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High Temperature Thermoplastics Market Worth 21.70 Billion USD by 2022

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MarketsandMarkets™
High Temperature Thermoplastics Market Worth 21.70 Billion USD by 2022

According to a new market research report "High Temperature Plastics Market by Type (Fluoropolymers, Polyphenylene Sulphide, Polysulfones, Polyimides and Others), by End-Use industries (Transportation, Electrical & Electronic, Industrial, Medical, and Others) - Global Trends & Forecast to 2019" the high temperature plastics market is projected to grow from $ 9,005.65 million in 2014 to $13,317.95 million by 2019, with a CAGR of 6.8% between 2014 and 2019. It also explains the driving and restraining factors of the global high temperature plastics market with an analysis of trends, opportunities, and challenges.

                                                  

Browse 86 market data tables and 66 figures spread through 171 pages and in-depth TOC on “High Temperature Plastics Market by Type (Fluoropolymers, Polyphenylene Sulphide, Polysulfones, Polyimides and Others), by End-Use industries (Transportation, Electrical & Electronic, Industrial, Medical, and Others) - Global Trends & Forecast to 2019”

https://www.marketsandmarkets.com/Market-Reports/high-temperature-plastics-market-1192.html

Early buyers will receive 10% customization on reports.

The high temperature plastics market is segmented by type, by application, and by geography. The market size of each region such as North America, Europe, Asia-Pacific, and Rest of the World (RoW) is projected in the report. The key countries such as U.S., China, Germany and Japan are covered and their market size is forecasted along with their growth rates.

Fluoropolymers: Largest market segment

Fluoropolymers is the single-largest segment, holding more than 47% share of the global high temperature plastics market in 2014 and is projected to grow with a CAGR of 5.3% between 2014 and 2019. Asia-Pacific is the largest market for fluoropolymers and North America fallowed to be second largest market in 2014.


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High temperature plastics market, by end-use industries

The high temperature plastics market is segmented into five major end-use industry segments; they are transportation, electrical & electronics, industrial, medical, and others. The demand for transportation segment accounted for the largest share in 2014, at $3,217.87 million, and it is projected to reach $4,596.03 million by 2019. Asia-Pacific is estimated to be the largest region of transportation segment in 2014, followed by the North America.

Leading companies such as Solvay S.A. (Belgium), SABIC Innovative Plastics (The Netherlands), E. I. du Pont de Nemours and Company (U.S.), Celanese Corporation (U.S.), and Victrex plc. (U.K.) are focusing on development of new high temperature plastics products through research and innovation, in order to expand their customer base.

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MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.


M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.


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