11-09-2017 02:46 PM CET - Advertising, Media Consulting, Marketing Research

Global Heat Resistant Polymers Market Replace the Traditional Materials with Automotive and Aerospace Industries

Press release from: Data Bridge Market Research
Global Heat Resistant Polymers Market Projected to Grow at a CAGR of 6.8%
Global Heat Resistant Polymers Market Projected to Grow at a CAGR of 6.8%

Increasing demand for heat resistant polymers from the transportation end-use industry rising demand from the Transportation, electronics & electrical industry will also drive the growth of the heat resistant polymers market during the forecast period. On the other hand, high processing cost of heat resistant polymers is anticipated to be one of the major restraints for the growth of this market.

The Global Heat Resistant Polymers Market accounted for USD 12.31 billion in 2016 and is projected to grow at a CAGR of 6.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Heat resistant polymers are polymers that can tolerate the high temperatures and therefore, can be used in the industries such as semiconductor, petro/chemical, aerospace, and transportation. Heat resistant polymers are of several types such as fluoropolymers, polyether ether ketone, polyimides, and polyphenylene. Fluoropolymers are expected to grow at the highest CAGR over the forecast period owing to factors such as high chemical defiance and high dimensional stability.

Major Market Drivers and Restraint:
• Increasing demand in automotive and aerospace industries
• Growing demand in the developing nations
• Replacement of the traditional materials
• High prices of the heat resistant polymers
• Difficulty in the processing of heat resistant polymers

Click for Free Sample Report of Global Heat Resistant Polymers Market Visit @ databridgemarketresearch.com/request-a-sample/?dbmr=globa...

Major Market Competitors:

Some of the major players in the heat resistant polymers market include BASF SE, Arkema Group, Evonik Industries AG, Daikin Industries, Ltd., Celanese Corporation, Solvay S.A., Kuraray Co., Ltd., E. I. Du Pont De Nemours and Company, Victrex PLC, Saudi Arabia Basic Industries Corporation (SABIC), Dongyue Group Ltd., DIC Corporation, Honeywell International Inc., Covestro, Parkway Products Inc., Schulman AG, Caledonian Ferguson Timpson Ltd, Panjin Zhongrun High Performance Polymers Co. Ltd, Quadrant EPP Surlon India Ltd, Tri-Mack Plastics Manufacturing Corp., The DOW Chemical Company, Huntsman Corporation, Polyone Corporation, RTP Company, Inc., Ensinger GmbH and many more.

Market Segmentation:

On The Basis Of Geography, the heat resistant polymers market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

On The Basis Of Type, the market is segmented into fluoropolymers, polyimides, polyphenylene sulfide, polybenzimidazole, polyether ether ketone, others. Fluoropolymers is expected to grow at the highest CAGR over the forecast period.

For Any Query Speak to Expert @ databridgemarketresearch.com/speak-to-analyst/?dbmr=globa...

On The Basis Of End Use, the market is segmented into transportation, electronics & electrical, other industries. Transportation is further segmented into the fuel systems, induction systems, and coolant systems. Electronics and electricals are further segmented into circuit breaks, connectors, and motor brush card.

Competitive Landscape:

The global heat resistant polymers market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Browse Full Report of Global Heat Resistant Polymers Market Visit @ databridgemarketresearch.com/reports/global-heat-resistan...

Related Report

Global PVC Additives Market – Industry Trends and Forecast to 2024

Global PVC Additives Market, By Type (Stabilizers, Impact Modifiers, Processing Aids, Lubricants, Plasticizers) By Fabrication Process (Extrusion, Injection Molding) By Application (Pipes & Fittings, Profiles & Tubing, Rigid Sheet & Panel) – Industry Trends and Forecast to 2024

Read More: databridgemarketresearch.com/reports/global-pvc-additives...

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
Investor: investors@databridgemarketresearch.com
Visit Blog databridgemarketresearch.com/blog/
Follow us on LinkedIn: www.linkedin.com/company/data-bridge-market-research

This release was published on openPR.
News-ID: 809920 • Views: 150
More releasesMore releases

You can edit or delete your press release here: