Heat Resistant Polymers Market will reach at SD 66.23 Billion by 2032- A Comprehensive Study by Key Players:BASF, Arkema, Evonik Industries, Daikin Industries, Celanese, Solvay, Kuraray, DuPont, Victrex, Saudi Arabia Basic Industries

The Heat Resistant Polymers Market is projected to grow from USD 19.66 Billion in 2021 to USD 66.23 Billion by 2032, at a CAGR of 12.34% from 2021 to 2032.

Companies operating in the global heat resistant polymers market include Arkema SA (France), E. I. du Pont de Nemours And Company (U.S.), Dongyue Group Ltd. (China), DIC Corporation (Japan), Honeywell International Inc. (U.S.), Parkway Products Inc. (U.S.), Schulman AG (U.S.), Caledonian Ferguson Timpson Ltd (Scotland), Panjin Zhongrun High Performance Polymers Co. Ltd (China), Quadrant EPP Surlon India Ltd (India), Tri-Mack Plastics Manufacturing Corp. (U.S.), Huntsman Corporation (U.S.), PolyOne Corporation (U.S.), BASF SE (Germany), Evonik Industries AG (Germany), Celanese Corporation (U.S.), Solvay S.A. (Belgium), Victrex PLC (U.K.), Saudi Arabia Basic Industries Corporation (SABIC) (Saudi Arabia), Covestro (Germany), The Dow Chemical Company (U.S.), Daikin Industries, Ltd. (Japan), Kuraray Co., Ltd. (Japan), RTP Company, Inc. (U.S.), and Ensinger GmbH (U.K.).

A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global Heat Resistant Polymers. On the basis of historic growth analysis and current scenario of Heat Resistant Polymers place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Heat Resistant Polymers. This further helps user with their developmental strategy.

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Global Heat Resistant Polymers: Top Key Players

BASF, Arkema, Evonik Industries, Daikin Industries, Celanese, Solvay, Kuraray, DuPont, Victrex, Saudi Arabia Basic Industries

Rise in demand for production of gaskets, electrical insulators, and coal boilers owing to light weight and versatile properties, will stimulate heat resistant polymer market demand. Increased usage as raw materials in production of high temperature fuel cells in chemical industries should enhance product demand over its counterparts. Growth in R&D spending along with technological advancement in automotive and aerospace industries in order to manufacture fuel efficient vehicles will stimulate industry growth.


Fluoropolymers owing to its polytrophic characteristics such as high chemical resistance and dimensional stability, have find an increased application scope in electrical & electronics industry. Global electrical components market is projected to reach USD 200 billion by 2024. Fluoropolymers are widely used in interconnecting wire, hookup wire, computer wire and thermocouple wires owing to its insulation properties, thereby stimulating heat resistant polymer market demand.


Global vehicle production may exceed 140 million units by 2024, registering growth of over 4% Polyphenylene sulfide in heat resistant polymer market size may witness a significant growth over the foreseeable period. Superior properties, including temperature resistant, chemical resistance, good electrical properties, flame retardancy and high dimensional stability makes it ideal for automotive application, thus favouring industry growth.

Product types uploaded in the Heat Resistant Polymers are:

Fluoropolymers, Polyimides, Polyphenylene Sulfide, Polyetherether

Key applications of this report are:

Building, Electronic Product, Auto Industry

Global Heat Resistant Polymers: By Countries

United States

Canada

Germany

UK

France

Italy

Spain

Russia

China

Japan

South Korea

Australia

Thailand

Brazil

Argentina

Chile

South Africa

Egypt

UAE

Saudi Arabia

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Product Insights
Fluoropolymers emerged as the largest product segment in 2016 and accounted for 49% of the market share. Fluoropolymers have polytrophic properties such as high dimensional stability, high chemical resistance, and resistance to acids, bases, and solvents.

Moreover, they also show friction dropping property which fosters manufacturing of consumer goods. Owing to these properties this product is estimated to grow at the highest CAGR of 6.6% during 2017 to 2025.

In terms of revenue, polyphenylene sulfide accounted for the second largest market share in 2016 and is likely to reach a market valuation of USD 3.62 billion. It is synthesized to obtain textiles and synthetic fibers which are used in filter fabrics for electrical insulations, coal boilers, packaging, and gaskets. It is also used as an engineering plastic that can be easily molded and extruded for automotive as well as electrical applications.

Other major products include polyimide, polybenzimidazole, and PEEK, which are flexible, lightweight, and resistant to heat and chemicals. Polyimide has diverse applications in displays, high temperature fuel cells, and the defense sector. Moreover, polybenzimidazole depicts high heat stability and is thus used to fabricate most of the protective apparels including space astronauts' suit, firefighter gear, and heat resilient gloves.

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Regional Insights
Asia Pacific accounted for more than 45.23% of the global revenue in 2016 is anticipated to witness the fastest growth over the forecast period. Emergent economies such as India and China are expected to witness strong economic growth over the coming years. Increasing demand for high temperature plastics from automotive, electronics, and aerospace industries in these countries has been responsible for the market growth.

Europe and North America together accounted for 50% of the global demand in 2016. Earlier product introduction, the presence of key manufacturers as well as well-established end-use industries has been responsible for the market penetration in the region.

Growing production of automobiles and investments in defense & aerospace is projected to enhance demand for heat resistant polymers over the world. Huge investments in developing polymer engineering in North America are anticipated to surge preference for these plastics.

Competitive Insights
Companies are likely to invest huge amounts in research & development events. Associations are also arranged to emerge as one of the strategic initiatives used by businesses involved in new product development. Capacity growth and new product launches are predominant in the industry.

Acquisition and joint ventures are an integral part of this market and allow companies to expand their regional presence and product offerings. The Trend in this market signifies companies manufacturing polyimide films are acquiring companies possessing technology and patents for producing raw materials.

In October 2016, Celanese Corporation announced five new polymer innovations at K 2016 plastics trade show in Dusseldorf, Germany which is designed to meet product development specification and intricate design of global auto, consumer, medical, electronics and industrial manufacturers. Some of the companies engaged in the expansion of this market include BASF SE, Honeywell International Inc., E. I. Du Pont De Nemours and Company, Daikin Industries, Evonik Industries AG, DIC Corporation, Celanese Corporation, Solvay S.A.

Report includes Competitor's Landscape:

➊ Major trends and growth projections by region and country
➋ Key winning strategies followed by the competitors
➌ Who are the key competitors in this industry?
➍ What shall be the potential of this industry over the forecast tenure?
➎ What are the factors propelling the demand for the Toll Like Receptor 8?
➏ What are the opportunities that shall aid in significant proliferation of the market growth?
➐ What are the regional and country wise regulations that shall either hamper or boost the demand for Toll Like Receptor 8?
➑ How has the covid-19 impacted the growth of the market?
➒ Has the supply chain disruption caused changes in the entire value chain?

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