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.

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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.

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

Rising demand in automotive & aerospace industry
Replacement of conventional materials
Improved economic conditions
About the market

The global high temperature market has been growing rapidly during the last few years. The market is expected to continue growing at a healthy rate in the next five years, mainly driven by a growth in the end-user industries such as automotive and aerospace industry.

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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.

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