Press release
Global High Performance Plastics Market 2020 with top Countries data: Impact Analysis Of Industry Trends, Drivers, Restraints & Opportunities To 2024 | Top Key Players - Dupont, Sabic, Solvay, Daikin, DSM, 3M
High Performance Plastics Market
Global High Performance Plastics Market overview:
Detailed Study on High Performance Plastics Market is growing at a CAGR during Forecasts year 2024. This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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High Performance Plastics are Plastics that meet higher requirements than standard or engineering plastics. They are more expensive and used in smaller amounts. 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.
The Global High Performance Plastics Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the High Performance Plastics Market is sub segmented into Fluoropolymers (FPS), High-performance, Polyamides (HPPA), Polyphenylene Sulfide (PPS), Sulfone Polymers, Liquid Crystal Polymers. The fluoropolymers segment is estimated to account for the largest share in 2016, due to their suitability in a number of application areas. The aromatic ketone polymers segment is estimated to grow at the highest Compound Annual Growth Rate from 2020 to 2024 Based on End Use Industry segment, the High Performance Plastics Market is sub segmented into Transportation, Medical, Electrical and Electronics, Industrial.
Some of the High Performance Plastics Market manufacturers involved in the market are 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, Acquisitions and effective mergers are some of the strategies adopted by the High Performance Plastics Market manufacturers. New product launches and continuous technological innovations are the High Performance Plastics Market strategies adopted by the major players.
The Asia-Pacific region is projected to register a highest growth in the market between 2020 and 2024. The growing end-user industry is the key driver of the market in the region. Europe is projected to witness a slow growth during the forecast period due to stringent environment norms in the region. North America is dominant in the high performance plastics market. The rising demand for high performance plastics in this region is mainly driven by its increased use in electrical & electronics and medical industries. Europe is the second-largest consumer and manufacturer of high performance plastics, globally. The market in this region is mainly driven by the growing opportunities from the transportation industry
Latest Industry Updates:
Solvay:- Alve-One improving plastics' sustainability profile Foamed plastics are all around us, from applications in building and construction, footwear, automotive, packaging and more. Azodicarbonamide, or ADCA, is the reference in the chemical blowing agent market for making foamed thermoplastics. In recent years, however, Europe's Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulation has classified ADCA as a 'Substance of Very High Concern.' Fortunately, Solvay has developed Alve-One, a sustainable foaming alternative, entirely inorganic-based formulations. The fact that it's a 100% safe, performant and cost effective replacement for ADCA in plastic foam applications has led to it recently being awarded the Solar Impulse Efficient Solutions Label, as well as the Silver Award in the Innovation Category by Inovyn, demonstrating its appeal with the PVC industry.
A chemical product based on sodium bicarbonate, Alve-One has a direct lineage to Solvay's founding in 1863, when Ernest and Alfred Solvay invented a new way to produce this inorganic compound. Sodium bicarbonate can be used in various applications in food, including baking soda, in animal feed, pharmaceutical applications, in flue gas treatment, and in many other industrial and domestic applications. When used in food as baking soda, it releases gas and makes your cake fluffy. This is the same principle that a Solvay team applied to make Alve-One for the plastics' industry
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Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Table of Contents:
Global High Performance Plastics Market Report 2020
1 High Performance Plastics Definition
2 Global High Performance Plastics Market Major Player Share and Market Overview
3 Major Player High Performance Plastics Business Introduction
4 Global High Performance Plastics Market Segmentation (Region Level)
5 Global High Performance Plastics Market Segmentation (Product Type Level)
6 Global High Performance Plastics Market Segmentation (Industry Level)
7 Global High Performance Plastics Market Segmentation (Channel Level)
8 High Performance Plastics Market Forecast 2020-2024
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