Press release
High Performance Plastics Market Regional Analysis, Market Share and Forecast to 2022
Market Scenario
The key drivers for the growth of the High Performance Plastics Market are their properties like high chemical resistance at high temperature, high thermal & mechanical stability, and high electrical insulation, which makes it more popular over standard plastic. The high performance plastics are widely used in automotive, electrical & electronics, aerospace & defence, and industrial applications. Automotive segment contributes highest to the overall growth of the market. The reason is attributed to its features such as light weight, especially in the automotive industry, which makes it 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 7% by 2022.
Segmentation
By Type:
• Floropolymers
• Polyamides
• Sulfone Polymers
• Polyphenylene Sulphide
• Liquid Crystal Polymers
• Polyetherimide
• Others
By End User:
• Automotive
• Aerospace & Defence
• Electrical & Electronics
• Industrial
• Others
By Region :
• North America
• Europe
• Asia Pacific
• ROW
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Regional Analysis of Global High Performance Plastics 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.
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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Study Objectives of High Performance Plastics Market
• To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global High Performance Plastics Market
• To provide insights about factors affecting the market growth
• To analyze the Global High Performance Plastics Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by material, product, and regions
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global High Performance Plastics Market.
The report for Global High Performance Plastics Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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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 global, 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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