High Performance Plastics Market Perceives A Flourishing Growth At 7% of CAGR; MRFR Unleashes Industry Prognostications Up To 2022

Market Research Future published a research report on “High Performance Plastics Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Global High Performance Plastics Market Information by Type (Floropolymers, Polyamides, Sulfone Polymers, Polyphenylene Sulphide, Liquid Crystal Polymers, Polyetherimide, and Others), by End-Use (Automotive, Aerospace & Defence, Electrical & Electronics, Industrial and Others) and Region – Forecast to 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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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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