Press release
Absolute Analysis on High Performance Plastics Market : USD 30 Billion at CAGR of 7% by 2022
Market Scenario
The High performance plastics are widely used in automotive, electrical & electronics, aerospace & defence, and industrial applications. Automotive segment contributes highest share to the overall growth of the market. The reason behind is high performance plastics provides light weight manufacturing products which are fuel efficient as it is estimated that every 10-12% reduction in vehicle weight results in a 6% to 8% reduction in fuel usage. The Global High Performance Plastics market size was valued at around USD 14 billion in 2016 and is expected to cross USD 30 billion at CAGR of approximately 7% by 2022.
The key drivers for the growth of the high performance plastics market are their properties like high chemical & electrical resistance, high thermal & mechanical stability. The popularity of such plastic is growing across all major industries, widening the scope of the market. The high performance plastics are widely used in automotive, electrical & electronics, aerospace & defence, and industrial applications. Floropolymers segment plays the role of major contributor for the growth of the market. Floropolymers are used in various industries like automotive, aerospace, electronics due to its high performance.
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Asia-Pacific is the largest growing market
Asia-Pacific is the largest market for high performance plastics followed by Europe and North America. Emerging countries like China, India and Japan have a high demand for the high performance plastic in growing automotive and electrical & electronics and other industries in the region. The rapid growth in the industrialization is estimated to drive the market for high performance plastic in this region.
Intended Audience
• Manufacturers of High Performance Plastics
• Importers and exporters of High Performance Plastics
• Traders, distributors, and suppliers of High Performance Plastics
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
Key Players
The key players of Global High Performance Plastics Market report include- Sekisui Chemical Co. Ltd., BASF SE, Quadrant AG, Nylacast Limited, Arkema Group, Daikin Industries Ltd, Celanese Corporation, Solvay S.A., Arkema SA, Evonik Industries AG, and Kuraray Co. Ltd.
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BRIEF TOC:
1. EXECUTIVE SUMMARY
2. RESEARCH METHODOLOGY
3. MARKET DYNAMICS
4. GLOBAL MARKET SEGMENTATION
5. REGIONAL MARKET ANALYSIS
6. COMPETITIVE ANALYSIS
7. CONCLUSION
8. LIST OF TABLES
9. LIST OF FIGURES
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global High Performance Plastics Market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com
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