The market report provides an in-depth overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin.
The market report also contains the drivers and restrains for the high performance plastics market that are derived from SOWT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.
The Global High Performance Plastics Market accounted for USD 18.32 billion in 2016 and projected to grow at a CAGR of 9.7% 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.
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The global high performance plastics market is consolidated due to the presence of limited number of players concentrated in few countries. 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.
Major Market Drivers:
- Growing use of HPPS in automotive and aerospace industries
- Replacement of conventional materials by HPPS
- Improving economic conditions
- High cost of HPPS in comparison to other conventional materials
- High competition from hybrid polymers and composites
Key Market Competitors:
Some of the major players in global high performance plastics market include DAIKIN INDUSTRIES, Ltd., Celanese Corporation, Solvay, BASF SE, Arkema Group Social Media Hub, EVONIK, KURARAY CO., LTD., DuPont, Victrex plc, SABIC, SEKISUI CHEMICAL CO., LTD., Saint-Gobain Performance Plastics, Röchling Group, Quadrant Group Limited, Ensinger India Engineering Plastics Private Ltd., Grindwell Norton, Dover High, A. Schulman, Inc., CoorsTek Inc., Murtfeldt Kunststoffe GmbH & Co. KG, DuPont, TriStar Plastics Corp., and others.
TABLE OF CONTENTS
- MARKET OVERVIEW
1.1. Market Definitions
1.2. Research Methodology
1.3. Market Segmentation
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
3.4. Premium Market Trends
- INDUSTRY ANALYSIS
4.1. Value Chain Analysis
4.2. Technology Roadmap
4.3. Market Attractiveness Analysis
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Market Definition: High performance plastic is playing the vital role in various sectors especially in automotive industry because of its light weightiness. The light weight of plastics makes for more fuel efficient vehicles. Moreover it deals with minimal corrosion, allowing for longer vehicle life. Growing use of HPPS in automotive and aerospace industries may act as the major driver in the growth of high performance plastics market. High competition from hybrid polymers and composites may hamper the market. It is widely applicable in transportation, medical, industrial, electrical & electronics.
The global high performance plastics market is segmented on the basis of type into fluororpolymers (FPS), HPPA, polyphenylene sulfide, liquid crystal polymers, and polyimides. The fluororpolymers (FPS) is sub segmented into PTFE, PVDF, FEP, fluoroelastomers, other fluoropolymers. The HPPA segment is sub segmented into Polyamide 11, Polyamide 12, Polyamide 9T, Polyamide 46, Polyphthalamide, and Polyacrylamide. The polyphenylene sulfide segment is further sub segmented into sulfone polymers, polysulfone, polyethersulfone, and Polyphenylsulfone. The liquid crystal polymers segment is further sub segmented into aromatic ketone polymers, polyether ether ketone, polyether ketone, and polyether ketone. The polymides segment is further sub segmented into polyether-imide, polyamide-imide, and polyester-imide
On the basis of end-use, the global high performance plastics market is segmented into transportation, medical, industrial, electrical & electronics, and others. The transportation segment is sub segmented into automotive, and aviation. The medical segment is sub segmented into pharmaceutical & biotechnology, surgical equipment, diagnostic, therapeutic system, and dental. The industries segment is sub segmented into oil & gas, power plants, and water treatment. The electrical and electronics segment is sub segmented into telecommunication, semiconductors, electronic components, display, and defense electronics. The others segment is sub segmented into defense, and building & construction.
On the basis of geography, the global high performance plastics 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.
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