfide (PPS)
Sulfone Polymers
Liquid Crystal Polymers
Other
By the end users/application, this report covers the following segments
Transportation
Medical
Electrical and Electronics
Industrial
Others
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QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. the company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), experts resources (included energy automotive chemical medical ICT consumer goods etc industries experts who own more than 10 years experiences on marketing or R&D), professional survey team (the team member with more than 3 years market survey experience and more than 2 years depth expert interview experience). Excellent data analysis team (SPSS statistics and PPT graphics process team).
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