High Temperature Plastics Market, By Product, Application, End-Use Industries


Posted July 30, 2018 by abhijeetw1

The high temperature plastics market is projected to reach 803.55 Kilo tons by 2019, with a CAGR of 6.2% between 2014 and 2019.

 
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

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.

The major drivers contributing towards the growth of HTP market are:

Rising demand in automotive & aerospace industry
Replacement of conventional materials
Improved economic conditions
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.

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.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=1192

On the basis of types: The high temperature plastics market is further segmented into sub categories as follows:

Fluoropolymers
Polyphenylene Sulfide
PolySulfone
Polyimides, and
Others
On the basis of applications: The high temperature plastics market is further segmented into sub categories as follows:

Transportation
Electrical & Electronics
Industrial
Medical, and
Others

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Issued By marketsandmarkets
Country United States
Categories Business , Industry , Manufacturing
Tags high temperature plastics , high temperature plastics market
Last Updated July 30, 2018